The YieldMax AMD Option Income Strategy ETF (AMDY) is an actively managed ETF launched on September 18, 2023, aiming to generate monthly income via a synthetic covered call strategy. It uses options contracts tied to Advanced Micro Devices, Inc. (AMD) stock, without direct investment, to collect premiums while capping potential gains. Distributions are paid monthly, with a high yield potential, though subject to market volatility and risks.
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