If you bought YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) a year ago for the headline yield, you collected a steady stream of weekly checks while Exxon Mobil (NYSE:XOM | XOM Price Prediction) shares ran from roughly $103 to almost $154.
YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO - Get Free Report) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 15,448 shares, a decline of 18.3% from the February 12th total of 18,905 shares. Based on an average trading volume
MLPA is paying a 7.3% yield while XOMO's weekly checks have swung from $0.05 to $0.19 per share in recent months.
I combined the YieldMax XOM Option Income Strategy ETF with XOM put options to manage risk and capture high yield in the volatile energy sector. XOMO aims to deliver 2-3% monthly income by using options to simulate Exxon Mobil's performance, while primarily holding US T-bills. The put options on XOM protect against significant losses, ensuring my portfolio remains insulated from XOM's downside until August 2025.