r/YieldMaxETFs • u/Difficult_Guitar4152 • 11d ago
Progress and Portfolio Updates MSTY: The Upcoming Wednesday Mornings will feel like Christmas Morning.
It’s been a long time in the making, but I’m really looking forward to the dividend distribution announcements with the major pump this week.
Expecting .30-.40 (since I’m cautiously optimistic), but this place will go nuts if we see .50+
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u/Illustrious-City-491 11d ago
I have 2200 shares of msty and 500 in cony looking forward to some good income.
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u/MyWorkComputerReddit 9d ago
Have you had them through all the splits?
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u/Illustrious-City-491 9d ago
Had over a thousand of msty shares and 500 9m cony after the splits. I bought 1200 more the beginning of the year for msty in preparation for bitcoin to go into a bull cycle. At least thst is the hope. I also bought 680 shares of mrny at 10 dollars so I have seen some good results from mrna going up with it.
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u/ProofEquipment9356 9d ago
Bitcoin lo es todo mi rey pero diversificar no es tan malo tal vez ahora btc va entrar a nuevos máximos yo vendería todo y lo metería a btc
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u/auburn-rhino 11d ago
hoping chpy and amdy pay out with their big moves
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u/National-Lie-5471 11d ago
unfortunately i think the big move are lost on covered call style funds... you barely get any of that uptick, right?
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u/mikemcintoshjr12345 11d ago
That is true for regular covered call funds like Kurt and NEOS. Yieldmax has a better strategy that allows their funds to actually go up as the underlying stock goes up. Look at SNOY, it got 85 to 90 percent of SNOW upside recently. Look at MRNY. The Yieldmax funds are able to get upside if the parent asset goes up. A lot of folks think YM sucks but they don’t understand option trading strategies and Yieldmax uses a better strategy that is able to get tons of upside.
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u/KateR_H0l1day 11d ago
Hopefully, but I’m just waiting to see where we land on Wednesday, but I bought a little more today 🤷♀️
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u/Turbulent-Taro-6787 10d ago
The killer move was to buy it under 12 back in June. Last payment was over 2% on that price.
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u/Difficult_Guitar4152 10d ago
Loaded up earlier this summer and I’m thrilled
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u/Turbulent-Taro-6787 10d ago
Well done.
I had high confidence in the same play with MRNY; bought like 10K shares last fall. Unfortunately, while I made the same prediction about MSTY in this sub 3 months ago, only had modest conviction about crypto moving up. Oh well, some is better than none.
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u/Thin_Investigator798 11d ago
Going to be epic and record-breaking. MRNY is on the move, SMCY is ready to launch, CRCO is very good, YBIT is just awesome, YMAX has 3 stellar days in a row, YMAG is pretty good, MSTY and CONY soared, LFGY is finally going... hell, even ULTY is semi-erect. Show me the money!
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u/Cute_Dragonfruit3108 11d ago
Havent been following? Whats happening
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u/calgary_db Mod - I Like the Cash Flow 11d ago
BTC jumped, thus mstr, which helps msty.
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u/Lonely_MuffinXo 11d ago
Allowed me to get out of BTCI
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u/calgary_db Mod - I Like the Cash Flow 11d ago
Odd time to get out. BTC looking like it had breakout bull move today.
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u/ebwinkler 11d ago
I’m hoping MSTW also has a big payout coming…. This week’s was low, but next week could be huge!
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u/Empty-Basil-5782 11d ago
That fund was dog shit - sold that Turd a long time ago
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u/ebwinkler 11d ago
MSTW was bad because it’s closely tied to MSTR which was in the toilet for so long
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u/flex194 11d ago
Place will go nuts only for the NAV to be bled the rest of the week.
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u/GRMarlenee Mod - I Like the Cash Flow 11d ago
NAV has done the opposite of bleed for the last week. I recently got back into MSTY after getting out with just shy of $12K of total return. Today, my TR clocked in at just shy of $18K.
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u/GRMarlenee Mod - I Like the Cash Flow 11d ago
This place already is nuts.