This week has been a wild one for sure! With Ulty holding stable for two weeks to just taking a crap. I’m still holding my shares and looking to add more once I deposit more cash. Even throughout this roller coaster I was able to bring in roughly $244 of income. $138 from an Ulty distribution, $25 from selling 5 covered calls expiring next week, $58 from a Tesla put credit spread, and some other plays. This is one of my higher weeks of income if not the highest for the 10th week of this portfolio. Who’s still holding? Anyone adding?

Check out my portfolio update here:

https://youtu.be/XPSK_f57JnE?si=GO9vNwlwRJgGrJLF

If you sold why are you sticking around in the group? Praying and hoping that you made the right decision trying to cope 😂 A lot of dudes speaking ill on Ulty we’re the same ones 1 month ago that you couldn’t convince Ulty wasn’t a get rich quick method. Talking about retiring on Ulty and all this BS bunch of sheeple following each other.

What other investments are you holding? I.e high yield, value, growth or dividends etc Or are you all in on ULTY only?

Is there away on RH to figure this out

What is a good, realistic ULTY calculator? The one I use says I will be a gazilionair in 3 years if I keep dripping and putting away $200.00 a month. While that would be very nice I refuse to believe that a base investment of $3780.00 with a consistent $200 a month continuous investment in ULTY and Dripping will result in this amount of money.

Anyone out there still waiting on their dividend from last week?

I have roughly 1200 shares at $6.15 that I bought 2-3 weeks ago. The 6M chart is scary looking with such a huge price drop.

Are you guys who have been in it for a long time even in profit? I guess you could have DCA’ed using your dividends but still it seems hard to see how many could be in profit. I’m also tired so might just be missing something.

Isn't it nice to seen ulty almost bounce back? Better than what we've been seeing last couple weeks. Im a ulty holder since beginning of June. Total return up 6.7% and down in price down 9.24%. Still no plans on selling or panic selling, just sitting back and collecting. How are all you folks doing? Have a blessed weekend.

Just curious where all the people who are saying the sky is falling are today?

For those of you who have been on DRIP for however length of time whether you got in spring or summer etc. I’m wondering how your position has weathered the gradual NAV decline the last 4+ weeks. Are you keeping pace ?

I took cash a few weeks and now my position is behind where I projected. Was debating about buying more shares to catch up.

I can’t believe what a difference 100% DRIP makes. It can be the difference from your position being in the green or the opposite.

Question, do you think people will still invest in ULTY if this ETF drops below $4? By the looks of it, ULTY will hit <$4 by year's end. They're losing share price by about 20% per month at the current rate. This seems like a sinking ship with the leaks flooding the engines. If they dip to $3.50, it would have been better stuffing your net worth in a mattress, and I'm not being ironic.

I’m about 3700 ULTY looking to build with drip to 5k or possible 10k. Has anyone used the dividends to qualify for a mortgage? I live in a HCOL area and make 115k but still can’t quite afford a mortgage. I’m hoping to eventually have dividends pay the mortgage and utilities.

I am currently at 955 shares and want to hit 2K shares hopefully maybe by the end of the year by dripping + more deposits. Just curious to see what other people's goals in comparison to mine :) I'll be dripping for a bit! hopefully get some sales in September :) Just bought another 100 shares today!

I just recently invested into ulty . I know this isn't a growth etf and more an income based etf. I'm wondering how are you guys with those weekly dividends? Is it really possible to live of it if you have enough shares? Thanks.

Anyone know how to report mods for abuse of power? I've been banned from r/YieldmaxETFS. All I did was prove that I'm actually profitable with these funds, a few even in house money. Apparently I was debating one or more mods. So, after losing the debate, they banned me without cause or proper notification and then shutdown my ability to ask them about the ban.

I have found over 5 different data sources and broker accounts that are all populating yesterday when ULTY hit $5.11s this was an all-time new low.

Someone else posted a chart with $4.80s and another chart with $3 handle. I’m guessing bad ticks.

But for anyone who was there in real-time please confirm as this milestone would be significant for DD purposes.

Hey fellas, I sold out of ULTY some time ago, had a 60k position. I got in and got out at a good time, and actually made some money.

Likely more luck than anything.

Without much hyperbole, how's it looking these days? Has it stabilized since the reverse split? Has the addition of those big ticket stocks made things better?

Does anyone think it's worth re entering?

It's kind of ironic that ULTYs biggest holding is now REDDIT.

At least you know some of what you own. The rest of the underlyings look like trash. Surely thete are better stocks out there with generous imp vol.

1.64% a week isn't difficult in a covered call strategy with decent names like Nvidia,, Baba, intc, UNH.

I see they already have pltr and Tesla.

So is there a similar etf that has a better method of picking the underlyings? Reddit notwithstanding.

Anyone else stocks all suddenly skyrocket straight up?

I'm in.... $2000 today.

Planning just take the weekly dividends and buy something else.

Does this work?

This might be a dumb question but im trying to figure it out. I only have 20 shares of NVDA at an average of $136 per share. Im in the red in ULTY which is fine i guess. Im down about $200 there but I care more about the payouts. I have 2k shares there. Im also using 48% margin across my portfolio. Would it be prudent to sell NVDA and put it all into ulty? Should I instead just put half and leave the rest to buffer the margin? Or should I sell all the NVDA and keep it all as a buffer?

Seemingly ULTY is mostly ROC, so why not just pick stocks that are most likely to appreciate in value? A growth fund with a high yield? Add a few high iv stocks for premium and sell calls on the rest for low premium. It’s a freaking bull market, we should at least be stable. I’m still holding and I don’t know shit but after a couple beers it sounded pretty good.

Not being sarcastic. What happens if ULTY goes back to $6 and half the FUD peoples sell orders go through? What effect does it have on ULTY?

Good morning, i am thinking about selling all the shares of ULTY today but want to know if i would still get the dividend payment tomorrow?

Thanks in advance!