YMAX
YieldMax Universe Fund of Option Income ETFs
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Yet, there are people who love YMAX more than their mothers :) Go figure.
Youre not missing something, youre just accurately assessing these products as dogshit. If everything goes to plan for YMAX, theyll be flat forever and essentially sell away all future gains via calls and theyll liquidate all premia generated as the yield. This is where lots of newbie investors get confused, because the yield is not going to he constant. Its a function of the returns of the underlying. If the underlying is no longer a high volatility highly upward momentum stock, youre not getting huge double digit yields. And if the stock is dropping, you will still be losing lots of money. Covered calls are just a guaranteed way to end up poorer than you would have otherwise by just holding the underlying. You pay way less fees, trading costs, and taxes.
Look into YMAX, it is an options strategy ETF that throws off around 50% annualized yield with weekly dividends. It also resists most of the NAV erosion that is rampant in the yield max funds. You do not have downside protection, but it hits what you are looking for and prevents you from making stupid decisions.
Sold half my PLTR a week ago to buy EOSE, RR, SNYR, and NVO. And bought some ULTY AND YMAX to reinvest the dividends into other stocks let's goo Holding asts rklb oklo lunr long term I have 31k for reference lol. Orginally Invested 18k. Over 50% gain profit atm but had losses previously smh SYM!
Potential NAV decay over time is the largest one. However, the minor decay that I have seen has been outweighed by the payouts. It’s a lazier set it and forget it approach for me as I don’t want to manage my own options. Here’s a link to YMAX for your reading. https://www.yieldmaxetfs.com/our-etfs/ymax/
Just learned about /r/YieldMaxETFs, they think 33% YMAX, ULTY, VOO is a "three fund portfolio". This is gonna end in tears
Really? Uncle GPT makes it sound like a Ponzi scheme in decline: Why YMAX Has Fallen Sharply 1. NAV Erosion from Covered-Call Structure • YMAX uses a synthetic covered call strategy, which caps upside gains while fully exposing investors to downside losses in the underlying securities. In a rising market, it lags the underlying stocks.  • Since launching in January 2024, YMAX has suffered around 40% NAV decline. Much of this is due to capped upside—when stocks rally, YMAX only collects premiums and misses out on most price appreciation.  2. High Yield That Consumes Principal • The fund pays extraordinarily high distributions (60–70%+ annualized), but an estimated 96% of those payouts are return of capital (ROC). This means the fund is returning your own invested capital back as income. Over time, NAV declines unless market gains offset this depletion.  • As investor cost bases fall, even small price drops can become taxable gains—and erode value. 
I’m ALL IN YIELD MAX $YMAX LEFS GOOO $0.18 dividends weekly
Anything that would double your money is gambling or border line illegal or both. I do hold 20k in YMAX but considering getting out as I don’t get a good vibe for I won’t crash
Invest in weekly paying dividend stocks if you put your money in ymax you would have 1,440.92 shares at an average cost of 13.84, the dividend varies each week but I would use the previous weeks dividend payout and the range it usually stays in this excluding margin lending, with 1,440.92 shares @0.1041 dividend you would get from around $150 which is around $600 within a month from @0.15 a share it would be $216, which is $864 within a month now that is from YMAX, ULTY would @$6.31 per share you would get 3,169 shares, I’m only gonna use one dividend payout for this because they usually stay consistent in this range @0.1035 times your 3,169 shares you would get every week around $328 dollars, which would be $1,312 within a month, I hope this helps and lol I didn’t use AI to type this out, much blessings to you and your family!
In my opinion, I’m not tryna control you by any means, but I would use my Robinhood margin with that 10k and invest in weekly dividend paying stocks, such as YMAX & ULTY, you can retire and collect passively every week, and if you still want to do options feel free, I just don’t here too much of people talking about weekly dividends. Stay blessed!
If you put all your money into YMAX how much would you make on dividends haha
Hell yeah. I got into yieldmax last year and I'm BIGLY positive right now on MSTY, ULTY and YMAX
You don’t have to do much more than own YMAX to know you’re completely fucked
Before going all in just try it out with a smaller investment. If you’re just looking for cash payouts you could check out the Yieldmax ETFs such as YMAX etc.
