SMYY

About SMYY

GraniteShares YieldBOOST SMCI ETF is an actively managed exchange-traded fund focused on generating current income through sophisticated options strategies. The fund seeks to achieve income by selling put options—primarily on leveraged ETFs that aim to deliver twice the daily performance of Super Micro Computer Inc. This approach allows the ETF to harness elevated options premiums due to the higher implied volatility associated with leveraged vehicles, while implementing strategies to manage and cap downside risk. In addition to its income objective, the fund aims to offer limited exposure to the price movements of leveraged ETFs tracking Super Micro Computer Inc., though it does not provide leveraged returns itself. Weekly distributions are a central feature, underpinned by premiums collected from the sale of options, allowing for frequent payouts to shareholders. GraniteShares YieldBOOST SMCI ETF’s strategy, therefore, makes it a notable instrument designed for investors seeking enhanced yield generation through options on high-volatility, leveraged assets tied to the technology sector, specifically Super Micro Computer Inc.