MSTY 주식 배당, 함정인가 아니면 틈새 아르바이트인가? 💸

So what about the idiots that bought MSTY at $100, $80, $60, $40, $30? Do they have to go back to work?

The yieldmax stuff is poison. Understand the dividend comes out of the MSTY price. If the MSTR stock goes up a lot that can offset the hit from the dividend. It’s basically paying you the capital gains from the stock in the form of a dividend. Over time the stock needs to keep moving higher constantly or the dividend is just paying you back with your own money and then you owe taxes on the dividends while also (probably) having a loss on MSTY.

Google won more % than msty. Intel won more % than google.

It’s definitely not free income. With funds like MSTY, you have to look at total return, not just the distribution. The big yield is coming from the option strategy and the volatility of MSTR. That can work really well when the underlying is moving the right way and volatility is high, but the distribution is not the same thing as a normal company dividend. The risk is that you collect big payouts while the NAV keeps bleeding over time, especially if MSTR chops around, drops, or the covered-call strategy caps too much upside during strong moves. So I’d track it like this: what is your total return after distributions, taxes, and price change? If the answer is still good, great. But if the “income” is just offsetting NAV decay, it’s not a part-time job, it’s just a different way of packaging risk.

Even after the past 2 months MSTY is still down 21% over the past 6 months and down 46% over the past year with dividends reinvested. You’re taking on slightly less risk than MSTR with much less upside. When MSTR ran up 314% from 9/6/24-11/20/24, MSTY was only up 170% including dividends. When MSTR was down 73% from 7/16/25-4/2/26, MSTY was still down 67% including dividends. There is immense risk in MSTR and the idea behind covered calls is you’re giving up some upside potential for income. When you’re taking on almost the full risk of MSTR but selling away your right to the upside you will underperform over the long term. This is the farthest thing away from a cash substitute, like I said it’s down 47% over the past year with taking into account dividends. If the market drops to the point that you would like to buy it, you absolutely don’t want your cash in a fund that would drop by more than the market.

Look at the share price graph from 2024. to today the share price has been dropping every year. This drop is due to the design of the fund. It pays out more in dividned than it earns from covered calls It is called NAV erosion This is a common feature of all yield max funds It takes unusual market conditions to see a share price increase. And that increase doesn't last long. It is a yeild trap. your initial investment gradually drops so you loose money every year. And as the share price drops the dividend payout also drops.But by using reverse stock splits YieldMax keepsThe b the share price above zero and that keeps the yield high. You basically loose money every way possible with YieldMax funds. Most covered call funds with yields higher than 20% Covered call funds with a yield of 10% or less often don't have NAV erosion. Between 10% and 20% is gray area and it can be hard to tell if the fund has or does not have NAV erosion. What you want to see in covered call funs is a slow gradual increase in share price year after year.

Traps. You want make money without sell shares. Sell put and calls within appropriate strike price and exp date