The yieldMax NVDA Option Income Strategy ETF (NYSEMKT: NVDY) uses the power of covered call options to create an exceptional income stream Nvidia (NASDAQ: NVDA) stocks. But there’s a catch. In this video, I explain how the YieldMax ETF works and what investors need to know before they go hunting for great returns.
*Stock prices used were morning prices of July 2, 2024. Video was published on July 3, 2024.
Should You Invest $1,000 in Tidal Trust II – YieldMaxDA Option Income Strategy ETF Now?
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Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting their services. If you choose to subscribe via their link, they earn a little extra money that supports their channel. Their opinions remain their own and are not influenced by The Motley Fool.
This Nvidia ETF Has a Shocking 48% Dividend Yield. Is It Too Good to Be True? was originally published by The Motley Fool
