Brad, I was the one who replied to this interviewer's comments last night asking whether he is doing the due diligence. And also asked him to visit your channel. But for some reason I am not finding my comment under that video as well as your reply that you mentioned.
@@SunBlaze-d8y My other account is labeled Brad old guy with glass. Top comment. It you posed with a link it will not show up. It also says @KCinferno my daughters old soccer team.
Curious if I'm not thinking about this correctly, Brad: When any of these funds closes out an underlying generating a capital gain with no loss offsets they (a) must distribute 98.2% of it AND (b) it would be a taxable event to event to shareholders. So, while YES it would come out of the NAV which theoretically represents the current value of the underlyings how is this any different than the short-term profits they distribute. Also, I think a distribution [in whole or in part] could be made based on unrealized gains in the underlying and would be reported on the 19a as "Return of Capital" until the position is actually closed and there is a true-up. So, even if it was a $3.00 distribution whether chunked out or done when the position is closed, and the NAV goes down by $3.00 that would be a distributed gain just like any other. Yes? No?
Now you are thinking like I am. Let's find out. I would rather them answer these exact questions. I bet they would use it over time to feed it out. But You are on the same thought process. They should be willing to explain this to us. By the way I am ok with them doing this but right now the answers are to open ended or none at all. Now there short term profits are 1256 contracts so they do have special tax benefits. But you are hitting all the points.
@@Income_Architect Are they allowed to offset the gain with the purchase of the new position on the rollover as a business expense? It does not seem the business plan would be viable otherwise.
I haven't found a place in my portfolio for these yet. There is not enough data yet. But i can't the writing you've referring too. Have you looked at all there funds. Could they be holding funds in case of not making money for the week. And is it the end of the year when they have to pay out everything let over. I honestly dont know. Im just asking.
They do hold some funds back. Reaching Riches shows you what they are holding back. Keep this mind they will need to pay everything they are holding back by the end of the year. SP500 hit a new all time high but your NAV did not. They still beat the total market. But I would invest in a fund that hits a new all time high for NAV when the market hits an all time high. But that is me.
@@Income_Architect Thanks . I’ll look at those . I have a big position in FEPI . But of course with INTC and maybe TSLA have dragged it down a few bucks a share .
Good for you for having the gumption to ask questions and pushing them. You are polite, intelligent and have experience and a following and you are becoming an influencer. They should listen and engage. I have xdte, qdte and rdte. Small positions and testing it . They have a lot to prove yet.
As per their website, they expect, but do not guarantee, to make a payout every week. Since there daily sold options must be settled at day's end, how did they do that? I'm thinking that they've absorbed the loss (somehow) and will declare a $0 distribution in 2 weeks. What do you think?
Maybe. 🤔. I think they will pay all the premiums and adsorb all the losses back into the NAV. I totally agree with you. Wouldn’t you like to know that answer? They settle every night. They settled more then the took in. Now what? Great question to be answered.
In this case I rather be wrong but I have a feeling I’m not. The funds work as designed but for people to think there is no NAV erosion is false. Don’t get me wrong. I am ok with NAV erosion if that is really under stood from the beginning. I personally try to limit what I can into things that do have NAV erosion.
I like the funds if they would give honest answers about the roll I would still own them. The CEO said “we have no plan” the official answer he misunderstood the question the plan is the plan. And that plan is? Crickets.
NEOS funds are great. I really wanted to believe in these funds but after Rod's interview I started to have concerns. Then came Wednesday and said I am out. I hope they come to the table and we have a meaning full conversation. I want these funds to be successful.
Hey Brad, sometimes the negative commentary drowns out the positives. Keep up the good work sir and this guy appreciates you and enjoys the work you put in! Thank you.
So far it’s holding up. But the market is at all time highs but the NAV is not. XDTE missed Mondays call by another 330k. QDTE was ok. They haven’t answered my emails on the roll. They cancelled the interview with Reaching Riches. Something doesn’t smell right. Just my opinion. It is still beating the market for total returns. So great play as long as roll works ok for the NAV. ISPY is also beating the market and NAV is all time highs. Just for a comparison.
I seen that video when it was released and also, it looks like that channel deletes comments. I seen a couple with NAV erosion concerns and the comments seems to be gone.
Mine was still there last night but the concerns are real. If you’re ok with some NAV erosion these funds are great. But you really have to ok with it.
I appreciate these types of videos. I was overly investing in QDTE for the premium, and started to become uncomfortable. I decided to sell the majority of my shares in QDTE and bought QQQI instead; I feel much more comfortable with this decision. Thanks.
Thank you for great explanation. As soon as I heard they had no plans to rollout the existing holdings I sold all of my QDTE ETFs. I did not realize that their covered calls are basically poor man's covered calls since they do not own the underlying stocks - they write shot calls against their long calls. This is risky unless you are in it for some experimentation.
@@Income_Architect yea I just worry about fepi in downturns.. the average p/e is like 55. I Like Spyt aswell but don’t have any. Probably just buy JEPI and Xdte until the crash and then buy Fepi at the bottom after maybe 30-40% crash. It’s gonna come within the next 3 years I think.
What crash is everyone talking about. I have to laugh every time some was crash. The crash has been coming for 3 years just search for it on RUclips. Every year crash there is crash.
I think they are overpaying. I'm not sure how it works, but if you have 1000 shares and write a good cover call. Then, 1000 more people buy in during the CC period. They only have CC purchase for 1000 shares of 2000. So how do they make up for whole group?
@Income_Architect , I like your videos and i am following you regularly. It's up to the audience and take it or not. But I will take your advice. Since I will be in your shoes sooner than later. I would rather keep my money instead of losing. Keep up the good work Brad
@amgaming3960 100% great funds and 100% right for some people, but I rather have some NAV appreciation with cash flow. I don't mind 1% to 2% negative NAV per year. If I am getting these types of premiums.
These funds have performed well! To start selling them because of one bad week is ridiculous. Continue to invest until you start seeing a trend in the total return and n a v.
I sold due to the lack of convenience about the roll. He said and I quote, “we have no plan”. They have now said he didn’t understand the question yet they gave no response to investors about the roll other then the plan is the plan with no NAV erosion. They can’t say that as they don’t know that. But sure keep betting on it and when it happens it happens. It will to late when it happens. The funds are working just as they planned. They have straight about it for the most part until they start over paying week after week of revenue they didn’t gain.
Nav erosion does not exist when the nav is being paid to you via a dividend. People always say they are loosing there value. No its just being paid out to you in the form of a dividend.
True statement. But most don’t get it. You should watch today’s sweet tea. I do some math showing nav erosion and how it’s still a winner. All about perspective.
Let's use the Roundhill data. ISPY according to Roundhill. It was on their chart. I will disagree with that a little. There is always some NAV due to the market. I will have to go with AIPI and FEPI as they appear to be close to NAV and they have the possibility of NAV appreciation due to the call writing. SPYI and NEOS funds do a great job, but I call them mid-range yielders.
