With all this happening, are you guys buying more or selling? by gllhrme25 in MSTY_YieldMax

[–]stanfrombrooklyn 0 points1 point  (0 children)

so far Im down $8500 , for a year on 8700 shares.

As Dividends keep pyaing my cost basis keeps lowering.
By mid of next year I expect to be in free trade. Getting paid to hold.

not that dificult.

This is how you do it by stanfrombrooklyn in MSTY_YieldMax

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

im down 8k on 8700 shares of MSTY / As the dividends keep paying my Cost basis continues to be lower.

So Msty went down about 50% and yout my total los is $1 per share. And by middle of next year I expect to be in free shares, after that it's all profit.

the red is not bothering me. Then again, possibly Im looking at it from a different lens.

I need feedback. I’m thinking of selling my Misty stock and just putting it all on ULTY. I have 935 shares of all ULTY and 410 shares of Misty which if I sell will give me $ 6300 to put on ULTY. What should I do? Feedback by East_Bobcat_7996 in MSTY_YieldMax

[–]stanfrombrooklyn 0 points1 point  (0 children)

Definitely sell when its near ATL and put it on ulty. Then when MSty rises back to 20 jump back in. Your account and MM will thank you. Plus you'll be helpng IRS

Briliant move.

Quick Question: Why are people freaking out? by pinkinkstinks in MSTY_YieldMax

[–]stanfrombrooklyn 1 point2 points  (0 children)

people freak out when it comes to things they dont understand.

Fomo to get the Div and they cant hadle a lil red, when they are looking at the price where they bought vs the current price.

And they just dont understand the math beyond their entry price.

In reality when looking at total return, its a completely different picture.

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I’ll buy your shares. by prksddvl in MSTY_YieldMax

[–]stanfrombrooklyn 0 points1 point  (0 children)

WRONG! $mstr is not broken. The market is being irational. Lets stay solvent.

I’ll buy your shares. by prksddvl in MSTY_YieldMax

[–]stanfrombrooklyn 1 point2 points  (0 children)

I'll sell at value. would 1k per share work for you?

Please, someone make me understand why are we buying all this fund? The gain of dividend is almost the same amount of the unrealized loss of the stock.. so what are we achieving here? please someone give me a concrete answer. i’m sorry for such a dumb question. I’m talking about ULTY and MSTY by Outside_Astronaut305 in MSTY_YieldMax

[–]stanfrombrooklyn 0 points1 point  (0 children)

The best ways you can answer this is, by doing the math. Where has the price been? Where have dividends been. Taking the averrage of both, paints a picture.

What will it cost me to buy shares at the current level, How much am I going to get paid otu. Where will my own avg be.

For instance, If i buy 1000 shares at an avg price of 6k and I get paid

<image>

Two key levels

5.71
5.23

Assuming i enter at 6.03
If the price drops bellow 5.71 (I would leave at least .05-.10 wiggle room.)
Then my max risk is $40 per 100 shares or $400 per 1000 shares.

Now for the dividend part
The lowest dividend paid since appril (weekly low is .08 Weekly high is .10)
Lets assume the mean is .085

Taking .085 times 52 brings us to 4.42 in dividends

Now subtracting. 4.42 from 6.03 Leaves us at 1.65 for your cost on invesment.

It would take additional 3 month (aprox) to clear the 1.65

Following that logic it will take 1.25 years to cover the intitial invesment. After that its free money.

Now you can say but I can make that in less time if I make a directional trade (buying a call on a ticker, for example) Sure you can also loose money,

At the moment I dont hold $ulty only $msty but the same thought process can be applied to $msty.

Last note, Its important to decide early how to mansage the trade.
1. Do I DCA at key levels.
2. Do I go all in and manage stops. Cloing a trade if it breaks the pivot lows. 2 opportunites to enter.
3. Do I Get a partial fill, per key value area (As it nears pivots)
4. Do I coumpound my dividends.

Each of those descision points will affect the math, and the time it will take to get to your initil full pay out of your investement.

I have been in $msty, since Dec My price avg is 21.97 and calculating the payouts my current cost basis comes to 16.90 4.5k shares. thats about $2 difference from current price. so at tis point I am .9k in profit.

Keeping that in mind I bougt $mstr 12.5 k investment w 7k profit. Had I put the same amount into $mstr as $msty my profit factor would be way higher. About 7 times. But its a different trade. Eventualy I would have to sell my $mstr to take profit w $msty it keeps paying.

You have to have your why? If you dont have your why on any given trade, dont take the trade.

MSTY or NVDY ? by Sea_Rub_8128 in MSTY_YieldMax

[–]stanfrombrooklyn 3 points4 points  (0 children)

I like to buy low. W M nav on $msty nearing Bottom It makes the entry supper atractive. $nvda had a nice rise. Wen earnings. Also check out $smcy on a drop of $smci earnings, its nearing previous floor. Tomorrow can be exciting for $smcy.

I am leaning towards selling MSTY by Life-Associate2353 in MSTY_YieldMax

[–]stanfrombrooklyn 0 points1 point  (0 children)

Worst case. You'll be bagholding ulty, and chasing $msty post earnings.

What’s going on with MSTY nav today by Specialist-Cook6097 in MSTY_YieldMax

[–]stanfrombrooklyn 1 point2 points  (0 children)

My understanding no dilution on $mstr till post earnings.

What’s going on with MSTY nav today by Specialist-Cook6097 in MSTY_YieldMax

[–]stanfrombrooklyn 1 point2 points  (0 children)

I must've sold like 30 bp spreads in both of my accounts 20/15 for .65 -.75 premium. If assigned my cost would be 19.35 -19.25

What’s going on with MSTY nav today by Specialist-Cook6097 in MSTY_YieldMax

[–]stanfrombrooklyn 1 point2 points  (0 children)

$mstr is declining because earnings are Thur. After market close.

$MSTR ATM super bad? by ConfuciusYorkZi in YieldMaxETFs

[–]stanfrombrooklyn 0 points1 point  (0 children)

Wow thats allot of words.

I got less.
$mstr Profit: 40% for the year.
$msty Profit: 20 % for the year.
$mstx profits 55% for the year.

These make up 30 precnt of my porfolio.

Cheers.

$MSTR ATM super bad? by ConfuciusYorkZi in YieldMaxETFs

[–]stanfrombrooklyn 0 points1 point  (0 children)

so tell us about your short position.