YIELDMAX NEW YMAX YMAG WEEKLY PAYOUTS THE GOOD, BAD, AND UGLY
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- Опубликовано: 26 сен 2024
- In this video, we dive deep into the latest updates from YieldMax, focusing on the new YMAX and YMAG weekly payouts. We will explore the good, the bad, and the ugly aspects of these investments, ensuring that you have a well-rounded understanding of what to expect. Are the YMAG payouts worth it? How does the YMAX review hold up against traditional options strategy like call spreads and credit spreads? Join us as we analyze the weekly yield and share valuable insights that could impact your trading decisions. Whether you're a seasoned trader or just starting out, this video is packed with essential information to help you navigate the complexities of yield investing. Don't miss out on our comprehensive breakdown!
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Bruce, thank you for speaking the truth based on your years of option experience! I have been with YM long enough to know that there are better funds to invest in without the drama.
Much thanks i will always tell the truth here no agenda like some of the tubers. i will also never ask for you to donate to support the channel like so many these days. Have a great weekend!
The one positive about YMAX/YMAG paying out weekly is that it should reduce the tourist distribution erosion.
Right. When ex div occurs weekly people won’t pop in and pop out of these funds.
I agree that a higher inception price doesn't stop NAV erosion. It just allows it to drop farther to hold off a reverse split.
exactamundo
Smoke and mirrors!
Basically nothing has changed except our risk has become higher!
I was waiting for this announcement and I’m still not convinced it will work! QDTE&XDTE are really looking good right now.
Bruce needs to consult for YM
I think we were sold a dream. That dream is attainable as long as both parties, including us, do it correctly. Yesterday was the improvement plan but we still have to understand how to play these (when to buy and drip). We were told that there would be risk and if you’re young you should be able to take more risk.. We can’t panic, just like bitcoin trust the process and be patient. This is new, the kinks are being worked out and this space will eventually change the game as we know it.. Don’t take anyone’s word for it just do your research and have conviction.
Well said
Not real thrilled with MSTY getting shifted to the end of the month.
Call spreads are intended to help stabilize the nav to help the nav erosion problem.
Correct and the likely outcome with be a more stabilized NAV with overall lower yields. Its the Ying and Yang. The promotion in on the likely benefit without really admitting that there is a downside effect (lower yields) in general. There is no free lunch. Always a cost. Look at KURV funds they produce in geenral a lower Yield but have more stable NAV. In a down market if that happens you will get NAV reduction regardless. So always be bullish on any income ETF's underlying position..
Will see how they compared to Roundhill...Hope they match or do better for a tug of war having investors investing...more 💰💰💰 to earn...gl to all...ty Bruce
I wish Jay would be more involved. He really understands this stuff well.
Thanks Bruce for clearing that up. I was not sure how that was going to affect the rest of them.
its incredible how you're able to pump out so much detailed and thoughtful content. I don't seem to see anywhere that you mention the other channels you're running?
Much thanks. One channel is nothing to do with financial so i dont promote it here. The other is just starting in the financial space so i will promote as I get content on it.
I actually think it will help because by merely taking longer to reverse split you have more time collecting payouts and more time for downtrends to reverse. Not a solution by any means but it is a better idea than the current 20 price. All else being equal assuming a $1 per month drop in nAv you get 41 months of payouts vs 11. In those 41 theres a greater chance the payout will exceed the drop some months than in 11 months. If that makes any sense
I think a more reasonable price hike would have been $30. Unless you expect a massive underlying drop then $30 is a 50% price hike. That why i think what was not said is way more importantthat what was said to justify such a lofty increase.
ULTY is coming to transition too in the next 30 to 36 dyas...per Jay P
Jay is very knowledgeable but he is ultimately a salesman pacifyng his loyal customers with this ridiculous weekly scheme. I like ROD but he too is a salesman pacifyng his audience giving them a chance to "talk" to Jay. Ultimately you Bruce are the real deal abd im moving away from YM too. Thank you for being real and honest.
Most welcome. And thanks for commenting. Ill be slowing down on my channel covering YM funds til Jay and company include Myself, Khmer and other knowledgable tubers. Just haveing a few fan boys and girls doesnt help the community. Better coverage on the better funds now is my direciton. At least those that play fair and have some diversity.
@@targetedwealthcreation207 Khmer constantly says he doesn't want to interview Jay. IMO that's why Jay has not been on his channel. If anyone is a fan boy of YM it would be Khmer.
You’re giving that pen hell!! lol
yes thanks as always for posting!
AMZY The only one worth owning. It's the only one That recovers after xdiv date. Rather own roundhill XDTE then any yeildmax funds.XDTE is a weekly payer and beating the underlying the sp500 .IMO
Definitely seeing some issues with the spread on CONY today. The long call $10 over the weekly seems too high. Looks like CONY is going to lose the weekly at $160 but make nothing on the $170 long call. I know they are judging their price points based on maintaining the IV but I would like to see a tighter long call.
