YieldMax PLTR Option Income Strategy ETF (PLTY)

The YieldMax PLTR Option Income Strategy ETF (PLTY) is an actively managed fund from YieldMax, a series advised by Tidal Investments with ZEGA Financial as sub-adviser. Its main goal is to generate monthly income linked to Palantir Technologies stock.

Rather than owning Palantir shares directly, the fund creates synthetic exposure using options and sells call options to collect premium, while holding short-term U.S. Treasuries as collateral. This covered-call style approach limits participation in large gains in Palantir's price while remaining exposed to its declines.

PLTY trades on NYSE Arca.