Took a big position in QDTE and Monday AM going to sell some QQQY and NVDA to get some RDTE. Part of my steady eddies. It seems to not have great NAV erosion. I do love AIPI and boy MSTY is on fire I have 4500 in capitol appreciation and 2200 div a month.
As long as realize what they are doing. They are beating the indexes. I do question the roll will have no NAV erosion just like everyone else. They should have some gains and payout their gains. As long as you know that happens lowers the NAV but it’s not like they are taking money from you. They are paying it out.
Good morning! I wonder if you recall I recommended a complete selling of my position in roundhill and yieldmax? I have recouped a moderate percentage of my losses by shifting to Beth etf and gof/agnc. The addition of single stock trmd makes a big plus as well. Have a great weekend!
Hi Brad. I really enjoy he channel so keep up the good work. Question: In this video you mention that XDTE lost about 0.244 cents; are you calculating the loss correctly? The way I compute it is they actually about broke even in that they collected 0.237 cents in premiums. The net-net effect is about even to slight loss. Could you clarify. Again keep up the good work.
Great question. I have them at premiums of .2346 but close enough (I get the data from Yahoo Finance, I have seen them off at times). The issue is they most close the trade when it goes through the strike. Closing is in cash. I show the profit and loss for each trade at the right but they will pay the premium to everyone. The gap between the index and the NAV will grow by 0.92%. The total in cash settle is 1.135 million including the premiums for that day. Only two days did they make positive money.
If they know they have zero i come after 2 weeks, then can pay less next week and pay the remaining in week 2..so that it does not show zero payment in 2 weeks….also its 52 weeks in a year.if you we get zero payment in one week, should we be worried? If other 51 weeks are good.i have lot of Qdte..thats why wanted to hear from you…also when market was dropping. “Reaching riches” showed qdtei earned 0.9 that week but paid 0.5 only.maybe they saved some money for bad weeks in future? Are they supposed to pay 100% each week or they can save for future?i like you ask the question and we should ask question
They have to pay you all the premiums before the end of the year. So take that as it is. They can create even payments but by the end of the year everything is paid out. And yes when they made a lot of the money Aug 5 week they held back to make even payments. This week the lost money and they will still make you a payment. Meaning 100% this will effect the NAV. Great question.
@@Income_Architect thanks for the confirmation. Thats why i was wondering.not to worry about only 1week payment.rather focusing on annual dividend and nav stability.if end of year total return is good.then all good. Thanks.ask them question.we need clarification.our money needs to know how it will be invested. there is nothing wrong to ask.thanks
Brad great video. As you know I've been calling for you to get these clowns on your channel because everyone that interviews them throws softball questions with no fact checking. If I had nothing to hide and believed in my product I would be on every channel and take all questions not handpicked ones. IMO when the market corrects these funds NAVS will be destroyed. I sold all my shares after watching the interview the guy looked like a deer in the headlights which equals Shady.A lot of risk for 20 percent and the 20 percent includes being overpaid. Hopefully they take you up on your offer if they believe in their product they will come on. if they don't that answers everything.
@@Income_Architect Brad after reading some of these comments where some are saying forget the nav give me my diveden.Now what happens when these covered call funds reverse split several times, which they will because of being capped on the upside and you have 0 shares left then what? you're better off just taking your money that's in the bank and writing yourself a check each month end result the same BROKE. Correct me if I am wrong but that thought process is asinine? They are just borrowing your money and giving you monthly income till your money is gone. I Rather make 15 percent (SWAN) and if I need my money I know I can just sell and get back my investment. I think the problem here is people try and convince themselves into believing it because they want to even though it's not reality its fantasy land.LIke ORACLE says rip these super high yield funds .Take their money don't let them take yours. Investing and gambling are two different things
There are two ways to play it. I took my profits and ran as I saw things not adding up to a long term hold. Others will let the funds deteriorate to nothing like you explained. The roll should amplify this as they should be paying you the gains. Before opening the new position. This will take years before the reverse split as they get that gap up to keep the NAV closer to par. I really need to track ISPY for everyone. They Payless but do the same thing but their NAV is up? Their strikes are similar. They are only slightly behind Roundhill and owning the underlying not leverage the PMCC. You are also correct about income today by borrowing your money. In reality you could do a Net present value calculation to the income flow over time and depreciate the fund as an asset. That is a lot of business school talk and not really for everyone.
Thank you, Brad. I would like to hear you interview them, and I will send an email. Intelligent answers would be nice, without a runaround. I am adjusting holdings, and after this week, I will wait to see how they respond.
I like roundill but they could solve this just by actually buying the underlying stocks that make up the indexes, i would accept 1 cent or no payment in 2 weeks as long as they dont start the nav erosion train. I hope they could give you an interview Brad
@@Income_Architect Even though i like roundhill and have a sizable percentage of my portfolio in their funds, i like facts even more, I will be looking out for the payment in 2 weeks and i hope they give you an interview
Hope you get the interview! Those two questions that were asked on RoD interview. Are the main things we are wondering and the piss poor answers he gave are not what he shouldve gave us.
@@Reaching_Riches I need to come over and watch them. I normally don't comment much with this account. If you would like I am more than willing to get on a call with you one day and do a video together.
@@Reaching_Riches That is a big time risk you are taking. LOL. It was the best time of my life watching our daughter grow up. Enjoy that journey of your life.
@@Income_Architect it's crazy because I looks like mismanagement to me. They are unwilling to let the distribution vary based on income. If they would just allow the distribution to vary then I think it would still have high yield 8 or 9 months out of the year and preserve the NAV.
So last month NVDY lost money of their calls and they went ahead and paid out $1.10 per share anyway. I assume that you're going to sell your MSTY and AMZY shares now too, right?
Brad, first of all thanks for advocating for all of us. Makes no difference if your current facts are right or wrong. A lot of investors follow this channel and getting the facts inline should be the goal. Some like the adrenaline ride of making money quickly and not caring what's going on behind the scenes. To me, you can call it NAV erosion or simply using funds from new subscribers to provide the cash flow to current investors, if it isn't being earned there is no cash to distribute. RH legal counsel likely won't allow them to speak to you which actually speaks volumes.
I am more then willing to let RH legal to approve any video posted. I truly get that I am from that corporate world. Your question is interesting: the money the receive from new shares and paid to older shares will still show up as negative on the balance sheet and will still cause the price to go down. They made no real income this week. Let's see if they make a payment two weeks from now on any of the funds. I bet they will.
@Income_Architect I agree. Every time a distribution is made its a credit to cash and a debit to capital. The debit to capital can only be offset by income, prior investor capital or new investors. If no income and old investors cash has been used to pay for company expenses, salaries marketing and growth, the current payout leads the belief that new investor cash inflow is paying my $0.20 a share dividend which becomes an ethical issue to me. I wish the SEC would slow down the registrations for these folks, they're too new to keep approving funds as it continues to lead to the Ponzi feel. I'll stay tuned...
