AMZY: Weekly Income From Amazon's $496 Billion AWS Backlog

Summary The YieldMax AMZN Option Income Strategy ETF offers equity-like exposure to Amazon with high weekly income via a synthetic buy-write strategy. AMZY is rated Buy for income-focused investors seeking regular, tax-advantaged distributions, though it is best suited as a portfolio management tool rather than for maximizing total returns. AMZY's covered call approach limits upside during sharp AMZN rallies and results in NAV erosion, but offers a 47.68% yield, making it attractive for distribution-focused strategies. Amazon's AWS momentum, custom silicon expansion, and warehousing automation underpin a bullish thesis, supporting a $371/share AMZN valuation at 17.2x eFY27 EV/EBITDA. PM Images/DigitalVision via Getty Images The YieldMax AMZN Option Income Strategy ETF ( AMZY ) is an alternative asset strategy designed to provide investors with equity-like performance with respect to Amazon ( AMZN ) shares while earning weekly income delivered This article was written by Michael Del Monte 7.71K Followers Follow Monte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.