ETF report · NYSE Arca
YieldMax GME Option Income Strategy ETF (GMEY)
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GMEY ETF chart
Fund facts
- Issuer
- YieldMax
- Listed on
- NYSE Arca
Key statistics
About GMEY
The YieldMax GME Option Income Strategy ETF (GMEY) is an actively managed fund in the YieldMax lineup that seeks to generate current income while providing exposure to the share price of GameStop Corp.
Rather than owning GameStop stock directly, the fund typically builds synthetic exposure using options and pairs it with a covered call strategy, selling call options to collect premium. This premium funds regular distributions, but it also caps the fund's participation in large upward moves in GameStop shares while leaving it exposed to declines.
The ETF is listed on NYSE Arca.
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