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.
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.