YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT – Get Free Report) shares shot up 1.9% on Thursday . The company traded as high as $20.75 and last traded at $20.69. Approximately 36,228 shares traded hands during trading, a decline of 56% from the average session volume of 83,164 shares. The stock had previously closed at $20.30.
YieldMax Short COIN Option Income Strategy ETF Price Performance
The firm has a 50-day moving average of $21.78 and a 200-day moving average of $24.88.
About YieldMax Short COIN Option Income Strategy ETF
The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.
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