YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY – Get Free Report)’s stock price shot up 0.9% during mid-day trading on Thursday. The company traded as high as $6.82 and last traded at $6.81. 47,769 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 113,612 shares. The stock had previously closed at $6.75.
YieldMax NFLX Option Income Strategy ETF Stock Down 1.5%
The firm’s fifty day moving average is $7.42 and its 200-day moving average is $8.64.
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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