John Hood
Tesla (TSLA) Yield Shares Purpose ETF
YTSL-O
DON'T BUY
Jun 13, 2025
New thing that's come out, a single-stock ETF that you write options on. No diversification. You collect the premium from the options (which can be very good), but it's for people who want more risk. Not for him.
Holds a single stock, cover-write a third of the portfolio, which gives you income. The more volatility, the more income, and Tesla is volatile. But this very risky. A small holding in your portfolio, at best.
New thing that's come out, a single-stock ETF that you write options on. No diversification. You collect the premium from the options (which can be very good), but it's for people who want more risk. Not for him.