Tuttle Capital Management launched its new Tuttle Capital Magnificent 7 Income Blast ETF (ticker MAGO) on the CBOE on December 30, 2025. The fund gives investors exposure to the “Magnificent 7” technology leaders—Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla—through an actively managed, options‑based strategy that harvests option premium while maintaining equity‑like exposure.
The strategy combines direct equity exposure to the seven giants with a systematic put‑spread program designed to generate current income. By selling out‑of‑the‑money puts and buying deeper‑in‑the‑money puts, the fund captures premium while limiting downside risk, a model that has become popular among investors seeking yield in a high‑volatility environment.
Tuttle Capital has a history of launching innovative ETFs, including inverse and options‑based income products that target high‑growth sectors. The MAGO launch continues that pattern and positions the firm as a leading provider of niche, income‑focused strategies in the technology space.
CBOE’s expansion of its ETF listings to over 1,400 products underscores its role as a primary venue for innovative funds. Adding MAGO strengthens the exchange’s portfolio of actively managed and derivative‑based ETFs, potentially increasing trading volume and attracting additional issuers.
While the fund has no historical performance data, its focus on the most influential technology companies and its option‑premium strategy aim to deliver a higher yield than traditional equity ETFs, offering investors a new way to capture growth while mitigating volatility.
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