YieldMax SQ Option Income Strategy ETF Price & Performance (SQY)

YieldMax has announced impressive distribution rates for several ETFs, including BABO at 115.03%, PLTY at 111.13%, and NVDY at 105.43%. These funds aim to provide income through option strategies, though investors are cautioned about risks such as potential losses and fluctuating distributions.1

The YieldMax SQ Option Income Strategy ETF (SQY) is facing resistance at $13.36, with technical indicators suggesting short positions near this level. Traders are advised to set stop losses at $13.4. A break above resistance could trigger a buy signal targeting $15.48.2

Swing traders are monitoring SQY for potential buy signals above $13.36, aiming for a $15.48 target. Day traders, meanwhile, are advised to short near $13.36 with a downside target of $10.85. These strategies hinge on resistance testing and technical data updates.2