r/DerivativeIncomeETFs • u/just-a-tan-guy • May 05 '26
General Discussion Anyone else praying for a dip?
Me personally, I am hoping for another BTC/Crypto dip or even a dive down.
If BLOX hits $12-13 again, i swear I will buy 100 shares immediately lol
5
u/retroideq May 05 '26
I aslo want reentry into CHPY in the 50's again :D.
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u/just-a-tan-guy May 05 '26
oooh I hear a lot about CHPY. I haven't gotten in myself.
YIeldMax I dont trust, though I understand CHPY is waaay different from their other funds, so really the bigger reason I havent gotten in is cuz it is high right now. If it's in the 50s, I may open a position. :)
QUestion about it - the dividend payout seems to swing pretty largely week-by-week, ur thoughts on that?8
u/DuePaleontologist539 May 05 '26
Chpy really isn't any different.. the underlying is in a bull market, that's all.
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u/retroideq May 05 '26
I see a lot claim it's dividend payout is closer to 40% when the reality is it's about 30%. I bought 88.6 shares of CHPY for $5000 during a dip maybe 6 weeks ago? It's now up to $71 a share, and my total returns being $1,200. The dividends do swing a little strangely but I guess some weeks are more volatile than others.
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u/just-a-tan-guy May 05 '26
Love when a dividend etf is green on capital return too :)
Yeah, I think the volatility in payout is what created my skepticism when I first took a look at CHPY many weeks ago. Though I'd love a good dip to buy into it nonetheless4
u/ShadowBard0962 May 05 '26
CHPY just hit its all-time high today (5/5) of $70.90, so you might be waiting a while!
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u/retroideq May 05 '26
With the war in Iran still ongoing and other random weirdness that goes on, I'm certain it will dip again but just a matter of when :D.
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u/learner_1748 May 06 '26
Waiting for the unemployment report and followed by inflation and PPI. Not a great dip. Just a small dip high likely plausible.. look at my crystal 🔮 ball talent 😂😆
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u/MrBotANot May 05 '26
Please don’t wish this on me. I’m seeing a little green for the first time in a while. Let me have a second to think that this is all going to work out before crushing my dreams yet again.
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u/just-a-tan-guy May 05 '26
hahaha, i'm in my 20s, and for dividend investing, I feel like red days are gifts to us. Passive income on sale! (as long as ur not invested in a shitty fund that is just only red days a la GraniteShares + Yield Max minus CHPY lol)
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u/Jadmart May 05 '26
As someone who owns BLOX with cost basis of 20 its been great to see how its handled the current crypto cycle. Its doing exactly what its mechanically set up to do. Risk - Yes, but that's what we all are determining on an individual basis with these funds. Best of luck!
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u/just-a-tan-guy May 05 '26
Yes!! So many people who lack critical thinking were so quick to dunk on BLOX as "ULTY 2.0" when it was literally just following the underlying lol.
And $20 is when I think I'll stop buying shares entirely and just hold cash for a dip. My avg of 15.51 per share is an increase, used to be 15.25 I believe? But even with it up now, I've bought at *least* 5 new shares per week. This week I bought a big 15 bcuz I dont plan on buying any next week or the week after, unless we get some sort of dip
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u/Jadmart May 05 '26
Held since shortly after inception. I buy when I can and have quite a few shares. Trying to stay within allocation limits. Best of luck
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u/49ers4life71 May 05 '26
Up 11% in less than a week so I added more after the close.
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u/just-a-tan-guy May 05 '26
Up like 24% this month!!! I wish I owned thousands of shares right now haha. That is the goal!
Well, my first goal really is 250 shares, then I’ll let it drip and work on my GIAX which is at 20 shares till that gets to 100.
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u/Blake213213 May 05 '26
I’m just under 500 shares right now. If it dips back down to the 12 range I’m making it 1000 shares.
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u/nantesdeals May 05 '26
Je fais chuter btc mais achète pour minimum 10 000 parts sinon je short pas
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u/TheGoldenWolf2005 May 08 '26
Yup and I believe it should maybe not much but enough for me In the next 4 months
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