YieldMax TSLA Option Income Strategy ETF
TSLY
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Nov 23, 2022
- Website
- yieldmaxetfs.com
- Similar Companies
- Business
- YieldMax TSLA Option Income Strategy ETF (TSLY) is an actively managed exchange-traded fund that seeks to generate monthly income with capped upside exposure to Tesla, Inc. (TSLA) through a synthetic covered call strategy involving the sale of call options on TSLA; it collateralizes positions with cash and U.S. Treasurys while creating synthetic long exposure via at-the-money call and put options with one- to six-month terms. The fund writes short-term call options (one month or less expiration, strikes 0%-15% above TSLA's current price), does not invest directly in TSLA shares or hold TSLA dividends, and distributes option income as ordinary dividends, capital gains, or return of capital. Launched on October 22, 2022, TSLY trades on NYSE Arca and is sub-advised by Tidal Investments LLC with Tidal Trust II as the registrant unit headquartered in Milwaukee, Wisconsin. TSLY targets income-seeking investors exposed to TSLA's volatility in the electric vehicle and technology sectors, primarily serving U.S. retail and institutional investors through brokerage platforms with assets under management exceeding $1.2 billion as of late 2025. Geographically, operations focus on U.S. markets with indirect exposure to TSLA's global automotive presence. In October 2025, YieldMax announced a transition to weekly distributions across its single-stock option income ETF suite, including TSLY, to provide more frequent income opportunities amid investor demand; this followed a February 2024 1-for-2 reverse stock split for TSLY and ongoing monthly-to-weekly distribution evolution. YieldMax has expanded its broader platform with new ETF launches such as the YieldMax Target 12 Semiconductor Option Income ETF (SOXY) in late 2024 and a Performance and Distribution Target 25 ETF family in November 2025, alongside regular distribution announcements through December 2025.