Sunday, January 4, 2026

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

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.

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.

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.

Turning the Magnificent 7 Into an Income Strategy

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.

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.

Rather than simply owning the Magnificent 7 outright, MAGO seeks to:

  • Provide economic exposure approximating the price return (before fees and expenses) of the Magnificent 7 basket,

  • Systematically write put spreads on those names to generate additional income.

“In today’s market, everyone talks about the Magnificent 7, but most investors only have two choices: own them outright or ignore them,” said Matthew Tuttle, CEO and Chief Investment Officer of Tuttle Capital Management. “With MAGO, we’re trying to give income-focused investors another option – a rules-based strategy that seeks to turn the volatility of these names into a potential income stream, while still keeping full exposure to their price moves.”

A Unique Approach to Magnificent 7 Income

MAGO’s strategy uses several key building blocks:

  • Magnificent 7 Core Exposure
    The fund seeks economic exposure approximating 100% of the price return of the Magnificent 7 (before fees and expenses), primarily through direct investments in their stocks and/or through listed options and FLEX Options on those names, as outlined in the prospectus.

  • Systematic Put-Spread Strategy
    MAGO implements a systematic put-spread program on the Magnificent 7, typically selling put options4 and buying further out-of-the-money puts on the same names. This structure is intended to generate option premium, define downside exposure to the option positions, and support the fund’s income objectives.

  • Regular Rebalancing and Roll Discipline
    The fund intends to implement and roll its put spreads on a regular schedule, re-establishing positions as prior spreads expire or are closed. This rules-based process is designed to keep the strategy aligned with current market conditions and the fund’s income targets, subject to the risks described in the prospectus.

  • Focused but Non-Diversified Exposure
    MAGO is non-diversified, meaning it can invest a greater percentage of its assets in the Magnificent 7 than a diversified fund. This concentration can increase volatility and risk, but is central to the fund’s objective of tying income generation to these specific, high-impact stocks.

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