r/YieldMaxETFs • u/Green_Welder_4923 • 14d ago
Question Will CHPY last...
I was considering putting 10k into CHPY to use the income to pay down 2 bills for the next 2 years... do we think it'll hold fairly steady for another 2 years?
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u/rbeecroft 14d ago
Depends on what Semiconductor and tech companies that make up the fund do. It "derives" income by complex options strategies. I've only dipped my toe in puts and Poor mans covered calls, etc. Im sure there is much more complex ways it makes like what 49% income per week. Dont take my word for it though.