YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Stock Price Down 1% – Should You Sell?

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLYGet Free Report) dropped 1% on Thursday . The company traded as low as $7.52 and last traded at $7.58. Approximately 48,233 shares changed hands during trading, a decline of 63% from the average session volume of 129,153 shares. The stock had previously closed at $7.66.

YieldMax NFLX Option Income Strategy ETF Price Performance

The company has a 50 day moving average of $8.14 and a 200 day moving average of $9.71.

About YieldMax NFLX Option Income Strategy ETF

(Get Free Report)

The YieldMax NFLX Option Income Strategy ETF (NFLY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLY was launched on Aug 7, 2023 and is issued by YieldMax.

Featured Articles

Receive News & Ratings for YieldMax NFLX Option Income Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax NFLX Option Income Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.