YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) Stock Price Up 1.6% – Still a Buy?

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPYGet Free Report)’s share price was up 1.6% during trading on Monday . The stock traded as high as $25.47 and last traded at $25.24. Approximately 5,144 shares were traded during trading, a decline of 75% from the average daily volume of 20,925 shares. The stock had previously closed at $24.85.

YieldMax PYPL Option Income Strategy ETF Stock Performance

The stock has a market cap of $24.74 million, a PE ratio of 18.19 and a beta of 0.81. The business has a 50 day moving average price of $28.02 and a two-hundred day moving average price of $32.93.

YieldMax PYPL Option Income Strategy ETF Company Profile

(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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