YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Trading Up 1.7% – Here’s Why

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLYGet Free Report)’s share price traded up 1.7% during trading on Friday . The stock traded as high as $7.98 and last traded at $7.94. 67,955 shares were traded during trading, a decline of 44% from the average daily volume of 121,498 shares. The stock had previously closed at $7.81.

YieldMax NFLX Option Income Strategy ETF Trading Up 1.7%

The stock’s fifty day moving average price is $7.77 and its 200 day moving average price is $9.39.

YieldMax NFLX Option Income Strategy ETF Company Profile

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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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