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