New ETF from Tuttle Capital Aims to Harness Magnificent 7
GREENWICH, Conn. – Tuttle Capital Management has introduced the Tuttle Capital Magnificent 7 Income Blast ETF (CBOE: MAGO), available for trading on the CBOE as of December 30, 2025.
MAGO is an actively managed exchange-traded fund designed to provide income while maintaining exposure to the “Magnificent 7” companies: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla. The fund’s strategy focuses on capturing option premiums while reflecting the stock performance of these influential firms.
This unique approach combines direct investment in the Magnificent 7 with a systematic put spread program that utilizes listed options and FLEX Options. The goal is to create a rules-based income stream tied to the volatility often seen in these stocks. It’s not just about holding onto these stocks; it’s about finding ways to earn income from their price fluctuations.
The Magnificent 7 are pivotal in driving market performance and innovation. They also exhibit notable volatility, which can open doors for options trading. The Tuttle Capital Magnificent 7 Income Blast ETF aims to establish a disciplined options structure that seeks to maintain exposure to these stocks while converting volatility into income.
- Direct economic exposure: The fund aims for around 100% of the price returns of the Magnificent 7 through direct investments and options.
- Systematic put spreads: The fund will utilize put options to generate additional income.
Matthew Tuttle, CEO of Tuttle Capital Management, emphasized that while investors often feel their choices are limited to either owning the Magnificent 7 directly or passing altogether, MAGO provides an alternative: a structured, income-focused strategy that leverages the stocks’ volatility.
MAGO’s Strategy Components
- Core exposure: The fund intends to offer close to full economic exposure to the Magnificent 7’s price returns, primarily through investment in their securities and options.
- Put spread strategy: The fund will systematically engage in selling put options to limit initial costs and potential risks while aiming for income generation.
- Regular rebalancing: A disciplined approach will be taken to roll over put spreads, aligning with market changes.
- Concentration on key stocks: MAGO isn’t diversified, allowing for a more significant investment in the Magnificent 7, which, while increasing volatility, meets its income generation aim.
To conclude, while investing in the Magnificent 7 can appear straightforward, Tuttle Capital offers a more complex but potentially rewarding strategy, inviting investors to rethink their approach.


