YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) Shares Down 4.2% – Time to Sell?

YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIATGet Free Report)’s stock price traded down 4.2% on Friday . The stock traded as low as $20.34 and last traded at $20.46. Approximately 41,865 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 80,066 shares. The stock had previously closed at $21.35.

YieldMax Short COIN Option Income Strategy ETF Price Performance

The business’s 50 day moving average is $21.61 and its two-hundred day moving average is $24.28.

YieldMax Short COIN Option Income Strategy ETF Company Profile

(Get Free Report)

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.

Further Reading

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