YieldMax™ Introduces Option Income Strategy ETF on Robinhood Markets, Inc. (HOOD)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2025
0mins
Source: Newsfilter
Launch of New ETF: YieldMax™ has introduced the YieldMax™ HOOD Option Income Strategy ETF (HOOY), which aims to generate current income through options-based strategies related to Robinhood Markets, Inc. It is managed by Tidal Financial Group and will not invest directly in HOOD.
Distribution Information: HOOY is categorized as a Group C ETF with its first distribution expected to be announced on May 28, 2025, while other YieldMax™ ETFs have varying distribution rates and frequencies, emphasizing the potential for variable distributions.
Analyst Views on HOOY
Wall Street analysts forecast HOOY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HOOY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 43.630
Low
Averages
High
Current: 43.630
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
