YieldMax Ultra Option Income Strategy ETF ULTY

The 52 week low is 5.23 so this is still high

The idea is income, not appreciation. If you want appreciation, go buy long ETFs and stocks. At some point this will recover the few cents it went down.

Sellers think it will drop >0.10 after close

After 7 days 0.10 benfet

Bought over 1000 shares. Rolling all dividends back in to the stock. That is giving me 20 shares a week, and growing. Watching carefully, so far my cost is down to $6.00

No dividend on Schwab yet. Do they usually pay out at 3pm?

I don’t think ROC is a problem as long as NAV is stable. Dividend via ROC will reduce your cost basis by the same amount and you won’t have to pay taxes until you sell. So instead of total return by price appreciation you get in by decrease cost basis instead.

I don’t think ROC is a bad thing. What ever dividend you get will reduce your cost basis by the same amount and you won’t have to pay taxes on it until you sale the share. As long as NAV is stable and your cost basis is continued to go down via ROC, then you are golden.

Can anyone tell me what the Nav is for ULTY

Just checked the Yieldmax site and they say ULTY will pay on June 23, 0.0875 cents per share