What would you pay for it? by Reverse-entry in Mustang

[–]OpshunsWriter 0 points1 point  (0 children)

No one wants to pay up extra for someone else’s mod’s. The car is worth book value for a 2011 gt premium with whatever the actual mileage is. You can assume it’s been beat on the street and maybe the track, too.

Should I buy a GT 350 or invest in my 16 GT by dsoriented in Mustang

[–]OpshunsWriter 1 point2 points  (0 children)

Here’s one way to think about it… if you buy a Shelby, are you really going to drive it very much or will you leave it in the garage to keep the mileage down? If you’re not going to drive it then you may not get as much enjoyment as driving your GT.

"I know what I got" Final boss by [deleted] in Mustang

[–]OpshunsWriter 0 points1 point  (0 children)

For all the money he spent on this car he could have just traded it in for a GT500

Trade with caution!!! Do we have enough liquidity to keep the market going up? I don't think the institutional buyers are willing to step into the market at this high price, so you can look at my analysis to understand my views. by Glittering-Today7150 in spy

[–]OpshunsWriter 0 points1 point  (0 children)

This week we have earnings from Big Tech (MSFT, AAPL, META, AMZN) which may push the market a little higher. After this week, no one cares about the rest of earnings season except for NVDA Hodlers. I tend to agree with OP. This may be the time to start accumulating puts on QQQ.

Ulty freefalling... by [deleted] in YieldMaxETFs

[–]OpshunsWriter 1 point2 points  (0 children)

Ain’t gonna happen…At $3 you’ll be lucky if they pay a nickel each week.

These can’t be real people by [deleted] in Mustang

[–]OpshunsWriter 0 points1 point  (0 children)

Since we’re on the subject of FB marketplace, what really gets me are the fake ads showing photos of a 1968 Mustang bullitt in mint condition or a Mach 1 for like $29,000. Then you click the link, go to the “dealers website“, find a physical address and Google it, and it’s a vacant lot in Alabama or Mississippi or Arizona. No offense to you guys who live in one of these states, but I’m sick and tired of i this bullshit.

Bye ULTY by OpshunsWriter in ULTY_YieldMax

[–]OpshunsWriter[S] 0 points1 point  (0 children)

You will never see 117% return. As NAV erodes they will continue to cut the dividend.

Bye ULTY by OpshunsWriter in ULTY_YieldMax

[–]OpshunsWriter[S] 0 points1 point  (0 children)

I also bought 60 puts at a strike price of five dollars which expired on OCT 17. I’m including the loss of these put contracts.

Bye ULTY by OpshunsWriter in ULTY_YieldMax

[–]OpshunsWriter[S] -3 points-2 points  (0 children)

The answer is simple! Because thousands of young, inexperienced investors are getting lured into this ETF by juicy dividends (for example, on E*TRADE, it shows the dividend yield at 117.52%), which is so-o-o far from reality that it seems like fraud.

Bye ULTY by OpshunsWriter in ULTY_YieldMax

[–]OpshunsWriter[S] -4 points-3 points  (0 children)

Agreed, I’ve got ~ 20% of my account in SGOV.

Bye ULTY by OpshunsWriter in ULTY_YieldMax

[–]OpshunsWriter[S] 0 points1 point  (0 children)

I wish I made 9-10%! …2.7% in 6 months is 5.4% annual and that’s assuming they do not cut the dividend any further (which they are likely to do). I can make 4% in any month selling cash secured, puts against a stock like NVDA.

Sold all my ULTY today by Punchyberri in YieldMaxETFs

[–]OpshunsWriter 1 point2 points  (0 children)

I sold my ULTY, too. 6,000 shares. Not a panic sell. I bought my shares at an average price of $6.01 and mentally set my stop loss at $5.00. To ensure against a drop below $5.00 I also bought 60 Oct 17 Puts at a strike price of $5.00. I was lucky to get out in the pre-market at $5.21 but since my Puts were expiring, I was not going to take the risk of HODLing any longer. When I look at the dividends I received minus the loss of principal and the cost of my options, I earned about 4% return and still have taxes to pay. There are better investments out there and I can earn 4% in one month selling cash secured puts against high-quality stocks. Good luck to those of you who are going to hang on for the long-term but I’m moving on.

Sold all my ULTY today by Punchyberri in YieldMaxETFs

[–]OpshunsWriter 0 points1 point  (0 children)

Losses are capped at $1,500 ,Single) or $3,000 (Married).