3-Jan-2025
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YieldMax Launches Its First Target 12 ETF Introducing the Target 12 Big 50 Option Income ETF (BIGY)
Globe Newswire (Thu, 21-Nov 6:55 AM ET)
YieldMax Target 12 Big 50 Option Income ETF investment objective is to seek current income. BIGY's secondary investment objective is to seek capital appreciation via investments in a select portfolio of 50 of the largest U.S. companies. Fund is an actively managed ETF that seeks a target annual income level of 12% and capital appreciation via direct investments in a select portfolio of 50 large cap companies (each a "Big 50 Company"). BIGY considers a "Big 50 Company" as one of the 50 largest U.S. companies (in terms of market capitalization) whose U.S.-listed equity securities have options contracts that are sufficiently liquid, as determined by BIGY's investment sub-adviser. BIGY seeks to generate a target annual income level of 12% primarily by writing (selling) options contracts on some or all of its portfolio companies. BIGY seeks capital appreciation via direct investments in the Big 50 Companies. ZEGA will typically evaluate and select the Big 50 companies every quarter.
Tidal Trust II Yieldmax Target 12 Big 50 Option Income ETF trades on the ARCA stock market under the symbol BIGY.
As of January 3, 2025, BIGY stock price climbed to $50.86 with 3,588 million shares trading.
BIGY has a market cap of $8.90 million. This is considered a Sub-Micro Cap stock.
BIGY support price is $49.70 and resistance is $50.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIGY shares will trade within this expected range on the day.