It’s not new investors. They are going to pay you the premiums. They earned even if they had to cash settlements of some options. They have been using new investors money to settle as they never had to sell a PMCC to settle the calls. Wait until that happens one day. The gap between index and the funds NAV will grow. But in the end total returns is beating the index. What I see is people using 100% of the premiums to pay for something. Total returns is 100% reinvesting. So don’t get me wrong the funds are working as intended. The roll is not new and it is done on other ETFs all the time. What they just haven’t told you is the gab between the fund and index grows but when we roll by the way the call grow by 10% and we will now need to pay you those gains also. They claim no nav erosion on the roll. In reality it’s no total return erosion and there is the problem. People are trying to live of the income or whatever. Now some totally get that the NAV will separate from the index and are totally fine with that. I am fine with that, but I don’t invest in funds like that or limit my investments in funds like that. I hope that made sense.
Let’s see what they say about the roll. If you know what you’re getting great. But I think people don’t know what they are getting. It really is a great fund. For the right people for the right reasons.
Yep and he said they have no plan. Now they say he didn’t understand the question. They have plan, but they have not articulated the answers. So set me straight what is the plan.
BRAD .We will all see soon which funds good and which ones are are junk as soon as the market corrects in the very near future. The tree will shake and most of these will be depleted only the very few strong will survive
Good video and explanation...Thanks...but calm down...depends on your future plan...in my particular case LOVE income...is the money to enjoy my life now...NAV erosion...that is son's problems...they are youngers...I am not eternal
Well I have no skin in the game as I saw the red flags last week on Monday’s interview. And confirmed on Wednesday when I saw their distributions for Friday. Debating about cover these funds anymore but I had already collected this week’s data this week.
Send them a message tell to come on. I might be wrong. More then willing to say I am wrong. But this weeks data shows no profits in two weeks anything paid is 100% NAV erosion.
@@Income_Architect if you look at some of the early distributions they had some weeks where they only paid like 3 cents or 11 cents.. so they could preserve the nav by paying less... and I think they will to some extent. Don't freak out
This war on Roundhill isn't looking good short term. All the people that sold gathering RUclips intel lost comfortable gains. Idk why they would go on this show now short term. Proof is in the Nav XDTE is the flagship! 54$ October?
Great video brad im with you.... i sent them an email... they better come on for that interview very soon, if not IM SELLING MY 150K XDTE POSITION ASAP... lets see 👊
I'm always wary of investments being promoted at ATH that are not sustainable and leveraged on top of it all. Just take a look at the data after the Japan Carry Trade. These all in investors are in the red and have consequently hid their book values from their online portfolios.
Actually, they started beating the market after the carry trade. For total returns that is where the issues start. Some look at total returns and others look at NAV. I got out in profit and said hmmm not for me, but it might be right for others. You can see my portfolio balance last Saturday and I was up. I sold on Wednesday last week due to the interview which should make everyone wonder. This is not right for me due to a couple reasons.
Thanks for the video! The truth about rolling these calls will come out soon )) Can you clarify one thing - why are you saying the fund lost this week? In general the fund lost against the index, but overall the fund did not lose. They still kept the premiums and the share price did not get the same appreciation as the index. Of course they have to close these calls and pay some (not exactly sure about the details) but overall fund did not lose, it did not appreciate as the index.
As the price went throw the strike it caps the gains. Then they must settle the calls in cash. Now do the use the premiums to pay you out or do the not pay you at all to recover the loss. If they pay you in two weeks they covered the settlement in cash. This money comes from someplace and the money they paid you comes from someplace. The only place is called the NAV.
@@Income_Architect there is no loss overall for the fund. The value of the long calls gains and is offset by the loss of the short call. It’s like a wash. Now they need to settle the calls I get it but the NAV should not drop because of that.
@@Income_Architect think of it as I hold 100 share of Stock A and sell ATM calls for some premium. The price goes up over the strike and I have to settle the calls. The short calls are losing but my stock gain - it’s a simple covered call In the money scenario. Now how will they settle by selling some shares or using cash I don’t know. My point is that OVERALL value of the fund or NAV should not change. Make sense ?
No it does not make sense. And when they roll the calls they will need to pay the gains on the closed call make sense? NAV will be affected. You make no sense.
No one should be giving you a thumbs down.. I like the fact you have these concerns. 👍👍 from me good sir. My thoughts are the same on this topic. It would be good if they came on or at least post a reply somewhere on their site or elsewhere. With XDTE I feel like if a fund is doing extremely well and their NAV is up then technically there's no problem with paying out of the NAV. It helps investors with buying more shares because the shares will be in a nice spot for purchasing. If they payout a dividend out of the NAV and the price is up. Then they are really paying us and its not tapping into our money. But it's payjng off of the success of the fund. So there is a gain for investors. Currently KURV has been so successful with their funds they are paying out a higher yield for the remaining year. When a fund is successful this should be a thing. Paying out of the NAV when the share price is declining is awful. But if the fund is rising, healthy and holding, paying out of the NAV shouldn't be an issue. Just my opinion though. I could be wrong. .
Collectively we invest/ have invested tens of millions of dollars into their funds. It would be nice if they were to show some integrity and sit for a real interview. rod & the kramer don't represent this side of the income etf investors. We are not pie in the sky, we're more about money in the pocket. If I wanted hopium I'd go to church, what I want from Roundhill is to understand how I get paid without capitol depletion when no money has been made. It's quite simple and the silence is telling.
@@Income_Architect My take: please write the questions, make a video asking the questions, send the questions to Roundhill and then report whether they reached out to you. You've got me thinking of selling and I have a huge chunk of QDTE. I don't like it when my money is with someone who won't answer important questions.
In all honesty, I watched REX shares do a presentation. Roundhill doesn’t need for me to do the questions. They can do a presentation present the answers to everyone. It took REX 15 minutes to do their presentation. I got more out of that than 1.5 hour interview.
They will payout the premiums. As long as you know this will affect the NAV. The funds are working as planned. I question RDTE payments. They haven’t made the revenue from the calls to payout those premiums.
Brad after reading some of these comments I've come to the conclusion .It's like when we were kids we believed in Santa and when our friends said their is no Santa we still wanted to believe but then one Christmas eve night we found mom eating the cookies and milk we left.
@@Income_Architect Its amazing you look back and say how did we believe that some fat man who couldn't fit down chimneys was taking a sled in the sky led by reindeers and was going to be able to drop presents at everyone's house in the entire world within 8 hours .I guess somethings never change even when we get older same mentality for some lol
Hmm some talk to others but I know they don't like to talk to other Fund Managers. I am not a Fund manager, but I am more then willing to set the record straight and I am more then willing to say I am wrong. Please send them a message to come on and set the record straight.
@@RippingProfits Some YT'er making videos for a few 100 people with no real world experience trading 100's of millions of dollars isn't a fund manager.
Brad I simply don’t understand the problem you have with Roundhill…these are covered call etfs most of them do some part of their distribution as ROC and at inception they overpay a little as long as the overpayment is reasonable which in this case it is …what’s the problem …I simply don’t see it…but you’re entitled to your opinion …Qdte and Xdte will be my biggest positions …
I only have the problem that they have been very not coming forward with information. I am sure you will be happy in two weeks when they make a payment knowing it as a 100% loss against the NAV and not from their call writing.
