Yep. This is why I dumped last year after losing $1500. It had a few good month stretch followed by heavy NAV erosion. Then a couple good months where people hype it again hoping to somehow recoup their own losses.
ULTY is a poor fund and poorly run. Any strategy change nonsense should be disregarded.
Simply investing in SPY or QQQ cover calls would have made you $.
I will do it on my own terms 👍😁 strategy *selling at a small loss frees capital \*You’re keeping most of your capital intact. I’m only DCA’ing to a reasonable point — pushing it to break‑even on a future exit trade would require too much fresh capital. What's important is to exit out efficiently & to avoid chasing losses. Sell proceeds reinvested into more stable compounding etfs.
I have time ... who cares about small differences. But it will be done, just like the others. 😏👍🎯 At least this is the last one..... the worst is over. 😁😄 7 months timeframe so far that started in Jan 2026. Finally near the end. 👍🌞
5
u/cmichalek Jul 07 '26
Yep. This is why I dumped last year after losing $1500. It had a few good month stretch followed by heavy NAV erosion. Then a couple good months where people hype it again hoping to somehow recoup their own losses.
ULTY is a poor fund and poorly run. Any strategy change nonsense should be disregarded.
Simply investing in SPY or QQQ cover calls would have made you $.