Direxion PLTR Defined Income Boost ETF (PLIB)

The Direxion PLTR Defined Income Boost ETF (PLIB) is an options-based single-stock ETF from Direxion, built around the shares of Palantir Technologies.

The fund seeks to generate income through an options strategy tied to Palantir stock, with the defined element of its name indicating that its payoff is shaped within set parameters. Such strategies typically trade some of the stock's potential upside in exchange for regular option premium.

PLIB trades on Cboe BZX.