YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) Stock Price Up 0.6% – Should You Buy?

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPYGet Free Report) was up 0.6% on Monday . The stock traded as high as $25.86 and last traded at $25.82. Approximately 4,725 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 21,111 shares. The stock had previously closed at $25.66.

YieldMax PYPL Option Income Strategy ETF Trading Down 0.5%

The stock has a market capitalization of $14.41 million, a P/E ratio of 18.19 and a beta of 0.69. The business has a fifty day simple moving average of $28.97 and a 200 day simple moving average of $28.17.

YieldMax PYPL Option Income Strategy ETF Company Profile

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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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