What Is Tsly
Summary:
The YieldMax TSLA Option Income Strategy ETF (TSLY) is an actively managed fund that aims to generate monthly income by selling call options on TSLA. It also seeks exposure to the stock's share price and uses derivatives such as options to create its portfolio. TSLY aims to provide current income and capped gains on the Tesla stock through a synthetic covered call strategy.
TSLY refers to the YieldMax TSLA Option Income Strategy ETF, which is an actively managed fund that aims to generate monthly income by selling call options on TSLA (Tesla, Inc.). This ETF seeks exposure to the stock's share price and uses derivatives, such as options, to create its portfolio. Essentially, TSLY aims to provide current income and capped gains on the Tesla stock through a synthetic covered call strategy.
Sources
![Unlocking Passive Income with TSLY YieldMax: A Deep Dive and Strategy Guide](https://i.ytimg.com/vi/v2R58uYqO-0/maxresdefault.jpg)
![Beware Of TSLY And Its 57.81% Dividend Yield — It Just Doesn't ...](https://miro.medium.com/v2/resize:fit:1200/1*6_JDzeesx5Oq3YEMAF3KWw.png)
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