Thx for the video. Love see a GDXY one soon! ;)
Yes i do owe a GDXY. While I love precioous metals and PM's I'm no fan of GDXY. Poorly executed fund so much better to buy some individual stocks or ETF (GDX) (GDXJ) even the 2X NUGT etc (not for a long term hold on the leveraged ones)itself to capitilize on this super trend over the next number of years.
Where has Brucie been? need some more updates in my life
Soon Doug.
Hey Bruce , are you cutting back on this project and just doing the discord?
See if you can get Jay on your channel and challenge him with hard questions.
Easier complain than done
He has his fanboy he's not interested in knowledable people i think. I think the best apporach would be Khmer and a few others not his fanboy involved.
You will understand better after reading my history on the subject and reply toother message.
Good one Bruce, but let me know your other channels, im not 100 in ym funds.
Hey Bruce! Love the videos and a subscriber. Just wanted to know when there will be some new CONY and MSTY updates?
I hate this! I was getting all my distributions all at once now I have to be wondering all month long how much I’m gonna get. Uuugg😡
R.O.D has an interview with a Dave Mazza Roundhill Oct 4th at 3pm.
I’ve a feeling we will get news on some weekly single stock ETFs 🤞
@@kevbutler81 Looks like that's in October.
I made moves yesterday to lower my exposure to Yieldmax and Defiance by selling out of YMAX,ULTY,AMZY,and SPYT.
I kept MSTY, CONY, NVDY, and YBIT,but I'll evenyually cut that down to two once I earned my capital back through distributions.I wont be adding any new money into these.I'll stick with QDTE and AIPI.
You didn’t really cut your exposure. You sold some of their most stable offerings and kept the riskier funds
@@keithcring8011 yes,I kept their most risky funds,but now I have less money in those funds and less ETF's in general.
Im a crypto person,so I prefer and understand crypto and what Im getting into
I'm in MSTY, CONY, and QDTE primarily. CONY I'm riding down until I hit the break even point, then I'll take a look at my options and decide sell or keep. I put all CONY divs into QDTE and if I sell CONY thats where the money will go. MSTY I keep buying and use all it's divs to buy more and will continue to buy as much as possible until it dips below a buck a month divs. I'll keep MSTY until it gets down to 55-60 cent divs or 16 a share then it will be time to look close and probably dump it and put it into QDTE and/or XTDE if they are still doing what they're doing. Putting money into AMZY may be a good option at that time too. We'll see what we see.
SPYT is actually a stable fund. They own shares of IVV and they’ve been using credit spreads.
@@joannapatterson4625 I know they are,but they are a Defiance fund that are advised by Yieldmax and I wanted to decrease my exposure to Jay's team.I only hold 4 Yieldmax funds now,one for every week.I Kept Rex shares and QDTE.With the bulk of my cash sitting in SPYI now. I do like SPYT though and agree with you.
The reason ULTY is linked with YMAX and YMAG on the 9/18/2024 dec date is because it was already scheduled for that date. Beginning the week of 9/25/2024 YMAX and YMAG begin their weekly distribution. ULTY stays on it's monthly schedule which coincides with Group C. I'm not sure why that confused you. I think this brings awesome opportunity for dividend income.
I was focused on the other main points I brought up on the video. I'm not perfect? Are you? I do appreciate you pointing it out but please be civil whgen responding.
Interested in your other channels, what are they and where can I find them?
🎉I hope you don’t block me for expressing my opinions since I’ve subscribed and listened to yours commentaries. Instead of complaining- Why don’t you take the initiative of inviting the 20% Option Experts onto your platform to have a chat session with Mr. Jay? So we 80% don’t have to go “study it”! Isn’t that why the majority of us subscribed to your channel, so we can learn from your knowledge?
You say you’re going to call Mr. Jay on the floor but it easier said than done once he’s taken time out of his very busy to talk to you, I heard ROD complained about YMAG and YMAX and thought it was stupid but none of those sentiments were reflected in his chat with Jay yesterday. We, 80%, await your invites to other experts onto your platform so we can study and get educated on the data for ourselves. Thank you! 🎉 Be blessed
I never would block anyone on my channel for their honest thoughts. And thanks you for expressing yours. The issue with Jay honestly IMHO is he sees ROD and another he mentioned as his go to RUclipsrs. They have blasted me and ROD even tried to block me from posting my videos on Redit where he is the moderator of a Yieldmax sub group. So no love lost there. i quickkly turned that around by thereating to expose his malicious attempt at blocking me so he back off on that quickly. So im sure jay has heard his rhetoric. At this point I see Jay and YM for what they are. BIAS against myself and other top options knowlegable persons. Its up to the marketplace (you guys) to ask for diversity and fairness. i am quite successful in my own investing and have lost interest in promoting YM due to their lack of objectivty. I also turned down 3 other interviews with CEO's of other funds over the last 2 weeks. This will be my last complaint on this topic but there is a lot of history here to say the least. I'm continue to produce my own content and opinions without any complaining. Just needed to let you know some background.
@@targetedwealthcreation207 Understood, thanks.
@@targetedwealthcreation207 Was that really ROD and not someone copying his name?
