Before starting the text, please be clear: in the market, apart from the most basic treasury bonds and monetary funds, there are almost no risk-free arbitrage opportunities. Low returns do not necessarily correspond to low risks, but high returns necessarily correspond to high risks.
I think stock market investment is an impossible triangle: low risk, high return, short time. Only two of these three can exist at the same time. Even if they are investment geniuses and have a very high winning rate when choosing the right time, they can only increase the chance of appearing in the third place, and cannot completely deviate from this rule. For us retail investors, the easiest and most effective method is to exchange time for space, buy and hold, use longer time, lower risk, and ultimately obtain high profits. Please always remember:When you see attractive high returns, never give up your capital until you understand what kind of risk this investment actually has.
Back to the topic, I don't think TSly or any of the other YieldMax individual stocks covered call ETFs are suitable for simple buy-and-hold, and it's almost impossible to rely on tsly alone to obtain stable income. $YIELDMAX TSLA OPTION INCOME STRATEGY ETF (TSLY.US)$ $Tesla (TSLA.US)$
TSLY's distribution rate is over 50%. Although it can continue to collect premium in volatile markets and falling markets, there are two things to keep in mind:
1. The price of the premium received...