YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Trading 0.2% Higher – Time to Buy?

YieldMax META Option Income Strategy ETF (NYSEARCA:FBYGet Free Report)’s stock price rose 0.2% during mid-day trading on Tuesday . The company traded as high as $8.99 and last traded at $8.97. 59,489 shares were traded during trading, a decline of 63% from the average session volume of 161,311 shares. The stock had previously closed at $8.95.

YieldMax META Option Income Strategy ETF Stock Down 4.9%

The company’s fifty day moving average price is $9.88 and its 200 day moving average price is $11.08. The company has a market capitalization of $92.42 million, a P/E ratio of 26.70 and a beta of 1.26.

About YieldMax META Option Income Strategy ETF

(Get Free Report)

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.

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