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XYZY

8.74000 USD
0.01
0.11%
Last update May 9, 3:59 PM EDT
Post-market
Day range
8.66000
8.83000
Previous close
8.75
Open
8.71000
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YieldMax XYZ Option Income Fund
8.74
0.01
0.11%

Overview

Description

YieldMax XYZ Option Income Fund is an actively managed exchange-traded fund designed to generate current monthly income through an options-based strategy. Rather than investing directly in the equity of the underlying company, the fund focuses on selling or writing call option contracts tied to the share price of a specific company, aiming to capture option premiums as a primary source of income. This approach is intended to provide investors with recurring distributions, albeit variable and not guaranteed, and involves capped participation in the potential upside of the underlying stock while retaining full exposure to its downside risk. The fund is non-diversified, meaning it may concentrate its assets in a limited number of holdings, which could increase risk related to single issuers. Utilizing derivative instruments such as options introduces additional factors including market volatility, liquidity, counterparty, and valuation risks. YieldMax XYZ Option Income Fund is structured to appeal to income-focused investors seeking yield from strategies linked to well-known equities, while its performance and principal value can fluctuate significantly due to its reliance on options and the behavior of the underlying asset.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
XNYS
Post-market

Exchange is currently open for post-market.
Post market session closes in 3 hours 56 minutes

16:04
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).