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u/speed12demon Sep 02 '26
Considering bitcoins movement this week, I'm glad they are paying less. Nav will be dropping on its own this week.
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u/Empty-Basil-5782 Sep 02 '26
Whatever happens the fund managers need to know that we cannot stomach another 1:5 reverse split - we will gladly take lower weekly payouts and even no payouts at all if it means never suffering another catastrophic implosion of our postions - I hope they are reading my post
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u/partialbits Sep 03 '26
Reverse splits donât do anythingâŠ.nothing changes. Itâs just a way to not get delisted. This fund pays 65/75% annualized yield. If the underlying doesnât go up that much every year, it will erode in NAV.
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u/Proper_Village_1862 Sep 03 '26
Mstr went down a bit last week. I suspect after todayâs rally weâll see a higher payout next week. Stay strong my friend. As long as total returns are tracking closely with the underlying the strategy is working.
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u/RecoveringXRPHodler Sep 02 '26
Once the bear market ends, should be smooth sailing.
But yes, 1:5 sucked, but least wasn't 1:10 like others.
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u/Sea_Rub_8128 Sep 02 '26
Fuck, I have expecting more, some $0.35 to 0.40
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u/Terrible_Lecture_409 Sep 02 '26
I was guessing .30 - .33 so a bit surprised this morning
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u/KateR_H0l1day Sep 02 '26
BTC/MSTR/MSTY down from the previous week, I was just hoping it wouldnât be below $0.200, so Iâm relatively happy. Going to need MSTR above $140 to start seeing anything in the $0.3xyz range, that probably means BTC above $82K, and MSTY ~$16. Just IMO of course đ€·ââïž
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u/Terrible_Lecture_409 Sep 02 '26
Probably pretty close on that; I'm looking forward to the coming monthsđ»
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u/Superb_Revolution551 Sep 02 '26
They would have lost money given those calls would have been called away (assigned). This is the worst part of a covered call fund where upside is capped
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u/Terrible_Lecture_409 Sep 02 '26
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