Tuttle Capital Pure Play Photonics ETF

FOTO

Market cap $123M

Optical stocks have emerged as a bountiful play on the artificial-intelligence trade, but Friday's selloff is putting a damper on that momentum.

Riverside, Connecticut--(Newsfile Corp. - June 16, 2026) - Tuttle Capital Management today announced that options on the Tuttle Capital Pure Play Photonics ETF (CBOE: FOTO) began trading on Cboe Options (C1) and EDGX Options on June 5, 2026, following the Fund's launch on May 29, 2026. The addition of listed options - standardized, exchange-traded contracts that give the holder the right to buy or sell FOTO shares at a set price before a specified date - gives investors further tools to manage their photonics exposure, including the ability to hedge existing positions, express a directional view with defined risk, or generate income through covered calls, an options strategy in which an investor sells call options against shares they already own to collect premium income.

The first phase of the artificial intelligence investment trade was relatively straightforward: if you wanted to capture the AI boom using familiar names, you bought semiconductors. The VanEck Semiconductor ETF (SMH) became the default for this theme, with over $9 billion in net inflows over the past one year.