from24/7 Wall St.
3 days agoWhy Aren't Dip-Buyers Excited About MSTY's Low Prices? Is Now the Time to Buy?
The YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) has been a falling knife of sorts so far this year, now with a year-to-date loss of 44%. Undoubtedly, the stock chart doesn't look all too great, but with one of the largest distribution rates out there, currently sitting just over 92%, some brave dip-buyers who buy into the strategy may wish to keep on buying up the shares as prices continue to sink lower.
Business