YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) Shares Up 0.3% – Still a Buy?

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY – Get Free Report) shares traded up 0.3% during trading on Tuesday. The stock traded as high as $26.23 and last traded at $26.10. 9,833 shares were traded during trading, a decline of 52% from the average daily volume of 20,573 shares. The stock had previously closed at $26.02.

YieldMax PYPL Option Income Strategy ETF Stock Up 0.5%

The stock has a market capitalization of $13.39 million, a P/E ratio of 18.19 and a beta of 0.69. The business has a fifty day moving average price of $27.38 and a 200-day moving average price of $27.72.

About YieldMax PYPL Option Income Strategy ETF

(Get Free Report)

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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