Yieldmax Amzn Option Income ETF

AMZY seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.

CHICAGO, MILWAUKEE and NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the YieldMax™ AMZN Option Income Strategy ETF (NYSE Arca: AMZY), which seeks to generate monthly income via a synthetic covered call strategy on Amazon.com, Inc. (AMZN). AMZY is actively managed by ZEGA Financial. The ETF does not invest directly in AMZN.

News for Yieldmax Amzn Option Income ETF ETF (AMZY)