SoFi Enhanced Yield ETF (THTA) Stock Price, Quote, News & History | Benzinga

The Fund seeks to achieve its objective by combining a strategy of holding U.S. Treasury Bills and/or U.S. Treasury Bonds, with a 'credit spread' option strategy to seek to generate enhanced yield. For the Funds credit spread strategy, the Fund enters into credit put spreads or credit call spreads based on the ZEGA's return versus risk assessment with respect to the broad stock market and the options market. ZEGA manages the Fund using its High Probability Options Strategy (HiPOS or the Strategy), by which it seeks to provide risk-adjusted returns for the Fund that are uncorrelated to both equity and fixed income markets by using an alternative trading strategy, and reducing the need to predict future market movements.