YETH Stock Summary and Trading Ideas (Roundhill ETF Trust Roundhill Ether Covered Call Strategy ETF | BATS:YETH)

The Fund's primary investment objective is to provide current income. The Fund's secondary investment objective is to provide exposure to the price return of one or more exchange-traded funds that provide exposure to ether and whose shares trade on a U.S.-regulated securities exchange. The Fund seeks to achieve its investment objectives through the use of a synthetic covered call strategy that provides current income on a monthly basis, while also providing exposure to the price return of one or more exchange-traded funds ("ETFs") that provide exposure to ether and whose shares trade on a U.S.-regulated securities exchange (each, an "Ether ETF"). Currently, the Fund seeks to provide such exposure through options contracts that reference one or more Ether ETFs that invest principally in ether futures contracts (each, an "Ether Futures ETF"). In effectuating its investment strategy, the Fund will purchase and sell a combination of call and put option contracts that utilize an Ether Futures ETF as the reference asset. The Fund will invest in traditional exchange-traded options contracts and/or FLexible EXchange options ("FLEX Options") that utilize an Ether Futures ETF as the reference asset.

Roundhill ETF Trust Roundhill Ether Covered Call Strategy ETF trades on the BATS stock market under the symbol YETH.

As of October 4, 2024, YETH stock price climbed to $47.60 with 3,058 million shares trading.

YETH has a market cap of $2.86 million. This is considered a Sub-Micro Cap stock.

YETH support price is $44.57 and resistance is $48.03 (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 YETH shares will trade within this expected range on the day.