3 Option-Income ETFs Offering Distribution Yields Above 106%

YieldMax MSTR Option Income Strategy ETF ($MSTY)

The YieldMax MSTR Option Income Strategy ETF (MSTY) is designed to generate income from options on Strategy (MSTR) stock. Instead of directly holding Strategy shares, the ETF uses an options-based strategy to earn income from changes in the stock’s price.

MSTY currently offers a distribution yield of 245.01%, manages around $744.06 million in assets, and has an expense ratio of 1.03%. The ETF pays distributions weekly, giving investors frequent cash payouts.

The fund generates income through its options strategy, but distributions can change depending on market conditions. Since MSTY follows Strategy stock’s performance, the ETF can also see significant price swings. The ETF pays weekly distributions, with recent payouts ranging from $0.21 to $0.30 per share.

YieldMax COIN Option Income Strategy ETF (CONY)