YieldMax Short TSLA Option Income Strategy ETF (NYSEARCA:CRSH) Stock Price Down 2.3% – What’s Next?

YieldMax Short TSLA Option Income Strategy ETF (NYSEARCA:CRSHGet Free Report)’s stock price fell 2.3% on Friday . The company traded as low as $21.86 and last traded at $22.12. 14,142 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 24,276 shares. The stock had previously closed at $22.63.

YieldMax Short TSLA Option Income Strategy ETF Trading Down 2.3%

The stock’s 50 day moving average is $21.54 and its 200 day moving average is $23.89.

YieldMax Short TSLA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax Short TSLA Option Income Strategy ETF (CRSH) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide current income and indirect exposure to declines in Tesla stock (TSLA) through a synthetic covered put strategy, using US Treasurys as collateral. The actively managed ETF employs both standardized exchange-traded and FLEX options to offer inverse exposure to TSLAs share price, with a cap on potential gains CRSH was launched on May 1, 2024 and is issued by YieldMax.

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