YieldMax BABA Option Income Strategy ETF
YieldMax BABA Option Strategy ETF (AMEX: BABO) is an exchange-traded fund listed on NYSE Arca, trading at $7.23 (about ₹694 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 1% and holds 16 securities. Indian residents can buy BABO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$7.20
Today's high
$7.29
52 week low
$7.00
52 week high
$20.00
BABO opened at $7.29, closed previously at $7.28, and has traded between $7.00 and $20.00 over the past 52 weeks.
About
The YieldMax BABA Option Income Strategy ETF, known by its ticker BABO, operates as an actively managed exchange-traded fund. Its primary objective is to deliver consistent weekly income to investors. This is achieved through the systematic sale of call options or call spreads, which are linked to the performance of BABA stock. The fund's method is designed to collect premiums from these option sales, while also allowing for some participation in any appreciation of BABA's share price.
Key statistics
Expense ratio
1%
Assets (AUM)
$13.6M
Holdings
16
NAV
$7.26
Avg. volume
—
1-year price change
-61.38%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
BABO holds 16 securities in total. These 10 are 118.9% of the fund.
Where the money is invested
Countries
How to buy BABO from India
Indian residents can buy BABO units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search BABO and buy
Find the fund by its ticker, BABO, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in BABO from India
Trading and taxes when buying BABO from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the BABO price today?
YieldMax BABA Option Strategy ETF (BABO) last traded at $7.23 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹694 a unit at the 25 Sep 2026 USD/INR rate.
When does BABO trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is BABO, and what does it cost to hold?
YieldMax BABA Option Strategy ETF manages about $13.6M. Its expense ratio is 1% a year, deducted inside the fund. It launched in 2024.
What are BABO's largest holdings?
The top three are United States Treasury Note/Bond 2.375% 05/15/2027 (54.9%), United States Treasury Bill 02/18/2027 (34.2%) and United States Treasury Bill 07/08/2027 (26.0%). BABO's 10 largest positions make up 118.9% of the fund.
Does BABO pay dividends?
Yes. BABO is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on BABO taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of BABO?
Yes. You can buy BABO by amount rather than by whole unit, and there is no minimum trade size.
How has BABO performed?
BABO's price is down 61.4% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.