YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF declares $0.158 dividend
Seeking Alpha News (Wed, 5-Mar 12:30 PM ET)
YieldMax Unveils New Weekly Pay 0DTE Covered Call Strategy ETF on the Nasdaq 100 Index
Globe Newswire (Thu, 13-Feb 6:55 AM ET)
YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF is an actively managed fund ) that seeks income and capital appreciation. The Fund seeks to achieve its investment objective by employing a synthetic covered call strategy, designed to generate current income on a weekly basis while also providing exposure to the price return of the Nasdaq 100 index (the "Index"). In executing this strategy, the Fund will utilize call options that reference the Index or on passively managed ETFs that seek to track the Index's performance. Additionally, the Fund will invest in short-term U.S. Treasury securities and money market funds to enhance income from uninvested cash. The Fund's synthetic covered call strategy involves a combination of selling and purchasing call options on the Index or on one or more Index ETFs. Each business day, typically at market open or shortly thereafter, the Fund sells out-of-the-money (OTM) call options on the Index (or Index ETFs) with zero days to expiration ("0DTE") meaning these options expire at the end of the same day they are sold.
Yieldmax Nasdaq 100 0Dte Covered Call Strategy ETF trades on the NASDAQ stock market under the symbol QDTY.
As of March 10, 2025, QDTY stock price declined to $44.84 with 12,197 million shares trading.
QDTY has a market cap of $5.61 million. This is considered a Sub-Micro Cap stock.
QDTY support price is $45.46 and resistance is $47.48 (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 QDTY shares will trade within this expected range on the day.