I want to make this absolutely clear these funds are extremely high risk and I except this risk I except this risk because I have been an investor for a very long time and I am 100% in control and I have outstanding returns…
I also want to comment directly to Roundhill if your paying attention …when you have an outstanding week or two hold back part of that payment for bad weeks like this …no one ever asked for a full payment every week…it’s called managing your cash flow…Reaching riches covers this perfectly on his Chanel …thanks and have a great weekend …
Never, EVER make a financial decision bc of a video on youtube. Do your own due diligence instead of jumping on the bandwagon with all these inexperienced retail investors who jump in and out of funds all the time.
Wow a lot if roundhill stans coming out of the woodwork to defend them lol. Crazy how ppl become cult members just cause they got some shares invested. 😂😂😂 🤡
Its funny how some subscriber's only want to hear what they think is correct without doing any homework. No reply from Roundhill speaks volumes Brad. I have never held these funds and looking like I never will.
Interview: ruclips.net/video/sP_eOZU-mNw/видео.htmlsi=oDM8-HTnzQCHCLn0
Blog postings:
blog.roundhillinvestments.com/xdte-not-your-average-covered-call-strategy
blog.roundhillinvestments.com/qdte-not-your-average-covered-call-strategy
Brad, I was the one who replied to this interviewer's comments last night asking whether he is doing the due diligence. And also asked him to visit your channel. But for some reason I am not finding my comment under that video as well as your reply that you mentioned.
@@SunBlaze-d8y My other account is labeled Brad old guy with glass. Top comment. It you posed with a link it will not show up. It also says @KCinferno my daughters old soccer team.
Curious if I'm not thinking about this correctly, Brad: When any of these funds closes out an underlying generating a capital gain with no loss offsets they (a) must distribute 98.2% of it AND (b) it would be a taxable event to event to shareholders. So, while YES it would come out of the NAV which theoretically represents the current value of the underlyings how is this any different than the short-term profits they distribute. Also, I think a distribution [in whole or in part] could be made based on unrealized gains in the underlying and would be reported on the 19a as "Return of Capital" until the position is actually closed and there is a true-up. So, even if it was a $3.00 distribution whether chunked out or done when the position is closed, and the NAV goes down by $3.00 that would be a distributed gain just like any other. Yes? No?
Now you are thinking like I am. Let's find out. I would rather them answer these exact questions. I bet they would use it over time to feed it out. But You are on the same thought process. They should be willing to explain this to us. By the way I am ok with them doing this but right now the answers are to open ended or none at all. Now there short term profits are 1256 contracts so they do have special tax benefits. But you are hitting all the points.
This is the right answer and why I’m not worried. They seem to have a process to meter it out in intervals and not all at the roll tho.
@@Income_Architect Are they allowed to offset the gain with the purchase of the new position on the rollover as a business expense? It does not seem the business plan would be viable otherwise.
Thanks for the video, great insight!
Glad it was helpful!
Thanks for asking the hard questions.
No worries. 😉. Trying to get answers to the hard questions. I hope I’m 100% wrong.
Excellent points, just saw an interview on another channel. Big push to buy these ETF's from that channel. Keep speaking truth to power, thanks.
Much appreciated. I have no issue of people buying. I have the issue they don’t know what they are getting themselves into.
Excellent video thanks Brad.
Glad you enjoyed it
I appreciate your reviews. Do you have any videos and opinions about the Neos funds or Fepi/aipi?
I have FEPI and AIPI. Also some NEOS reviews. All of these are in my 500k CC portfolio.
Thank you Brad. This is a great channel
Glad you enjoy it! Thanks for watching.
I haven't found a place in my portfolio for these yet. There is not enough data yet. But i can't the writing you've referring too. Have you looked at all there funds. Could they be holding funds in case of not making money for the week. And is it the end of the year when they have to pay out everything let over. I honestly dont know. Im just asking.
They do hold some funds back. Reaching Riches shows you what they are holding back. Keep this mind they will need to pay everything they are holding back by the end of the year. SP500 hit a new all time high but your NAV did not. They still beat the total market. But I would invest in a fund that hits a new all time high for NAV when the market hits an all time high. But that is me.
If XDTE is now off the table, which high yield ETFs are left where there is little or no NAV depletion? Only SPYT?
FEPI and AIPI, GIAX, SPYT then we get to NEOS funds.
@@Income_Architect Thanks . I’ll look at those . I have a big position in FEPI . But of course with INTC and maybe TSLA have dragged it down a few bucks a share .
So true
The prospectus says it will pay income regardless. You are simply reporting what the fund is designed to do.
@justinlomax1454 Nothing more and nothing less. The question is what happens when the roll.
Good for you for having the gumption to ask questions and pushing them. You are polite, intelligent and have experience and a following and you are becoming an influencer. They should listen and engage. I have xdte, qdte and rdte. Small positions and testing it . They have a lot to prove yet.
I loved the 0DTE options. I just want to be far to everyone including them. Let's tell the real story together.
I got out too and jumped into AIPI. Thanks for being on top of this.
No issue thanks for watching.
I love it. Your challenge is respectful and to the point. I'm emailing roundhill right now.
Wonderful! I can fully wrong and I am more than willing to say so. But everyone should hear the facts correctly. Thanks for the support.
X,R,QDTE weekly dividends are up this week (10/16) more than last week. Does it make sense to you? Thanks
Yes as they are two weeks behind that video. That video is for next week. The still over pay RDTE and you will never get an answer on that one.
As per their website, they expect, but do not guarantee, to make a payout every week. Since there daily sold options must be settled at day's end, how did they do that? I'm thinking that they've absorbed the loss (somehow) and will declare a $0 distribution in 2 weeks.
What do you think?
Maybe. 🤔. I think they will pay all the premiums and adsorb all the losses back into the NAV. I totally agree with you. Wouldn’t you like to know that answer? They settle every night. They settled more then the took in. Now what? Great question to be answered.
I have had that something is wrong!!! Your are right!!!
In this case I rather be wrong but I have a feeling I’m not. The funds work as designed but for people to think there is no NAV erosion is false. Don’t get me wrong. I am ok with NAV erosion if that is really under stood from the beginning. I personally try to limit what I can into things that do have NAV erosion.
I'm starting to get the feeling you might not be invited to Roundhill's Christmas party this year.
LOL, but maybe I will. Maybe I am wrong. I am more then willing to say "I am wrong". Maybe this would be the best for everyone.
Im confused...you are always hyping these fu ds up. Now i see this video bashing them
I thought you liked these funds? All your other videos hype them up@@Income_Architect
Not bashing. They are working as they are as intended. What they have not done is come forth about the roll and give honest answers.
I like the funds if they would give honest answers about the roll I would still own them. The CEO said “we have no plan” the official answer he misunderstood the question the plan is the plan. And that plan is? Crickets.
Spyi and qqqi seem like the best in this category. Holding rdte, but am following this to hear what Brad finds out.
