The YieldMax DKNG Option Income Strategy ETF (ticker: DRAY) is a specialized investment vehicle designed to generate current income and capped gains by employing a sophisticated synthetic covered call strategy on DraftKings Inc. (DKNG) stock. This actively managed fund is a part of the Sector-focused Consumer Discretionary category, specifically targeting the Casinos & Gaming niche. DRAY achieves its income strategy by leveraging both standardized exchange-traded and FLEX options, all while ensuring robust collateralization through cash and U.S. Treasurys. By focusing on DraftKings, a leader in the online gaming and sports betting industry, DRAY provides investors with a unique opportunity to capitalize on the dynamic growth and volatility of the gaming sector, while also offering a degree of income stability through its innovative options strategy. This ETF is ideal for investors looking to access the potential of the gaming industry with a strategy designed to mitigate risk and enhance income.
YieldMax DKNG Option Income Strategy ETF (DRAY) Fund Flow Chart
YieldMax DKNG Option Income Strategy ETF (DRAY) 1 year Net Flows: $3M