YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Shares Climb 4.7% – Should You Buy?

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY – Get Free Report) shot up 4.7% during trading on Monday. The stock traded as high as $22.59 and last traded at $22.6020. Approximately 251,142 shares were traded during trading, a decline of 61% from the average daily volume of 640,710 shares. The stock had previously closed at $21.59.

YieldMax TSLA Option Income Strategy ETF Stock Up 4.5%

The company’s fifty day moving average price is $22.15 and its 200-day moving average price is $25.54.

Institutional Trading of YieldMax TSLA Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax TSLA Option Income Strategy ETF stock. NFSG Corp raised its stake in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY – Free Report) by 34.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,584 shares of the company’s stock after buying an additional 1,166 shares during the period. NFSG Corp’s holdings in YieldMax TSLA Option Income Strategy ETF were worth $99,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

YieldMax TSLA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSLY was launched on Oct 22, 2022 and is managed by YieldMax.

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