ULTY,YMAX,LFGY, CHPY for weekly divs.🥸
YEILD MAX my friend, ULTY, YMAX, MSTY, do some research (not to much this is WSB) get that port working harder, u can sell options to us degens and take back some more money on top. Cant wait to see that first screen shot of weekly payout 🤩
I am building my YMAX dividend paying instrument. Check it out!
Got P&D’d huh? Just sell Cover Calls or take the L put it in YMAX and collect weekly dividends.
[This is why YMAX sucks](https://testfol.io/?s=5XTmZRTqDaG). If you just invest in the underlyings, you will outperform from a total returns perspective. Note that comparison isn't perfect because testfolio has a 25 security limit, but you get the point. You can create cash flow whenever you want on anything by, you know, selling shares. Total return is the only thing that matters. That's essentially what happens to YM funds, by the way. On ex div date, your NAV will decrease to match the payout - the same thing as if you just sold regular stock. Now, that being said, people buy and sell options for rational reasons: If you are bullish on these stocks, you should just buy them outright or buy calls on them to increase your leverage. If you are neutral but want to hold, and think the option premium will outperform any stock price increases or decreases (if any), you should sell calls against those stocks. If you're bearish, you should just sell. Covered call strategies have their time and place, but YM cash flow blinds people into not really analyzing the amount of risk they're taking on. Would you sell naked uncovered at-the-money puts on single ticker volatile stocks? No? Then perhaps YM isn't right for you.
1k dividends a week from YMAX 🤑
Think I'm sticking to just doing 100k in ETFs...YMAX pays out about 1k a week on it. This whole sideways BS man..
Anyone else use YMAX etf? Shit gives some good weekly dividends. 50k of shares gives about 800 per week payout
Love this, thanks for the encouragement. I bought 500 shares of MSTY on Tuesday or Wed. It's not looking good right now. I also bought 150 shares back near the all time lows, $17's but still my cost basis is way higher than current market price. I plan of dumping 20% of our total household net into MSTY, ULTY, CONY, TSLY, PLTY and either YMAX, YBIT. On the dream these preform like they have historically, over the next 3 years. Once I'm playing with house money I won't be so concerned but right now after only 2 months in these funds, it's been so-so, still ahead with the distributions. If things playout ok, even 50% of historical returns I'll be able to work if I want to, and wife will be a homemaker. At the very least, I plan to take a couple of nice international trips with the distributions. This isn't our life's savings, our retirement accounts, or anything like that. But my wife doesn't quite understand it or the amount going into it.
Should’ve bought something like YMAX or MSTY. At least it’ll pay you a dividend. 100k of YMAX would pay you 1400$ a week right now. Almost 5k a month. You’d make close to 60k of it back in a year. Dividend reinvestment and it’ll be closer to 80k. Stock goes up and dividend goes up and you’re in an even better position. Just a suggestion, NFA
No what I mean by being aggressive is not to sink all your money into etfs. Nothing wrong with having conviction in a company like NVDA, or another growth tech stock. I’m in AMZN, META, AVGO, NVDA as well as ETFs. What has turned out to be my biggest holding is AMZN. I invested in it 20 some odd years ago and it’s up 18,000%. For me, when I was younger I wanted that type of growth. Dividend paying stocks and ETFs are great but shouldn’t be your only holdings. Diversify. This probably won’t be a popular opinion but I’m looking at YMAX funds currently. Will do my due diligence and then decide if they fit my risk tolerance. If I do nothing crazy. Best of luck.
High risk - fast COIN Call for Dec… pick a strike price that it has recently touch but is far from… Purchase riskier, smaller value contracts for companies at 52 Week lows… like Pepsi or UNH. (UNH is in a free fall, be careful there) Take profits when you see them, keep using your day trades throughout the week (no more than 3 in 5 days) - just my 2c 🤓 Moderate risk - slow All in on —> MSTY ULTY YMAX Good luck NFA
Bottom line I’ve discovered is they all suck at different things. I was with Webull for like 12 years then we had the first big dip. They panicked, raised the maintenance on some of my holdings then sold off half of my YMAX right at the bottom in a matter of minutes, as I was on the phone with them trying to figure it out. I left soon afterwards and they dragged their feet on the ACAT transfer to Robinhood. That adventure cost me $5k in losses. Robinhood is no prize but the options interface is very easy for a beginner like me to figure out and the margin rates are great. Also their support is pretty good, and they explain things well. Which is great because the reports are pretty sucky lol. I’ve also got accounts at Schwab (little money here, they were horrible at working through a fraud on my credit card, and there support is helpfully useless and never resolved anything on one call) and Interactive but I haven’t taken all the tutorials yet. They approved me for level 3 there.
