YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Stock Price Up 0.2% – Time to Buy?

YieldMax META Option Income Strategy ETF (NYSEARCA:FBYGet Free Report)’s share price was up 0.2% on Tuesday . The stock traded as high as $8.99 and last traded at $8.97. 59,489 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 161,311 shares. The stock had previously closed at $8.95.

YieldMax META Option Income Strategy ETF Trading Up 0.2%

The stock’s 50 day moving average price is $9.92 and its two-hundred day moving average price is $11.10. The firm has a market capitalization of $89.52 million, a PE ratio of 26.70 and a beta of 1.22.

About YieldMax META Option Income Strategy ETF

(Get Free Report)

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.

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