A High-Yield Way to Invest in Mega-Tech Stocks

[ETF Daily News]( September 5th, 2023 SPONSORED AD [5 Stocks to Buy Immediately]( Luke Lango is one of America's leading tech investors. He's found 14 stocks that have gone up more than 1,000% - including NIO for 3,353%, AMD for 6,149%, and Chegg for 2,554%. Now he's revealing his top 5 stocks for the AI Revolution, starting under $2 a share. [Click here to download this list for free.]( [A High-Yield Way to Invest in Mega-Tech Stocks]( YieldMax’s first four ETFs launched in November 2022 and really caught investors’ attention. Yields up to almost 79% will do that. Recently, another seven YieldMax ETFs started trading on the stock exchange. Let’s take a look at whether these new single-stock ETFs are worth your time and money… A covered call options strategy involves selling call options for income backed by shares in your portfolio. In recent years, the strategy has spread to ETF sponsors, who offer funds that generate income through selling options. These funds have used broader market indexes, such as the S&P 500, as their underlying asset. YieldMax has launched covered call ETFs on individual stocks, as well as some more narrowly focused ETFs. According to the prospectus, the funds use a synthetic covered call strategy to provide income and exposure to the share price returns of the underlying stocks. According to the YieldMax prospectus, the strategy provides: - Exposure to the share price returns of the stock. - Current income from the option premiums, and - A limit on the Fund’s participation in gains, if any, of the share price returns of the stock. Here are the first four YieldMax ETFs that launched in November. Included are the underlying stocks or ETFs and the current yields reported on the company’s website: YieldMax ARKK Option Income Strategy ETF (OARK) applies the strategy to the Ark Innovation ETF (ETF). OARK yields 57.4%. YieldMax AAPL Option Income Strategy ETF (APLY) “covers” Apple, Inc. (AAPL). APLY yields 32.94%. YieldMax NVDA Option Income Strategy ETF (NVDY) applies the strategy to NVIDIA Corporation (NVDA). NVDY yields 41.02%. YieldMax TSLA Option Income Strategy ETF (TSLY) is the covered call ETF for Tesla, Inc. (TSLA). TSLY yields 69.36%. These are eye-popping yields. Dividends and yields will vary, and the high yields come from the high volatility of the underlying stocks. On August 24, YieldMax launched another group of… Continue reading at [INVESTORSALLEY.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 ETF Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019