Negative
Seeking Alpha
2 days ago
NVDY: Holding NAV While Paying High Yields
YieldMax NVDA Option Income Strategy ETF offers high income via synthetic covered calls on Nvidia, with capped upside and full downside exposure. NVDY has shown resilience since April 2025, maintaining NAV while delivering robust distributions, disproving the notion that such ETFs always erode NAV. Risks include potential NVDA corrections, which can reduce both share price and distributions, and the inherent limits on upside recovery after drawdowns.