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This Nvidia ETF Has a Shocking 48% Dividend Yield. Is It Too Good to Be True?

TheMotleyFool

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This Nvidia ETF Has a Shocking 48% Dividend Yield. Is It Too Good to Be True?: https://g.foolcdn.com/editorial/images/782473/data-center-2022.jpg

The YieldMax NVDA Option Income Strategy ETF (NYSEMKT: NVDY) uses the power of covered call options to create an exceptional income stream from Nvidia (NASDAQ: NVDA) stock. But there's a catch. In this video, I explain how the YieldMax ETF works, and what investors should know before they start chasing an amazing yield.

*Stock prices used were the morning prices of July 2, 2024. The video was published on July 3, 2024.

Source Fool.com