Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Trading Up 2.4% – Still a Buy?

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP)’s share price shot up 2.4% during trading on Monday . The stock traded as high as $25.94 and last traded at $25.94. 3,301 shares changed hands during trading, a decline of 55% from the average session volume of 7,342 shares. The stock had previously closed at $25.34.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Trading Up 0.6%

The company has a fifty day simple moving average of $24.68 and a two-hundred day simple moving average of $29.85.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Company Profile

The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) 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 short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLP was launched on Oct 27, 2023 and is issued by Kurv.