I've been putting money into YMAX (high dividend ticker). It pays a weekly dividend that I'm currently reinvesting back into shares. Once I'm able to make the mortgage payment with dividends, I'm going to be withdrawing the dividend payment and start making double payments. As soon as the mortgage balance is equal to the dollar value of my shares, I'm going to sell and use the lump sum to payoff the mortgage.
Maybe you need to do some reading first. [ROC](https://www.investopedia.com/terms/r/returnofcapital.asp) is a payment, or return, received from an investment that is not considered a taxable event and is not taxed as income. There are different [dividend types](https://www.irs.gov/taxtopics/tc404): ordinary, qualified, and ROC. YieldMax pays out dividends that are a mix of these. Take, for example, YMAX's 10/25/2025 [dividend](https://www.yieldmaxetfs.com/wp-content/uploads/TaxDocuments/YMAX%20Supplemental%20and%20Tax%20IRS%20Form%208937/YMAX%2019a-1%20Notice%20(Payable%20Date%2010.25.24)%20Final.pdf). You can see that ordinary income is 64%, and 35% ROC.
I was losing a lot on options because I was a beginner so now I just buy YieldMax or Defiance income funds, they do options and pay out decent distributions. Look into them if you’re done with doing options yourself, YMAX or MSTY are good to start looking at. I realized if I had lost $10k doing options, with these income funds, I can lose even 50% NaV and get distributions back…there’s a lot to it too but I just didn’t wanna think too much about it
yes, this is why YMAX etfs are the things to buy. insane returns that benefit from this insane valuations.
MSTY, AMDY, SCMY, NVDY, YMAX, ULTY or/and YBIT. Perfect time to get into any of these
no i assumed you started with 1k and turned it to 100k. even 10k would net you about 800 a month depending on the YMAX you pick
Literally every YMAX call costs 0.05
Buy into high income ETFs like XDTE, YMAX, SPYI, JEPI etc and then use a portion of your distributions to buy into your 3 fund portfolio of VOO, SCHD, and SCHG. Make sure that your $130k is in a high yield savings account until you finish DCAing
i went to the YMAX sub, those guys are basically a corn cult in disguise. i asked them why they don't buy CRSH which is tsla short yieldmax - which has returned 33% since the beginning of the year, and all their replies were to buy more msty lmao. every stock sub is just cult buyers man, timing doesn't exist - even in the most telegraphed crash in the history of crashes.
He can make good dividends, ex $8500 into MSTY can get you est $500 per month but DYOR! This is not financial advice. Stay away from options! MSTY PLTY USOY IWMY NVDY SNOY YMAX
buy 30k worth of CRSH get paid 4000 a month live in south east asia - pref thailand 420 and ladyboys + cost of living all come out to less than 1200 a month. pocket the rest of reinvest in another YMAX
Yup now moved most of them to VOO, SCHG, VGT, YMAX Still holding some stupid stocks which are big down
The same thing as always. A combination of dividend growth and income. SCHD and some consumer staples. Then some JEPQ and YMAX to keep ramping up that passive income. By the way. It's absolutely comical to read all these things Reddit investment experts who are now shilling for international. 🤣
Keep in mind dividends weekly are derivatives; dividend payouts weekly depend on performance of the underlying stock. But if we take a low mid high result on 50 shares of YMAX that I have held since December 2024. Lowest was $4, mid was $7 and high was $9. Price per share today is $14.77. 20k worth would be 1354 shares. I have 50, so 27 times what I have been getting. So low $108, mid $189, and high $243. Thats between $400 to $800 a month. I diversified and mixed in some SPY, other Yieldmax ETFs, some REITs and more high dividend stocks. Do not take this as financial advice and please do your own research on dividend stocks. I'm only investing like 5k a year on long term holds, and I plan to hold for 20 years.
