YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Trading Down 1% – Here’s Why

Shares of YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY – Get Free Report) dropped 1% during trading on Friday . The company traded as low as $11.82 and last traded at $11.90. Approximately 70,589 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 173,326 shares. The stock had previously closed at $12.02.

YieldMax AAPL Option Income Strategy ETF Price Performance

The firm’s 50-day moving average price is $12.27 and its two-hundred day moving average price is $12.57.

About YieldMax AAPL Option Income Strategy ETF

(Get Free Report)

The YieldMax AAPL Option Income Strategy ETF (APLY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. APLY was launched on Apr 18, 2023 and is managed by Tidal.

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