YieldMax AMZN Option Income Strategy ETF (AMZY)
ARCA ARCA Primary 
AMZY: Harnessing The Volatility Of Amazon For Weekly Income
YieldMax AMZN Option Income Strategy ETF offers a high dividend yield (~37.4%) and weekly payouts, appealing to income-focused investors bullish on Amazon. AMZY's synthetic options strategy generates income but leads to share price erosion over time, making it less suitable for conservative or long-term investors. Compared to peers AMZW and AMZP, AMZY is best suited for volatile or choppy Amazon markets, while AMZP outperforms in total return with less yield decay.
Are High-Yield Strategies in YieldMax ETFs Really Worth the Risk?
YieldMax's extensive suite of exchange traded funds (ETFs) have a large and dedicated following, and there are a number of reasons for this.
AMZY: A High-Yield Play On The AI Boom
The YieldMax AMZN Option Income Strategy ETF offers synthetic long exposure to Amazon and high monthly income via a call option strategy. AMZY could appeal to investors bullish on Amazon's cloud and AI-driven data center growth, seeking high yield and willing to accept NAV volatility and risk. The YieldMax AMZN Option Income Strategy ETF could do well in an environment of strong hyperscaler-driven CapEx growth.
Want $10,000 a Month in Dividends? These 4 Monthly ETFs Could Get You There
YieldMax's suite of high-yield ETFs could produce substantial monthly income. However, investors need to be watchful as these monthly-paying funds come with risks.
AMZY vs. SCHD: Explosive Monthly Cash or Dividend Growth Machine?
The AMZY ETF will attract Amazon stock optimists with it's super-high yield and monthly distributions, but there are risks to think about.
AMZY Looks Like A Winner, Until You Dig Into The Dividends
AMZY offers high yield and Amazon exposure, but its total return slightly outpaces AMZN with less downside risk since inception. The fund's high distributions are increasingly funded by return of capital, leading to NAV/share erosion and raising sustainability concerns. AMZY is suitable for tactical, short-term income seekers, but not as a long-term substitute for Amazon stock or for passive investors.
AMZY: Not A Forever Strategy, But Works For This Amazon Moment
AMZY is best used tactically when Amazon is consolidating, as the option-writing strategy thrives in flat or slow-growth markets. Current macro headwinds and high valuations make AMZY attractive versus holding AMZN outright, especially with elevated options premiums. AMZY delivers strong yield (~50%) and modest alpha, but investors should expect NAV erosion as capital is returned quickly via payouts.
AMZY: Collecting Income Where It Isn't Usually Possible
AMZY offers a massive distribution yield funded by a synthetic options strategy but comes with significant downside risk and capped upside versus AMZN shares. Despite price declines, total returns (including distributions) have kept pace with AMZN. Distributions are largely return of capital, providing tax efficiency, but can fluctuate with market conditions and Amazon's share price volatility.
Is AMZY's 64.06% Ultra-High Yield Worth Buying Right Now?
The YieldMax AMZN Option Income Strategy ETF (AMZY) will tempt Amazon stock bulls with its gigantic yield.
AMZY: Very High Yield On Amazon Stock, 52-Week Low
YieldMax AMZN Option Income Strategy ETF offers high-yield income through options on Amazon.com, Inc. stock, with a trailing yield of over 50% and a theoretical forward yield of 33.06%. The AMZY ETF employs a synthetic covered call strategy, buying and selling AMZN options to generate income, while holding significant US Treasury Notes/Bonds. Despite a strong total return of 37.59% since inception, AMZY's price has declined in 2025, with a -12.14% YTD return in 2025, outperforming AMZN's -18.68% YTD return.
AMZY: A Conservative Income Strategy On Amazon That Produces Alpha
Hedge AMZY by shorting AMZN, achieving an annualized return of 8.5% with a max drawdown of 3.9% and a Sharpe ratio of 1.39. Return dependency on AMZN's price and volatility, mitigated by rebalancing after crashes. The strategy offers high returns with low risk, ideal for conservative and income investors amid an expensive market.
AMZY Is A Role Model For The YieldMax Options Strategy
YieldMax AMZN Option Income Strategy ETF uses aggressive options strategies for income, resulting in high yields but potential capital losses. AMZY's strategy involves buying US Treasuries, creating synthetic long positions in AMZN, and selling short calls daily, achieving a near-38% distribution rate. Despite historical underperformance, YieldMax's improved options strategy now allows more room for AMZN's upside, making AMZY more attractive for bullish, high-risk income investors.
