YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Trading Down 1% – Time to Sell?

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLYGet Free Report) was down 1% during trading on Thursday . The stock traded as low as $7.52 and last traded at $7.58. Approximately 48,233 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 129,153 shares. The stock had previously closed at $7.66.

YieldMax NFLX Option Income Strategy ETF Trading Up 0.4%

The company has a 50-day moving average price of $8.10 and a two-hundred day moving average price of $9.70.

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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