2024-06-09 09:15:00 ET
Summary
- Advanced Micro Devices, Inc. is a player in the AI field and is the single stock in the YieldMax AMD Option Income Strategy ETF.
- The AMDY ETF uses options strategies to generate income on AMD, including synthetic long exposure, covered calls, and using US Treasuries for collateral and income.
- AMDY pays variable monthly distributions, with a trailing dividend yield of approximately 50%.
Looking for high-yield AI for your portfolio? As we noted in our recent article about NVIDIA (NVDA) and The YieldMax NVDA Option Income Strategy ETF ( NVDY ), AI has been a hot topic over the past year....
Read the full article on Seeking Alpha
For further details see:
AMDY: Roughly 50% Yield On AI