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

Seeking Alpha·Mike Zaccardi, CFA, CMT·about 1 month ago
#sIlMa94s
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Home ETFs and Funds Analysis ETF Analysis Summary 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. I prefer MAGS over YMAG, given Mag 7’s strong earnings growth, lower valuations, and leadership from NVDA at all-time highs. rawintanpin/iStock via Getty Images One of the most important weeks for the broad market is on tap. We’ll hear from four of the Magnificent Seven stocks, with an emphasis on the major AI hyperscalers. Key inflation data and the April FOMC meeting Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.…

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