YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY – Get Free Report)’s stock price shot up 2.8% on Wednesday. The company traded as high as $6.29 and last traded at $6.24. Approximately 77,480 shares were traded 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 Stock Up 2.8%
The company’s 50 day moving average is $6.94 and its 200 day moving average is $8.90.
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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