YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Share Price Breaks Above Fifty Day Moving Average – Time to Sell?

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY – Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $10.38 and traded as high as $10.96. YieldMax AMZN Option Income Strategy ETF shares last traded at $10.73, with a volume of 777,540 shares.

YieldMax AMZN Option Income Strategy ETF Stock Up 5.9%

The firm has a 50 day moving average price of $10.38 and a 200 day moving average price of $11.24.

About YieldMax AMZN Option Income Strategy ETF

(Get Free Report)

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.

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