Shares of YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY – Get Free Report) were up 0.7% on Friday. The stock traded as high as $26.72 and last traded at $26.68. 8,643 shares traded hands during trading, a decline of 55% from the average session volume of 19,345 shares. The stock had previously closed at $26.50.
YieldMax PYPL Option Income Strategy ETF Stock Up 0.7%
The company has a market cap of $24.28 million, a price-to-earnings ratio of 18.19 and a beta of 0.64. The stock has a fifty day moving average price of $26.09 and a two-hundred day moving average price of $28.42.
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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