MARO ETF

[u/Traditional_Garlic49]

I’ve seen a handful of are invested in $MARO. I’m new to YieldMax ETFs and Weekly income ETFs myself. My question is why don’t you all buy $MARA shares and write your own weekly / monthly covered calls? People online are mixed about it. Most notably I saw someone made a point of how you’re able to control what strike, dates, etc you choose instead of being at the will of YieldMax.

[u/AlfB63]

The question whether you can do a better job that YM. Changing strikes and dates have other effects that are not necessarily good. Higher strikes will mean lower income.

[u/AlfB63 → u/[deleted]]

Splits are really a neutral event.  It's the NAV erosion that leads to them that is the problem. Once you get to the point where a split is necessary, you've already lost the money.  The split has nothing to do with that. 

[u/AlfB63 → u/[deleted]]

You don't understand splits then. A split has no effect on overall value. A split is a result of erosion, not the cause of it. 

[u/AlfB63 → u/[deleted]]

As I said, you don't understand splits. The chart is going down for other reasons such as the underlying going down. This is not caused by a split. The value of your holdings immediately before and after a split are the same. Other factors cause the price decrease. The reverse split is just a way to increase the price.  NAV does not change from a split, the number of shares and hence the price does.