YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Shares Up 4.8% – What’s Next?

Shares of YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNYGet Free Report) traded up 4.8% during mid-day trading on Friday . The company traded as high as $23.35 and last traded at $23.35. 24,895 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 39,382 shares. The stock had previously closed at $22.27.

YieldMax CVNA Option Income Strategy ETF Stock Up 4.8%

The stock’s fifty day moving average price is $25.79 and its 200-day moving average price is $31.40.

YieldMax CVNA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax CVNA Option Income Strategy ETF (CVNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Carvana stock (CVNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. CVNY was launched on Jan 29, 2025 and is issued by YieldMax.

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