YieldMax PYPL Option Income Strategy ETF (PYPY)
Market Closed
17 Jun, 20:00
ARCA ARCA Primary $
12. 77
-0.17
-1.31%
$
51.48M Market Cap
1.4% Div Yield
34,300 Volume
$ 12.94
Previous Close Day Range
12.72 12.94
Year Range
11.01 19.74
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PYPY: PayPal ETF's 48% Yield Likely A Mirage For Buyers
Initiating coverage on PYPY, an ETF that combines exposure to PayPal Holdings Inc. stock with options, to create a dividend payout on a stock that has no dividend. I like YieldMax ETFs, but I fear that many investors simply see the huge yield and don't think all the way through the risks. I try to do so here. PYPL is neutral in my technical view and is still a broken stock. That makes PYPL an OK hold, but a tenuous one.
Seekingalpha | 4 months ago
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