Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Trading Up 1.5% – What’s Next?

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLPGet Free Report) shot up 1.5% on Tuesday . The stock traded as high as $33.28 and last traded at $33.04. 17,915 shares traded hands during mid-day trading, The stock had previously closed at $32.55.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Stock Performance

The firm’s 50 day simple moving average is $35.05 and its 200-day simple moving average is $32.69.

About Kurv Yield Premium Strategy Netflix (NFLX) ETF

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The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments.

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