1. The YieldMax NVDA Option Income Strategy ETF (NVDY) offers high dividend yields through synthetic option strategies, providing indirect exposure to Nvidia with a 51.5% dividend yield; 2. NVDY's synthetic covered call strategy generates income but comes with higher risk and capped upside, suitable mainly for income-focused investors; 3. The fund's high distributions can be used for supplemental income or reinvested, but investors should be cautious of price volatility and potential capital deterioration.