YieldMax's TSLA Option Income ETF Has a 60%+ Yield And a Track Record That Should Terrify You

TSLY paid out more than $10.78 in distributions in 2024 alone, with an annualized yield cited as high as 75.31%.

24/7 Wall Street • 15 hours ago

TSLY: Underperformance Since Inception, Structural Deficiencies, And A Weaker Volatility Setup

YieldMax TSLA Option Income Strategy ETF (TSLY) had structurally underperformed both Tesla and SPY, failing to capture meaningful upside while retaining full downside risk. TSLY employs a synthetic covered call strategy using treasuries as collateral, offering limited additional income, with the expense of materially reducing the asymmetric equity upside. The fund lacks long put protection, exposing investors to significant losses if Tesla declines, while distributions may erode net asset value.

Seeking Alpha • Mar 6, 2026

I Went $100,000 All-In on This Mega-Yield ETF — Here's Exactly What Happened Next

Confession time: I went ahead and did something wacky with $100,000 in my portfolio.

24/7 Wall Street • Mar 4, 2026

TSLY: Tesla's Uncertainty Is Fueling This Income Machine

YieldMax TSLA Option Income Strategy ETF maintains a Buy rating, outperforming TSLA by 7% since September amid a slow drawdown environment. TSLY's aggressive, fully covered call structure capitalizes on Tesla's steady, high volatility and gradual corrections, maximizing premium income versus peers. Tesla's $20 billion annual CapEx and narrative-driven tension are expected to sustain a sideways regime, favoring TSLY's alpha generation for the next 2-3 quarters.

Seeking Alpha • Mar 5, 2026

10%+ Dividends And Stress-Free Retirement: My Top 2 Picks

Ultra-high-yield strategies (e.g., CLO equity, aggressive call option funds) risk capital destruction and income instability. Yet, conservative blue-chip income portfolios often yield too little (3-4%) to meet robust income goals or outpace inflation. My approach is to strike a balance between these two worlds.

Seeking Alpha • Feb 19, 2026

I've Never Been More Bullish On Covered Call ETFs Than Now (But With One Caveat)

The market seems to be increasingly punctuated by notable volatility spikes, while the broad indices (and AI names) struggle to justify their valuations. This is the necessary setup for covered call ETFs to come in and shine. However, there is a huge caveat (not that visible risk), which, if not properly considered, might lead covered call investors to be disappointed.

Seeking Alpha • Feb 1, 2026

YieldMax TSLA ETF Is Interesting, But Here's What I'd Buy Instead

The YieldMax Tesla ETF features a massive yield tied to stock that's not a dividend payer. That big yield comes with tradeoffs.

The Motley Fool • Jan 10, 2026

TSLY: Holding NAV While Paying Huge Dividends

YieldMax TSLA Option Income Strategy ETF effectively generates high income via covered calls on Tesla, Inc. while maintaining NAV stability. TSLY has traded in a $37.25–$48.00 range since March 2025, delivering high distributions without significant NAV erosion. The primary risk is a prolonged TSLA downturn, which could force lower distributions to preserve NAV and reset trading ranges.

Seeking Alpha • Dec 17, 2025

Is Your Retirement Income Enough? How I Leveled Up Mine With Covered Call ETFs

Yield for traditional income sources have started to compress. For income-oriented investors, who seek to build a reliable passive income machine it causes a real headache. To hit a certain target income figure, investors have to assume either higher risks, extend time horizon or save/invest more capital.

Seeking Alpha • Dec 3, 2025

TSLY: Selling Covered Calls Against Tesla Could Pay Off Now (Upgrade)

YieldMax TSLA Option Income Strategy ETF has been a controversial investment and remains so, with a distribution rate of 101%. TSLY has matched the S&P 500 on a total return basis over the past two years, despite increased volatility. The ETF's performance is closely tied to Tesla earnings, as TSLY maintains a long position in Tesla stock.

Seeking Alpha • Oct 29, 2025