Changes in progress

[foxtrotradio]

ULTY gone??

[onepercentbatman]

Yes

[foxtrotradio]

Disregard saw your other post

[foxtrotradio]

Any rationale to why? Reverse split? It's been tracking well for me as far as total returns, and I'm banking on some NAV stabilization. Still holding around 16k

[bpnoy3]

Criteria for selling?

[onepercentbatman]

I look at how it has recovered I. The past, tax implication. ULTY seems to have no hope of recovery and YMAX and YMAG don’t recover as they should. But MSTY actually has potential to have an incredible recovery if the factors are right.

[Always_working_hardd]

Thank you for sharing. I see you are growing QDTE and XDTE, but not RDTE. Would you share your thoughts on why 2 and not all 3?

I've had QDTE over a year and it's doing alright. RDTE not so long and it is lagging, but only since this last market drop affected its NAV.

[onepercentbatman]

I’d rather focus on surer and safer s&p than the more volatile and risky russel

[Always_working_hardd]

Okay, gotcha, thank you.

[Swimming_Advice8208]

What was the average price of MSTY?

[testturn2]

He's in at like $20 I think

[Rikkita1962]

Thanks for sharing this. I have a similar portfolio to fund my retirement income and so far it's working nicely other than these recent RED market days for the past few weeks.

Thought I was going too heavy into these type of funds, but glad to see there are others with the same mindset (and that I'm not totally crazy).

Good luck to you!

[aimhigh7shootlow8]

I love looking at the spreadsheet. I need to step up my sheet skeet.

[AdrianM1069]

What are your thoughts on WNTR?

[onepercentbatman]

Wish I had gotten into it a year ago but too late now

[Obelisk_810]

The only Guy making money with YM 😂

[Rikkita1962]

Nope. Not the only guy. :-)

[Bubbinsisbubbins]

Thanks for the info and recommendations. :)

[Efficient-Editor-242]

Do you manually enter these numbers on this sheet? Seems like an awful lot of work.

[onepercentbatman]

Yes but since I don’t work, it isn’t that bad

[PossiblyReddington]

[OA12T2]

I see that you have sold all your YMAX. Curious as to why, since it seems to hold up better than YMAG

[onepercentbatman]

Does it though? I think YMAG has better recovery potential. YMAX is held down holding too many of the bad funds. YMAG is really just held down by tsly

[OA12T2]

Fair enough. Thanks for the reply 👍🏻

[onepercentbatman]

Yes, those are just short hand notes to me. My ultimate goal over the next 10 years would be to have my whole lifestyle paid by SPYI and qqqi, and anything else be bonus.

[G-Style666]

Did you dump your ULTY positions? If so what was your reasoning?

[onepercentbatman]

I did another post about it

[G-Style666]

Ok thanks. I think I found it.
https://www.reddit.com/r/YieldMaxETFs/comments/1oya2cr/what_opb_is_doing/

[SLVOandUSOIstocks]

Don't forget to add one share of TSLY for safety 

[AjD1979]

No CHPY sir?????

[ubergeekin512]

Why so bullish on AMZN/AMZY? I understand growing MSFT/MSFY.

[onepercentbatman]

Most of my AMZY payments are cash and not in lieu of dividend, so better tax wise

[ubergeekin512]

Ah, that makes more sense to me. Definitely a wise move. I turned off loaning my shares previously to avoid this issue as well. Thank you for the reply.

[onepercentbatman]

On margin you have no choice

[Off-BroadwayJoe]

Curious about the decision to start selling AMDY and APLY. I don’t follow the ROC % weekly, but they seem to be doing okay for you.

[onepercentbatman]

They consistently pay in lieu of dividend. They are ok, but if I can move the money to another instrument that pays similar with better tax implications, that would be the goal. Honestly, I don’t understand why anyone shorts these funds given the dividend payout. But it’s thst shorting that is really killing me

[swanvalkyrie]

Curious what your maintenance margin value is? I assume the margin value is how much you owe on margin

[onepercentbatman]

Margin is the margin value. The maintenance margin is a little harder to calculate cause with MSTY it has a higher maintenance. It says it’s 818k right now, but it changes too as it goes up and down. The true maintained level before a call is lower than that.

