YieldMax COIN Option Income Strategy ETF
CONY

$12.86

2.88%

Market Cap: $595M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

115% more capital invested

Capital invested by funds: $12.1M [Q1] → $26M (+$13.9M) [Q2]

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

1.05% more ownership

Funds ownership: 3.16% [Q1] → 4.21% (+1.05%) [Q2]

11% less funds holding

Funds holding: 18 [Q1] → 16 (-2) [Q2]

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

82% less call options, than puts

Call options by funds: $524K | Put options by funds: $2.97M

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Research analyst outlook

We haven’t received any recent analyst ratings for CONY.

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Financial journalist opinion

Based on 6 articles about CONY published over the past 30 days

CONY: Don't Buy This Yield Trap

High-income option selling ETFs like CONY often erode principal value, which makes them a poor long-term investment despite high dividend yields. This fund's structure, involving U.S. treasuries and a synthetic COIN position, is an inefficient way to generate yield from option premiums. CONY outperforms slightly in down and sideways markets, but lags significantly in bull markets, which has lead to a dramatic gap in performance vs. the underlying.

CONY: Don't Buy This Yield Trap

CONY: This High-Yield One-Trick Pony Just Needs To Finish The Race

I recommend buying COIN for growth and CONY for income, as CONY generates high-yield income from writing covered calls on COIN stock. Despite COIN's price volatility, CONY's monthly high-yield distributions offer a compelling income opportunity, especially for those reinvesting distributions as prices drop. Single issuer risk is a concern, but CONY's strategy of generating income from options premiums mitigates losses, making it suitable for income-focused investors.

CONY: This High-Yield One-Trick Pony Just Needs To Finish The Race

YieldMax's New ETF Uses SMCI Option Income Strategy

On Thursday, YieldMax debuted the YieldMax SMCI Option Income Strategy ETF (SMCY). As the latest YieldMax option income ETF, SMCY seeks to provide current income.

YieldMax's New ETF Uses SMCI Option Income Strategy

YieldMax™ ETFs Announces Monthly Distributions on PYPY (101.91%), MSTY (100.04%), FIAT (100.02%), CONY (91.83%), SQY (81.95%) and Others

CHICAGO and MILWAUKEE and NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions for the YieldMax™ ETFs listed in the table below.

YieldMax™ ETFs Announces Monthly Distributions on PYPY (101.91%), MSTY (100.04%), FIAT (100.02%), CONY (91.83%), SQY (81.95%) and Others

CONY: A Derivative Of Derivatives

The YieldMax COIN Option Income Strategy ETF (CONY) aims to generate income through options premiums but doesn't hold COIN stock, leading to capped gains. CONY's performance has been poor, underperforming direct COIN stock investments. Income investors should avoid CONY due to its unpredictable returns and higher risk compared to more stable investment products.

CONY: A Derivative Of Derivatives

YieldMax's New Option ETF Strategy Focuses on TSM

On Wednesday, YieldMax's latest ETF, the YieldMax TSM Option Income Strategy ETF (TSMY), opened for trading on the NYSE Arca. A strategy that looks at Taiwan Semiconductor Manufacturing Company (TSM), TSMY seeks to provide access to current income.

YieldMax's New Option ETF Strategy Focuses on TSM

YieldMax™ Launches Option Income Strategy ETF on Alibaba (BABA)

CHICAGO and MILWAUKEE and NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- YieldMax™ announced the launch today of the following ETF:

YieldMax™ Launches Option Income Strategy ETF on Alibaba (BABA)

YieldMax™ ETFs Announces Monthly Distributions on MSTY (95.14%), TSLY (83.44%), CONY (75.83%), NVDY (64.52%), CRSH (61.10%) and Others

CHICAGO and MILWAUKEE and NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- YieldMax™ today announced monthly distributions for the YieldMax™ ETFs listed in the table below.

YieldMax™ ETFs Announces Monthly Distributions on MSTY (95.14%), TSLY (83.44%), CONY (75.83%), NVDY (64.52%), CRSH (61.10%) and Others

Bond ETFs attract record flows in July as investors position for Fed rate cuts

Hello! Bonds seemed more appealing to ETF investors than ever before in July, based on flow data from State Street. This week's ETF Wrap looks at what's driving investors' appetite for fixed income lately, and where their money flowed within fixed income.

Bond ETFs attract record flows in July as investors position for Fed rate cuts

CONY: High Income Play On Bitcoin Speculation

YieldMax COIN Option Income Strategy ETF provides a massive 96.5% yield. CONY utilizes synthetic call options to generate income from exposure to Coinbase. The dividend wheel strategy can be used to repurpose CONY's distributions into other areas of the portfolio, offsetting potential downside risk and tax implications.

CONY: High Income Play On Bitcoin Speculation

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