2024-05-07 08:48:43 ET
Summary
- The YieldMax COIN Option Income Strategy ETF is an attractive new income alternative.
- CONY offers exposure to cryptocurrency and technology, which are good diversification for income portfolio.
- The ETF has performed well since its inception and offers a dividend with an ultra-high yield over 50%.
- The fund takes full advantage of the high volatility of COIN and the options market trading to create a sustainable income stream and keep the yield at a double-digit level.
Introduction
I keep building and managing my income portfolio more actively these days because the market has become more volatile due to the uncertainties from interest rates, inflation, and the economy itself. At the same time, many new income alternatives become available such as option-based, volatility-based, etc. Some of them look very interesting to me....
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For further details see:
CONY: A Buy For Diversified Income Portfolio