$YieldMax NVDA Option Income Strategy ETF (NVDY.US)$ 52 week high is 19.782 and why my avg price is around 25. Previously is more than that and i bough some fews and now is the current avg price, can someone helps me to explaim, i am just a beginner just start doing stock.
EZ_money
:
it might have something to do with the dividends and funds I thought I've seen some discrepancies before happening but haven't been able to put a pin on it
mamamia619
OPSamKK
:
That was my strategy , ive been cashing in on this stock ever since it was $27 but was advised my users on reddit that this was a bad strat , moreover i have naked puts for this @$7 2027
EZ_money
mamamia619
OP
:
your puts are going to burn more likely. 2027? so you're saying you bought tops and say it's not good because of reddit? reddit sucks and is a joke I'm shocked that the junk forum is still around all these years. if you trade based on reddit you'll probably end up losing money
mamamia619
OP
:
I never said it wasnt good , you need better reading skills. Why would my puts burn ? Im a seller not a buyer. As long as mvdia continues to be profitable , i think ill bag the premium
EZ_money
mamamia619
:
the day they pay out it drops because of funds being used for divs....if you buy when the market is selling off on the day it pays out that's the best time in my opinion. it sucks that you have to wait for divs, but it helps keeping those ETFs for long term. after a correction and payout is the best time.
$YieldMax NVDA Option Income Strategy ETF (NVDY.US)$ now i understand why people don't get dividends. They sold now, which is on the 23rd Apr 25, 8 pm in America, while the ex date is still 4hrs away.
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mamamia619
:
I dont think anybody really sold ? Its just the dividend amount deducted from the stock price
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EZ_money OP : hopefully get a nice run going into ex date
74925762 : No, it should be close to 30.
EZ_money OP 74925762 : yeah I was being conservative