YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Hits New 12-Month Low – Should You Sell?

Posted by Jessica Moore on Mar 11th, 2025

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $7.53 and last traded at $7.59, with a volume of 6759446 shares trading hands. The stock had previously closed at $8.84.

YieldMax TSLA Option Income Strategy ETF Trading Down 14.1 %

The company has a 50 day simple moving average of $12.30 and a 200-day simple moving average of $13.41.

Hedge Funds Weigh In On YieldMax TSLA Option Income Strategy ETF

Institutional investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. grew its holdings in YieldMax TSLA Option Income Strategy ETF by 7.0% in the 4th quarter. Sunbelt Securities Inc. now owns 219,734 shares of the company’s stock worth $3,237,000 after buying an additional 14,394 shares in the last quarter. FNY Investment Advisers LLC bought a new position in YieldMax TSLA Option Income Strategy ETF in the 4th quarter worth approximately $95,000. Finally, ORG Partners LLC boosted its stake in YieldMax TSLA Option Income Strategy ETF by 348.2% during the 4th quarter. ORG Partners LLC now owns 2,658 shares of the company’s stock valued at $38,000 after purchasing an additional 2,065 shares in the last quarter.

About YieldMax TSLA Option Income Strategy ETF

(Get Free Report)

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.