Core Insights - YieldBOOST is a new strategy by GraniteShares that aims to enhance income potential by selling options on leveraged ETFs while focusing on NAV preservation through "out of the money" options [1] - The strategy is designed to address the limitations of traditional covered call strategies, which often prioritize income over total return, leading to potential long-term investment issues [2][3] Company Overview - GraniteShares is a global investment firm based in New York City, recognized for its innovative ETF products and a leader in leveraged single-stock ETFs [5][6] - The firm has a diverse range of offerings, including commodity index funds and high-income pass-through securities, with $8.9 billion in assets under management as of January 24, 2025 [6] Product Details - TSYY is the first ETF in the YieldBOOST lineup, targeting current income and seeking exposure to leveraged investment results of 200% related to Tesla Inc. [4] - Additional YieldBOOST products are anticipated to be launched in the coming months, indicating a strategic expansion of GraniteShares' product offerings [4]