일드맥스 주배당 ETF 정리

1. 일드맥스 커버드콜의 전략

커버드 콜 전략을 이용하여 고배당을 주는 일드맥스 상품에 투자함으로 매월 제2의 월급을 받을수 있습니다.

매월 받는 배당으로 경제적 자유에 한발짝 다가설수 있으면 좋겠습니다.

일드맥스와 관련한 정보는 아래에서 확인이 가능합니다.

https://www.yieldmaxetfs.com/msty/prospectus

MSTY Prospectus

www.yieldmaxetfs.com

2. 내용

Scenario 1 (Standard Strategy): Selling a Covered Call on an Underlying Security

● Underlying Security Share Price: $100

● Strike Price of Sold Covered Call: $105

● Premium Received: $2

Outcome if the share price of the Underlying Security increases to $110:

1. Share Price Increase: The Fund does not participate in the Underlying Security’s gain above $105 because the

Fund sold a call struck at $105.

○ Gain on Underlying Security: $5 (i.e., $105 - $100 = $5)

2. Call Premium: Fund retains the initial $2 premium.

3. Total Gain: $7 (i.e., $5 gain on Underlying Security, plus $2 premium)

Scenario 2 (Opportunistic Strategy): Selling a Covered Call Spread on an Underlying Security

● Underlying Security Share Price: $100

● Strike Prices of Covered Call Spread: Sold Call at $100, Purchased Call at $102.50

● Net Premium Received: $2

Outcome if the share price of the Underlying Security increases to $110:

1. Share Price Increase: The Fund does not participate in the Underlying Security’s gain between $100 and $102.50 because the Fund sold a call struck at $100 and purchased a call struck at $102.50.

2. Net Premium: The Fund retains the net premium of $2.

3. Long Call Gain: The Fund participates in the Underlying Security’s gain above $102.50 because the Fund

purchased a call struck at $102.50, which results in a $7.50 gain (i.e., $110 - $102.50 = $7.50)

4. Total Gain: $9.50 (i.e., share price increase $0, plus $2 net premium, plus $7.50 gain on the purchased call)

Comparison:

● Covered Call: Gain is capped at $7, as participation in the Underlying Security’s gain is capped at the sold call’s

$105 strike price.

● Covered Call Spread: Gain is $9.50, as the call spread provides additional upside participation beyond the

purchased call’s $102.50 strike price. Furthermore, the Fund’s gain potential is not capped (i.e., if the value of the

Underlying Security’s share price increases further, the Fund’s gain would also increase further).

Conclusion: In this scenario where the Underlying Security increases to $110, the opportunistic covered call spread strategy yields a higher total gain of $9.50 compared to the $7 gain from selling a simple covered call. The opportunistic covered call spread allows the Fund to participate in potential upside beyond the strike price of the purchased call, resulting in the potential for additional gains to the Fund. Further, if the Underlying Security’s share price increases further beyond the strike price of the purchased call, the opportunistic covered call spread strategy allows for continued participation in the upside through the increasing value of the purchased call. This results in the potential for additional gains for the Fund. In contrast, the standard covered call strategy’s gain potential is capped at the strike price of the sold call.

3. 그룹별 종목 (2024년 11월)

A 그룹 첫째주	TSLY, CRSH, GOOY, YBIT, OARK, XOMO, SNOY, TSMY	주당 0.5$
B 그룹 둘째주	NVDY, DIPS, FBY, GDXY, BABO, JPMO, MRNY	주당 1$
C 그룹 셋째주	CONY, FIAT, MSFO, AMDY, NFLY, ABNY, PYPY, ULTY	주당 2$
D 그룹 넷째주	MSTY, YQQQ, AMZY, APLY, AIYY, DISO, SQY SMCY	주당 4$

홈페이지에 각 ETF 가 보유하고 수량 확인 가능

샘플) MSTY 의 보유 현황 -> 현금성 자산 81%

SecurityName	Shares	MarketValue	Weightings	NetAssets	SharesOutstanding
MSTR 02/21/2025 315.01 P	-30535	-235687869.3	-20.47%	1148765100	36625000
United States Treasury Bill 01/16/2025	15445000	15349446.88	1.33%	1148765100	36625000
United States Treasury Bill 02/13/2025	15498000	15350252.45	1.33%	1148765100	36625000
United States Treasury Bill 03/11/2025	15547000	15349829.53	1.33%	1148765100	36625000
First American Government Obligations Fund 12/01/2031	51160173.89	51160173.89	4.44%	1148765100	36625000
MICROSTR CLL OPT 12/24 445	-815	-1081912.5	-0.09%	1148765100	36625000
MICROSTR CLL OPT 12/24 460	-10000	-11350000	-0.99%	1148765100	36625000
MSTR US 12/06/24 C475	-1500	-1425000	-0.12%	1148765100	36625000
MSTR US 12/06/24 C505	-10000	-7075000	-0.61%	1148765100	36625000
MSTR US 12/06/24 C620	-6545	-1757332.5	-0.15%	1148765100	36625000
MICROSTR CLL OPT 12/24 650	10000	2350000	0.20%	1148765100	36625000
MICROSTR CLL OPT 12/24 670	815	112877.5	0.01%	1148765100	36625000
MSTR US 12/06/24 C710	10000	1440000	0.13%	1148765100	36625000
MSTR US 12/06/24 C720	-1675	-247900	-0.02%	1148765100	36625000
MSTR US 12/06/24 C810	1500	114000	0.01%	1148765100	36625000
MSTR US 12/06/24 C890	6545	412335	0.04%	1148765100	36625000
MSTR US 02/21/25 C315	30535	368481112.5	32.00%	1148765100	36625000
Cash & Other	940054738.5	940054738.5	81.63%	1148765100	36625000