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

The Fund's primary investment objective is to seek current income. The Fund's secondary investment objective is to seek exposure to the share price of the common stock of PayPal Holdings, Inc. ("PYPL"), subject to a limit on potential investment gains. Investors are not entitled to any distributions that may be declared by PYPL. The fund is an actively managed fund that seeks to generate monthly income by selling/writing call options on PYPL. PYPY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of PYPL.

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

As of December 13, 2024, PYPY stock price climbed to $18.89 with 98,182 million shares trading.

PYPY has a beta of 0.48, meaning it tends to be less sensitive to market movements. PYPY has a correlation of 0.07 to the broad based SPY ETF.

PYPY has a market cap of $57.14 million. This is considered a Micro Cap stock.

PYPY has outperformed the market in the last year with a price return of +40.3% while the SPY ETF gained +29.9%. PYPY has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +23.7% and +4.7%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

PYPY support price is $18.39 and resistance is $18.92 (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 PYPY shares will trade within this expected range on the day.