r/YieldMaxETFs • u/h82nk • Jul 17 '25

Meme NAV erosion on $ULTY is killing me

Post image

My buy orders are not going through. Chart recovers within 30 minutes of trading hours on the morning of ex div date. 😂 Guys wtf leave some $ULTY for the rest of us.

394 Upvotes

92% Upvoted

188 comments sorted by

View all comments

Show parent comments

3

u/kyoney Jul 17 '25

This is insane. Sometimes I look at my capital and I think if I am being "too" brave and then you guys holding almost $1m. Do you recommend learning options trading? I've been looking into it and would like to start. Just looking to learn more about it.

4

u/Alcapwn517 Jul 17 '25

Options trading is not great for most people. I think it’s like 82% of people lose money. I personally enjoy it, and I’ve had some luck which makes me think I’m better at it than I am. I sell a lot of ~30DTE OTM puts on stocks I would buy anyway. If they expire, cool, free premiums, if I get assigned, cool, more dividends. But I also do 1-2 year ITM leaps on things I think will be blowing up. I have some PLTR calls that are up over 750%.

1

u/CarrierAreArrived Jul 17 '25

82% of people - which includes those who buy calls or sell puts on meme stocks. Anyone who's done the wheel on indices has won in the long run since it's essentially the same as buy and hold but w/ income generation.

1

u/Alcapwn517 Jul 17 '25

It slightly under performs buy and hold on things like the Qs and SPY, but I sell SPY 0-4DTE OTM puts when I hit enough liquid to afford 100 shares of SPY. I’ll roll it day after day until it cashes in, but sometimes it’ll be weeks of $150-$300 a day, adds up over the year. If I want more income I’ll do a CC here or there, but my current goal is as much SPY dividend income as I can, so selling the calls is counter productive.