YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) Trading Down 8.6% – Should You Sell?

YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTYGet Free Report) shares dropped 8.6% during mid-day trading on Tuesday . The stock traded as low as $60.26 and last traded at $60.62. Approximately 1,117,685 shares were traded during trading, an increase of 194% from the average daily volume of 379,610 shares. The stock had previously closed at $66.33.

YieldMax PLTR Option Income Strategy ETF Stock Down 8.6%

The company has a 50 day moving average of $68.00 and a two-hundred day moving average of $66.91.

YieldMax PLTR Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax PLTR Option Income Strategy ETF (PLTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on Palantir Technologies Inc (PLTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys PLTY was launched on Oct 7, 2024 and is issued by YieldMax.

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