ULTYYieldMax
Oct 23, 2026 · $625.7M net assets
Covered call on a real equity sleeve
Owns the stocks and writes calls against them.
Call coverage
100.0%
of the equity sleeve has a call written on it
Wtd moneyness
-7.33%
written out of the money
Wtd DTE
14.6d
monthly or longer
Upside room
+6.1%
to the average written strike
Capped
0/28
names already above their strike
Collateral
4.4%
cash + Treasuries
What backs the fund
Equity 95.8%Cash 4.4%Long options 3.3%Short options -3.47%
Notional written: calls 94.9% of NAV · puts 54.8% of NAV
The book
28 underlyings · 77 contracts collapsed to one row each| Name | % NAV | Shares | Spot | Strike | DTE | Room | Cov | Long legs | Flow |
|---|---|---|---|---|---|---|---|---|---|
| ADI | 4.82% | 78,300 | 385.76 | 410.00 | 0d | +6.3% | 100% | P377.5 | GEX ↗ |
| PLTR | 4.70% | 150,000 | 196.19 | 197.50 | 0d | +0.7% | 100% | P177.5 | GEX ↗ |
| SHOP | 4.68% | 173,700 | 168.81 | 175.00 | 0d | +3.7% | 100% | P155 | GEX ↗ |
| GOOGL | 4.66% | 90,000 | 324.22 | 340.00 | 7d | +4.9% | 100% | P305 | GEX ↗ |
| SPCX | 4.46% | 193,000 | 144.75 | 170.00 | 7d | +17.4% | 100% | P150 | GEX ↗ |
| MELI | 4.46% | 15,300 | 1,824.96 | 1,860.00 | 0d | +1.9% | 100% | P1760 | GEX ↗ |
| BABA | 4.19% | 257,400 | 101.82 | 109.00 | 7d | +7.0% | 100% | P97 P98 | GEX ↗ |
| GDX | 3.98% | 305,300 | 81.69 | 85.00 | 7d | +4.0% | 100% | P75 | GEX ↗ |
| HOOD | 3.75% | 243,100 | 96.58 | 101.00 | 7d | +4.6% | 100% | P87 C109 | GEX ↗ |
| AMD | 3.74% | 46,100 | 507.93 | 537.50 | 7d | +5.8% | 100% | C585 P477.5 | GEX ↗ |
| LRCX | 3.72% | 101,200 | 230.15 | 250.00 | 7d | +8.6% | 100% | P215 | GEX ↗ |
| FIX | 3.33% | 16,300 | ⚠ | 1,520.00 | 28d | — | 100% | P1320 | GEX ↗ |
| TMDX | 3.32% | 288,500 | 72.06 | 75.00 | 0d | +4.1% | 100% | P66 | GEX ↗ |
| ALAB | 3.26% | 79,200 | 257.82 | 275.00 | 7d | +6.7% | 100% | P245 | GEX ↗ |
| TTWO | 3.21% | 96,700 | 207.81 | 210.00 | 0d | +1.1% | 100% | P190 | GEX ↗ |
| MSTR | 3.19% | 137,200 | 145.80 | 150.00 | 0d | +2.9% | 100% | P133 | GEX ↗ |
| RDDT | 3.18% | 132,600 | 150.26 | 157.50 | 7d | +4.8% | 100% | P140 | GEX ↗ |
| FIGR | 3.12% | 812,000 | 24.04 | 25.50 | 7d | +6.1% | 100% | P21.5 | GEX ↗ |
| CAT | 3.06% | 27,200 | 704.05 | 755.00 | 0d | +7.2% | 100% | P680 | GEX ↗ |
| LITE | 2.97% | 24,700 | 752.54 | 810.00 | 7d | +7.6% | 100% | P710 | GEX ↗ |
| MPC | 2.94% | 40,100 | 459.28 | 500.00 | 28d | +8.9% | 100% | P430 | GEX ↗ |
| SCCO | 2.79% | 95,262 | 183.59 | 187.50 | 7d | +2.1% | 100% | P172.5 | GEX ↗ |
| DELL | 2.69% | 37,200 | 452.95 | 470.00 | 0d | +3.8% | 100% | P420 P425 | GEX ↗ |
| PWR | 2.66% | 30,100 | 552.44 | 710.00 | 28d | +28.5% | 100% | P610 | GEX ↗ |
| NVDA | 2.58% | 76,200 | 212.21 | 220.00 | 7d | +3.7% | 100% | P200 P207.5 | GEX ↗ |
| COHR | 2.28% | 68,700 | 207.82 | 225.00 | 7d | +8.3% | 100% | P200 | GEX ↗ |
| CIEN | 2.27% | 44,000 | 322.64 | 340.00 | 7d | +5.4% | 100% | P300 | GEX ↗ |
| SILJ | 1.74% | 461,100 | 23.65 | 24.50 | 7d | +3.6% | 100% | P22 | GEX ↗ |
Room is (strike − spot) / spot — how far the stock can still run before the written call caps it. That's the holder's number. It is not the same as moneyness, which the fund quotes against the strike.
Cov is the share of the position covered by written calls, capped at 100%. A ⚠ in the spot column means the fund's own mark and our quote feed disagree by more than 5%, so we suppress the derived numbers rather than show them wrong.
ULTY's ADI $410 call is 6.3% above spot.Check whether the options flow agrees before you write the same strike.See ADI at $410 →