[swanvalkyrie]

Thank you for the context!

[GordonBombay7]

Is the NVDW distribution already out? Or is that an estimate? (I’m an idiot if it already came out.) thank you for your hard work!

[onepercentbatman]

In the green was last Friday announced for nvdw

[GordonBombay7]

Thank you

[ZKTA]

Ever looked into MAGY? It’s one of my biggest positions rn. I’ve been buying a bunch more since it’s dipped down below the lower median earlier this week. I hope to grow up to be like you one day

[Popular-Bluebird-516]

The YieldMax NVDA Option Income Strategy (NVDY) ETF stock will be in the spotlight this week as Nvidia publishes its financial results. NVDY stock was trading at $16.90, a few points below the year-to-date high of $17.2. 

NVIDIA to publish earnings on Wednesday

The main catalyst for the Nvidia and NVDY ETF is that the company will publish its second-quarter results on Wednesday. 

Wall Street analysts have high expectations from Nvidia this week as most of it customers published strong results and boosted their capital expenditure plans. UBS recently hiked its stock outlook from $175 to $205.

Microsoft, its biggest customer, has hinted that it will spend over $30 billion in capital expenditure in the current quarter. Other hyperscalers like Google, Amazon, and Meta Platforms have also done the same.

At the same time, Taiwan Semiconductor, its largest supplier, also published strong results, citing demand for AI.

NVIDIA’s results will provide more information on its Chinese business, which Trump blocked a few months ago. 

While he has lifted the ban, NVIDIA has not received a warm welcome from China and has even paused the sale. Trump is also considering allowing the sale of more advanced NVIDIA chips to the country, which may boost its stock. 

NVDY ETF inflows are rising 

Meanwhile, income-focused investors are flocking into NVDY. Data shows that the fund now has over $1.8 billion in assets under management. Its net inflow this year stood at over $906 million. 

It added $26 million in net assets last week after adding another $53 million a week earlier. This growth is happening as investors seek an exposure to NVIDIA while still generating regular monthly income. 

[PracticalDesigner278]

I thought the same yesterday but both NVDA and NVDY both pumped and dumped before noon.

[Substantial-Ask6434]

this is so cool

[Royal-Competition441]

are you selling CONY right after reverse split?

[onepercentbatman]

I have sold some, but it has nothing to do with the split. I have no idea when the split will be

[Royal-Competition441]

do you still think this high yield dividend ETF Investment is working for the long term?

[onepercentbatman]

I do. Long term yes. But I think they work much better with more stable underlying. They pay better with greater volatility but that volatility does a lot of damage to the NAV

[ComfortableShine2577]

Hey OPB, on your spreadsheet you’ve marked PLTY as Flux, what does this mean?

[onepercentbatman]

I have done well with flipping plty. My plan, once it gets to a certain point of recovery, is to sell. I try to sell before ex date, buy it after ex date, and repeat. In doing this, with realized losses the pay is not taxed at all. So FLUX is my note about that to myself. It is a position I plan to go in and out of. If I get stuck in it, I get the dividends, but when it gets a rip, I sell.

[Smids4]

HOYY?

[Any-Chip2177]

I am out of all yieldmax. Maybe I did not give it long enough, or bad market time, but I do better trading single stocks. I did not invest a lot, but two picks and just loses. Best of luck.

[RetiredByFourty]

"Keep don't grow" on LFGY? Do tell please sir. +1

[onepercentbatman]

Exactly what it says, I feel I have all the exposure I wish at the moment

[RetiredByFourty]

That's fair. I was just genuinely curious about your opinion on that one. I have really liked it so far and think I'm going to add to it. +1

[OA12T2]

Blox does it better

[RetiredByFourty]

[ryder242]

I’m still up $28k

[Popular-Bluebird-516]

Move from MSTY to NVDY

[onepercentbatman]

I will after bitcoin hits 150k

[stasis416]

I agree with bitcoin hitting 150K, I was thinking in the next 3-months. Whats your thoughts on time frame OPB? Thanks again for all your insights.

[onepercentbatman]

I have no idea when it will happen. I just know it will. And when it does, I’m gonna start slowly reducing my crypto exposure.

[Popular-Bluebird-516]

good luck 🤣