YQQQ Stock Summary and Trading Ideas (Yieldmax N100 Short Option Income Strategy ETF | NASDAQ:YQQQ)

YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an actively managed ETF that seeks to generate monthly income from a synthetic covered put strategy on the Nasdaq 100 Index (the "Index"), while providing indirect short exposure to the performance of the Index. The Fund is an actively managed exchange-traded fund ("ETF") that seeks current income while providing indirect inverse exposure to the performance of the Index (the "Index level"). The Fund's potential for gains from decreases in the Index level is limited. If the Index level significantly decreases, the Fund will not fully benefit from the inverse of those decreases. The Fund will employ its investment strategy as it relates to the Index regardless of whether there are periods of strong market, economic, or other conditions and will not take temporary defensive positions during such periods.

Yieldmax N100 Short Option Income Strategy ETF trades on the NASDAQ stock market under the symbol YQQQ.

As of January 17, 2025, YQQQ stock price declined to $16.66 with 34,872 million shares trading.

YQQQ has a market cap of $8.33 million. This is considered a Sub-Micro Cap stock.

YQQQ support price is $16.74 and resistance is $17.12 (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 YQQQ shares will trade within this expected range on the day.