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TSMY

14.92000 USD
0.42
2.90%
Last update May 2, 3:57 PM EDT
Market closed
Day range
14.74000
14.95000
Previous close
14.5
Open
14.74000
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YieldMax TSM Option Income Strategy Fund
14.92
0.42
2.90%

Overview

Description

The YieldMax TSM Option Income Strategy Fund is an exchange-traded fund focused on generating income through a sophisticated options strategy. This fund is designed to provide investors with exposure to the income potential derived from options trading, particularly by employing strategies such as covered calls or put writing on assets akin to those related to Taiwan Semiconductor Manufacturing Company (TSMC). Its primary function is to supplement traditional investment portfolios by offering an alternative source of income, appealing especially to investors seeking higher yield opportunities in a low-interest-rate environment. Within the broader financial markets, this fund impacts sectors closely aligned with technology and semiconductor industries, reflecting TSMC's prominent position as a key player in semiconductor manufacturing. By targeting income strategies linked to TSMC's underlying performance, the YieldMax TSM Option Income Strategy Fund allows investors to potentially benefit from the volatility and price movements associated with semiconductor stocks. Therefore, it plays a significant role in enhancing the diversification of investor portfolios and adding an innovative approach to income generation through its specialized options strategy.

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 1 day 16 hours 9 minutes

11:50
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).