Why ULTY is on My Buy List

The latest update on ULTY’s holdings.

Hey, MFG!

YES! YES! YES!

I hope October is treating you well so far!! With the final quarter of the year upon us, now is the perfect time to go all in on your goals. Let’s go!!!

One of my key objectives this year has been to double my monthly dividend income, and I’ve been steadily buying various funds to achieve that.

The results have been positive—I’ve collected a significant amount of dividends, and my portfolio has grown exponentially since the start of the year.

Each week, I focus on building or drip-adding to one fund. Last week, I was adding to The Defiance Oil Enhanced Options Income ETF (USOY).

This week, I’m targeting the YieldMax Ultra Option Income Strategy ETF (ULTY), and I’m planning to make a substantial add to my position. ULTY is one of my favorite YieldMax funds.

Let’s take a look at the ULTY chart:

A stage 2 breakout is underway in ULTY. Price closed right at its 20-day simple moving average (SMA). I’m a buyer here and plan to add a nice chunk to get my dividend payment to $1,000 per month.

Let’s further dig into ULTY and its new holdings for October.

-GP a.k.a Fullauto11 🧙🐼

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Looking for a group of likeminded people to trade with? Text alerts and the MFG Discord. Text GP 1-936-661-7786 or email GP fullauto11@gmail.com to join.

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Why ULTY is on My Buy List

The distribution rate is over 100%!! It’s 112.93% to be exact. This fund pays a fat monthly dividend. Since its inception, ULTY has paid over a $1.00 or pretty close to it. Below are its monthly distributions since March.

ULTY Explained

One of my favorite option-income funds is the YieldMax™ Ultra Option Income Strategy ETF (ULTY). ULTY ULTY 0.00%↑ is an actively managed ETF designed to generate monthly income using covered call strategies on a selected group of underlying stocks.

The fund's primary objective is to provide current income, while its secondary goal is to gain exposure to the price movements of its underlying securities, with a cap on potential gains.

ULTY manages a portfolio of 15-30 stocks, generating income through covered-call strategies. YieldMax owns these securities, and the investment team meets regularly to review performance and adjust the portfolio as needed, swapping stocks in and out based on results.

Recently, some stocks have been added and removed from the portfolio. This month, Jay switched out quite a few stocks just like last month.

Let’s take a look at ULTY’s holdings for October:

[See current ULTY holdings above. New additions are highlighted in green.]

As I mentioned earlier, the YieldMax team meets regularly to discuss options strategies and portfolio performance. Every so often the fund manager, Jay, restructures the ULTY portfolio. This month, Jay made quite a few changes.

I like to check the new holdings every month. I find it interesting how they swap stocks in and out. It’s very cool to see the TQQQ, one of the MFG’s favorite swing and day trading funds, added to the ULTY portfolio.

Latest ULTY changes 👇👇

👉👉 ASTS, CLMT, MARA, NVAX, RDFN, RUN, SG, TEM, TQQQ, TSLA, and VKTX were added.

👉👉 AI, AVGO, CHWY, FGXXX, IOT, PLTR, QQQ, SMCI, SMMT, and ZS were swapped out.

👉👉 If you want to learn more about how to earn monthly income from options with no options knowledge required. Check out my article below. 👇👇

GP’s Wrap-Up

The YieldMax Ultra Option Income Strategy ETF (ULTY) is an actively managed fund designed to generate monthly income using covered call strategies on a selected portfolio of 15-30 underlying stocks. ULTY focuses on high-yield income through options premiums, and the portfolio is regularly adjusted by the management team based on performance and market conditions.

In Discord, I have a channel that you must request access to join called the Extreme-Yield channel. In this channel, members post their daily buys and any other valuable information they find regarding these high-yield funds. Make sure to do your own research first.

👉👉Read up on options-income funds, how they work, and what the risks are.

👉👉If you would like to join the Extreme-Yield channel, text me and I’ll add you.

Also, make sure to subscribe to The Peters Report to stay up to date on ULTY’s holdings and stay one step ahead of the markets! I track the markets and scan all of my charts daily, if not multiple times a day. This is literally all I do. I’m at my trading desk 24/7, MFG!

Always remember, whatever you think about comes about, whatever you focus on grows. - GP

Looking for a group of likeminded people to trade with? Text alerts and the MFG Discord. Text GP 1-936-661-7786 or email GP fullauto11@gmail.com to join.

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