Bull Flagging??? Sure Looks It To MeGreat Sunday to all my TradingView peeps out there!
I present a potential play to you that not only provides a NASTY dividend yield (152.78%) but also looks to be forming a bull flag that possibly gives you an upcoming 20% increase in share price... With that being said, I'd like to present a what
Key stats
About Tidal ETF Trust II YieldMax COIN Option Income Strategy ETF
Home page
Inception date
Aug 15, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
CONY aims to generate monthly income while providing exposure to the price returns of Coinbase Global Inc. stock (COIN), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of COIN by purchasing and selling at-the-money calls and puts that have one- to six-month terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approximately 0%-15% above COIN's current share price. This limits participation in potential gains if COIN shares increase in value. The short put positions fully expose investors to the downside of the stock. Note: the fund does not invest directly in COIN stocks. Thus, investors are not entitled to any COIN dividends.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
Easiest 5% I've ever made with CONYTook this quick scalp on CONY after ex div and mini jump from BTC was all I needed to get the fresh juice off CONY. Reminder to take trades only once it's past SMA 50! Not silver bullet, but I tend to do way better when I get this validation and it jumps higher so it's worth it from a timing / profi
CONY - Buy/Hold/DCA through Crypto Bull Cycle - 100%+ dividendI continue to load up on shares whenever we get into the buy zones. I also hold COIN. Both are holds for me through the BULL Crypto Cycle. IMO CONY reaches and exceeds all time high during this period. Dividends of 100%+ paid monthly are crazy good. As long as you keep your cost basis to prices down
CONY: A Very Speculative Buy w/ Chart Pattern w/Bitcoin&CoinbaseFundamentals:
CONY is a covered call strategy. If bitcoin collapses again, the CONY will go bust. It could turn into a dividend trap. It is highly speculative. However, if bitcoin propels forward or goes sideways, then these two scenarios will be best for CONY.
Technicals:
Plan: To trade CONY
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CONY trades at 8.06 USD today, its price has risen 1.42% in the past 24 hours. Track more dynamics on CONY price chart.
CONY net asset value is 7.74 today — it's risen 13.24% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CONY assets under management is 1.13 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CONY price has risen by 3.84% over the last month, and its yearly performance shows a −65.39% decrease. See more dynamics on CONY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.38% increase in three-month performance and has decreased by −8.44% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 4.38% increase in three-month performance and has decreased by −8.44% in a year.
CONY fund flows account for 1.55 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CONY invests in bonds. See more details in our Analysis section.
CONY expense ratio is 1.22%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CONY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CONY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CONY shows the neutral signal. See more of CONY technicals for a more comprehensive analysis.
Today, CONY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CONY shows the neutral signal. See more of CONY technicals for a more comprehensive analysis.
Yes, CONY pays dividends to its holders with the dividend yield of 161.01%.
CONY trades at a premium (0.26%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CONY shares are issued by Toroso Investments Topco LLC
CONY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 15, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.