Get early access! Join the Twelve Data AI Assistant waitlist now.
41.47000 USD
1.32
3.29%
Last update Sep 19, 3:59 PM EDT
Market closed
Day range
39.84000
41.59000
Previous close
40.15000
Open
39.84000
Access this ETF data via API
Subscribe
YieldMax CVNA Option Income Strategy ETF
41.47
1.32
3.29%

Overview

Description

YieldMax CVNA Option Income Strategy ETF is an exchange-traded fund designed to provide investors with a unique approach to income generation through options strategies. The primary function of this ETF is to generate attractive yields by employing a structured option strategy focused on covered calls, utilizing options based on the underlying stock of Carvana Co., a prominent player in the e-commerce auto sales industry. This ETF allows participants to gain exposure to Carvana's stock while simultaneously seeking to enhance income through the collection of option premiums. YieldMax CVNA Option Income Strategy ETF leverages the financial dynamics of the automotive sector, particularly focusing on the burgeoning trend of online vehicle transactions, which has seen significant growth due to consumer preferences for digital and contactless purchasing experiences. By capitalizing on the option income potential, this ETF serves as a tool for investors aiming to balance capital appreciation opportunities with regular income streams. The fund plays a noteworthy role in broadening income-generating opportunities for investors who are interested in the innovative intersections of financial products and emerging market sectors, offering a strategic avenue for income diversification in portfolios.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 12 hours 35 minutes

15:24
00:00
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).