Core Viewpoint - YieldMax is transitioning the majority of its option-income ETFs from a monthly to a weekly distribution structure, appealing to investors seeking more frequent income similar to a paycheck [2][3]. Group 1: YieldMax's Strategy - YieldMax is converting nearly 100 option-income ETFs to a weekly pay structure, enhancing income frequency for investors [2]. - The firm has become popular among Baby Boomers and retirees looking for ways to generate income without active work, relying on prudent savings and investments [3]. Group 2: Investment Mechanism - YieldMax employs a strategy of covered call writing enhanced by "credit spreads," which allows for higher yield potential while capping the upside of the underlying stock [4]. - This strategy involves selling a call option while simultaneously buying a higher strike call, which lowers premium income but limits the risk of capped gains if the stock surges [4]. Group 3: Comparison with Other Strategies - YieldMax's approach differs from traditional options collars, which combine covered call writing with protective puts, emphasizing that the effectiveness of the strategy is contingent on the underlying stock's performance [5].