YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) Shares Up 2.6% – Still a Buy?

YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT – Get Free Report)’s share price was up 2.6% on Friday. The company traded as high as $15.68 and last traded at $15.60. 749,891 shares were traded during mid-day trading, an increase of 839% from the average session volume of 79,891 shares. The stock had previously closed at $15.21.

YieldMax Short COIN Option Income Strategy ETF Stock Up 2.6%

The company has a 50 day moving average of $17.80 and a two-hundred day moving average of $20.95.

YieldMax Short COIN Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.

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