YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Stock Price Up 0.9% – Still a Buy?

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) shares rose 0.9% during trading on Tuesday . The stock traded as high as $13.24 and last traded at $13.21. Approximately 257,908 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 450,756 shares. The stock had previously closed at $13.09.

YieldMax GOOGL Option Income Strategy ETF Stock Performance

The firm’s 50-day moving average is $13.72 and its 200 day moving average is $14.25. The firm has a market capitalization of $203.83 million, a P/E ratio of 23.63 and a beta of 0.51.

YieldMax GOOGL Option Income Strategy ETF Company Profile

The YieldMax GOOGL Option Income Strategy ETF (GOOY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Alphabet Inc stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and US Treasurys GOOY was launched on Jul 27, 2023 and is issued by YieldMax.