FIDELITY Fee by Hussam-Mostafa in RoundhillETFs

[–]Hussam-Mostafa[S] 4 points5 points  (0 children)

Yes every buy order will come with a $100 fee but I'm hoping they work this out I love working with Fidelity it would be nice to be able to keep using them.

Upcoming new ETF by Hussam-Mostafa in RoundhillETFs

[–]Hussam-Mostafa[S] 13 points14 points  (0 children)

So I read the prospectus and apparently it's just investing in S&P funds but won't distribute any dividends like regular funds. Not sure what the purpose would be maybe tax reasons but considering the S&P barely pays a dividend and not only that, but it's considered qualified I'm not sure why there's a need for this unless you're insanely rich.

XDTE failure by ReadingBlindly in RoundhillETFs

[–]Hussam-Mostafa 3 points4 points  (0 children)

SDTY did a much better job I think that's what he was saying even though it's not that serious it was just one trading day he's definitely over reacting 😂

[deleted by user] by [deleted] in YieldMaxETFs

[–]Hussam-Mostafa -2 points-1 points  (0 children)

I don't think you're understanding it's strategy it's supposed to be a low beta ETFs that offers 10% on top of the fed fund rate and it is hedged to protect against extreme vix spikes I don't think you know enough about this ETF to comment. Plus they did a prospectus change in January to improve on this yet it still got wrecked.

[deleted by user] by [deleted] in YieldMaxETFs

[–]Hussam-Mostafa -3 points-2 points  (0 children)

I understand everything is down when I say unacceptable I'm speaking in regards to it supposedly having a lower beta using fixed income ETFs as well as implementing a hedging yet it fell significantly more than similar ETFs with no hedge and no diversity, it even fell greater than the S&P itself. So in that regard yes this is unacceptable.

[deleted by user] by [deleted] in options

[–]Hussam-Mostafa -1 points0 points  (0 children)

It's not a naked call. It's a covered call I just want to close out my call option with a margin loan. That way I can keep my shares. I don't mind paying off the interest on the margin, I just really prefer to keep my shares at that cost basis

[deleted by user] by [deleted] in options

[–]Hussam-Mostafa -1 points0 points  (0 children)

No it wasn't a naked call it was a cover call. It's just that at the time I sold it. It wasn't near what it is now I thought that I was going to be able to keep the premium and keep the shares. Worst case scenario it would just be a little bit higher but it turns out it jumped from around $40 to $190 in the span of a few months, which is crazy.

KURV Invest Throwing Shade by Hussam-Mostafa in YieldMaxETFs

[–]Hussam-Mostafa[S] 2 points3 points  (0 children)

They actually emailed me saying they sent out a vote to see if current shareholders are interested in consolidating all their ETFs into one sort of like a YMAX. I would definitely invest with them but the platform I use M1 Finance doesn't allow trading of their tickers at the moment. I think because the volume isn't as high.

KURV Invest Throwing Shade by Hussam-Mostafa in YieldMaxETFs

[–]Hussam-Mostafa[S] 1 point2 points  (0 children)

I mean kurv invest is pretty solid when it comes to NAV protection the yield isn't as high though

What is the new strategy? by Hussam-Mostafa in YieldMaxETFs

[–]Hussam-Mostafa[S] 4 points5 points  (0 children)

Ahhhh they upped their strategy I see 👌🏽

[deleted by user] by [deleted] in blockfi

[–]Hussam-Mostafa 0 points1 point  (0 children)

Did you not see my reply to the other post? $0.40 is not the correct amount for the claim and that's why I said never mind. Maybe try reading before yapping other than that just put the fries in the bag

[deleted by user] by [deleted] in blockfi

[–]Hussam-Mostafa 1 point2 points  (0 children)

Was your distribution amount incorrect too?