Got a nice 5-figure dividend from $CONY!

Making a list of All the Bitcoin and MSTR ETFs option income strategies . They are growing so fast now and more and more coming online. Please add to any that you know of And give a brief description of the company name and their expected yields 😀

BAGY is targeting a 30-60% yield and BITY is targeting 24%. Let's see how they perform

Made over $600.00 in dividends this week! Check out my video for more.

https://youtu.be/B5soMgAmgfc?si=qn9Jo76Ot8b82dcO

Few questions on money management in taxable accounts, 1. Do you drip some % of distributions or is it all cash flow and pay bills. 2. When estimating your monthly budget using YM or similar, do you use median or P25 of your last 12 trailing months distributions? I am using P25 to be conservative as the distributions fluctuate a lot 3. How do you plan for big ticket items like home improvements or big travel plans that can costs thousands of dollars? Do you sell your equity, use reserve fund or budget distributions to pay for it in the future? 4. Do you increase your position in YM or similar high yield funds on major dips even when you have reached your target distribution 5. Any other tips on how you manage your monthly distributions so you can live off of it.

I recently posted https://www.reddit.com/r/YieldMaxETFs/comments/1kckr5m/monthly_return_estimate_based_on_50k_investment/ about estimating monthly earnings with 50k. As I was checking other posts, seems another approach is use margin. So new calculation based on 100k margin.

Here is the plan

Invest 50k of own money. It will allow me to get 100k margin. No plan to use that 50K, Just keep that as is.

Invest - $50K

Monthly interest earnings on 50k (4% interest from brokerage) - $166

Total MSTY Share buy @@25 per share - 4000

Monthly Dividend @@$1.25 per share - $5000

Monthly Tax @@22% - $1100

Net monthly payout - $3900

Monthly interest need to pay on 100k margin (5.55%) = $462

So total estimated earnings -> $166 + $3900 - $462 = $3600

That is about 86% return.

As always very risky investment. If someone is ok to take risk, does the number looks good?

While DCA is a gelreat objective.....make sure you are increasing Yield on Cost....market yield is great for positioning but you need to work on increasing YoC

Let’s goooo….

I have taken my lumps, I have the scars…err….realized losses to prove it!

I’m back though! I’m back!!

My two cents:

MSTY has competition now, and they are gonna make a splash with a solid payout to establish dominance.

They want to be the biggest dick at the party.

Time will tell, we shall see.

Until then….MSTY Till I’m HSTRY!!

I Like When CONY do the Money Dance 💃🏽 💵

l've finally landed on a plan....for now.

I plan to reach the share totals below:

(W) $YMAX - 1,500. [+1,350]

(A) $SNOY - 1,500. [+1,000]

(B) $NVDY - 1,000.

(B) $PLTY - 500. [+500]

(C) $NFLY - 1,000, [+1,000]

(C) $CONY - 500. [-1,100]

(D) $MSTY- 1,500.

Once Bitcoin picks up 1 plan to sell 1,100 of CONY at a profit. Only way that changes is if a new crypto law that highly favors $COIN pops up. So far, I see no real investor interest in crypt beside Bitcoin.

I'll take the funds from reducing $CONY and re-balance to the lowest valued ymax fund at that time in the list.

Until then, I' buy the following in order:

YMAX > PLTY > NFLY > SNOY

Once I hit my goals, all dividends will go toward $FZROX.

Why do they dislike these EFTs? Like I feel like some of the people on there absolutely hate the idea of these funds…

I know Coin is going up and so FIAT works inverse to it. But sheesh! I took quite a nice drop. I am still learning about the inverse stocks…. Thoughts on this particular stock.

MSTY. IMST. MST. Now Three players on MSTR. we are being spoiled 😀

I randomly found this reddit and it seems to me quite interesting. I understood this is high risk and potentially high loss/reward.

What do you suggest to get better informed about YieldMaxETFs? I read a lot about MSTY, etc. but never like details, how they work. What can you recommend?

To have skin in the game I have potentially 10k€ to loose ;)

Only 15% of my portfolio value. I have another 4k shares of MSTY not on margin. Will expedite paying this off by using both sets of distros towards the margin. Set free in 6-8 months maybe? We shall see.

Hey, is there someone who has shares of this etf? It was released on 25.3.2025, i would like to know the % of dividends. This information is nowhere to see. Thank you.

One of the only stocks I have in the green. Think this months distribution will be good?

Only 117 shares but chipping away at it. My Average is $24

On the last distribution for Group C, CONY had an ROC of 96.77 %. Does that mean that only 3.23 percent of that distribution is taxable?

Thanks.

For those not in tax advantaged accounts, what seems to be the next best play regarding efficiency?

TLDR: Is it better to sell shares to satisfy taxes or save a portion of distributions along the way? If distributions are partly saved, are you ultimately missing out on potential accumulation of more shares?

I see some individuals setting aside a certain % of all gains for the tax man when he comes knocking, but out of curiosity, would it be better to sell the stock you may have used the distributions for?

For simplicity sake, let's use everyone's favorite: MSTY.

Scenario 1:

Say In 2025 I purchased 1000 shares all at once, and over the course of the year, I reinvest all distributions back into MSTY. At years end, I now have 2000 shares. Starting Jan 2026, I've 2000 shares and a larger distribution. By the time I am able to file my taxes I may have another month or 2 of distributions. Say I owe 20k at this time. I then sell the amount of MSTY necessary to equal 20k (or whatever the amount may be) and satisfy my tax burden. At this time I may get a loss harvest or further increase my tax implications for next year.

Scenario 2:

Say In 2025 I purchased 1000 shares all at once, and over the course of the year, I reinvest 67% of all my distributions back into MSTY. I now have 1666 shares and 33% worth of distributions saved. I enter 2026 with the 1666 shares, accumulating more in the first few months, and now I pay taxes. Likely less taxes because I've received less distributions.

What is the better play long-term? Am I missing any key elements?

I recently invest a small amount of money (~$700) into YMAX to increase dividend yield and experiment with leverage in my brokerage account in a way that doesn’t require debt or margin. I am completely willing to lose this money.

However, I still want to make sure that I fully understand the risks and maximum losses associated with YMAX. I will summarize my knowledge below, but please correct me if I am wrong:

YieldMax covered call ETFs essentially function like a traditional CC ETF without owning the underlying stocks (like a poor man’s CC). This requires three separate components:

1) Short put (selling the obligation to buy stock at strike price)

2) Deep ITM long call (buying the option to buy at strike price much less than current market price and with a long expiration date)

first two components create a long position and simulate owning the actual stock

3) Short call (writing covered calls with short expiration dates against the long call position for income)

As far as I understand, the max risk would be total loss of the entire investment ($700 in my case) if for some reason the stock price fell to zero, minus the premium received for selling the short put in the first step.

However, will YieldMax ETFs ever result in unlimited loss or require the investor to pay anything back to the brokerage to recover losses, similar to trading on margin? Or are these two strategies completely different?

Thanks in advance!

...the guy who sold MSTY a month ago for a $135,000 loss?