NVDY: Attractive Into Nvidia's Q1 Report, With Stock +50% From The April Low

  • I reiterate my buy rating on YieldMax NVDA Option Income Strategy ETF, favoring its high option income amid NVDA's consolidation and moderate implied volatility. NVDY's yield, sourced from call option selling, remains compelling despite recent underperformance versus NVDA and a high expense ratio. With NVDA's valuation above 30x earnings and May's strong seasonal gains likely pulled forward, a more tempered stance is prudent.