This summary was created by AI, based on 1 opinions in the last 12 months.
The experts seem to agree that the NVDY-N ETF with its options strategy is not a favorable investment. They believe that the use of derivatives to generate extra income is a gimmick and that investors would be better off just buying the underlying stock. NVDY-N has underperformed the stock NVDA by a significant margin and charges a high management fee. Overall, the consensus is that this ETF is not a wise investment choice.
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.
YieldMax NVDA Option Income Strategy ETF is a American stock, trading under the symbol NVDY-N on the NYSE Arca (NVDY). It is usually referred to as AMEX:NVDY or NVDY-N
In the last year, 2 stock analysts published opinions about NVDY-N. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for YieldMax NVDA Option Income Strategy ETF.
YieldMax NVDA Option Income Strategy ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for YieldMax NVDA Option Income Strategy ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of YieldMax NVDA Option Income Strategy ETF published on Stockchase.
On 2025-01-10, YieldMax NVDA Option Income Strategy ETF (NVDY-N) stock closed at a price of $22.37.
There are a number of these single-share ETFs. Some of them have covered calls in them, and this may be one of them. Problem is they have lots of leverage, like a bug looking for a windshield. Day trading, not investing.