YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY – Get Free Report) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $9.88 and traded as low as $9.42. YieldMax SNOW Option Income Strategy ETF shares last traded at $9.72, with a volume of 136,878 shares changing hands.
YieldMax SNOW Option Income Strategy ETF Trading Down 5.7%
The firm’s fifty day moving average price is $11.08 and its two-hundred day moving average price is $9.88.
About YieldMax SNOW Option Income Strategy ETF
The YieldMax SNOW Option Income Strategy ETF (SNOY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Snowflake stock (SNOW) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. SNOY was launched on Jun 10, 2024 and is issued by YieldMax.
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