YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY – Get Free Report) was up 1.6% during trading on Monday . The company traded as high as $25.47 and last traded at $25.24. Approximately 5,144 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 20,925 shares. The stock had previously closed at $24.85.
YieldMax PYPL Option Income Strategy ETF Stock Down 3.2%
The firm has a market capitalization of $24.24 million, a price-to-earnings ratio of 18.19 and a beta of 0.81. The firm’s 50 day moving average is $27.86 and its 200 day moving average is $32.66.
About YieldMax PYPL Option Income Strategy ETF
The YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Paypal stock (PYPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. PYPY was launched on Sep 25, 2023 and is issued by YieldMax.
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