CONY: Could Have A Future, But I Would Wait

Core Viewpoint - YieldMax COIN Option Income Strategy ETF (CONY) has been disappointing for many investors due to its strategy of writing covered calls against Coinbase Global, Inc. (COIN) [1] Group 1 - The ETF is designed to generate income through covered call writing, which involves selling call options on the underlying asset, Coinbase [1] - Investors have expressed frustration with the performance of the high-yield ETF, indicating potential issues with its strategy or market conditions [1]