(QQQI) NEOS Nasdaq 100 High Income - Ratings and Ratios

The NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) is an actively managed exchange-traded fund designed to generate income through a combination of capital appreciation and options income. The fund primarily invests in the constituent stocks of the Nasdaq-100 Index and employs a covered call strategy, selling (writing) call options on the Nasdaq-100 Index. This approach aims to enhance returns during periods of low volatility while maintaining exposure to the growth potential of the underlying index. Under normal market conditions, the fund allocates at least 80% of its net assets, plus borrowings for investment purposes, to securities or derivative instruments linked to the Nasdaq-100 Index.

As of the latest data, QQQI has amassed significant assets under management (AUM) of $1.2 billion, indicating strong investor interest in its income-generating strategy. The fund trades with an average 20-day volume of 694,506 shares, reflecting moderate liquidity. Its current price of $48.72 is trading above its 20-day and 50-day simple moving averages (SMAs) of $45.70 and $47.34, respectively, but slightly below its 200-day SMA of $47.96. This indicates short-term momentum but potential longer-term resistance. The Average True Range (ATR) of 1.47 suggests moderate price volatility.