Apr. 10 at 7:01 PM
$CHPY 🐂Sid's "OPINION: (diff forum)
$ULTY gone through weeks of very unusual bloody days in the markets & is still holding . Has decent holdings as well, the issue is the option strategy & harvesting premiums! It could do better, much better.
CHPY would be a better risk/bet than SEMY. I own both, I also own SOXL as a hedge on SEMY. SEMY in spite of it's yield will not be stable with its NAV nor its distributions, it rides on only one fund that has been soaring lately, yet SEMY is stuck in the upper
$16 range. It moves into low
$17 from time to time . Yield boost is a trap specially with only one holding. Yield with these funds is not necessarily income either.
$CHPY ... is diversified unlike SEMY. Don't chase the yields, look at the fund's track record over time. Look at the holdings & how the fund has behaved in relation to its hldgs. These funds depend on volatility and option premiums. Which 6 to 12 month chart shows a better performer ? SEMY or CHPY ?
$SOXY may be worth ..." NFA
