YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY – Get Free Report) dropped 2.4% during mid-day trading on Tuesday . The company traded as low as $9.18 and last traded at $9.18. Approximately 118,492 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 152,190 shares. The stock had previously closed at $9.41.
YieldMax NFLX Option Income Strategy ETF Stock Down 2.0%
The stock’s fifty day moving average price is $10.27 and its 200-day moving average price is $11.17.
About YieldMax NFLX Option Income Strategy ETF
The YieldMax NFLX Option Income Strategy ETF (NFLY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLY was launched on Aug 7, 2023 and is issued by YieldMax.
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