Trade Options Without Trading Options? – 10/29

One of the best ways to gain exposure to options trading without trading options is with exchange-traded funds (ETFs).  

Plus, some will even pay you dividends either every month or every quarter.

Today we’ll look at two you may want to keep an eye on.

ETF: YieldMax PLTR Option Income Strategy (SYM: PLTY)

The PLTY ETF does not invest directly in PLTR, it does generate monthly income by selling/writing call options on PLTR. 

So, as shares of PLTR push higher, so does PLTY.

Fueling upside, PLTR has been in an unstoppable, strong uptrend since bottoming out at around $22 in August. Now up to $44.86, there’s even more upside potential. Helping, the company continues to “accelerate multi-year, multi-million dollar deals to its artificial intelligence platform through its boot camp strategy, according to Wedbush.”

With an outperform rating and a $45 price target, Wedush also believes PLTR is in a prime spot to further expand its deal flow, especially with AI spending expected to accelerate.

Even better, L3Harris Technologies just partnered with PLTR to help accelerate its digital transformation. PLTR will help with ongoing programs, including a collaboration on U.S. Armey programs, such as TITAN. It’ll also help L3Harris’ digital transformation and development efforts with things such as sensors and radios.

Mode Mobile

The 32,481% Boom: First Disruption to $martphones in 15 Years

mode mobile


Mode’s Pre-IPO offering1 is live at $0.25/share — 20,000+ shareholders already participated in its previous sold-out offering.

There’s still time to get in on Mode’s pre-IPO raise and even lock in 100% bonus shares… but only until their current raise closes for good.

Claim this exclusive bonus while you can!

ETF: YieldMax AMD Option Income Strategy ETF (SYM: AMDY)

We can also dig into the YieldMax AMD Option Income Strategy ETF (SYM: AMDY), which does not directly invest in Advanced Micro Devices (SYM: AMD). Instead, it generates monthly income by selling/writing call options on AMD. It also yields 89.77%.

Since bottoming out at around $121.83 in August, AMD is now back up to $158.66 and could soon retest its October high of $174.05. Of course, that also depends on what AMD has to say in its earnings report on October 29.

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