We’ve just launched a new portal to help you explore stocks, crypto, ETFs, and more data

TQQY

18.47000 USD
0.14
0.76%
Last update May 7, 3:02 PM EDT
Market closed
Day range
18.28000
18.47000
Previous close
18.33000
Open
18.42000
Access this stock data via API
Subscribe
Granite YieldBoost QQQ Fund
18.47
0.14
0.76%

Overview

Description

The Granite YieldBoost QQQ Fund is an exchange-traded fund (ETF) designed to maximize income through innovative options strategies tied to the Nasdaq-100 Index. This fund primarily generates yield by selling put options on leveraged ETFs that track the Nasdaq-100, specifically targeting instruments like the ProShares UltraPro QQQ. To manage risk and help cushion against sharp declines in the index, the fund also purchases put options on those leveraged ETFs. The GranitYieldBoost QQQ Fund aims to make monthly distributions, making it attractive to income-seeking investors. Its approach differs from traditional yield-focused ETFs, which often sell call options; instead, it employs a distinctive put-selling methodology to enhance income potential while maintaining leveraged exposure to the Nasdaq-100's performance. This structure enables the fund to play a unique role in the market, offering enhanced yield opportunities while incorporating elements of downside risk control—catering to those seeking alternative income strategies linked to technology and large-cap growth equities.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
XNMS
Market closed

Exchange is currently closed
Pre-market opens in 3 hours 5 minutes

00:54
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).