Is TSLY A Scam? (30.44% Dividend Yield)

In this video, we're covering TSLY, the YieldMax TSLA Option Income Strategy ETF. We'll explore this high-yield dividend ETF and determine if it's a legitimate investment opportunity or a potential dividend yield trap. We'll break down how this fund is able to generate a 30.44% dividend yield, delve into how it writes synthetic covered calls on TSLA stock, and assess its suitability for long-term dividend investing and building a diversified dividend portfolio.

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The ideas and opinions presented in this video are meant for informational and entertainment purposes only, are not intended to serve as a recommendation to buy or sell any security in any account, and are not an offer or sale of a security. They are also not research reports and are not intended to serve as the basis for any investment decision.