YieldMax SQ Option Income Strategy ETF

YieldMax XYZ Option Income Strategy ETF is an actively managed exchange-traded fund designed to seek current income while providing indirect exposure to the share price of Block, Inc. The fund uses options-based strategies, including synthetic covered calls and call spreads, to generate premiums from the underlying stock’s price movement while maintaining capped participation in potential gains. To support its strategy, the portfolio holds cash and U.S. Treasurys alongside standardized exchange-traded and FLEX options. XYZY is aimed at investors looking for a market-linked income product tied to Block through a structured derivatives approach rather than direct stock ownership. As part of YieldMax’s option income lineup, it plays a niche role in the ETF market by combining income generation with controlled equity exposure in a single actively managed fund.