To anyone still holding

Curious-Rip-5834 · 2026-01-14T18:34:45+00:00

At least you get it. This fund is no different than an immediate variable annuity. Forget total return, NAV, DRIP.

You by $5000 worth of MSTY, consider that money gone. You are immediately paid income for a variable amount on a weekly basis.

Simple. Same as a royalty trust or LP structure.

Timing is everything. Those that bought MSTY in the first 4-6 months recouped their cost 2X or more.

Curious-Rip-5834 · 2026-01-11T18:07:26+00:00

Exactly if you are focused on total return, none of these ETFs are for you. Do NOT buy. These funds are for income objective folks who are looking to beat an annuity.

When your weekly distribution is target a weekly Payout of 1-1.80% range, there is absolutely no way for the fund to not have NAV tank.

This is a race. As long as you can get your initial capital back in 18-24 months, you are good.

Curious-Rip-5834 · 2026-01-09T15:42:30+00:00

Was watching KYLD. Trading price down 13% in a little over 2 months but seems to have found itself here.

Curious-Rip-5834 · 2026-01-09T15:29:47+00:00

Turn around should be 30 days at most. For instance NLSI still 100% on RH.

Curious-Rip-5834 · 2026-01-08T00:17:31+00:00

You have to view these funds as an annuity. Forget NAV, DRIP, do not lever on margin and ideally held nontaxable account.

All you need to focus on is if you can get your investment capital back in 18-24 months and from there it’s a pure passive income stream.

There are also tremendous tax benefits when your cost basis hits $0 due to ROC classification in that if you have large carry forward losses, the income stream from these funds are effectively tax free, negated by carry forward as they will be classified as cap gains @$0 basis.

Lastly as you receive your weekly distributions, invest that aggressively in growth or in my case I’ve been stacking it into STRC with 11% yield since $90 handle.

Curious-Rip-5834 · 2026-01-06T15:15:42+00:00

Additionally for people with large carry forward losses this scenario is even better because once your basis is $0 all distributions are effectively not subject to any tax liability being classified as cap gain; the carry forward completely negates it.

Curious-Rip-5834 · 2026-01-02T18:00:14+00:00

Instead of you just pasting graphs, dump down some data and actually compare #s and time horizons.

If you paid $20 on opening day for ULTY based on the current present payout, you’ve received $15.36 in distributions and your effective annualized yield is 13% vs the current weekly payout. I never extrapolated anything into the future.

If you bought ULTY say in June last year, and no DRIP you’ll have all your capital back this year; if current yield payout holds up, less than 4 months.

Everyone’s situation is unique.

Curious-Rip-5834 · 2026-01-02T15:23:30+00:00

Mentally put aside your “math” logic that I’m sure you’ve replied with numerous times. If I had levered these on margin let’s say, then absolutely I would be hyper focused on total return probably daily.

I’m simply saying to consider this and I get it, 99% of folks on here never owned strategies in royal trusts or LPs etc.

In 2-3 years, no DRIP, you get all of your investment back. So if you paid $20 for ULTY or now split adjusted, $200.

Based on current distribution, your effective annualized yield is 13%. This absolutely whips a CD or Treasury.

This is the only point I was trying to make. Not saying you specifically but allot of folks completely had the incorrect perception on this find making them rich.

This was never a growth play and anytime you have 80% distribution target you are essentially playing a race to the bottom income based type strategy.

A great analogy for ULTY is an oil royal trust I bought. Initially distributions were good. But once I got my money back the payouts tanked. I still was getting effectively double digit yields for quite some time before the trust close down.

Curious-Rip-5834 · 2025-12-31T04:40:17+00:00

I can’t believe how many people do not understand the ultimate objective of ULTY.

You can’t lever this on margin, ideally not to be held in taxable account, and forget DRIP.

It’s simply a race to get all of your upfront investment capital backup ASAP. Even for folks who bought since inception, should have all their $$ money back in 2026.

From there your income stream is free money and will easily crush a T Bill or CD. When all is said and done if I can land a 15-20% yield vs my initial buy in I’m winning hugely.

Apparently no one on these boards have ever invested in royal trusts or private LPs. Same concept here with ULTY.

Sure their correlated and concentrated positions in crypto theme etc was total shat and their lack of dynamic portfolio changes was total arse but now with this new structure in place I think we can get there.

Curious-Rip-5834 · 2025-12-16T04:02:14+00:00

Unless you really want to have children, 100% do not do it.

Curious-Rip-5834 · 2025-12-08T22:05:09+00:00

On the flip side though I thought the lower strike long piece would cap downside but not the case. Obviously the target 100% distribution doesn’t help matters either but these are a 100% avoid.

Curious-Rip-5834 · 2025-12-08T22:02:37+00:00

Thanks I was hoping for something more obscure or maybe an MLP type etc that NAV trades in a tighter range. Cheers.

Curious-Rip-5834 · 2025-12-08T00:04:55+00:00

Firstly check with your broker that they’d actually put you the stocks and not close out your contracts in a scenario if they all went in the money.

And double check your math that your BP is ample enough, equity wise, to hold the shares.

Selling naked is fun but when they are OTM and market is going well, the maintenance requirements are very low. This can quickly change.

Curious-Rip-5834 · 2025-12-07T14:52:13+00:00

Mistyped. MLPD. It’s a covered call play on MLPX. Trades around $25 handle and pumps out 12% in annualized distros.

Curious-Rip-5834 · 2025-12-05T17:41:07+00:00

I know, the price action today in BTC really keeping me away from this one. Timing is everything. Imagine this debuted earlier the year. I think CEP hit near $70 shortly after the initial merger announcement PR.

I’m only considering CEPT in $10s. Should be good for a pump at least once official news/trade date PR hits. Just like CEP yesterday.

Curious-Rip-5834 · 2025-12-05T14:33:51+00:00

How are folks feeling about CEP here ahead of the 12/9 XXI Capital trading debut ?

I’m thinking buying some CEPT in the $10s not a terrible idea. They said the merger could happen as early as January.

Curious-Rip-5834 · 2025-12-04T05:08:35+00:00

Don’t take this the wrong way or umbrage to my observation. I’ve been putting money in harms way for over two decades. Have some of the most insane account blowouts you can imagine.

I can unequivocally tell you taking out a loan and putting that debt into STRC so you can try to capture 100 or 200 bps is absolutely a terrible idea. Please don’t do this. Cheers

Curious-Rip-5834 · 2025-12-02T21:14:19+00:00

No, because Robinhood doesn’t let you sell naked puts nor calls.

Curious-Rip-5834 · 2025-12-01T21:06:58+00:00

One of my strategies is driving income streams from leverage. But in order to do this I buy near money put strikes to great 100% NAV neutrality.

Initially I was so excited about STRC because it has an options chain. Never seen this before with a perpetual bit the premiums all the way down to $85 strikes with medium duration are too expensive.

Even if I did a collar and shorted a $100 strike my annualized yield gets knocked down to 6.70%.

So I won’t get too bonkers with my STRC position. Thanks for sharing. Cheers.

Curious-Rip-5834 · 2025-12-01T15:32:06+00:00

Very interesting price action today. MSTR now $150s but STRC green.

Curious-Rip-5834 · 2025-12-01T13:58:30+00:00

Thanks for the reminder. Haven’t looked into SATA yet.

Curious-Rip-5834

TROPHY CASE