YieldMax PLTR Option Income Strategy ETF
PLTY·ARCA
--
--(--)
--
--(--)
Key Stats
Assets Under Management
348.33MUSD
Fund Flow (1Y)
475.05MUSD
Dividend Yield
140.26%
Discount / Premium to NAV
0.07%
Shares Outstanding
11.00M
Expense Ratio
0.99%
About YieldMax PLTR Option Income Strategy ETF
Issuer
Tidal Investments LLC
Brand
YieldMax
Inception Date
Oct 7, 2024
Structure
Open-Ended Fund
Index Tracked
--
Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
PLTY aims to generate monthly income while providing exposure to the price returns of Palantir Technologies Inc. (PLTR), subject to a cap on potential investment gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys. The synthetic long exposure seeks to replicate the price movements of PLTR by purchasing and selling at-the-money call and put options that generally have six-month to one-year terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approx. 5%-15% above PLTRs current share price. This limits the funds' participation in potential gains if PLTR shares increase in value. The short put positions fully expose investors to the downside of the stock. Lastly, the fund holds cash and short-term Treasury securities as collateral. Note: the fund does not invest directly in Palantir stocks. Thus, investors are not entitled to any PLTR dividends.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Application Software
Strategy
Buy-write
Geography
--
Weighting Scheme
Single Asset
Selection Criteria
Single asset
Analysis
Asset
Holdings
Symbol
Ratio
United States Treasury Bill 08/06/2026
36.63%
United States Treasury Bill 07/09/2026
27.92%
United States Treasury Bill 06/11/2026
20.76%
United States Treasury Bill 09/03/2026
12.52%
Cash & Other
8.75%
Symbol
Ratio
United States Treasury Bill 05/12/2026
5.49%
First American Government Obligations Fund 12/01/2031
3.22%
PLTR US 06/18/26 C150
2.26%
PLTR US 05/15/26 C150
1.60%
PALANTIR CLL OPT 04/26 137
0.49%
Top 10 Weight 119.64%
25 Total Holding
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
FAQ
What is an ETF?
What is PLTY price?
How is PLTY performing?
What are the recent fund flows for PLTY?
What is PLTY expense ratio?
Is PLTY leveraged?
Should I buy or sell PLTY?
How much does PLTY pay in dividends?
Are PLTY dividends growing?
