msty thread - YieldMax etf product

Discussion in 'Crypto Assets' started by johnarb, May 16, 2025 at 6:23 AM.

  1. demoncore

    demoncore


    Ironically, there is a benefit in buying the MSTY synthetic but zero in MSTR. Other that paper driven kickbacks from comms. Soft dollar comp as well I assume (as you state). ofc they could be replicating D1 in some other structure which isn't fungible (D1 = stock long = long call, short put at x).
     
    johnarb likes this.
  2. It was hyperbole...but what are you talking about? You do realize you are getting the dividend based on # of shares not value of shares right? The dividend is dependent on the premium they receive...if in a downturn they may dip into the NAV to boost the dividend. It declined during the downturn the last few months because you aren't getting the same premiums on calls, but it's already increasing again. :)
     
    johnarb likes this.
  3. I don't think you are grasping the concept...this is generating money regardless of the stock price. With your examples it is only a gain if you sell for a profit, and then what? With high yield dividends you earn constantly.

    I'm starting to sense sour grapes here on all the money you have missed out on...don't become another @orbit23
     
    johnarb likes this.
  4. johnarb

    johnarb

    In the video they explain that they are making adjustments constantly, they talked about buying calls ootm, and even as the mstr does not reach the strike price, the movement in the stock is beneficial to their trades when they close

    Some of their recent changes in strategy as feedback from their customers is that they are being more aggressive to being in positions that benefit if mstr goes up a lot
     
  5. johnarb

    johnarb

    Don't forget the 130% in dividends as you still collect every month going forward, your capital and then some is already in your bank

    You should pick the high msty hit $46 in November as mstr hit ath as well

    There is a reason this thread is msty as it's the best of the best :D
     
  6. Pekelo

    Pekelo

    I got confused there for a while. So if the ETF is dropping that is incentivizing me to dollar cost average aka invest the dividends. Nice.
     
  7. Pekelo

    Pekelo

    No, I picked the last 12 months and MSTY is down 32 to 23. The dividens were 29 bucks, so total return 32 to 52. But MSTR went up from 150 to 403.

    So 65% return on MSTY vs. 160% on MSTR.
     
    johnarb likes this.
  8. demoncore

    demoncore


    You're a fucking idiot. The difference between the discounted synthetic and the long natural shares is the poaching of the NAV, you ca-cuck.
     
    johnarb likes this.
  9. demoncore

    demoncore


    I have a ssheet that says you're a moron. What good is this when you don't know how to calculate the carry?
     
    johnarb likes this.
  10. Come on D...the poaching of the NAV is essential to maintain the dividend and is actually an integral part of why it works...otherwise they would be dependent on profits alone which is un-sustainable. I will gladly take NAV from my position and have it recover over time versus selling off shares and reducing my payout.
     
    Last edited: May 16, 2025 at 1:59 PM