Report post

What is the yieldmax AMZN option income strategy ETF (Amzy)?

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund 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.

What is Amzy (AMZN) fund?

The fund 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. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.

What is Amzy & AMZN?

AMZY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of AMZN. The Fund’s primary investment objective is to seek current income.

The World's Leading Crypto Trading Platform

Get my welcome gifts