Tappalpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN) closed at $24.08 on October 30, 2026, down 3.6% from the previous close, on volume of 161,675 shares (30-day average 77,945).
Data as of October 30, 2026.
No press releases found.
TappAlpha Cboe Magnificent 10 Growth & Dly Inc ETF declares $0.4402 dividend
Seeking Alpha News (Tue, 27-Oct 3:44 PM ET)
The Fund seeks current income while maintaining prospects for capital appreciation. The Fund's secondary investment objective is to seek exposure to the performance of the CBOE Magnificent 10 Index ("MGTN" or the "Index"), subject to a limit on potential investment gains. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objectives through long exposure to the ten companies that comprise the Index, while simultaneously using a call option strategy to generate income. The Fund is designed to provide investors with exposure to the performance associated with the Index, subject to a limit on potential gains, while providing incremental income. The long component of the strategy consists of replicating the Index by investing in the common stock of the 10 issuers that comprise the Index. The options portion of the strategy uses a daily covered call option strategy that sells "out of the money" call options with zero days to expiration each day, known as a "daily call." Daily call options having zero days to expiration are also known as "0DTE" options. The Cboe Magnificent 10 Index is an equal-weighted benchmark composed of 10 large-cap U.S.-listed technology and growth-oriented companies with listed options.
Tappalpha Cboe Magnificent 10 Growth & Daily Income ETF trades on the BATS stock market under the symbol TMGN.
As of October 30, 2026, TMGN stock price declined to $24.08 with 161,675 million shares trading.
TMGN has a beta of 2.29, meaning it tends to be more sensitive to market movements. TMGN has a correlation of 0.80 to the broad based SPY ETF.
TMGN has a market cap of $41.90 million. This is considered a Sub-Micro Cap stock.
TMGN support price is $24.59 and resistance is $25.35 (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 TMGN shares will trade within this expected range on the day.
