Well $2 div a month and it adjusts from $22 to $20....$4 a month then $22 to $18...if you want the div you are going to have to eat it anyway lol. The snapback may or may not happen...but on the bright side, a portion of the drop is ROC so you will pay less tax at the end of the day. The name of this game isn't capital gains, its income and NAV.
Big mistake... I jumped in too early, thinking I was buying cheap, now 10% lower. Now I'm m stuck until MSRT and BTC rise again.
The overnight move lower in msty price is due to the ex-dividend behavior, you will get the dividend on Friday and if bitcoin and mstr goes up in the next 2 days, there will be price recovery in msty, if bitcoin and mstr go down... msty will go down as well
Do you not understand that price is adjusted down the amount of the dividend each time? If you bought in now you would not be getting the dividend so same difference.
Anybody checking out MSTW? Roundhills weekly MSTR etf...Aug1 first declaration. https://www.roundhillinvestments.com/etf/mstw/
I sold msty and bought ulty ulty is better for income as it's a weekly dividend. I want to double or ultimately triple the position, funds permitting, this would be the perfect income stream if bitcoin starts to go up a lot, I might switch back to msty again
Barely and compare the charts...ULTY looks like a race to the bottom...no bounce when market recovers.