T-Rex 2X Long Nvidia Daily Target ETF Stock Discussion

TheOracleOfBroMaha : Wtf

10baggerbamm : I'd rather have capital appreciation I'd like to see this ETF $25 by the end of the first quarter next year

IM TRADER : Because everyone was scared to death ~

Azraee Mamat : Once a year. Annual dividends

DarkHolder : nobody knows, not all TRex ETFs distribute gain like this (not dividend), and they normally announce it last minute

10baggerbamm : if you look at the options and you don't know what you're looking at right now with today's expiration at a 17 strike they're over two dollars so somebody who doesn't understand would say I'm going to sell a call naked and I'm going to collect $2 because the stocks only at 15 and 1/8 and you're going to get screwed blue and tattooed because that option includes the $2 and change for the distribution. so for today's expiration whatever option you're looking at you need to understand there's no free lunch that they factor in that $2 distribution into those strike prices so really you're looking at 15 and 1/8 + $2 in change so that puts this ETF at 17 and a quarter and that's how you need to factor it against those contracts.
for January 3rd everything is correct relative to the current price of the ETF so if you want to sell calls for January 3rd or beyond or by puts whatever those strike prices are correct relative to the current price of the ETF

四五六 : Have your dividends been paid

KTKL OP 四五六 : Not yet

Hare Tao : When will the dividends be credited?

DarkHolder : yes they will

梦斯德 : They did deduct 30% of US tax! So is it better i sell before that lol. This is so out of sudden

DarkHolder : payment date is 26 (US time) and moomoo usually will receive one day later

STD0313 OP DarkHolder : Thank u

151843130 : you will get money.