YieldMax Short N100 Option Income Strategy ETF

YieldMax Short N100 Option Income Strategy ETF is an actively managed exchange-traded fund designed to generate current income while providing inverse exposure to the Nasdaq-100 Index. The fund uses an options-based synthetic covered put approach, combining put and call positions with short-term U.S. Treasury securities as collateral to seek income from option premiums. Its structure is intended to benefit from declines in the Nasdaq-100, while limiting potential upside participation if the index rises. YQQQ is part of YieldMax’s options-income lineup and focuses on a rules-based, derivatives-driven approach rather than direct stock selection. The ETF appeals to market participants looking for a listed vehicle tied to large-cap technology and growth stocks represented in the Nasdaq-100, with returns shaped primarily by index movement and options activity rather than traditional equity fundamentals.