YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT – Get Free Report)’s stock price dropped 4.5% on Monday . The stock traded as low as $16.07 and last traded at $16.17. 39,637 shares traded hands during trading, a decline of 50% from the average session volume of 78,556 shares. The stock had previously closed at $16.94.
YieldMax Short COIN Option Income Strategy ETF Trading Down 4.5%
The business’s 50-day simple moving average is $20.38 and its 200-day simple moving average is $23.04.
YieldMax Short COIN Option Income Strategy ETF Company Profile
The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.
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