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

The Fund primary investment objective is to seek current income. The Fund secondary investment objective is to seek exposure to the share price of the common stock of Tesla, Inc. (TSLA), subject to a limit on potential investment gains. The Fund seeks to deliver participation in the price returns of the common stock of Tesla, Inc. while providing current monthly income through a portfolio substantially composed of short-term U.S. Treasury securities, cash and cash equivalents, and in option contracts that reference the price performance of TSLA.

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

As of December 13, 2024, TSLY stock price climbed to $17.12 with 2,706,797 million shares trading.

TSLY has a beta of 1.85, meaning it tends to be more sensitive to market movements. TSLY has a correlation of 0.22 to the broad based SPY ETF.

TSLY has a market cap of $1.19 billion. This is considered a Small Cap stock.

TSLY has underperformed the market in the last year with a return of +21.9%, while SPY returned +29.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TSLY shares. However, TSLY has outperformed the market in the last 3 month and 2 week periods, returning +52.5% and +18.6%, while SPY returned +7.8% and +0.3%, respectively. This indicates TSLY has been having a stronger performance recently.

TSLY support price is $16.16 and resistance is $17.02 (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 TSLY shares will trade within this expected range on the day.