Opinions
Larry Berman CFA, CMT, CTA
YieldMax NVDA Option Income Strategy ETF
NVDY-N
DON'T BUY
Dec 16, 2024
$23.000
Stock price when the opinion was issued
0
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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An ETF that has derivatives around it to generate extra income. These are gimmicks. They found a way to charge a management fee for you to buy a stock, just by adding an options strategy. For example, NVDY has underperformed the stock NVDA by 50%, yet charges a 1% MER.
If you like the underlying stock, just buy that and forget about the yield.