Bito dividend

S2007S said:
I bought in early January and have received so far 8 dividend payouts . Only have 100 shares as I wanted to just see how these etfs played out.

So I collected so far a total of
$6.42 worth of dividends. I paid around $19.75 for shares which are currently at $12.40.
So if you figure in the dividends I'm at
13.33 so even thought it's down with all my dividend payouts I'm only down around a buck on the overall investment. I plan to hold it and see what happens over the next few yrs. I would buy into the other ones on any major dip. If the markets sell off more than 30% and these take a hit it could be a good long term investment..however I would not buy 100k worth unless you have a few million to spare. I only bought a small amount to just watch and see how it performs.
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A dividend cut would be catastrophic.
 
deaddog said:
A dividend cut would be catastrophic.
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It would be but so far it hasn't happened.
That's why I only went in for a small amount of shares.

Tesla stock actually got hit a few times and so far the dividends have been still paying out strongly.
 
I've followed these call writing ETFs for a while now and the best total return is on securities that have intraday volatility but not long term volatility. That way you collect huge premium decays on calls but you don't get large NAV decay.

Coinbase & Micro Strategy seem to have the highest payouts but there is massive NAV decay since there is too much volatility. When it goes they can have huge monthly dividends of like 10%.

Spot monthly Div Yield NAV decay
MSTY 9.8 7.9 8.7 8.5 7.6 8.5 NAV -52%
CONY 9.7 9.2 7 7.5 6.2 7.8 NAV -58%

TSLA volatility has collapsed. I'm not sure when it will return. TSLY monthly dividends are like 4-5% now.

CONY & MSTY volatility will decay if Bitcoin collapses. I'm surprised someone doesn't try to write calls on MARA. That thing is pretty volatile.
 
nitrene said:
I've followed these call writing ETFs for a while now and the best total return is on securities that have intraday volatility but not long term volatility. That way you collect huge premium decays on calls but you don't get large NAV decay.

Coinbase & Micro Strategy seem to have the highest payouts but there is massive NAV decay since there is too much volatility. When it goes they can have huge monthly dividends of like 10%.

Spot monthly Div Yield NAV decay
MSTY 9.8 7.9 8.7 8.5 7.6 8.5 NAV -52%
CONY 9.7 9.2 7 7.5 6.2 7.8 NAV -58%

TSLA volatility has collapsed. I'm not sure when it will return. TSLY monthly dividends are like 4-5% now.

CONY & MSTY volatility will decay if Bitcoin collapses. I'm surprised someone doesn't try to write calls on MARA. That thing is pretty volatile.
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At the rate bitcoin is falling I'm shocked MSTR is still above $100

MSTR is worth no more than 10 bucks

MSTY will be under 10 by 2025!
 
johnarb said:
I know, from $90? Did you add at $150?

Might consider using MSTX for additional leverage, less margin capital required?

I'm long MSTR call options leaps, expires 12/2025
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From 96 post split of course ...I never added at 150 which I said I would have.

I'm looking at MSTX but would want to wait.until it.comes back to 25-28 to short which at this point.i don't see happening.


Long MSTR call options??

At what 120? 130? 150?
Why bullish?
 
S2007S said:
From 96 post split of course ...I never added at 150 which I said I would have.

I'm looking at MSTX but would want to wait.until it.comes back to 25-28 to short which at this point.i don't see happening.


Long MSTR call options??

At what 120? 130? 150?
Why bullish?
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MSTR was around $1770'sh when I purchased the MSTR call options

I'm bullish as it's a bitcoin bull market until end of the year after halving 2017 (2016 halving), 2021 (2020 halving), 2025 (2024 halving)


https://www.elitetrader.com/et/thre...r-asymmetric-risk-reward.379915/#post-5981373
 
S2007S said:
I bought in early January and have received so far 8 dividend payouts . Only have 100 shares as I wanted to just see how these etfs played out.

So I collected so far a total of
$6.42 worth of dividends. I paid around $19.75 for shares which are currently at $12.40.
So if you figure in the dividends I'm at
13.33 so even thought it's down with all my dividend payouts I'm only down around a buck on the overall investment. I plan to hold it and see what happens over the next few yrs. I would buy into the other ones on any major dip. If the markets sell off more than 30% and these take a hit it could be a good long term investment..however I would not buy 100k worth unless you have a few million to spare. I only bought a small amount to just watch and see how it performs.
More...


TSLY price seems to track TSLA price, but shouldn't it perform better in a TSLA downtrend, and worse in an uptrend since they are selling call options and capping gains?

I would be a buyer at these levels if I was sure it will track up with a TSLA recovery as it did in July 2023/2024...but if this is being propped up by distributing investment capital not profits, then NAV erosion is definitely going to take its toll. I know because I am living it right now :) As your capital drops, you can sell less calls and make less premium, coupled with you will be receiving less premium, and even giving premium back if selling farther otm below your cost...and then when price does rally your gains are capped...its a downward spiral.

upload_2024-9-8_5-26-35.png



And shoudn't regular basket etf's with a dividend run into the same problems over time? Or do they payout less than the expected CAGR and therefore stay ahead of the rate of distribution...plus fees.
 
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