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27.76000 USD
0.11
0.39%
Last update Apr 9, 3:59 PM EDT
Pre-market
Day range
27.16000
27.98000
Previous close
27.87000
Open
27.57000
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YieldMax TSLA Option Income Strategy ETF
27.76
0.11
0.39%

Overview

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Description

The YieldMax TSLA Option Income Strategy ETF is a specialized exchange-traded fund designed to generate income and manage risk through derivative strategies linked to Tesla Inc. stock. This ETF employs a covered call writing strategy, using options that target shares of the renowned electric vehicle manufacturer. Its primary function is to offer investors exposure to Tesla's stock, complemented by the potential for additional yield derived from options premiums. This setup allows stakeholders to earn income beyond the standard dividends or capital gains associated with direct stock ownership. Notably, this ETF appeals to those interested in the automotive and renewable energy sectors, reflecting Tesla's role as a leader in electric vehicles and sustainable technology. Positioned within the niche of strategic investment vehicles, the YieldMax TSLA Option Income Strategy ETF provides a unique opportunity to capitalize on option-based income strategies, underscored by the market dynamics and fluctuations associated with Tesla's stock performance.

About

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

Exchange is currently open for pre-market.
Main market opens in 51 minutes

08:38
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).