The YieldMax Ultra Option Income Strategy ETF (ULTY) has seen its market price decline over 25% from February to August, causing analysts to downgrade it to a 'hold'. Despite the decline, ULTY offers an attractive 86% distribution yield paid weekly, appealing to risk-tolerant investors. Critics view ULTY as unsustainable, fearing that the high yield will eventually diminish. Conversely, some investors see current prices as a buying opportunity and continue to accumulate shares, betting on ULTY's innovative use of trading tools to potentially recover in the long term.
The YieldMax Ultra Option Income Strategy ETF (NYSEATCA: ULTY) has captured the attention of many investors who have no qualms about rolling the dice and maintaining a high appetite for risk.
With an 86% distribution yield paid out weekly, ULTY has attracted investors seeking high returns despite a significant drop in market price since February.
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