YieldMax COIN Option Income Strategy (CONY) March 2025 Dividend
Announced
Confirmed • December 27, 24
Ex Date
Reached • March 06, 25
Pay Date
Paid • March 07, 25
Description
Community
41 Comments
If I sell the stocks due to the drop, I'll lose $6,000, but I've received $23,000 in dividends, so it's okay. I'm not going to sell the stocks and will continue to receive dividends. Once I get my salary, I plan to keep buying.
yes it does. brokerage counts drop as new money for cost basis.. I have bought 85k of cony. it is worth 150k because of drip.. but my brokerage says I am down 36k.. I think he was saying if he liquidated he would have 23k more than he put in..but his brokerage will say that is a 6k loss
no it doesn’t….CONY inception date and his stated payout don’t add up….take the 678 he says he made this month….times the inception date payout. Most months CONY has paid $1 other then 8 months it paid 1.50 or 2…..so total months of payouts 17….plus the addition of 8 months would be 678x25…..which comes to 16,950….give or take a few bucks but not 25k
It's not right to simply multiply the dividends you're receiving now. I sold part of CONY to buy TESLA and NVIDIA. Before selling, CONY was receiving more dividends.
so since this is a CONY thread and that’s not what you said in your original post I based it off of what you posted…next time I’ll put on my kreskin helmet and ordain all the information or you could just be more specific when you post numbers.
How so? It is relevant to the drop in coinbase price. Synthetic covered calls are slated for income with little downside protection. You win by either holding, dripping or both, not complaining.
this dude says not complaining. you have no idea how yield max profits from our money. we take enormous amounts of risk and get paid $0.60 a share. CONY has dropped steadily over the past year, even with DRIP…it’s difficult to swallow the losses. If you don’t like the comments…don’t reply boss
Everybody profits from your money. You invested in Yieldmax because of your own greed, so did I and everybody else. There is a method to the play. Learn the play.
so the div has been stated at 0.5989/share….almost exactly where I said it would. CONY is down from $30/share a year ago to $10. Did you all expect it would continue to pay the same amount when the SP erosion is so bad? It’s just not possible. When stock events posts the div instead of the 1.05 currently showing I’ll share mine. it’ll be around $80 half of what it would be. Additionally .60 payout on a $10 stock is really good. I’m sure there are those that won’t see it that way but life sucks then you die. 😶
The price dropped like most stocks in the market, we need to be patient. Those who went the opposite way gained a bit. The market goes up and down, and unfortunately, Coinbase Global dropped almost by half and the ETF follows it. But if COIN goes up again, there will be a legendary comeback for the stock.
so I decided to buy 15 shares when it hit 11.48 today. I’m gonna wait for a day to 2 to see if it drop more for the other $280
I have 15 shares of it, but if it drops further I’ll sell it. I have already lost almost $20 on it because I bought when it was above $12 🤔
Haha, what? Bro, that's what it's about, being patient. I'm losing 400 USD. And relax. Haha.
each has to invest in their own way. it’s surely your choice to bail when you choose to to minimize losses. Yieldmax funds are not a retirement solution. They are a good way to get very good dividends off minimal money. The NAV on cony is sitting at $9.73. Last months payout was 1.05. I honestly don’t believe it will be anything more then .50 this time due to its SP erosion this month. I could be very wrong as YM doesn’t give out its strategy. The ex dividend date is next week. IMO You should at least hold till that day then sell if the dividend is not what you need it to be. That way you’ll still get the dividend and your money will have made something instead of nothing but eroded. Just my 2c sir 🙂
