YieldMax™ Launches Option Income Strategy ETF on CARVANA CO. (CVNA)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 29 2025
0mins
Source: Globenewswire
Launch of New ETF: YieldMax™ has introduced the CARVANA Option Income Strategy ETF (CVNY), which aims to generate income through options-based strategies on CARVANA CO. (CVNA) and is actively managed by Tidal Financial Group.
Distribution Information: CVNY will be classified as a Group C ETF, with its first distribution expected to be announced on March 5, 2025, while also highlighting that distributions are variable and not guaranteed.
Analyst Views on CVNY
Wall Street analysts forecast CVNY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CVNY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 38.470
Low
Averages
High
Current: 38.470
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
