MSTY: Look Beyond The Yield

Olemedia To be honest, I do not have a positive opinion of single-stock covered call ETFs like the Yieldmax MSTR Option Income Strategy ETF (NYSEARCA:MSTY). To satisfy investors' insatiable appetite for high-yielding investments, fund innovators like Yieldmax keep pushing the envelope by wrapping highly volatile securities like MicroStrategy Inc. (MSTR) shares into derivative structures and calling them ETFs. Unlike traditional covered-call funds like the JPMorgan Equity Premium Income ETF (JEPI), single-st ...