In this video, we're covering TSLY, the YieldMax TSLA Option Income Strategy ETF. We'll explore this high-yield dividend ETF and determine if it's a legitimate investment opportunity or a potential dividend yield trap. We'll break down how this fund is able to generate a 30.44% dividend yield, delve into how it writes synthetic covered calls on TSLA stock, and assess its suitability for long-term dividend investing and building a diversified dividend portfolio. 📊 GET MY DIVIDEND PORTFOLIO SPREADSHEET (FREE) ► https://www.retirewithryne.com/free-portfolio-tracker 🎥 WATCH EXCLUSIVE CONTENT ► https://www.patreon.com/RetireWithRyne 📈 SEEKING ALPHA PREMIUM (FREE 7-DAY TRIAL) ► https://bit.ly/3WWZ7tm 📊 THE DIVIDEND TRACKER (FREE) ► https://thedividendtracker.com/?ref=9xMEo0 💬 JOIN THE DRIP N' SIP DISCORD GROUP WITH 2,000 MEMBERS (FREE) ► https://discord.gg/kEesjzkHZh The ideas and opinions presented in this video are meant for informational and entertainment purposes only, are not intended to serve as a recommendation to buy or sell any security in any account, and are not an offer or sale of a security. They are also not research reports and are not intended to serve as the basis for any investment decision.