YieldMax TSLA Option Income Strategy ETF [TSLY] Stock Forecast

YieldMax TSLA Option Income Strategy ETF uses a combination of call and put options to trade Tesla stock without actually owning the shares. The ETF uses a synthetic covered call approach, meaning it outperforms Tesla when the stock rises slowly but underperforms it when it rises quickly. The single biggest determinant of the Fund's performance is still Tesla stock, and investors may lose significant principal if the stock declines significantly.

The Tidal Trust II YieldMax TSLA Option Income Strategy ETF offers investors the opportunity to earn a yield on Tesla stock through the selling of options. The fund utilizes a synthetic covered call strategy to replicate the returns of Tesla stock without actually owning the underlying shares. Despite its high dividend yield, the ETF has underperformed Tesla in terms of total returns since its inception in November 2022.

The S&P 500 Index showed strong resilience amid volatile conditions, underscoring economic optimism and steady inflows. We have highlighted five ETFs from different corners of the investing world that have gained more than 40% this year.

JPMorgan Equity Premium Income ETF is the gold standard of covered call ETFs due to its unique options strategy and 8% to 10% long-term return guidance. Comparisons have been made between JEPI and challenger ETFs like DIVO and SPYI to determine if they can surpass JEPI's ultra-high-monthly yield and excellent returns. Retirees and income-focused investors can learn about safe-covered call investing through JEPI and compare it to the YieldMax TSLA Option Income ETF and its strategy.

The YieldMax TSLA Option Income Strategy ETF aims to harvest the call option premium from TSLA shares through a covered call strategy. While call-writing is a tried and true strategy employed by many funds, they are more suited for stable indices instead of volatile single stocks. The major drawback from covered call strategies is that they cap upside while not really protecting downside. TSLY's recent drawdown is a testament to this weakness.

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The YieldMax TSLA Option Income Strategy (TSLY) ETF has underperformed the Tesla stock and the S&p 500 index even as inflows in the fund jumped. The TSLY stock has risen by more than 80% this year while Tesla shares have jumped by over 140%.

The YieldMax TSLA Option Income Strategy ETF (TSLY) offers exposure to Tesla via options positioning, sacrificing some capital gains potential for option premium income of around 3-4% per month. While the surge in Tesla's stock has seen TSLY underperform TSLA since November, the stock has once again become extremely overvalued, with less potential for significant gains. This should allow the TSLY to outperform TSLA significantly over the coming months as the 3-4% monthly income from call sales far exceeds their losses.

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The YieldMax TSLA Option Income Strategy ETF uses a synthetic covered call strategy. The TSLY ETF is expected to leave holders with considerable alpha due to the difference between its yield and expected NAV erosion. Distributions vary, but its most recent monthly payout of 6.32% translates to an annual rate of 75.32%.

YieldMax TSLA Option Income Strategy ETF is a US stock and trading under the symbol TSLY

YieldMax TSLA Option Income Strategy ETF stock price is $13.3766 today.

Yes, YieldMax TSLA Option Income Strategy ETF is a publicly traded company.