Thread 60795610

ULTY
Current Price 5.95
Last Dividend 0.1
Ann. Yield % 87.92
Dividend per $ 0.0169
Trailing 3M Dividend 1.17
3M Total Return(DRIP) 16.68%
6M Total Return(DRIP) 9.98%

just gimme the number I care about and cut the bs

>>60795610 (OP)
>Last Dividend 0.1
>Dividend per $ 0.0169
this seems like a shitty ROI and this ETF has lost 50pc its value since a year ago
who are you trying to fool OP. explain yourself.

Woah turns out an 80% dividend in unsustainable

>>60795610 (OP)
Will 'le new strategy since April'
Let's find out

>>60795610 (OP)
That other girl was incredibly based

>>60797124
forgot pic

>>60795753
no one only owned it in the $6 dollar range. not reinvesting anything until i get my initial back

why would you pay a 1.3% expense ratio for someone to sell covered calls badly for you?

>>60799221
why not reinvest? is it a bad investment?

>>60795610 (OP)
you say DRIP here

these should really be renamed covered calls gone badly for retards

they just want your fees

>>60799245
who wants to own hundreds of units of this dogshit so they can sell ccs themselves?

>>60799255
want to play with house money its high risk enough

>>60799269
ULTY holders i guess -1.3% fee

>>60799272
its all your money....

>>60799265
how are they fucking up so badly with just covered calls?
I'm using a similar but more risky options premium strategy and I'm making way higher returns than these retards

>>60799290
now go calculate the fees to buy a house, rent it out, maintain it

>>60799269
also kind of funny a lot of those stocks would have made you a lot of money. unlike FeeMax.

>>60799298
they arent fucking up really. the product they sell is taking 1.3% of people money with a "high" yield product. they dont care if it goes down. people like OP own the etf not them.

the high yield brings in the suckers.

>>60799307
but they are, though. I'm up 25% so far for the year, so if they execute the strategy competently, the 1.3% fee shouldn't matter

>>60799298
start your own biz income fund (ticker: biz)

>>60799299
what a nonsense reply. you may not be smart enough for investing of any kind.

>>60799269
if you really read your own post here you shit all over ULTY holders

>who would own this shit
you
>just to sell CC
they do it for you for a fee

>>60799319
obviously the "ultra high yield" strat doesnt really work. its just there to bring in fee paying customers.

>>60799245
>Human sacrifice was key to the health of the world
Holy shit, they were right

>>60799341
works on my machine

>>60799327
you're retarded. to replicate the strategy you'd need to buy at least 100 shares of 120 companies. if you assume $50 per share that's $600k+. who the fuck would do this?

>>60799370
nice

>>60799341
its high risk, but its also new and stupid enough that if it lasts, IF, it could be a really smart play.

I dont think many people understand the compounding effect this gives people too dumb to options trade themselves. DIY is great for some people but most people are retarded and are better off just letting a qqq qdte or spy do it for them. msty is full retard, but if you got in around 20$ last year, you are already generating free cash each month till the fund goes to zero which might not happen.

A lot of this high yeild shit will burn you if you buy high, but if you time it right, and the funds last 5-10+ years, it might be one of those things people wish they did.

>>60799298
yeah dude>>60799320
Id pay you .5% to do CC magic for me.

>>60799527
throw your cash in, don't reinvest, take initial after a year or whenever its returned, fully reinvest and compound

>>60799542
I'm too lazy to learn or do whatever it is that you need to start a fund. Why do you think I trade on robinhood