Leveraged Long + Income AMD ETF (AMDU)
Leveraged Long + Income AMD ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $25.13, down 6.57% on the session, giving a market capitalisation of $1.3M. Its beta of 0.00 implies it has historically moved less than the broad market.
This actively managed Exchange Traded Fund is designed to provide magnified daily exposure to AMD's stock, aiming for returns approximately 1.5 to 2 times its daily price movements. It achieves this leverage through the strategic deployment of derivative instruments such as swap agreements and options, while concurrently seeking to generate supplementary income by implementing credit call spread options strategies.
Leveraged Long + Income AMD ETF is most often compared with the following Financial Services names: