YieldMax MSTR Option Income Strategy ETF Sees Unusually High Options Volume (NYSEARCA:MSTY)

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) was the recipient of unusually large options trading on Wednesday. Traders acquired 189,051 call options on the stock. This represents an increase of approximately 1,722% compared to the average volume of 10,378 call options.

YieldMax MSTR Option Income Strategy ETF Trading Up 1.7 %

Shares of YieldMax MSTR Option Income Strategy ETF stock opened at $25.12 on Thursday. YieldMax MSTR Option Income Strategy ETF has a twelve month low of $17.10 and a twelve month high of $46.50. The company has a 50-day simple moving average of $21.51 and a two-hundred day simple moving average of $27.11.

Institutional Investors Weigh In On YieldMax MSTR Option Income Strategy ETF

Several institutional investors have recently made changes to their positions in the stock. OLD Mission Capital LLC increased its stake in YieldMax MSTR Option Income Strategy ETF by 302.1% in the fourth quarter. OLD Mission Capital LLC now owns 40,853 shares of the company’s stock valued at $1,075,000 after acquiring an additional 30,694 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in shares of YieldMax MSTR Option Income Strategy ETF during the 4th quarter worth $786,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of YieldMax MSTR Option Income Strategy ETF during the 1st quarter worth $375,000. Argent Advisors Inc. boosted its stake in YieldMax MSTR Option Income Strategy ETF by 100.0% in the first quarter. Argent Advisors Inc. now owns 20,000 shares of the company’s stock valued at $407,000 after buying an additional 10,000 shares in the last quarter. Finally, Worth Asset Management LLC bought a new position in YieldMax MSTR Option Income Strategy ETF in the fourth quarter valued at about $207,000.

About YieldMax MSTR Option Income Strategy ETF

The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys.