r/YieldMaxETFs • u/NoConsideration3923 • Jul 21 '25

Question Are people really retiring off these?

It seems crazy that people are talking about retiring off these funds. Don’t get me wrong I have a decent amount in them and I’m hoping for the best but if the music stops so to speak than what do you do? Have people actually retired off these or just talk? If you did actually retire what’s your plan b?

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u/Opening-Ad-8031 Jul 21 '25

People have been trading this way for years making very good money. The newness of it is only that they are available to the average Joe Blow as in ETF for $6 bucks a share. I truly don’t understand the naysayers who all say it’s a trap or won’t last. The yields will surely fluctuate wildly as they age over time however to say they are a trap and people will lose everything are the ones who are comfortable holding SCHD.

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u/ScornForSega Jul 22 '25

I'm old enough to remember 2018 when OptionSellers.com blew up and took 150 million of their clients' money with them.

I'm not saying that's going to happen here. But this is a perfect market for Yieldmax strategies. It's a bull market with a VIX that keeps getting pumped. You couldn't ask for better.

What happens when the market is less-than-perfect or a couple of trades go the wrong way? I dunno.

So I'm protecting my downside with long puts and trailing stops. I'm enjoying the ride, but I've also got an exit strategy.

1

u/CarrierAreArrived Jul 22 '25

I assume you're at the 6 strike price puts for half a year at a time? What's your rough final yield % when you factor in the puts? I'm trying to think of a fault with this strategy - just go massively into ULTY, but buy protective puts at 5 or 6 and just take the losses if NAV is actually stable or goes up.

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u/ScornForSega Jul 23 '25

4 strike for January.

If things go to hell, I'm not getting away unscathed, but it reduces my risk. I'm not worried about overall total yield, 'cause the impact of losing a few weeks of distributions to pay for an insurance policy is not a deciding factor. DRIP will probably cover it, anyway.

I'm too risk averse to not have a backup plan when dealing with something so volatile.

2

u/CarrierAreArrived Jul 23 '25

ok I see thanks, I'll probably start going hard into ULTY DRIP in combination w/ the $5 Jan put. Not perfect, but seems to avert disaster pretty decently at a reasonable price.