NEOS funds are great. I really wanted to believe in these funds but after Rod's interview I started to have concerns. Then came Wednesday and said I am out. I hope they come to the table and we have a meaning full conversation. I want these funds to be successful.
Brad the GOAT I was thinking about selling all my XDTE I am up in basis plus all the payouts I received
Took my money and ran. To many questions to be answered to sleep good at night.
Hey Brad, sometimes the negative commentary drowns out the positives. Keep up the good work sir and this guy appreciates you and enjoys the work you put in! Thank you.
No issue. Moving forward. I had to ban someone for hating on others. Hate me not others.
Thank you Brad. Keep up the good work
Thanks, will do! Thanks for the support.
Post 3 days from this video... how's the nav looking. Serious question.
Thoughts?
So far it’s holding up. But the market is at all time highs but the NAV is not. XDTE missed Mondays call by another 330k. QDTE was ok.
They haven’t answered my emails on the roll. They cancelled the interview with Reaching Riches. Something doesn’t smell right. Just my opinion.
It is still beating the market for total returns. So great play as long as roll works ok for the NAV. ISPY is also beating the market and NAV is all time highs. Just for a comparison.
Hi Brad, can we see your weekend portfolio review? Thanks big time
I sold everything on Wednesday. Nothing to review.
@@Income_Architect What the hell...
@@Income_Architecteverything meaning Round Hill
@SilverSpoon-t2w I posted telling everyone exactly what I was doing. I got a lot negative comments.
correct. all the 0DTE stuff
I seen that video when it was released and also, it looks like that channel deletes comments. I seen a couple with NAV erosion concerns and the comments seems to be gone.
Mine was still there last night but the concerns are real. If you’re ok with some NAV erosion these funds are great. But you really have to ok with it.
Thank you Brad you are a life savor. I will stay away from these funds. Aiming to buy AIPI in a large quantity. 🙏
At least we know what they are doing.
You tell them Brad! They need to come on an interview with you
Yep, They just need to answer the questions. They left it so open on their interview with ROD. That many still have questions or concerns.
I love XDTE. Painfully honest takes from you. Thank you for sharing.
Thanks for watching!
I appreciate these types of videos. I was overly investing in QDTE for the premium, and started to become uncomfortable. I decided to sell the majority of my shares in QDTE and bought QQQI instead; I feel much more comfortable with this decision. Thanks.
I bet you can sleep at night.
Thank you Brad
You bet.
Got out of my qdte position same day of the interview. Data is the data, not opinions, just facts. Thank you sir, appreciated your info.
All the best. Thanks for watching. It took me to Wednesday to dump.
@Income_Architect Doing my research on YMAG, looks like a good candidate, I watched your video comparing it with some others.
I am starting to warm up to the 7 again.
Thank you for great explanation. As soon as I heard they had no plans to rollout the existing holdings I sold all of my QDTE ETFs. I did not realize that their covered calls are basically poor man's covered calls since they do not own the underlying stocks - they write shot calls against their long calls. This is risky unless you are in it for some experimentation.
Fully agree. I question the roll. Everyone deserve an answer. Well everyone but me as I sold my shares.
The only uncertainty is rolling the long calls. Everything else is just a strategy, it is essentially as holding the index.
Thank you Brad!
Sure thing! Thanks for watching.
Thank you for the content. Would be great to see that Roundhill interview.
I would love to set the record straight.
I like xdte but I would never buy qdte or rdte... but im curious what you would replace it with?
FEPI, AIPI. Or how about second place on the Roundhill slide ISPY. SPYT? There are options.
@@Income_Architect yea I just worry about fepi in downturns.. the average p/e is like 55. I Like Spyt aswell but don’t have any. Probably just buy JEPI and Xdte until the crash and then buy Fepi at the bottom after maybe 30-40% crash. It’s gonna come within the next 3 years I think.
Don’t get me wrong tho Fepi is amazing when you buy it cheap and don’t have to worry about big corrections
@@Income_Architect SPYT looks solid to me.
What crash is everyone talking about. I have to laugh every time some was crash. The crash has been coming for 3 years just search for it on RUclips. Every year crash there is crash.
I think they are overpaying. I'm not sure how it works, but if you have 1000 shares and write a good cover call. Then, 1000 more people buy in during the CC period. They only have CC purchase for 1000 shares of 2000. So how do they make up for whole group?
Great question and they answered that as they didn't see that as an issue. I have to disagree with them on that statement.
What can be the next potential alternative to q and x that i can research on?
Depends on your goals. NEOS funds? ISPY? FEPI or AIPI?
@Income_Architect , I like your videos and i am following you regularly. It's up to the audience and take it or not. But I will take your advice. Since I will be in your shoes sooner than later. I would rather keep my money instead of losing. Keep up the good work Brad
@amgaming3960 100% great funds and 100% right for some people, but I rather have some NAV appreciation with cash flow. I don't mind 1% to 2% negative NAV per year. If I am getting these types of premiums.
These funds have performed well! To start selling them because of one bad week is ridiculous. Continue to invest until you start seeing a trend in the total return and n a v.
I sold due to the lack of convenience about the roll. He said and I quote, “we have no plan”. They have now said he didn’t understand the question yet they gave no response to investors about the roll other then the plan is the plan with no NAV erosion. They can’t say that as they don’t know that. But sure keep betting on it and when it happens it happens. It will to late when it happens. The funds are working just as they planned. They have straight about it for the most part until they start over paying week after week of revenue they didn’t gain.
Nav erosion does not exist when the nav is being paid to you via a dividend. People always say they are loosing there value. No its just being paid out to you in the form of a dividend.
True statement. But most don’t get it. You should watch today’s sweet tea. I do some math showing nav erosion and how it’s still a winner. All about perspective.
Keep up the good work.
Thanks, will do!
Hello, can you please review RSPA from invesco?
I need to do all the Invesco funds.
Thanks, fairlly new income fund that in a way compares to jepi, from a well know asset management
It only yields 10%. A bit too low for me. I'd rather go with neos or rex shares than invesco
You will eventually find out that not everything that shines is gold 😉
@@cristianjosuecruzbonilla6976 100% I like Invesco. They will not be promoting their products on RUclips to people who might not know any better.
So Brad in your opinion what is the best high yield etf, out there? With no nav. Thank you
Let's use the Roundhill data. ISPY according to Roundhill. It was on their chart. I will disagree with that a little. There is always some NAV due to the market. I will have to go with AIPI and FEPI as they appear to be close to NAV and they have the possibility of NAV appreciation due to the call writing. SPYI and NEOS funds do a great job, but I call them mid-range yielders.
@@Income_Architectwhat about SPYT?
@michellerene9678 Yes put SPYT in there also.
Great video! Thank you!
Would you make one please on how to analyse nav erosion on CEFs?
Great suggestion! They have it also but we know they have it.
Took a big position in QDTE and Monday AM going to sell some QQQY and NVDA to get some RDTE. Part of my steady eddies. It seems to not have great NAV erosion. I do love AIPI and boy MSTY is on fire I have 4500 in capitol appreciation and 2200 div a month.
