Over the past decade, Nvidia has produced mind-blowing 30,700% returns, with substantial growth occurring since late 2022 amid the artificial intelligence mania in the market.
The YieldMax NVDA Option Income Strategy ETF aims to provide income based on Nvidia's volatility, currently boasting an eye-popping yield of nearly 75%, attracting investor attention.
Despite Nvidia's significant stock returns, its dividend yield remains low at 0.03%, highlighting the challenge for income investors relying solely on dividends.
YieldMax ETFs target popular stocks like Nvidia and attempt to generate high income through options strategies, with some ETFs providing yields exceeding 70%.
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