xETFs NVDA Daily Income ETF | NYYY
xETFs NVDA Daily Income ETF (NYYY) seeks to provide current income and equity market exposure through a systematic daily options strategy. The fund maintains exposure to an underlying stock while generating income by writing call options daily on up to 25% of notional (initial target of 10%) with weekly distributions.
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xETFs NVDA Daily Income ETF (NYYY) seeks to provide current income and equity market exposure through a systematic daily options strategy.
The Fund seeks exposure to the underlying equity while generating income by writing call options daily.
Distributions are paid weekly.
Writes call options daily to generate income, with distributions paid weekly.
Seeks to retain 90% participation in equity upside by targeting to sell 10% notional value of options.
Seeks to maintain 100% equity exposure overnight and through the weekend.
Equity Exposure: Seeks exposure to the underlying equity through stock purchases or derivatives such as swaps or options.
Daily Option Writing: Writes call options on a target 10% of the portfolio each trading day.
Daily Reset: Closes option positions at or near the end of each trading day.
Weekly Distributions: Seeks to pay weekly distributions.
NYYY | Daily income generation with equity market exposure
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