The YieldMax Universe Fund of Option Income ETFs (YMAX) closed up 0.66% at $18.30 on December 16, 2024, as the options market showed positive momentum ahead of the Federal Reserve's FOMC meeting later this week. The broader market sentiment was buoyed by a slight decline in the 10-year Treasury note yield to 4.395% and a lower U.S. Dollar Index at 106.86, which generally supports equities. Additionally, Tesla, a key component in the YieldMax TSLA Option Income Strategy ETF, saw notable activity, contributing to the positive sentiment. The YieldMax strategy, which involves high-yielding income generation through options, continues to attract investors seeking income amplification, despite the inherent risks associated with single stock volatility.