TSLY ETF Analysis: YieldMax TSLA Option Income | NYSE
Derivative Income | NYSE, USA | Market Cap: 823m USD | 12M Return: 22.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.3M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 3.6 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
The YieldMax TSLA Option Income Strategy ETF (TSLY) is a non-diversified ETF that pursues its investment objective through a synthetic covered call strategy, using standardized exchange-traded options and FLEX options on TSLA (Tesla, Inc.), a company in the electric vehicle and clean energy sector. Rather than holding Tesla shares directly, the fund seeks to generate income by selling call options on the underlying stock, a derivative-based approach that collects option premiums but typically caps participation in significant upside price appreciation of TSLA.
The fund will maintain its strategy continuously, including during periods of adverse market, economic, or other conditions, and will not take temporary defensive positions to protect against drawdowns. As a derivative income-focused ETF, TSLYs performance is closely tied to both the price movement and volatility of TSLA, making it a specialized income vehicle rather than a traditional diversified equity holding.
- Tesla stock price decline caps covered call upside
- TSLA implied volatility drop reduces option premium income
- Tesla delivery misses pressure underlying share price lower
As of June 30, 2026, the stock is trading at USD 28.12 with a total of 596,316 shares traded. Over the past week, the price has changed by -4.06%, over one month by -9.61%, over three months by +1.65% and over the past year by +22.43%.
Current recommended Stop Loss: 26.30 (which is 6.5% or 1.9 ATR below the current price).
YieldMax TSLA Option Income has no consensus analysts rating.