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MSTY

19.38490 EUR
0.1151
0.60%
Last update Sep 5, 5:27 PM CEST
Market closed
Day range
19.27000
20.46720
Previous close
19.26980
Open
19.5
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YieldMax MSTR Option Income Strategy ETC
19.38
0.12
0.60%

Overview

Description

YieldMax MSTR Option Income Strategy ETC is a security structured as an Exchange Traded Commodity (ETC) that aims to deliver current income by holding the YieldMax MSTR Option Income Strategy ETF as its underlying asset. This fund employs a covered call strategy, actively writing and selling call options on the equity of a single issuer, MicroStrategy Incorporated—a technology company recognized for its significant bitcoin holdings and business intelligence solutions. The ETC is designed to generate monthly income distributions while capping potential participation in MicroStrategy’s price appreciation, meaning investors gain exposure to the underlying’s price movements within defined upside limits. Unlike direct ownership of MicroStrategy shares, holders of this ETC do not receive dividends from the company itself. The structure appeals to those interested in options-based income strategies and seeking targeted exposure to the technology and cryptocurrency sector through MicroStrategy’s performance, but it also entails heightened single-asset and volatility risks due to its concentrated investment approach. Managed by HANetf and incorporated in Jersey, this ETC serves as a specialized tool within European markets for income-oriented investors with a particular focus on derivative-driven equity exposure.

About

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Address
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Instrument type
Common stock
Sector
Industry
Country
France
MIC code
XPAR
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