YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY – Get Free Report)’s share price crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $26.08 and traded as high as $26.35. YieldMax PYPL Option Income Strategy ETF shares last traded at $26.30, with a volume of 13,348 shares changing hands.
YieldMax PYPL Option Income Strategy ETF Stock Up 1.5%
The company has a market capitalization of $23.93 million, a price-to-earnings ratio of 18.19 and a beta of 0.52. The firm has a 50 day moving average price of $26.08 and a two-hundred day moving average price of $28.11.
About YieldMax PYPL Option Income Strategy ETF
The YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Paypal stock (PYPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. PYPY was launched on Sep 25, 2023 and is issued by YieldMax.
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