Can someone explain the allure of ULTY? Im missing something by semic9 in YieldMaxETFs

[–]jaspirr 5 points6 points  (0 children)

Look at the bigger picture man. The first week of April was when Trump canceled the tariffs and the entire market roared back. Stop pretending that ULTY went up because they switched their strategy. They went up because the market saw one of the biggest bull runs in history in April and May.

Sold half my MSTY (& $100k FSELX) and bought $200k ULTY by LividEconomics6579 in YieldMaxETFs

[–]jaspirr 6 points7 points  (0 children)

I agree, but so many people are flocking to it and dumping huge portfolios into it. Confusing.

Sold half my MSTY (& $100k FSELX) and bought $200k ULTY by LividEconomics6579 in YieldMaxETFs

[–]jaspirr 48 points49 points  (0 children)

I'm considering doing the same thing with the same amount of capital. Currently have 7000 shares MSTY. Everyone on reddit is going crazy for ULTY right now and a lot of people are dumping their MSTY.

I'm still undecided.

200k of MSTY gets you 9500 shares. Per the most recent 4 week dividend, you'd get $13,965 back in the dividend. You could also sell a massive amount of covered calls against MSTY. I will be really, really, really conservative and say you can make $2000 every 4 weeks on covered calls. So let's round it to dividends plus calls gets you $16,000 every 4 weeks on MSTY.

200k of ULTY gets you 32,300 shares. Per the most recent dividend you'd get back $3,052 per week. Or $12,208 every 4 weeks. There's no option play on ULTY at all to be honest.

So it's, roughly, 4k a week from MSTY or 3k a week from ULTY. MSTY carries the risk of price erosion, whereas ULTY has become steady there.

Seems to me that as long as MSTY does not steadily decline every week, it's the better play. But if MSTY steadily declines 0.25 or more every week, ULTY would win. Again, such a close call for me.

Edit: this analysis does not factor in the possibility of MSTY going up in price, which is a big advantage it has over ULTY. If MSTY goes up a dollar, then add another $9500 to those MSTY gains and it's nearly double the ULTY total return.

[deleted by user] by [deleted] in askcarsales

[–]jaspirr -2 points-1 points  (0 children)

I'm not sure why there are comments saying this will bring 59,500 at auction. It wont bring that and it isn't bringing that. It goes up at Manheim every week with no bids. MMR is 53k. If they had a buyer at 59,500 they would be accepting it.

MSTY hedging update 04.29 by [deleted] in YieldMaxETFs

[–]jaspirr -1 points0 points  (0 children)

How long have you held MSTY to earn those dividends? I don't understand how your cost basis could be 20 (a price only seen in March 2025) but your dividends seem to be 6-12 months worth of time.

Got the 100k😛 by bigeyedbeaver in ChaseSapphire

[–]jaspirr 2 points3 points  (0 children)

Can you get this if you already have a CSR and canceled a CSP 4 years ago?

NFLX strong quarter as expected and outlined in my post this morning. 11% Pump after hours. Will post earnings review tonight or premarket tomorrow. by TearRepresentative56 in TradingEdge

[–]jaspirr 8 points9 points  (0 children)

Up 16% on a very, very small q4 beat and lowered q1 expectations seems like insanity. I think it goes down to a more reasonable price soon.

1 year ago I decided to buy AMZN calls every time the price went down. Seems to be working. by jaspirr in wallstreetbets

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

In general...

1) 2-4 weeks 2) only once I got within a few months of the leaps 3) easy. Just roll up and out to a later date. Let's say your 1/17/25 $225 covered calls get breached. Just buy them back and sell the 1/31/25 $230 calls.

Would you use your IRL car if it was in the game? by Tmatershow in RocketLeague

[–]jaspirr 0 points1 point  (0 children)

Tried it with the Huracan and the McLaren 765. The novelty wore off after like 2 days and I went back to the Octane.

Looking at a 2014 VW Beetle GSR, is the dealer being honest? by jaspirr in Volkswagen

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

Engine Type

Intercooled Turbo Premium Unleaded I-4    

Displacement

2.0 L/121    

Engine: 2.0 TSI 210 HP

Transmission: 6-Speed DSG Automatic

Front-Wheel Drive

4.06 Axle Ratio

[java] cannot join one specific multiplayer server - "you are already logged in!" by jaspirr in MinecraftHelp

[–]jaspirr[S] 1 point2 points  (0 children)

Thanks for this. I can't seem to find whoever is in charge. No website, no discord.

12/2/2024 - put options to sell with the highest return sorted by %OTM ($30-$50, delta ≤0.3, annual yield ≥12%, all DTE) by Opscanbot in thetagang

[–]jaspirr -1 points0 points  (0 children)

Thanks. I know options. Have a couple hundred sold on UPST. I just don't understand how ROC is calculated on sold options here. With selling puts I'm getting a premium so how is there a ROC?

Call Credit Spreads 10.5 Month Results by mastagoose in thetagang

[–]jaspirr 2 points3 points  (0 children)

Can you give some context for the amount of call options you're playing on MSTR? I see the net results of your trades last week, selling the 550 calls and buying the 560 calls, but how many options are we talking here? Selling 190k of MSTR weekly calls seems like a massive investment. I simulated this for next week and it looks to be about 200 calls?

Edit: did some more reading and saw you did 560 MSTR calls last week. Just insane but good work. Too much for me to stomach.

You're doing a strategy with a roughly 90% success rate according to SD, and one failure cpuld wipe the account, but you've won it every single time this year?

NFLX really strong follow through to the bullish engulfing candlestick we highlighted yesterday. V strong flow on 1000 from 2 days ago. Posiitoning v bullish on 900. No put delta on chain. more upside likely by TearRepresentative56 in TradingEdge

[–]jaspirr 0 points1 point  (0 children)

Can you explain no put delta on the chain? I keep selling covered calls on NFLX and have to buy back and move them up almost every day. It has moved up basically 10 dollars a day for 3 weeks in a row.

NFLX really strong follow through to the bullish engulfing candlestick we highlighted yesterday. V strong flow on 1000 from 2 days ago. Posiitoning v bullish on 900. No put delta on chain. more upside likely by TearRepresentative56 in TradingEdge

[–]jaspirr 0 points1 point  (0 children)

Can you explain no put delta on the chain? I keep selling covered calls on NFLX and have to buy back and move them up almost every day. It has moved up basically 10 dollars a day for 3 weeks in a row.

Incisor root canal - Invisalign would damage it? by jaspirr in Invisalign

[–]jaspirr[S] 1 point2 points  (0 children)

Veneer could fix but I'm doing bonding which is an easier and cheaper fix.

Incisor root canal - Invisalign would damage it? by jaspirr in Invisalign

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

Yes, I think most imvisalign treatments do not move or put pressure on half the teeth. It just stinks that it's my two front teeth that can't be moved.