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SMCY

21.040001 USD
0.77
3.80%
Last update Jul 15, 3:59 PM EDT
Pre-market
Day range
20.71000
21.29000
Previous close
20.27000
Open
20.75
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YieldMax SMCI Option Income Strategy ETF
21.04
0.77
3.80%

Overview

Description

Ym Smci Optimum Income Strategy ETF is a type of exchange-traded fund designed to provide income through a strategic approach. This ETF primarily focuses on combining equity exposure with options income strategies, aiming to generate a steady stream of income for its investors. It seeks to do this by investing in a diversified portfolio of high-quality stocks and employing covered call strategies on these holdings. The fund primarily targets sectors with robust dividend-paying stocks, enhancing the yield through options premiums. This approach is particularly appealing to investors looking for a method beyond traditional fixed-income investments, especially in a low-interest-rate environment. The ETF's structure allows for better tax efficiency and liquidity compared to other income-generating investments. With a focus on capital preservation and income generation, the Ym Smci Optimum Income Strategy ETF plays a significant role in the market by offering a balanced vehicle for income-focused investors who wish to enhance yield while managing risk. It is an innovative product for those seeking to diversify their income sources in a cost-effective and liquid manner.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Pre-market

Exchange is currently open for pre-market.
Main market opens in 5 hours 6 minutes

04:23
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).