TSPY vs SPYI The 13% Yield Battle Don't Buy The Wrong One!
Автор: The Covered Call Guy
Загружено: 2026-01-28
Просмотров: 691
Описание:
Is the new 0DTE challenger (TSPY) actually better than the monthly income giant (SPYI)? The answer isn't simple—it depends on the market regime.
In this deep dive, we break down the "Income Wars" between TappAlpha's TSPY and NEOS's SPYI. We aren't just looking at yields; we are looking under the hood at the engines driving these returns. Both are "Generation 3.0" option strategies, but they monetize volatility in completely different ways.
We analyze the structural mechanics, tax efficiency (ROC vs. Mixed Straddle), and the hidden "Gamma Risks" that most investors miss.
Gen 3.0 Showdown: 0DTE (Daily) vs. Monthly Call Spreads
• The "Overnight Anomaly": Why TSPY captures gap-ups that SPYI misses
• Regime Stress Test: Who wins in a crash? Who wins in a grind-up?
• Tax Efficiency: The "ROC Moat" vs. Section 1256 details
• Portfolio Construction: Why a 70/30 blend might be the "Holy Grail" for income investors
If you are looking for high yield and passive income, you need to understand the difference between being a "Volatility Harvester" and a "Volatility Dampener."
DISCLAIMER & RISK WARNING
This video is for educational and entertainment purposes only. I am not a financial advisor. The content presented here is based on my own due diligence and analysis of public documents (prospectuses, fact sheets) as of January 2026.
Trading securities, specifically options-based ETFs and 0DTE strategies, involves a high degree of risk and the potential for the loss of principal. "Yields" discussed are historical or theoretical and are not guarantees of future payments.
• Past performance is not indicative of future results.
• 0DTE strategies carry specific Gamma and execution risks not found in traditional funds.
• Tax discussions are general; consult a CPA for your specific tax situation regarding Section 1256 and Mixed Straddles.
Please do your own research before investing.
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