YieldMax Innovation Option Income Strategy ETF (NYSEARCA:OARK – Get Free Report)’s share price rose 2.1% during mid-day trading on Friday . The company traded as high as $30.29 and last traded at $30.24. 12,965 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 18,443 shares. The stock had previously closed at $29.62.
YieldMax Innovation Option Income Strategy ETF Stock Performance
The company has a 50 day simple moving average of $29.79 and a 200 day simple moving average of $31.24.
About YieldMax Innovation Option Income Strategy ETF
The YieldMax ARKK Option Income Strategy ETF (OARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to provide current income and capped gains on the ARK Innovation ETF (ARKK) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. OARK was launched on Nov 22, 2022 and is managed by YieldMax.
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