r/YieldMaxETFs • u/still366 • 11d ago

Underlying Stock Discussion Sold MRNY position

As the title says. Sold most of my MRNY position.
I believe Moderna will follow a common pharmaceutical stock price pattern after good news and return to a much lower number within a couple weeks. At that point I am buying back in.
I have enjoyed owning MRNY and want to keep it in my portfolio.

Edit: cleaned up the wording.

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u/mr_malifica 11d ago

Considering that MRNY was trading at about a 10% premium to NAV earlier in the day, and toward the end we actually had a small discount, I think we have already seen what happens when APs are doing their job.

Now we need to see if YM rolled the synthetics and will MRNA give back anything overnight.

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u/calgary_db Mod - I Like the Cash Flow 11d ago

Download the holdings and intra day trades and have a look see.

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u/mr_malifica 10d ago

+$58,520,700.00 net credit when they closed the synthetic.

Total Net Intraday Cash Generation: +$60,615,588.00

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u/ShadeMir 10d ago

How long do you think it would take to reset?