Tuttle Capital Management Launches the Tuttle Capital Magnificent 7 Income Blast ETF (MAGO)

About this update from Cboe Global Markets, Inc.

[{"type":"text","content":"Greenwich, Connecticut--(Newsfile Corp. - December 30, 2025) - Tuttle Capital Management, a leading provider of thematic and alternatives ETFs, today announced the launch of the Tuttle Capital Magnificent 7 Income Blast ETF (CBOE: MAGO), now trading on the CBOE.","length":262,"tagName":"p"},{"type":"text","content":"MAGO is an actively managed exchange-traded fund that seeks to provide current income and exposure to the equity performance of the "Magnificent 7" - Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla - using an options1-based strategy designed to harvest option premium while maintaining equity-like exposure to these market-defining companies.","length":374,"tagName":"p"},{"type":"text","content":"The fund combines direct exposure to the Magnificent 7 with a systematic put-spread2 program implemented with listed options and FLEX Options®3 to potentially generate income. The goal is to give investors a way to seek an options-enhanced, rules-driven income stream tied to some of the most influential stocks in global markets.","length":330,"tagName":"p"},{"type":"text","content":"Turning the Magnificent 7 Into an Income Strategy","length":49,"tagName":"p"},{"type":"text","content":"The Magnificent 7 - Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla - have become core drivers of index performance, innovation, and investor attention. They also tend to exhibit significant volatility, which creates opportunities in the options market.","length":275,"tagName":"p"},{"type":"text","content":"The Tuttle Capital Magnificent 7 Income Blast ETF is built on a straightforward idea: use a disciplined options structure to seek to convert that volatility into a stream of option premium, while maintaining targeted economic exposure to the underlying stocks.","length":260,"tagName":"p"},{"type":"text","content":"Rather than simply owning the Magnificent 7 outright, MAGO seeks to:","length":68,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Provide economic exposure approximating the price return (before fees and expenses) of the Magnificent 7 basket,","length":112,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Systematically write put spreads on those names to generate additional income.","length":78,"tagName":"p","attribs":{}}]}],"tagName":"ul","...

More updates from Cboe Global Markets, Inc.