Switch from options to yieldmax funds I like YMAX and MSTY the most
This looks like it comes from /r/qyldgang I’d add JEPQ or YMAX if you are looking for new similar ETFs
YMAX funds are a great hedge.
There's a lot more competition in the income-focused covered call space now, and they've pretty much all been outperforming JEPI [SPYI,XDTE,YMAX,VOO,JEPI Stock Chart (Dividends Reinvested, Inflation Adjusted) | Total Real Returns](https://totalrealreturns.com/s/SPYI,XDTE,YMAX,VOO,JEPI)
You could stick it in those YMAX ones
try this instead: [https://www.reddit.com/r/dividendfarmer/comments/1hofu1z/building\_a\_dividend\_portfolio\_and\_the\_rule\_of/](https://www.reddit.com/r/dividendfarmer/comments/1hofu1z/building_a_dividend_portfolio_and_the_rule_of/) you can rebuild, just like my uncle did. Put enough YMAX together, and you can cover a lot of expenses.
Should have invested in MSTY and YMAX. Much better ETFS. YMAX weekly and MSTY will double you up in 1 year
If you really want to try this I would suggest you just buy a diversified option income etf and let someone else handle the option trading. Ex: YMAG, YMAX
I mean at quick glance if I read everything correctly you have 400k, jepqs monthly div is like .50 a share. If I'm mathing correctly that gives you 3500 a month, I imagine after taxes that's pretty close to what you want no? Check out yieldmax, specifically YMAX, weekly distribution, their other funds are awesome too, MSTY specifically.
you could invest that into YMAX or ULTY and just collect dividends every week.
Probably some BBLU, SPBC, XDTE & RDTE. BBLU is a cheap blue-chip ETF with good holdings for $13.50 per share. SPBC combines 80% or so S&P500 exposure with Bitcoin (20%) in one fund. XDTE & RDTE pay weekly dividends with a relatively stable NAV that has recovered. YMAX & YMAG also pay weekly dividends that are higher than XDTE/RDTE but more riskier. If you believe the stock-market will be bullish, there are leveraged ETFs such as SSO, TQQQ or SPYU but they are more risky due to market downturn but can amplify returns during a bull market.
Yes, I can add money slowly. I'm at negative $22k all time. I'd like to be positive. I'm up 14% this week. When I dont know what play to do I stick my money in YMAX.
You should read up on what they do and how they make their money. I own both and have done well for me and consistent dividends. Most YM funds are based on the underlying stock, NVDY, MSTY have been the top performing YM funds but there are people that also hold YMAG and YMAX since they hold different YM funds it tends to be more stable and less NAV erosion.
Some yield max stocks may be interesting to have a small portion set to that can help build. YMAX, CONY and NVDY are just ones I have enough of now to each dividend buy at least 1 new share. Big thing is be consistent and don’t get worried. You’re doing fantastic.
I really like YMAG and YMAX.. diversified option income funds. I throw 20% in each of those (they pay about 0.75% per week) And then I use the another 40% to wheel QQQ and SPY. The last 20% I’ll use to wheel or hold my favorite single company tickers.
I'm not sure what to do today.. I bought 2,000 shares of BITO on Margin, bought 1DTE SPY calls, and am full port on MSTY, SMCY, YMAX, and other regarded YieldMax stuff that I bought at the last dip. My name is Ivan, I am a recovering Ghey Bear, and I have no idea what to do when my portfolio turns deep green.
Got: XDTE - S&P weekly paying 0DTE RDTE - Russell 2000 weekly paying 0DTE QDTE - NASDAQ weekly paying 0DTE YMAX - Yieldmax Fund of Funds EQCL (dot) TO - basically VT but with CCs and a 12% yield on cost We'll either explode with each other or do well.
https://totalrealreturns.com/s/SPY,YMAX,JEPI YMAX has performed better than JEPI and is up since inception.
Risk. NAV erosion. The actual index performing better over the long run. Taxes in a taxable account. Some distributions are return of capital rather than purely income. QDTE seems to suffer from NAV erosion more than XDTE. Both suffer less than YMAX funds. IMO, S&P500 covered call strategy has less implied risk than QQQ.
