OPTZ Stock Summary and Trading Ideas (Optimize Strategy Index ETF | NASDAQ:OPTZ)

The Optimize Strategy Index ETF (OPTZ) is a passive exchange traded fund that seeks to track the performance of the Optimize Strategy Index (OPTSI), which is managed by Optimize Financial Inc. The Optimize Strategy Index (the "Index") aims to generate excess returns as compared to the broader U.S. equity market over an economic cycle. It seeks to do so by focusing on companies that exhibit a favorable profile with regard to various fundamental metrics including the ratio of current Earnings Per Share (EPS) over the trailing 10-year average EPS, the current Price to Earnings (P/E) ratio, and the 2-year forward EPS growth estimate for large capitalization companies and the Price to Sales (P/S) ratio for small Capitalization companies.

Optimize Strategy Index ETF trades on the NASDAQ stock market under the symbol OPTZ.

As of May 17, 2024, OPTZ stock price declined to $26.59 with 205,347 million shares trading.

OPTZ has a market cap of $79.78 million. This is considered a Micro Cap stock.

OPTZ support price is $26.41 and resistance is $26.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OPTZ stock will trade within this expected range on the day.