In the case of YieldMax MSTR Option Income Strategy, the RSI reading has hit 24.7 — by comparison, the RSI reading for the S&P 500 is currently 61.0. A bullish investor could look at MSTY's 24.7 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), MSTY's low point in its 52 week range is $13.40 per share, with $46.4999 as the 52 week high point — that compares with a last trade of $13.55. YieldMax MSTR Option Income Strategy shares are currently trading off about 10.5% on the day.
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Also see:
BGC Options Chain BPFH Historical Stock Prices
ETFs Holding ILMN
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.