YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Trading 0.5% Higher – Here’s What Happened

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLYGet Free Report)’s stock price shot up 0.5% on Thursday . The stock traded as high as $7.85 and last traded at $7.85. 82,518 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 136,530 shares. The stock had previously closed at $7.81.

YieldMax NFLX Option Income Strategy ETF Trading Up 0.5%

The stock’s 50-day simple moving average is $8.79 and its 200-day simple moving average is $10.15.

YieldMax NFLX Option Income Strategy ETF Company Profile

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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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