Positive
Seeking Alpha
2 months ago
BIGY: Targeted 12% Distribution With Options Strategy
The YieldMax Target 12 Big 50 Option Income ETF offers a more diversified, large-cap covered call strategy targeting a 12% yield, providing less single-stock risk than typical YieldMax funds. The fund uses flexible option strategies, including call spreads, to balance income generation with some upside participation, aiming to limit NAV decay. Despite strong relative performance and stable distributions, BIGY's low AUM raises questions about its long-term viability and investor interest.