As long as realize what they are doing. They are beating the indexes. I do question the roll will have no NAV erosion just like everyone else. They should have some gains and payout their gains. As long as you know that happens lowers the NAV but it’s not like they are taking money from you. They are paying it out.
Good morning! I wonder if you recall I recommended a complete selling of my position in roundhill and yieldmax? I have recouped a moderate percentage of my losses by shifting to Beth etf and gof/agnc. The addition of single stock trmd makes a big plus as well. Have a great weekend!
That is great news. I remember the GOF as I had to go look that one up. It is on my list to review.
Hi Brad. I really enjoy he channel so keep up the good work. Question: In this video you mention that XDTE lost about 0.244 cents; are you calculating the loss correctly? The way I compute it is they actually about broke even in that they collected 0.237 cents in premiums. The net-net effect is about even to slight loss. Could you clarify. Again keep up the good work.
Great question. I have them at premiums of .2346 but close enough (I get the data from Yahoo Finance, I have seen them off at times). The issue is they most close the trade when it goes through the strike. Closing is in cash. I show the profit and loss for each trade at the right but they will pay the premium to everyone. The gap between the index and the NAV will grow by 0.92%. The total in cash settle is 1.135 million including the premiums for that day. Only two days did they make positive money.
Now its war against Roundhill 😢 . How much nav erosion are you expecting. Ymax type? Ymag type?
Depends on their payment. They should make zero payments in two weeks. I bet it's about $0.20 per share on most of these funds.
Marketing Lol
Xdte is the goat no nav erosion and massive dividends I’ll stick with it
Maybe until the next little 2% price correction of the SP500
If they know they have zero i come after 2 weeks, then can pay less next week and pay the remaining in week 2..so that it does not show zero payment in 2 weeks….also its 52 weeks in a year.if you we get zero payment in one week, should we be worried? If other 51 weeks are good.i have lot of Qdte..thats why wanted to hear from you…also when market was dropping. “Reaching riches” showed qdtei earned 0.9 that week but paid 0.5 only.maybe they saved some money for bad weeks in future? Are they supposed to pay 100% each week or they can save for future?i like you ask the question and we should ask question
They have to pay you all the premiums before the end of the year. So take that as it is. They can create even payments but by the end of the year everything is paid out. And yes when they made a lot of the money Aug 5 week they held back to make even payments. This week the lost money and they will still make you a payment. Meaning 100% this will effect the NAV. Great question.
@@Income_Architect thanks for the confirmation. Thats why i was wondering.not to worry about only 1week payment.rather focusing on annual dividend and nav stability.if end of year total return is good.then all good. Thanks.ask them question.we need clarification.our money needs to know how it will be invested. there is nothing wrong to ask.thanks
Brad great video. As you know I've been calling for you to get these clowns on your channel because everyone that interviews them throws softball questions with no fact checking. If I had nothing to hide and believed in my product I would be on every channel and take all questions not handpicked ones. IMO when the market corrects these funds NAVS will be destroyed. I sold all my shares after watching the interview the guy looked like a deer in the headlights which equals Shady.A lot of risk for 20 percent and the 20 percent includes being overpaid. Hopefully they take you up on your offer if they believe in their product they will come on. if they don't that answers everything.
So true. I have extend the olive branch twice to them. Lets see what they say.
@@Income_Architect Brad after reading some of these comments where some are saying forget the nav give me my diveden.Now what happens when these covered call funds reverse split several times, which they will because of being capped on the upside and you have 0 shares left then what?
you're better off just taking your money that's in the bank and writing yourself a check each month end result the same BROKE. Correct me if I am wrong but that thought process is asinine? They are just borrowing your money and giving you monthly income till your money is gone. I Rather make 15 percent (SWAN) and if I need my money I know I can just sell and get back my investment. I think the problem here is people try and convince themselves into believing it because they want to even though it's not reality its fantasy land.LIke ORACLE says rip these super high yield funds .Take their money don't let them take yours. Investing and gambling are two different things
There are two ways to play it. I took my profits and ran as I saw things not adding up to a long term hold. Others will let the funds deteriorate to nothing like you explained. The roll should amplify this as they should be paying you the gains. Before opening the new position. This will take years before the reverse split as they get that gap up to keep the NAV closer to par. I really need to track ISPY for everyone. They Payless but do the same thing but their NAV is up? Their strikes are similar. They are only slightly behind Roundhill and owning the underlying not leverage the PMCC. You are also correct about income today by borrowing your money. In reality you could do a Net present value calculation to the income flow over time and depreciate the fund as an asset. That is a lot of business school talk and not really for everyone.
Thank you, Brad. I would like to hear you interview them, and I will send an email. Intelligent answers would be nice, without a runaround. I am adjusting holdings, and after this week, I will wait to see how they respond.
Great funds love to buy back in but there appears to be some question that need to be answered.
I like roundill but they could solve this just by actually buying the underlying stocks that make up the indexes, i would accept 1 cent or no payment in 2 weeks as long as they dont start the nav erosion train. I hope they could give you an interview Brad
I think they do a great job but there appears to be a lot of questions. Let’s see what they pay in two weeks.
@@Income_Architect Even though i like roundhill and have a sizable percentage of my portfolio in their funds, i like facts even more, I will be looking out for the payment in 2 weeks and i hope they give you an interview
I’m curious as to why you stay in SVOL which has paid ROC many of times as a result of not earning the dividends. Same exact situation.
Not exactly. At least they are willing to admit it.
@@Income_Architect So ROC is ok (SVOL) as long as they admit it? LOL
@ForestNorgrove Yep, 100%. Its less then 1% per year and they want the payments to be the same every month.
@@ForestNorgroveyeah, it’s almost like a “gotcha” quest vs. it’s not really that bad to have some losing stretches
@@Income_Architect Except last payment went down.
Hope you get the interview! Those two questions that were asked on RoD interview. Are the main things we are wondering and the piss poor answers he gave are not what he shouldve gave us.
Thanks Reaching Riches. Love your work by the way.
@@Income_Architect thank you! I'll have some new number in my next video. Curious to see your take on this once the video is released.
@@Reaching_Riches I need to come over and watch them. I normally don't comment much with this account. If you would like I am more than willing to get on a call with you one day and do a video together.
@@Income_Architect it's nice having a second pair of eye on these funds.
I have a baby on the way, id be down to talk once it's not as hectic 😅
@@Reaching_Riches That is a big time risk you are taking. LOL. It was the best time of my life watching our daughter grow up. Enjoy that journey of your life.
It's all disappointing but I appreciate you for revealing what no one wants to hear but it's gonna save me money I can promise you that. 👍
It’s all from our point of view. Some hear it others want to argue.
@@Income_Architect it's crazy because I looks like mismanagement to me. They are unwilling to let the distribution vary based on income. If they would just allow the distribution to vary then I think it would still have high yield 8 or 9 months out of the year and preserve the NAV.
The funds are working like are supposed to. They just are not telling everyone.
honest trust!
Thanks. 🙏
So last month NVDY lost money of their calls and they went ahead and paid out $1.10 per share anyway. I assume that you're going to sell your MSTY and AMZY shares now too, right?
