The YieldMax AI Option Income Strategy ETF (AIYY) is an actively managed ETF launched on November 27, 2023, designed to generate monthly income through a synthetic covered call strategy. It provides indirect exposure to C3.ai, Inc. (AI) stock, using options contracts to capture income from premiums while limiting potential gains. Distributions are paid monthly, with a focus on high yields, though returns may vary due to market volatility.
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