TSLP Stock Summary and Trading Ideas (Kurv Yield Premium Strategy Tesla ETF | BATS:TSLP)

The Fund is an actively managed exchange traded fund that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the common stock of Tesla Inc.; however the strategy limits potential investment gains related to share price appreciation. The Fund seeks to employ its investment strategy as it relates to TSLA in all market, economic, or other conditions. The Fund uses a synthetic covered call strategy to provide (1) income derived from options premiums and (2) exposure to the share price returns of TSLA, subject to a limit on potential share price returns on TSLA as a result of the nature of the options strategy it employs.

Kurv Yield Premium Strategy Tesla ETF trades on the BATS stock market under the symbol TSLP.

As of May 7, 2024, TSLP stock price declined to $20.12 with 2,142 million shares trading.

TSLP has a market cap of $1.81 million. This is considered a Sub-Micro Cap stock.

TSLP support price is $20.05 and resistance is $21.36 (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 TSLP stock will trade within this expected range on the day.