I have been watching those and I'm starting to have the same feeling about them also. Totally not ok with it.
The NAV of QDTE, down $2.90 since inception 7 months ago. That's about 10 cents a week, or nearly 50% of the weekly payout. Hmmm.
Makes you think but they still beat the QQQ. So what gives?
Brad, first of all thanks for advocating for all of us. Makes no difference if your current facts are right or wrong. A lot of investors follow this channel and getting the facts inline should be the goal. Some like the adrenaline ride of making money quickly and not caring what's going on behind the scenes. To me, you can call it NAV erosion or simply using funds from new subscribers to provide the cash flow to current investors, if it isn't being earned there is no cash to distribute. RH legal counsel likely won't allow them to speak to you which actually speaks volumes.
I am more then willing to let RH legal to approve any video posted. I truly get that I am from that corporate world. Your question is interesting: the money the receive from new shares and paid to older shares will still show up as negative on the balance sheet and will still cause the price to go down. They made no real income this week. Let's see if they make a payment two weeks from now on any of the funds. I bet they will.
@Income_Architect I agree. Every time a distribution is made its a credit to cash and a debit to capital. The debit to capital can only be offset by income, prior investor capital or new investors. If no income and old investors cash has been used to pay for company expenses, salaries marketing and growth, the current payout leads the belief that new investor cash inflow is paying my $0.20 a share dividend which becomes an ethical issue to me. I wish the SEC would slow down the registrations for these folks, they're too new to keep approving funds as it continues to lead to the Ponzi feel. I'll stay tuned...
It’s not new investors. They are going to pay you the premiums. They earned even if they had to cash settlements of some options. They have been using new investors money to settle as they never had to sell a PMCC to settle the calls. Wait until that happens one day. The gap between index and the funds NAV will grow. But in the end total returns is beating the index. What I see is people using 100% of the premiums to pay for something. Total returns is 100% reinvesting. So don’t get me wrong the funds are working as intended. The roll is not new and it is done on other ETFs all the time. What they just haven’t told you is the gab between the fund and index grows but when we roll by the way the call grow by 10% and we will now need to pay you those gains also. They claim no nav erosion on the roll. In reality it’s no total return erosion and there is the problem. People are trying to live of the income or whatever. Now some totally get that the NAV will separate from the index and are totally fine with that. I am fine with that, but I don’t invest in funds like that or limit my investments in funds like that. I hope that made sense.
Well that stinks. I’m not investing in round hill atm anyway, but was considering it in the near future.
Let’s see what they say about the roll. If you know what you’re getting great. But I think people don’t know what they are getting. It really is a great fund. For the right people for the right reasons.
So I sell all my xdte?
Not my call. Only showing the data.
@@Income_Architect Maybe Invesco RSPA is goog alternative to protect NAV erosion?
I have not tested it yet
They have been interviewed on Retire on Dividends
Yep and he said they have no plan. Now they say he didn’t understand the question. They have plan, but they have not articulated the answers. So set me straight what is the plan.
This is why i stick with YMAX...im happy. 1500 payout a month.
As long as you know what you’re getting yourself into and are happy. I am happy for you.
BRAD .We will all see soon which funds good and which ones are are junk as soon as the market corrects in the very near future. The tree will shake and most of these will be depleted only the very few strong will survive
Again true. I bet people are not willing to ride out the storm. Take all the premiums not knowing that they are hurting themselves.
Good video and explanation...Thanks...but calm down...depends on your future plan...in my particular case LOVE income...is the money to enjoy my life now...NAV erosion...that is son's problems...they are youngers...I am not eternal
Well I have no skin in the game as I saw the red flags last week on Monday’s interview. And confirmed on Wednesday when I saw their distributions for Friday. Debating about cover these funds anymore but I had already collected this week’s data this week.
Lets go Roundhill? I might have to get out of your funds also. Do the right thing and talk to Brad!
We will see. Thanks for watching.
If Dave Mazza does not give an interview to Income Architect, then I will sell all my X's and Q's.
Send them a message tell to come on. I might be wrong. More then willing to say I am wrong. But this weeks data shows no profits in two weeks anything paid is 100% NAV erosion.
Now that's a sound financial decision
@@Income_Architect if you look at some of the early distributions they had some weeks where they only paid like 3 cents or 11 cents.. so they could preserve the nav by paying less... and I think they will to some extent. Don't freak out
apr 10 was 2 cents.. may 22 was 13 cents... June 6 was 11 cents
Agreed, 30k incoming to Spyi and Qqqi. Unfortunate to lose the yield, but it is what it is😔
Let's make this happen and make sure they reach him to make thing straight
Thanks for the support.
This war on Roundhill isn't looking good short term. All the people that sold gathering RUclips intel lost comfortable gains. Idk why they would go on this show now short term. Proof is in the Nav XDTE is the flagship! 54$ October?
Maybe?
Thank you for this Hamburger ❤
Thanks. Calling it as I see it.
Hamburgher strikes again!!!!!! Good Job!!!!
Thanks. 🙏
Great video brad im with you.... i sent them an email... they better come on for that interview very soon, if not IM SELLING MY 150K XDTE POSITION ASAP... lets see 👊
Thanks for the support.
Thanks B
You bet
I'm always wary of investments being promoted at ATH that are not sustainable and leveraged on top of it all. Just take a look at the data after the Japan Carry Trade. These all in investors are in the red and have consequently hid their book values from their online portfolios.
Actually, they started beating the market after the carry trade. For total returns that is where the issues start. Some look at total returns and others look at NAV. I got out in profit and said hmmm not for me, but it might be right for others. You can see my portfolio balance last Saturday and I was up. I sold on Wednesday last week due to the interview which should make everyone wonder. This is not right for me due to a couple reasons.
The data don't lie . Dave talk to Brad we want the Truth we can handle it. You can clear the doubts we have.
Yes we can.
Thanks for the video! The truth about rolling these calls will come out soon ))
Can you clarify one thing - why are you saying the fund lost this week? In general the fund lost against the index, but overall the fund did not lose. They still kept the premiums and the share price did not get the same appreciation as the index.
Of course they have to close these calls and pay some (not exactly sure about the details) but overall fund did not lose, it did not appreciate as the index.
As the price went throw the strike it caps the gains. Then they must settle the calls in cash. Now do the use the premiums to pay you out or do the not pay you at all to recover the loss. If they pay you in two weeks they covered the settlement in cash. This money comes from someplace and the money they paid you comes from someplace. The only place is called the NAV.
@@Income_Architect there is no loss overall for the fund. The value of the long calls gains and is offset by the loss of the short call. It’s like a wash. Now they need to settle the calls I get it but the NAV should not drop because of that.
@@Income_Architect think of it as I hold 100 share of Stock A and sell ATM calls for some premium. The price goes up over the strike and I have to settle the calls. The short calls are losing but my stock gain - it’s a simple covered call In the money scenario. Now how will they settle by selling some shares or using cash I don’t know. My point is that OVERALL value of the fund or NAV should not change. Make sense ?
