YieldMax META Option Income Strategy ETF Price & Performance (FBY)

The YieldMax Meta Option Income Strategy ETF (FBY) is currently trading near critical levels. Technical data suggests buying near $17.47 with a target of $18.88, while resistance at $18.88 signals a potential short opportunity. Swing trading plans also indicate upside potential if resistance breaks, targeting $20.23.1

The YieldMax Magnificent 7 Fund (YMAG) has achieved a 40% total return in its initial year, leveraging a covered call strategy on the Magnificent 7 stocks. Despite risks tied to stock performance, YMAG remains attractive for income-focused investors, particularly following Nvidia's robust Q4 earnings.2

YieldMax ETFs, including YMAG and YMAX, have declared significant distribution rates. YMAG offers a 39.10% distribution rate, while YMAX provides a 56.92% rate. These funds emphasize income generation through option strategies, though distributions may fluctuate based on market conditions and fund performance.3