TDAQ

About TDAQ

The TappAlpha Innovation 100 Growth & Daily Income ETF is an exchange-traded fund that seeks to provide investors with a combination of current income and potential for capital appreciation. Leveraging a strategy that integrates direct exposure to the NASDAQ-100—one of the world's most prominent indices for technology and innovation-focused companies—this ETF allows investors to participate in the performance of leading growth-oriented firms. What sets the fund apart is its daily covered call overlay, which utilizes zero-days-to-expiration (0DTE) options; each trading day, the fund writes call options that expire the same day. This approach aims to maximize the benefits of option time decay, generating frequent income streams while simultaneously reducing the risk tied to longer-dated options positions. The fund adapts its holdings in response to changing market conditions, aiming to consistently capture both the appreciation potential of technology sector leaders and daily premium income. Designed to democratize advanced options-based strategies, the ETF suits investors seeking exposure to innovation-driven sectors with an emphasis on consistent income generation and risk management through active, rules-based implementation.