YieldMax Target 12 Semiconductor Option Income ETF (SOXY) Covered Calls

Running SOXY covered calls helps you generate consistent income from YieldMax Target 12 Semiconductor Option Income ETF's shares you already own, turning a long stock position into a yield-producing asset. A covered call on YieldMax Target 12 Semiconductor Option Income ETF involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best SOXY covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.

A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if SOXY stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling SOXY covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given YieldMax Target 12 Semiconductor Option Income ETF covered call is worth writing.

The YieldMax Target 12 Semiconductor Option Income ETF (SOXY) is an actively managed exchange-traded fund that seeks to generate a target annualized distribution of 12% and capital appreciation through investments in a select portfolio of 15 to 30 semiconductor companies. The fund seeks to generate income primarily by selling call options and call spreads on its portfolio holdings. SOXY also seeks capital appreciation through direct equity investments. The Adviser evaluates potential holdings based on stock and options liquidity, price levels, and implied volatility, and regularly reviews the portfolio to determine whether to add or remove positions.

Income-focused investors, long-term SOXY holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling SOXY covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best YieldMax Target 12 Semiconductor Option Income ETF covered calls come to you, already filtered for the metrics that matter.