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AMZY

15.58000 USD
0.2
1.27%
Last update May 23, 3:59 PM EDT
Market closed
Day range
15.43000
15.69000
Previous close
15.78000
Open
15.53000
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YieldMax AMZN Option Income ETF
15.58
0.20
1.27%

Overview

Description

YieldMax AMZN Option Income ETF is an exchange-traded fund designed to offer investors enhanced income through an options strategy centered on Amazon (AMZN) stocks. The primary function of this ETF is to generate monthly income by employing a covered call writing strategy, which involves holding AMZN shares and selling call options on those shares. This allows the fund to potentially earn option premiums, aiming to provide consistent, attractive payouts to its investors. As part of the broader financial services sector, the YieldMax AMZN Option Income ETF is targeted at investors seeking a combination of steady income and exposure to one of the largest technology companies globally. The ETF plays a significant role in the market by offering a specialized alternative for income-seeking investors who wish to leverage the growth potential of Amazon while mitigating some risks through the strategic use of options. This particular approach allows the fund to participate in the potential upside of stock price movements while utilizing options to generate additional income.

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 2 days 3 hours 7 minutes

00:52
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).