Business
Tuttle Capital Management Launches the Tuttle Capital Meme Stock Income Blast ETF (MEMY)
Greenwich, Connecticut--(Newsfile Corp. - January 20, 2026) - Tuttle Capital Management, a leading provider of thematic and alternatives ETFs, today announced the launch of the Tuttle Capital Meme Stock Income Blast ETF (CBOE: MEMY), now trading on the CBOE.MEMY is an actively managed exchange-traded fund that seeks to provide current income and exposure to the equity performance of "Meme Stocks"-companies that gain significant popularity among retail investors through social media...
About this update from Cboe Global Markets, Inc.
[{"type":"text","content":"Greenwich, Connecticut--(Newsfile Corp. - January 20, 2026) - Tuttle Capital Management, a leading provider of thematic and alternatives ETFs, today announced the launch of the Tuttle Capital Meme Stock Income Blast ETF (CBOE: MEMY), now trading on the CBOE.","length":258,"tagName":"p"},{"type":"text","content":"MEMY is an actively managed exchange-traded fund that seeks to provide current income and exposure to the equity performance of "Meme Stocks"-companies that gain significant popularity among retail investors through social media platforms-using an options-based strategy designed to harvest option premium while maintaining equity-like exposure to these high-velocity companies.","length":388,"tagName":"p"},{"type":"text","content":"The fund combines exposure to a portfolio of 15 to 30 meme stocks with a systematic put-spread program implemented with listed options and FLEX Options® to potentially generate income. The goal is to give investors a way to seek an options-enhanced, rules-driven income stream tied to the heightened volatility often found in retail-driven market phenomena.","length":357,"tagName":"p"},{"type":"text","content":"Turning Meme Stock Volatility Into an Income Strategy","length":53,"tagName":"p"},{"type":"text","content":"Meme stocks-often popularized on platforms such as Reddit's r/wallstreetbets, Twitter (X), and Discord-have become a disruptive force in modern markets, often trading on sentiment and retail energy rather than traditional fundamentals. They tend to exhibit extreme volatility, which creates unique opportunities in the options market.","length":338,"tagName":"p"},{"type":"text","content":"The Tuttle Capital Meme Stock Income Blast ETF is built on a straightforward idea: use a disciplined options structure to seek to convert that specific type of retail-driven volatility into a stream of option premium, while maintaining targeted economic exposure to the underlying stocks.","length":288,"tagName":"p"},{"type":"text","content":"Rather than simply gambling on the next "moonshot," MEMY seeks to:","length":76,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Identify trending meme stocks through social media and retail sentiment monitoring.","length":83,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Provide economic exposure app...