They are going to pay you the premiums in two weeks. The gap between price and index will get larger.
No it does not make sense. And when they roll the calls they will need to pay the gains on the closed call make sense? NAV will be affected. You make no sense.
No one should be giving you a thumbs down.. I like the fact you have these concerns. 👍👍 from me good sir.
My thoughts are the same on this topic. It would be good if they came on or at least post a reply somewhere on their site or elsewhere.
With XDTE I feel like if a fund is doing extremely well and their NAV is up then technically there's no problem with paying out of the NAV. It helps investors with buying more shares because the shares will be in a nice spot for purchasing. If they payout a dividend out of the NAV and the price is up. Then they are really paying us and its not tapping into our money. But it's payjng off of the success of the fund. So there is a gain for investors.
Currently KURV has been so successful with their funds they are paying out a higher yield for the remaining year.
When a fund is successful this should be a thing.
Paying out of the NAV when the share price is declining is awful. But if the fund is rising, healthy and holding, paying out of the NAV shouldn't be an issue. Just my opinion though. I could be wrong.
.
Great opinion. Well thought out. Those are comments I truly enjoy reading.
Another Great Video!! I am also sending them an email! They painted themselves into a corner!
Glad you enjoyed it!
Collectively we invest/ have invested tens of millions of dollars into their funds. It would be nice if they were to show some integrity and sit for a real interview. rod & the kramer don't represent this side of the income etf investors. We are not pie in the sky, we're more about money in the pocket. If I wanted hopium I'd go to church, what I want from Roundhill is to understand how I get paid without capitol depletion when no money has been made. It's quite simple and the silence is telling.
I second that comment.
Dave may have had the questions beforehand from ROD...
Maybe. Don't know. More then willing to give him the questions before hand.
@@Income_Architect My take: please write the questions, make a video asking the questions, send the questions to Roundhill and then report whether they reached out to you. You've got me thinking of selling and I have a huge chunk of QDTE. I don't like it when my money is with someone who won't answer important questions.
In all honesty, I watched REX shares do a presentation. Roundhill doesn’t need for me to do the questions. They can do a presentation present the answers to everyone. It took REX 15 minutes to do their presentation. I got more out of that than 1.5 hour interview.
I just want to trade options. If they don't make money, it's OK, my risk, my loss, pay $0, it's OK. But...don't lie about ROC distribution.
Right on. I love the funds. You are correct and I hope I’m 100% wrong.
C’mon Roundhill!! Let’s have some talks with Brad !! 🤘🤘🤘
Maybe. Let’s find out the facts per Roundhill not avoidance.
I have been considering selling out of XDTE. Seems like quite a few others are getting itchy feet as well. Roundhill should take Brad's offer.
Still great funds. You just got to know what you are getting.
it doesn't matter if an investor has only $100 or even 20 million to place in an etf-- if the return is not worth the trouble we will look elsewhere;)
100%. I remember consulting and the best consultant was difficult. Customers answer give me number 2 please.
I don’t think they pay out all their gains on the weeks they make a lot of money hold it for the weeks they lose money!!😮
They will payout the premiums. As long as you know this will affect the NAV. The funds are working as planned. I question RDTE payments. They haven’t made the revenue from the calls to payout those premiums.
Great content Brad…still support your work. Keep it up…
Much appreciated! I still follow the data so.
Brad after reading some of these comments I've come to the conclusion .It's like when we were kids we believed in Santa and when our friends said their is no Santa we still wanted to believe but then one Christmas eve night we found mom eating the cookies and milk we left.
LOL ok I am using that one.
@@Income_Architect Its amazing you look back and say how did we believe that some fat man who couldn't fit down chimneys was taking a sled in the sky led by reindeers and was going to be able to drop presents at everyone's house in the entire world within 8 hours .I guess somethings never change even when we get older same mentality for some lol
Did you see last video Chris Norlund? He talks about Santa analogy too about cult members. My favorite part was at minute 2.
Fund managers don’t like to talk to fund managers 😊
Hmm some talk to others but I know they don't like to talk to other Fund Managers. I am not a Fund manager, but I am more then willing to set the record straight and I am more then willing to say I am wrong. Please send them a message to come on and set the record straight.
@@Income_ArchitectI think you’re on same level as fund manager. I know your question will make them not answer questions.
@@RippingProfits Some YT'er making videos for a few 100 people with no real world experience trading 100's of millions of dollars isn't a fund manager.
lol. I hate to break it to you but umm where did you get no real world experience from.
Thanks, Brad for giving the facts. We shall see in two weeks
Yes we will.
Brad I simply don’t understand the problem you have with Roundhill…these are covered call etfs most of them do some part of their distribution as ROC and at inception they overpay a little as long as the overpayment is reasonable which in this case it is …what’s the problem …I simply don’t see it…but you’re entitled to your opinion …Qdte and Xdte will be my biggest positions …
I only have the problem that they have been very not coming forward with information. I am sure you will be happy in two weeks when they make a payment knowing it as a 100% loss against the NAV and not from their call writing.
I want to make this absolutely clear these funds are extremely high risk and I except this risk I except this risk because I have been an investor for a very long time and I am 100% in control and I have outstanding returns…
I also want to comment directly to Roundhill if your paying attention …when you have an outstanding week or two hold back part of that payment for bad weeks like this …no one ever asked for a full payment every week…it’s called managing your cash flow…Reaching riches covers this perfectly on his Chanel …thanks and have a great weekend …
Yes I have seen it and it’s true. But they are going to pay you the premiums. I guess no one noticed that reaching riches commented on this video.
The sky is falling sell everything !!!!!!!!!!!!!!!
Maybe. Let's set the record straight. I already sold everything on Wednesday.
The numbers don't lie...
They show a story
Are you in ROD'S Discord?
No I don’t have time for that. I spend hours replying to comments
❤🎉👍👍
Thank you as always.
👍
Thanks
CLM 😮
im selling roundhill-most people think they are a safe bet-but this kind of news is questionable,,,,,:)
I love the funds but they are questionable. 🤨
Never, EVER make a financial decision bc of a video on youtube. Do your own due diligence instead of jumping on the bandwagon with all these inexperienced retail investors who jump in and out of funds all the time.
@@JWETrader please dont come here to disrespect this channel-this is a very experienced group of members with cash to invest - with great discretion;)
Well said. Don’t jump in if you don’t know what you’re getting into. But you don’t have to be like that to get your point across.
Correct. Not everyone is a rock star.
Wow a lot if roundhill stans coming out of the woodwork to defend them lol. Crazy how ppl become cult members just cause they got some shares invested. 😂😂😂 🤡
Thanks for making me smile.
Its funny how some subscriber's only want to hear what they think is correct without doing any homework. No reply from Roundhill speaks volumes Brad. I have never held these funds and looking like I never will.
I hope wrong. But the data shows a different story. The answers received are a little suspicious. 🤨
Fantastic upload. They need to come on the channel and cut the BS. They're acting Kamalish.
Let’s get the facts right. Let’s see their payment in two weeks.