Jun. 05, 2025 2:22 AM ETYieldMax Ultra Option Income Strategy ETF (ULTY)ULTYYavuz Akbay374 Followers(10min)YieldMax Ultra Option Income Strategy ETF offers high income via option premiums but suffers from capital erosion and high fees, making it risky for long-term investors.Recent gains were driven by a few overbought stocks; with momentum fading, I expect the Fund to face resistance at $6.30 and likely oscillate below.Short-term 'hit-and-run' trades may work when holdings are strong, but alternatives like YMAG and JEPI offer better risk/reward and lower fees.Given technical resistance and ongoing risks, I rate ULTY as 'Hold,' expecting sideways movement between $6.00 and $6.30 in the coming months.Torsten AsmusThe YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) typically invests in 25 to 30 underlying stocks selected for their high implied volatility, which helps maximize option premium income. ULTY is designed for income-focused investors and offers high distribution yields, butThis article was written byYavuz Akbay374 FollowersYavuz Akbay is quantitative analyst with over 5 years of experience in interpreting complex financial data, developing complex mathematical models and modeling and forecasting. Utilizes machine learning algorithms to enhance financial analysis and provide accurate and timely recommendations. Yavuz holds a Bachelor of Business Administration and now continuing Master's of Economics.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments