Despite Being Bullish On Tesla, I Think TSLY Is A Yield Trap

Group 1 - The YieldMax TSLA Option Income Strategy ETF (TSLY) has garnered significant interest due to its high monthly income distribution rate, which is nearly 80%, with the most recent dividend being $0.4638 per share [1] - The investment strategy focuses on GARP (growth at a reasonable price) stocks while also exploring various opportunities in the market [1] - The author has developed market-beating algorithms using Python to identify attractive investment opportunities, indicating a strong analytical approach to investment [1] Group 2 - The author has a beneficial long position in TSLA shares through various financial instruments, reflecting confidence in the stock's performance [2] - The article expresses the author's personal opinions and is not influenced by any business relationships with companies mentioned [2] - Seeking Alpha emphasizes that past performance does not guarantee future results, highlighting the importance of independent analysis [3]