YieldMax TSLA Option Income Strategy ETF Target of Unusually High Options Trading (NYSEARCA:TSLY)

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) was the recipient of unusually large options trading activity on Wednesday. Traders bought 67,233 call options on the stock. This is an increase of approximately 2,392% compared to the average volume of 2,698 call options.

Institutional Investors Weigh In On YieldMax TSLA Option Income Strategy ETF

Large investors have recently modified their holdings of the stock. ORG Wealth Partners LLC purchased a new stake in shares of YieldMax TSLA Option Income Strategy ETF during the 1st quarter worth approximately $27,000. FNY Investment Advisers LLC purchased a new position in YieldMax TSLA Option Income Strategy ETF in the 4th quarter valued at approximately $95,000. Cambridge Investment Research Advisors Inc. grew its stake in YieldMax TSLA Option Income Strategy ETF by 25.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 35,311 shares of the company’s stock valued at $291,000 after buying an additional 7,154 shares in the last quarter. OLD Mission Capital LLC purchased a new position in YieldMax TSLA Option Income Strategy ETF in the 1st quarter valued at approximately $544,000. Finally, Sunbelt Securities Inc. grew its stake in YieldMax TSLA Option Income Strategy ETF by 7.0% in the 4th quarter. Sunbelt Securities Inc. now owns 219,734 shares of the company’s stock valued at $3,237,000 after buying an additional 14,394 shares in the last quarter.

YieldMax TSLA Option Income Strategy ETF Price Performance

YieldMax TSLA Option Income Strategy ETF stock opened at $9.05 on Friday. YieldMax TSLA Option Income Strategy ETF has a 52 week low of $6.90 and a 52 week high of $18.22. The company’s 50 day moving average price is $8.28 and its two-hundred day moving average price is $11.79.

YieldMax TSLA Option Income Strategy ETF Company Profile

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.