Why This Investor Trusts ULTY Even As The Market Dips – Here’s My Strategy

Why This Investor Trusts ULTY Even As The Market Dips – Here’s My Strategy

The YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) has been making rounds on Reddit again. That jumbo yield, which tends to hover in the ballpark of 80-120%, is a major reason why. Indeed, that’s the type of yield that seems too good to be true. And while ULTY has delivered on the payout, investors have had to brace themselves for substantial capital downside. Indeed, whenever you have a falling share price but a whopping yield, you m…