YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY – Get Free Report)’s stock price was up 0.7% on Thursday . The stock traded as high as $25.54 and last traded at $25.54. 1,874 shares changed hands during trading, a decline of 91% from the average session volume of 20,132 shares. The stock had previously closed at $25.35.
YieldMax PYPL Option Income Strategy ETF Trading Up 1.4%
The company has a market capitalization of $11.91 million, a price-to-earnings ratio of 18.19 and a beta of 0.84. The firm’s 50 day moving average price is $26.09 and its two-hundred day moving average price is $30.63.
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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