YMAG and YMAX

any thoughts?

 

It is too late to short it.

Timing is very critical.

 

YMAG seems OK for investing if you like/need income.
YMAX not as good.

 

If you like these "call writing as dividend" plays, MSTY (MSTR) & CONY (COIN) are the best since they have very high IV. As long as Bitcoin remains volatile and in an uptrend you should also have a pretty good total return as well.

 

thanks @nitrene, I will take a look, especially at CONY

 

There is another thread under the ETFs moniker that covers this topic in more detail:

https://www.elitetrader.com/et/threads/yield-max.381141/