YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT – Get Free Report) was down 4.8% during mid-day trading on Friday. The company traded as low as $18.77 and last traded at $18.95. Approximately 42,319 shares were traded during mid-day trading, an increase of 16% from the average session volume of 36,538 shares. The stock had previously closed at $19.91.
YieldMax Bitcoin Option Income ETF Stock Performance
The business has a 50 day moving average of $20.73 and a 200-day moving average of $22.55.
About YieldMax Bitcoin Option Income ETF
The YieldMax Bitcoin Option Income Strategy ETF (YBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a synthetic covered call strategy based on futures contracts against Bitcoin. The strategy aims to provide income in which gains are capped and losses are not YBIT was launched on Apr 22, 2024 and is issued by YieldMax.
Further Reading
- Five stocks we like better than YieldMax Bitcoin Option Income ETF
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for YieldMax Bitcoin Option Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax Bitcoin Option Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