First off, if you are in the accumulation phase, I would think you would want to go for aggressive growth ETF's rather than high yield dividend stocks. That said, take a look at https://finviz.com/. One of the screens is a stock screener that you can screen for stocks that have a "BUY" rating and dividend rate above 9%, that should give you a bunch to look at. Here are a few individual stocks you might want to look: RITM - RITHM CAPITAL CORP @ 8.74%, PMT - PennyMAC Mortgage @ 11.7%, EPD - ENTERPRISE PRODS PARTNERS L P @ 7.46% or JEPQ - JPMorgan Nasdaq Equity Premium Income @ 9.71%. If you are really gutsy look up YMAX @ 39.86 or YMAG @ 36.50.
Managed to perfectly hedge my port by selling YMAX yesterday and buying SQQQ instead. Its kept my P&L +/- $1-2 all day
Dumped all my YMAX this AM and switched it into SQQQ.
Meh.. got bored with 25% and went back to NVDY. YBIT is juicy too. YMAX and YMAG pay 40%.
Stick to YMAX and YMAG. Single ticket ETFs are too risky.
Easy $YMAX. Put $100000 and you’re making almost 4k per month
Been in since Nov, reinvesting the payouts. Yes YMAX is the broad one. I like JPMO bc I think JPM is a less risky stock but still a decent yield. I have some but less money in CONY but I wanted COIN exposure but with less volatility.
Is the broad spectrum one YMAX? I like the JPMO one. That's the exact one I was thinking about trying out. This is super cool. How long have you done this for? Lol. I agree with you, it wouldn't be wise to double up. I'm in Google and as much as I love it, I don't need to double my risk on it.
Get interesting in dividend trading buy GUT and hold forever buy all YMAX funds and take a break
I'd suggest to study and practice with real money for two years while working because you will not be consistent at first. But if you really want to quit your job, I'd suggest to at least put some capital on YMAX and FEPi so that you have consistent monthly distributions for your daily needs while you're doing your own option trading.
I wouldn't call them a scam. You have to research the fund to become familiar with the expected performance and the risks involved. Most of the ones I've played with have done well. YMAX, NVDY, CONY, and FEPI are all up from a year ago. Now, some of these are also VERY new so it is difficult to say what they will do long term. But, these are absolutely not growth funds. That isn't their objective. Their objective is covered call income. But, if you are familiar with covered calls, you can project how they will perform. - They are likely to out perform the underlying when things are sideways. They will be able to collect most of the upside that comes while also generating options premium income. (So, in the market condition that happens least often, they are awesome.) - Their gains will be capped in a bull market. Even with the options premium, there is a good chance the underlying will out perform them. But, you'll probably enjoy the dopamine hits from the dividends payouts that come monthly. - In a bear market, you'll watch in horror as your investments shrink and reverse split into oblivion. The good news is, the premiums should actually be higher... so you might be able to mitigate some of the carnage by enabling DRIP. You'll still lose a lot of money and by the end of the bear market, your monthly income will be a faction of what it was before. So... your brother is betting on 2022 being the last bear market the world will ever see. If he is right, then I think this is an excellent plan. (He's obviously wrong, so this is a stupid plan.) He really needs to research these funds.
