This isn't something I'd usually jump into (not anymore) but I also don't intend to hold on to it for more than a few months, assuming these are monthly dividend payments.
Yes, during the mstr "bear market" of Jan-Mar, I actually ended up losing all my gains as I sold all my 8900 msty shares when it was $21sh missing out on 3 dividend payments now can imagine my pain today... btw, for options experts, can do the YieldMax methods manually and may even do better than msty, I had to sell all my msty shares as I had tax obligations from last year You don't have to buy and hold, you can time it during the month, but of course there may be wash sale rules and tax implications if you bought yesterday, you would get the dividend on Friday, but because you bought today you now have to wait a full month to get the next dividend
I do not need to earn msty monthly dividends as long as bitcoin goes up 4% every day, it's not much to ask, is it?
Found the msty quant investor Conservative 7.5% will grow $10k to $320k in 4 years, collect >$23k/mo and retire from McDonalds job
Mstr going down and volatility of mstr going down as well, it happened Jan to Apr, msty hit $17/sh while the dividend was the lowest, check my previous post with the dividend history But if holding through that period, come out ahead for sure, when mstr goes back into a bull market price action PS found this Twitter post just now
"Plow the ~10% monthly yield straight back in and let your stack balloon 30–100× over four years. History shows the price possibly drifts back to today’s range, so just farm the payouts and let compounding work Not to hurt anybody's feeling, but this is what a ponzi runner would say.
YieldMax actions are published, on tsla tsly, nvda nvdy, pltr plty and mstr msty selling covered calls, naked puts, call spreads, and other options strategies to generate income but limited downside and upside are not blackbox There are many books out there Anyone can do it themselves and not pay YieldMax nor suspect them of ponzi (Pek, heh) activities I personally cannot do it since I'm math-challenged, requires higher math skills and calculus level education