IBIT versus MSTY

I see what you are saying but if your principal did drop by 43 55 67 77% 83%
Or even 92% what would happen to the dividend, would it be as strong as it is at the stock trading at 33 vs say 6 dollars. And what about a reverse split? Just laying it all out there. Anything can happen.

TSLY did a reverse split earlier this year

 

That is some awesome poetry. You should see if you can get it published on the poetry page of WSJ.

 

I don't think it should matter for the dividend. I mean sometimes the reason the price drops is they're paying the dividend out of the NAV... If I sell covered calls and have a bad month, I can just park it whereas these funds have to pay a dividend. Reverse splits do suck but you can always close out and move the money elsewhere... I cap what I put in each of these so I can just let it ride for the most part.

 

Much appreciated.

 

ibit options are going to be available soon?

There are large inflows going to ibit, the big funds like to earn "yield" from selling covered calls and also hedging and stuff

ibit hit ath yesterday, again

 

I hope the IBIT options come soon. The crazy spreads on BITO calls don't make any sense to me. There is so much liquidity on those options but the spreads are crazy.

MSTY & CONY are the leaders of the "using IV as dividends" ETFs. The last spot dividend of MSTY was 13.6% & CONY was 7.4%. If you hedged the equity portion you could probably just collect the dividend.