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Update On One US- Listed ETF

Mar 20, 2025 | Team Kalkine
Update On One US- Listed ETF
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Tidal Trust II YieldMax PLTR Option Income Strategy ETF

The Fund seeks current income while providing indirect exposure to the share price of Palantir Technologies Inc. which is generally subject to a limit on potential investment gains. The Fund uses a synthetic covered call strategy to provide income and indirect exposure to the share price returns of PLTR.

Technical Observation (on the daily chart): 

PLTY has been in a prolonged consolidation phase and is now starting to show signs of potential upward movement; however, given the previous decline from swing highs, the price may continue to consolidate in the near term. The 14-day Relative Strength Index (RSI) has rebounded from lower levels, indicating a neutral bias at the current levels. Additionally, PLTY's price has regained its 21-day Simple Moving Average (SMA), which is expected to act as temporary support during any future volatility. However, the 50-period SMA is positioned above the price, presenting a strong resistance zone in the near term.

Individuals can evaluate the ETF based on the support and resistance levels provided in the report in case of keen interest taking into consideration the risk-reward scenario. 

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing. 

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is March 20, 2025 (11:35 am PDT). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Note 4: ‘Kalkine reports are prepared based on the prices captured either from the New York Stock Exchange (NYSE), NASDAQ Capital Markets (NASDAQ), and or REFINITIV. Typically, all sources (NYSE, NASDAQ, or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.


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Past performance is not a reliable indicator of future performance.