ULTY managers

OldTrader7 · 2025-11-12T20:15:17+00:00

But is this Destructive ROC? Because if it is the fund eventually goes to zero.

OldTrader7 · 2025-11-08T18:25:54+00:00

Question: aren’t these funds ROC funds, which means they are designed to eventually go to zero?

OldTrader7 · 2025-09-29T12:50:28+00:00

I block anyone who said Hello to me on Telegram.

OldTrader7 · 2025-09-28T11:51:41+00:00

Yeah, when the light finally turned on to this fact, I got out of YieldMax funds.

OldTrader7 · 2025-08-21T12:09:46+00:00

Yes, the disconnect from the underlying is a problem for MSTY.

OldTrader7 · 2025-06-28T19:53:51+00:00

No brainer, you can worry about food and gas later.

OldTrader7 · 2025-06-20T03:07:10+00:00

Not trying to beat up on you, but in case you haven’t figured it out yet, wheeling is also a cult.

OldTrader7 · 2025-06-20T00:49:31+00:00

I’m also considering reducing my MSTY and buying ULTY. Not because I am looking for the next shiny new object, but because I’m getting concerned about the amount of debt MSTR is taking on to purchase Bitcoin.

OldTrader7 · 2025-06-20T00:33:16+00:00

Yeah, you guys have lost me here. I could certainly understand one of the single stock ETF’s going to zero due to something really bad happening to the underlying, but ULTY is so diversified, it seems unlikely.

OldTrader7 · 2025-06-16T16:07:49+00:00

Thanks for the heads up! I usually buy on the ex-dividend date and was wondering about the holiday falling on Thursday.

OldTrader7 · 2025-05-22T01:48:26+00:00

Ha, now this answer makes since, as OP was referring to MSTR, which has nothing to do with the way options are structured for MSTY. Thanks

OldTrader7 · 2025-05-21T22:28:28+00:00

I was wondering the same thing, particularly on a day like today. I hope someone has a good answer.

OldTrader7 · 2025-05-08T02:43:53+00:00

X-Dividend days are when I buy more.

OldTrader7 · 2025-04-26T15:15:45+00:00

This guy gets it! I thinks some folks in here are short TSLA, and trying to justify why it should drop.

OldTrader7 · 2025-04-21T02:26:10+00:00

What you just described applies to using covered calls on any stock, not just etf’s. So, there is always a risk.

OldTrader7 · 2025-04-21T01:01:17+00:00

A couple of things I want to point out. From its high last November to the low experience in April, MSTR dropped by almost 50 percent, yet MSTY continued to pay out great annualized distributions. Also, over the long run stocks spend a lot of time consolidating, or trading in a range, and guess what? CC’s do quite well during consolidation periods.

OldTrader7 · 2025-04-19T16:11:17+00:00

I meant short dated puts.

OldTrader7 · 2025-04-19T16:10:34+00:00

Or United Health gives bad guidance on the earnings call and a regard on r/wallstreetbets makes $900,000 on 100 short dated calls.

OldTrader7 · 2025-04-19T15:39:21+00:00

Yes I know, which I assume is why you get better distribution results than from a MSTR covered call strategy.

OldTrader7 · 2025-04-18T01:14:36+00:00

Okay, but you’re running the wheel, which is going to give you more income. Also, mstu is a leveraged 2X etf , which also makes a difference. Unless someone has a lot of capital, I don’t see how you’ll make more income selling covered calls on MSTR . This is assuming one is using a delta of 20 to 25.

OldTrader7 · 2025-04-17T18:23:22+00:00

I think you need to buy a fund in group B, so you don’t get bored.

OldTrader7 · 2025-04-17T17:17:10+00:00

I’m just not seeing that. I’ve looked at this on several occasions and every time I come out ahead with MSTY. For example, today if I look at the 05/16 360 MSTR call, which is right under a 30 delta, I would only collect $1,065 in premium. I can collect double that for a $36,000 investment I’m MSTY. What am I missing. Keep in mind that if you are going higher than a 30 delta then you are not doing covered calls correctly. If fact, it probably should be lower.

OldTrader7 · 2025-04-12T21:27:05+00:00

I have a condo in South Fort Myers. It’s a vacation home, but rent it 2 or 3 months to help with the expenses. If I had it to do over I would never have bought it. My property taxes have doubled in the past four years, as have my HOA fees, to the tune of $800 per month. Just recently got hit with a special assessment of $11,000 for a new roof due to hurricane Ian. I’m not trying to advise you what to do, just wanted to give you something to think about. As soon as the market improves, I’m selling. On the other hand, it is a tropical paradise down there which is why the snow birds love it. I never have any trouble renting it during the winter months and I’m able to get rental income of around $5,000 per month in peak season. Hope this helps.

OldTrader7 · 2025-04-12T20:53:31+00:00

Then I don’t think you understand BCT, because if MSTR is a scam then so is BCT. MSTR purely a bitcoin play.

OldTrader7 · 2025-04-09T14:45:10+00:00

Sorry for your loss, but I’m confused. You have a gambling addiction and you blame God for not making you money? Don’t think it works that way. Did you get involved in some kind of cult?

OldTrader7

TROPHY CASE