Still not sold, to me their safest fund is still YMAG.
There is no safest fund, these are risky. However understanding when to buy and drip each fund can give it the “safe” label.
I, too, am transitioning my holdings in the Yieldmax universe to other funds. I am curious about your current disposition with GDXY
Nikki unfortunately GDX will be an awesome index for PM mining in the years ahead. I see an 4-5 X increase in the index over the next 8 years. Certainly will outperform the S&P 500 and NDX durng the same time frame. Unfortunately YM and GDXY is not the way to be involved or to make out with those kind of returns. I just do my own purchases on calls options etc. Ill start doing more videos on what to buy and own there. Won't waste my time on GDXY anymore.
@@targetedwealthcreation207 Thanks so much Bruce. I so value your input.
Amzy video thos weekend?
Cory is a nice lady, but I can't watch her reports either. She takes forever even when you speed her voice up 2X.
What’s her channel handle, want to listen for myself
@@AszRoxhappy camper on dividends
So newbie here and I'm conflicted. I like Bitcoin and Coinbase and think they will thrive so I did 10k in MSTY and CONY each. BUTTTTT...the QDTE and XDTE seem like they may be the safer play long term. Thoughts? Will QDTE and XDTE generate good returns over the next 10 years? I know you can't know for sure....but i like listening to thoughts...
Unfortunately I see commodites and that secotr outperfoming the generla indexes for the next 8 eyars or so. However I do see BTC participating and doing very well along with metals and miners. The likelty downturn in the overall mkt in October will give a glimpse but initially all things should decline. If oyu have a long term horizon 10 years or longer then yes QDTE and XDTE should be ok. BTC should detting going late fall and into next yr. While volatile it should well outperform on an anual basis. The income funds are not always the best way too play the moves.
@@targetedwealthcreation207 so in your opinion-not advice I know- if I was just going to let 10K on two ETFs ride for years QDTE n XDTE are better bets then MSTY and CONY?
Bruce, why do these funds have to be capped anyway? It is a real sticking point with me.
If they were not capped you would just own the underlying, the capping comes from the calls being sold to generate income
I thought the capping comes in when the underlying moves up. Capping prevents the NAV from increasing. I don't see the connection between calls/puts and prohibiting the NAV to rise with the underlying,
@@virginiasilano7371 the funds sell a call to generate income
If Apple is 100 the call is 105 and they get 1$ premium
but Apple moves to 110 they get the 5 from the move and the 1$ in premium but miss on the other 5 from the move being capped.
The issue you’re having is they have to play so close to generate enough juice to keep people happy they get capped often preventing growth
@@virginiasilano7371 Because if they sell a call at let's say $100 and the underlying rises above $100 then the call can get exercised by someone who owns the contract. YM uses flex options so they can't get exercised before the expiry date so if YM wants to get out of the call that they sold, there is a cost to do so. The higher above the strike the price is the more expensive it gets to (buy back) get out of the call they sold, so while the synthetic increases in value, the sell-call decreases into the negative by the same amount. That is what causes the cap. If the price increases but stays below the sell-call strike then we capture all the appreciation without a cap.
It’s called synthetic options. The credit spread can change that.
It’s almost painful listening to your ranting lately. Seriously your name is Bruce not Debbie downer
Sorry for that i will be happy now moving away from YM coverage and into other funds.
@@targetedwealthcreation207 please don’t cover Round Hill or Rex . We really don’t need the Rants
You are exactly right. Same distribution as monthly, just paid in weekly installments. It meets the need that some people have for weekly paydays. It’s not the same strategy as Round Hills weekly payers (not even close).
Correct Ron and thanks for posting!
I am keeping my tactics the same right now with Yeild Max and Defiance, meaning I will keep buying some. I want to see how this plays out before making too much of a change. I can see both positives and negatives, but only time will tell. Long story short 1. You don't care for the change. 2. You don't like how YM being managed. 3. You don't think any of this will help either way. 4. Look for better alternatives.?
Yes that sums it up. I also have lost a fair amount of respect for JAY in this process. He treats a few youtubers who are not that sophisitcated investors or have any real in depth experience or wealth in the markets as his golden kids. So given that and the overall misdirection being put on by YM i'll be moving away from them as well. Ill move the channel here to other funds and other tactics in investing. No sense compaining (as i did in this video) just vote with my feet. Take GDXY )if managed properly it could be a great fund over the ensuing years but Instead it sucks. I just place my own trades on since it can be a great sector moving forward. I WILL do income videos covering what they paid etc for the benefit of my subscribers but wont do deep dive videos on their daily progress going forward. Have a great weekend and thanks for commenting!
@@targetedwealthcreation207 I am curious on your take with Defiance changing tactics on their Index based Covered Call ETF's to weekly. Also, what other high yield funds are you looking at and do you own. Been toying with maybe looking at getting the KURV funds. Not nearly as high yield but the NAV seems more stable. The index based Covered Call ETFs with 0DTE seem to make the most sense for if you insist on seeking weekly dividends, The indexes so far just seem better suited for this given the nature of indexes. Am I wrong?