Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Shares Up 3.4% – Still a Buy?

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP)’s share price shot up 3.4% during mid-day trading on Tuesday . The stock traded as high as $29.36 and last traded at $29.36. 3,418 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 7,596 shares. The stock had previously closed at $28.39.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Trading Up 3.4%

The firm’s fifty day simple moving average is $25.18 and its two-hundred day simple moving average is $28.80.

About Kurv Yield Premium Strategy Netflix (NFLX) ETF

The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLP was launched on Oct 27, 2023 and is issued by Kurv.