Tidal Trust II YieldMax ABNB Option Income Strategy ETFTidal Trust II YieldMax ABNB Option Income Strategy ETFTidal Trust II YieldMax ABNB Option Income Strategy ETF

Tidal Trust II YieldMax ABNB Option Income Strategy ETF

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Key stats


Assets under management (AUM)
‪18.21 M‬USD
Fund flows (1Y)
‪18.53 M‬USD
Dividend yield (indicated)
48.61%
Discount/Premium to NAV
2.5%

About Tidal Trust II YieldMax ABNB Option Income Strategy ETF


Issuer
Toroso Investments Topco LLC
Brand
YieldMax
Expense ratio
0.99%
Inception date
Jun 24, 2024
Index tracked
No Underlying Index
Management style
Active
ABNY aims to generate monthly income while providing exposure to the price returns of the Airbnb stock (ABNB), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of ABNB by purchasing and selling at-the-money calls and puts that have one- to six-month terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approximately 0%-15% above ABNB's current share price. This limits participation in potential gains if ABNB shares increase in value. The short put positions fully expose investors to the downside of the stock. Note: the fund does not invest directly in ABNB stocks. Thus, investors are not entitled to any ABNB dividends.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Hotels, resorts & cruise lines
Strategy
Buy-write
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Cash
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
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Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.