This is from their website.
"The funds do not invest directly in the underlying stock or ETF."
"Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying stock or ETF over the Call Period. This means that if the underlying stock or ETF experiences an increase in value above the strike price of the sold call options during a Call Period, the Fund will likely not experience that increase to the same extent and may significantly underperform the underlying stock or ETF over the Call Period. Additionally, because the Fund is limited in the degree to which it will participate in increases in value experienced by the underlying stock or ETF over each Call Period, but has full exposure to any decreases in value experienced by the underlying stock or ETF over the Call Period, the NAV of the Fund may decrease over any given time period."
What is the strategy behind the YieldMax™ ETFs?
Each YieldMax™ ETF employs an actively managed options-based strategy. The predominant driver of potential income for this strategy comes from the selling of short-term options.
From the FAQ it looks like mostly bonds and notes.
https://www.yieldmaxetfs.com/our-etfs/tsly/
So basically capped upside with unlimited downside risk. I think they are employing my Hulk strategy where you sell atm puts, and atm calls regardless of your NAV...a pure premium grab. I have posted back test results previously for MARA and IWM. It did prove to be a profitable strategy over the last year.
UMAX does something similar. Lol and I came up with this strategy one Sunday afternoon in my boxers...I wonder how many financial degrees it took for these funds?
Anybody holding these have any feedback?
Here is NFLX and NFLY. NFLX is up trending and NSLY is down trending.
"The funds do not invest directly in the underlying stock or ETF."
"Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying stock or ETF over the Call Period. This means that if the underlying stock or ETF experiences an increase in value above the strike price of the sold call options during a Call Period, the Fund will likely not experience that increase to the same extent and may significantly underperform the underlying stock or ETF over the Call Period. Additionally, because the Fund is limited in the degree to which it will participate in increases in value experienced by the underlying stock or ETF over each Call Period, but has full exposure to any decreases in value experienced by the underlying stock or ETF over the Call Period, the NAV of the Fund may decrease over any given time period."
What is the strategy behind the YieldMax™ ETFs?
Each YieldMax™ ETF employs an actively managed options-based strategy. The predominant driver of potential income for this strategy comes from the selling of short-term options.
From the FAQ it looks like mostly bonds and notes.
https://www.yieldmaxetfs.com/our-etfs/tsly/
So basically capped upside with unlimited downside risk. I think they are employing my Hulk strategy where you sell atm puts, and atm calls regardless of your NAV...a pure premium grab. I have posted back test results previously for MARA and IWM. It did prove to be a profitable strategy over the last year.
UMAX does something similar. Lol and I came up with this strategy one Sunday afternoon in my boxers...I wonder how many financial degrees it took for these funds?
Anybody holding these have any feedback?
Here is NFLX and NFLY. NFLX is up trending and NSLY is down trending.
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