(AMZY) YieldMax AMZN Option - Ratings and Ratios

The YieldMax™ AMZN Option Income Strategy ETF (NYSE ARCA: AMZY) is designed to generate income through options strategies tied to Amazon (AMZN) stock. The fund maintains its investment approach regardless of market conditions and does not shift to defensive positions during downturns. As a non-diversified ETF, it can allocate a larger proportion of its assets to a smaller number of securities, potentially amplifying both returns and risks. The fund primarily targets investors seeking income through covered calls or other options-based strategies.

From a technical standpoint, AMZY is currently trading at 17.69, below its SMA 20 (18.62) and SMA 50 (18.49) but above its SMA 200 (16.88). This indicates short-term weakness but longer-term stability. Resistance levels are at 18.8 and 18.0, while support is at 16.5. The funds average trading volume over 20 days is 314,417 shares, with an ATR of 0.40, suggesting moderate volatility. With AUM of 291.77M USD, AMZY operates as a focused derivative income strategy.