NFLY Stock Summary and Trading Ideas (Tidal ETF Trust II Yieldmax Nflx Option Income Strategy ETF | ARCA:NFLY)

The YieldMax NFLX Option Income Strategy ETF (NFLY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on NFLX. NFLY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of NFLX.

Tidal ETF Trust II Yieldmax Nflx Option Income Strategy ETF trades on the ARCA stock market under the symbol NFLY.

As of December 13, 2024, NFLY stock price declined to $18.71 with 152,485 million shares trading.

NFLY has a beta of 0.91, meaning it tends to be less sensitive to market movements. NFLY has a correlation of 0.23 to the broad based SPY ETF.

NFLY has a market cap of $73.44 million. This is considered a Micro Cap stock.

NFLY has outperformed the market in the last year with a price return of +59.0% while the SPY ETF gained +31.7%. NFLY has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +28.3% and +4.3%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

NFLY support price is $18.62 and resistance is $19.14 (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 NFLY shares will trade within this expected range on the day.