YieldMax MRNA Option Income Strategy ETF (NYSEARCA:MRNY) Trading 9.2% Higher – Should You Buy?

YieldMax MRNA Option Income Strategy ETF (NYSEARCA:MRNYGet Free Report)’s share price shot up 9.2% during trading on Friday . The company traded as high as $19.20 and last traded at $18.70. Approximately 308,695 shares were traded during mid-day trading, an increase of 49% from the average daily volume of 207,254 shares. The stock had previously closed at $17.13.

YieldMax MRNA Option Income Strategy ETF Trading Up 9.2%

The company has a 50-day moving average of $16.54 and a two-hundred day moving average of $17.59.

YieldMax MRNA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax MRNA Option Income Strategy ETF (MRNY) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to provide current income and capped gains on the Moderna stock (MRNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MRNY was launched on Oct 23, 2023 and is issued by YieldMax.

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