YMAG: Don't Trade Away The Mag 7 Upside Now

YieldMax Magnificent 7 Fund of Option Income ETF is rated hold due to limited upside and high expense ratio. YMAG's option-income strategy underperforms the S&P 500 and lags the Roundhill Magnificent Seven ETF in total returns. Implied volatility is low, reducing the yield potential from option selling and making premium harvesting less attractive.