YieldMax Short TSLA Option Income Strategy ETF (NYSEARCA:CRSH) Trading Down 4.5% – Here’s Why

Shares of YieldMax Short TSLA Option Income Strategy ETF (NYSEARCA:CRSHGet Free Report) fell 4.5% during trading on Monday . The stock traded as low as $19.40 and last traded at $19.40. 12,664 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 23,562 shares. The stock had previously closed at $20.31.

YieldMax Short TSLA Option Income Strategy ETF Price Performance

The company’s 50 day simple moving average is $21.41 and its 200 day simple moving average is $23.29.

About YieldMax Short TSLA Option Income Strategy ETF

(Get Free Report)

The YieldMax Short TSLA Option Income Strategy ETF (CRSH) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide current income and indirect exposure to declines in Tesla stock (TSLA) through a synthetic covered put strategy, using US Treasurys as collateral. The actively managed ETF employs both standardized exchange-traded and FLEX options to offer inverse exposure to TSLAs share price, with a cap on potential gains CRSH was launched on May 1, 2024 and is issued by YieldMax.

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