$YieldMax TSLA Option Income Strategy ETF (TSLY.US)$ Any new...

72766350 : I find it confusing that a product that pays a consistent 4% or better every month is getting hammered into oblivion.  It seems like every portfolio would want these yieldmax etf's, but the value just keeps dropping.  In spite of the dividend payments, I'm way under water.  I just don't get it.

Starlocke 72766350 : Tesla is dropping so TSLY drops as well, it’s setup that way.

Gonna Fly Starlocke : but when tsla rise by alot.. tsly doesn't follow up close.. if u realize..

Hexx Gonna Fly : That's because the upside is capped by the call option. So when TSLA has a sharp rise, TSLY won't be able to follow at the same rate. But when TSLA has a sharp fall, like it is doing right now, there is nothing to stop TSLY from also having a sharp fall. This is one of the problems with an ETF like TSLY and the other YieldMax ETF's.

Gonna Fly Hexx : I see.. cos this tsly I believed.. for holders who are more than few months in tgt till now.. is should be all in losses by a significant margin..

SkyHero OP Gonna Fly :

Vicloo : would TSLY profits from sudden sharp price drop on options contracts?

LG Crypto Starlocke : Agree. Look at the past 30 day chart of both side-by-side. I’m good buying into TSLY at 11.50

Kcler : Actually drop not bad just have more time to add more

70671937 72766350 : read prospectus.