YieldMax SPCX Option Income Strategy ETF (YSPC) Is The First ETF Built to Generate Income From SpaceX Stock Options
YieldMax just built an ETF to squeeze income out of SpaceX options, but with SPCX already down sharply since going public and no distribution history to show, investors face a genuinely open question about what they are actually buying.
Quick take
Read original at Yahoo Finance YieldMax launched the SPCX Option Income Strategy ETF, a synthetic covered-call fund built around SpaceX, with a 1.01% expense ratio. The fund generates income from sold call premiums, and its strategy caps gains but not losses, posing a risk to the fund's NAV. YSPC has plunged 33% in the past month, eroding its NAV.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
Observations (0)
Log in to add an observation.
No observations yet — add the first.