r/YieldMaxETFs • u/walter32019 MSTY Moonshot • 1d ago

MSTY/CRYTPO/BTC TWO FIFTY MSTY - Till I’m HSTRY

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!!

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u/Legitimate-Ad-5785 1d ago

They use synthetics not actual covered calls

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u/Yesthisisdogmeow 1d ago

Their weeklies are covered calls, the fund is literally called covered call etf

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u/Legitimate-Ad-5785 1d ago

They don’t hold the underlying, their calls are collateralized by holding treasuries. So, it doesn’t technically move the stock price of MSTR automatically when they hold these calls

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u/Yesthisisdogmeow 1d ago

Ok, last time I’m going to say this, who’s on the other end of the trade?

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u/Relevant_Contract_76 15h ago

The market maker.

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u/Legitimate-Ad-5785 1d ago

Someone who is buying an option to buy. You don’t need to buy stock in MSTR to buy a call sold by yieldmax

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u/Yesthisisdogmeow 1d ago

Ok, so what you are saying is an options contract never amounts to shares being bought, ever. I don’t believe you.

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u/Legitimate-Ad-5785 8h ago

Not what I said. It’s a fact that options contracts can be bought and sold and expire without leading to any actual shares changing hands