AAPY Stock Summary and Trading Ideas (Kurv Yield Premium Strategy Apple (Aapl) ETF | BATS:AAPY)

The Kurv Yield Premium Strategy Apple (AAPL) ETF (Ticker AAPY) seeks monthly income while maintaining the opportunity for exposure to the underlying stock of the common stock of Apple Inc., subject to a limit on potential investment gains. Enhanced income strategies focused on generating monthly cash flow through multiple sources, including harvesting covered call option premiums, dividends, and interest income. Diversified sources of income premium harvesting, dividends, interest income. Dynamic optimization balance between income vs. capital appreciation potential in certain rising market. Lower beta to underlying stock could be used as a defensive substitute for single stock investments. Tax advantage option premiums may not be immediately taxed, and therefore has the potential to offset short-term tax liabilities.

Kurv Yield Premium Strategy Apple (Aapl) ETF trades on the BATS stock market under the symbol AAPY.

As of December 16, 2024, AAPY stock price climbed to $28.80 with 2,276 million shares trading.

AAPY has a market cap of $2.02 million. This is considered a Sub-Micro Cap stock.

AAPY has underperformed the market in the last year with a return of +17.4%, while SPY returned +30.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AAPY shares. However, AAPY has outperformed the market in the last 3 month and 2 week periods, returning +10.3% and +4.3%, while SPY returned +8.3% and +0.7%, respectively. This indicates AAPY has been having a stronger performance recently.

AAPY support price is $28.19 and resistance is $29.04 (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 AAPY shares will trade within this expected range on the day.