REX IncomeMax Option Strategy ETF trades under ticker ULTI on NASDAQ as an ETF. Use this page to review its market price, share price, dividends, and price history. The page also shows Defined Outcome exposure. Identifiers: ISIN US7615628671, CUSIP 761562867.
The REX IncomeMax Option Strategy ETF is an actively managed exchange-traded fund designed to capture regular income by harnessing volatility through dynamic options strategies. The fund primarily targets some of the most volatile publicly traded U.S. stocks, typically maintaining a concentrated portfolio of 20 to 30 equities. Utilizing a systematic approach, it engages in both put and call options, dynamically adjusting its exposures and option positions in response to evolving market conditions. The core objective is to convert market volatility into frequent income distributions while seeking to mitigate downside risk during extreme market moves through active management and risk controls. This ETF represents a sophisticated alternative-income strategy inspired by techniques employed in hedge funds, aiming to offer investors higher-frequency payouts tied to options premiums. REX Shares, the sponsor, is recognized for innovative exchange-traded product solutions, particularly in alternative and options-based strategies. While the fund seeks to deliver income, its approach entails higher complexity and risk compared to traditional diversified equity funds, making it more suitable for experienced investors who are able to actively monitor their holdings and understand the intricacies of options-based income generation.