YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY – Get Free Report) rose 2.8% during mid-day trading on Wednesday. The stock traded as high as $6.29 and last traded at $6.24. 77,480 shares changed hands during trading, a decline of 30% from the average session volume of 110,032 shares. The stock had previously closed at $6.07.
YieldMax NFLX Option Income Strategy ETF Price Performance
The stock has a fifty day moving average price of $6.86 and a 200-day moving average price of $8.85.
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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