YieldMax Ultra Short Option Income Strategy ETF(AMEX:SLTY)

SLTY pursues a strategy to collect option premiums and profit from the decline of a handful of US stocks. The ETF executes its strategy in two main ways, it constructs a short portfolio of 15-30 selected US equities, ETFs, or equivalent products, either by directly shorting the underlying security or by using derivatives (options) to create synthetic (indirect) short positions. Selection focuses on securities with high implied volatility, as these present greater potential for income from options premiums. The options strategy aims to generate income by selling put and call options on the shorted securities or relevant ETFs, potentially collecting premiums. The fund actively manages various options strategieslike spreads, covered puts/calls, and calendar tradesto balance risk, income, and exposure to market declines.