Imo the best ones I've come across so far are JEPQ, FEPI, and YMAX. Each has its own pros and cons JEPQ most diversified out of those with still decent growth opportunity but lesser yield since calls are on index vs individual stocks YMAX is a fund of funds and has more exposure/diversification than FEPI but the funds in it are synthetic covered calls (vs covered calls of FEPI) and more actively managed than FEPI FEPI some potential tax advantages (in USA at least) which would allow someone to potentially use even less investment to reach the current income amount they need If one has tons of money but needs current income I could see doing all JEPQ if one wants more diversification but I'd rather use the higher yield ones (I'm more preferential towards FEPI but a combo of FEPI and YMAX wouldn't be terrible) to get more bang for your buck with then using what's left over and put it into what stocks/ETFs/investment vehicles, etc for growth one likes and that fits one's time horizon (or future inheritance one wants to leave time horizon) All three should theoretically appreciate over the long term, say 5-10+ years out even without reinvestment unless the markets as we know them completely change, but still if possible always nice to be able to continue to DCA with time if someone has the money available if the markets in the near-mid term result in them producing less income than expected Worst case (besides utter worst case of things changing as we know them) I sorta view them as better versions of an annuity if they don't end up panning out with stable/decent nav appreciation over time (would need market to shit the bed repeatedly with then no real recovery afterward long term)
Look into div stocks. Holding tradional stocks like VOO isn’t gonna get you anywhere these days riding the coattails of Wall Street unless you’re writing covered calls or cash secured puts (options). You need to be in more proactive stocks. I’m 29 and have learned this. Stocks like JEPQ not only have good capital appreciation but they pay you monthly in high dividends so you basically DCA for free. Also, look into YMAX, QDTE (pays weekly but newer), FEPI. These stocks are newer so don’t put as much into them, but def keep your eye on them. JEPQ performs similar to SPY. Also, look into options. Options are the best way to invest now which these ETF’s use and how their dividends are distributed. Covered calls on SSO would be a good start until you work your way up to SPY and QQQ which are the 2 big dog market cap ETFs that pay extraordinarily well. But its capital intensive. Good luck bro!
Roth or Trad Ira. High income? YMAX. safe? JEPI.
Not the question you asked but have you considered taking social security now, waiting til 70 possibly means you'll need to live past 80-82 to make up what you're forgoing over that up to 5 year period and that doesn't include time value of money/opportunity cost aspect of what you could invest that money in (and/or the money that you have earmarked for dividend funds to replace it as monthly income currently) If after factoring in current tax ramifications (like how much of the social security would be taxed) if it isn't too crazy it's probly worth it to live off of the SS and invest whatever you have left over wealth wise in the applicable investments that fit your time horizon, which if you expect to live past 80+ given willing to wait on SS then I would think outside of having a moderate amount extra per month from dividend funds on top of the SS (if dividends are still actually needed with taking SS) the rest you'd want in growth Higher dividend ETFs with still some diversification are things like FEPI, YMAX, etc, maybe blend of both since would allow a little more diversification if both cause of each strategy on the underlying, I think current overlap of round 10 companies so round ~30 company diversification between the two though there are higher correlations between certain companies out of those 30 which wouldn't really protect in a complete and utter market crash/world ending but should protect from any one single company/basket of highly correlated companies doing terrible FEPI at least currently should be classified return on capital so wouldn't necessarily have much tax ramifications for the first few years and since higher payout (with what should theoretically be decent nav stability and likely even appreciation over a 5-10+ year time horizon) let's you use less to reach your income goals on top of SS and have more in growth without a capped upside Also don't know if you did medicare stuff yet but just an aside to consider medigap plans (if you can afford them) like plan N, G, etc if you aren't past the initial enrollment window (or are in good health for underwriting/in state with guaranteed yearly enrollment and want to switch to one if past the initial enrollment window)
Put 1-2k into YMAX or ULTY
There are a bunch of theta focused funds like YMAX, QQQY and JEPQ.
Start taking most of your money and put it into VOO and don't touch it for 36 years. ROTH IRA, too. There's also stuff like covered call income ETFs like JEPI, YMAX, QQQY, JEPY, and SVOL.
I made a bunch off NVDY. It's all good when it's all good. A two-digit drop like we saw with TSLA and COIN is a death sentence without dripping. That's a huge red flag for me. I'll watch YMAX and YMAG to see if I can trust the fund managers but for now I have some capital losses to make up for so I'm betting on NVDA still being undervalued and bitcoin not shitting itself again. I'll park a nest egg in FEPI too because they actually know what they're doing with the staggered CCs. NAV looks good there and it's tracking a basket not itself like YMAX/YMAG.
There's a person asking why CONY went up the past few days on the YMAX subreddit, literally doesn't know what the fund does but bought it...
I am intrigued by these two new ETF,s YMAX & YMAG. Bought 120 shares between them. Wanted to get in early to stay in the loop. I already own JEPI JEPQ & FEPI, love all three, however, I may sell JEPI and use those funds to reinvest all of it in FEPI. Will triple my monthly distribution income by doing so. As of now I am positive on all 5.