YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Shares Gap Up – Here’s Why

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTYGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $16.48, but opened at $17.48. YieldMax MSTR Option Income Strategy ETF shares last traded at $17.5930, with a volume of 1,075,913 shares.

YieldMax MSTR Option Income Strategy ETF Stock Up 7.5%

The stock has a fifty day moving average of $13.72 and a 200-day moving average of $18.46.

YieldMax MSTR Option Income Strategy ETF Company Profile

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The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.

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