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YieldMax AMZN Option Income Strategy ETF (AMZY)

Derivative Income | Exchange Traded Fund | NYSEArca
10.90 USD +0.28 (2.637%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 10.88 -0.02 (-0.023%) ⇩ (Aug. 28, 2026, 7:54 p.m. EDT)

Short-term:★⯪☆☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 4:20 a.m. EDT

The 20.43% yield is a mathematical illusion born of a collapsing asset price, not a sustainable income stream. Over the last two years, the fund has lost nearly 27% of its value, with the price dropping from $21.30 to $15.60 before recently sliding further to the $10.80 range. This is a classic 'value trap' where the monthly payouts are simply eating away at the remaining principal faster than the strategy can generate new value. The options market confirms this fear, with traders buying deep insurance against a crash while ignoring any potential upside. For a long-term investor, this is a deteriorating business model disguised as a high-yield bond; the capital destruction is accelerating, making the current price a trap for those seeking income without understanding the underlying erosion.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.055078
AutoETS0.060518
AutoTheta0.072296
AutoARIMA0.090025

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 51%
H-stat 2.24
Ljung-Box p 0.000
Jarque-Bera p 0.994
Excess Kurtosis -0.08

As of Aug. 22, 2026, 4:20 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes like $1.00 and $10.00) compared to negligible call volume. Implied volatility is significantly elevated for puts (1.22x ATM) versus calls (0.58x ATM), indicating a market consensus expecting a sharp drop rather than a rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.79% 46.25%
Dividend History
Date Dividend Yield %
2026-08-27 0.084 0.790960
2026-08-20 0.085 0.784857
2026-08-13 0.134 1.213768
2026-08-06 0.145 1.267483
2026-07-30 0.071 0.694037
2026-07-23 0.075 0.732422
2026-07-16 0.072 0.662983
2026-07-09 0.064 0.593692
2026-07-02 0.067 0.627929
2026-06-25 0.065 0.633528
2026-06-18 0.067 0.610200
2026-06-11 0.065 0.593066
2026-06-04 0.069 0.601569
2026-05-28 0.094 0.761134
2026-05-21 0.101 0.826514
2026-05-14 0.144 1.174073
2026-05-07 0.212 1.691939
2026-04-30 0.210 1.681345
2026-04-23 0.163 1.314516
2026-04-16 0.149 1.206478
2026-04-09 0.079 0.666667
2026-04-02 0.077 0.700000
2026-03-26 0.078 0.711679
2026-03-19 0.084 0.756757
2026-03-12 0.084 0.756076
2026-03-05 0.098 0.846287
2026-02-26 0.093 0.829616
2026-02-19 0.088 0.785013
2026-02-12 0.078 0.703336
2026-02-05 0.075 0.611746
2026-01-29 0.065 0.491308
2026-01-22 0.061 0.469592
2026-01-15 0.096 0.723982
2026-01-08 0.066 0.483163
2026-01-02 0.065 0.500000
2025-12-26 0.079 0.592204
2025-12-18 0.081 0.614568
2025-12-11 0.083 0.619403
2025-12-04 0.195 1.458489
2025-11-28 0.083 0.607169
2025-11-20 0.085 0.653846
2025-11-13 0.107 0.752991
2025-11-06 0.294 2.016461
2025-10-30 0.201 1.443966
2025-10-23 0.096 0.681334
2025-10-16 0.255 1.846488
2025-09-25 0.460 3.262411
2025-08-28 0.490 3.206806
2025-07-31 0.642 4.017522
2025-07-03 0.590 3.696742
2025-06-05 0.596 3.840206
2025-05-08 0.796 5.229960
2025-04-10 0.488 3.286195
2025-03-13 0.418 2.604361
2025-02-13 0.548 2.890295
2025-01-16 0.401 2.151288
2024-12-19 0.862 4.522560
2024-11-21 1.173 6.340541
2024-10-24 0.763 4.084582
2024-09-06 0.656 3.582742
2024-08-07 0.474 2.592998
2024-07-05 0.765 3.458409
2024-06-06 0.954 4.364135
2024-05-06 0.973 4.219428
2024-04-04 0.697 3.055677
2024-03-06 0.643 2.889888
2024-02-07 0.684 3.061773
2024-01-05 0.368 1.834497
2023-12-07 0.469 2.266795
2023-11-08 0.544 2.653659
2023-10-06 0.634 3.256292
2023-09-08 0.471 2.208158
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 20.43

Info Dump

Attribute Value
All Time High 24.1
All Time Low 9.935
Ask 10.91
Ask Size 800
Average Daily Volume10 Day 308,150
Average Daily Volume3 Month 346,161
Average Volume 346,161
Average Volume10Days 308,150
Beta3 Year 1.13
Bid 10.7
Bid Size 7,800
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 10.92
Day Low 10.66
Dividend Yield 20.43
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.8481
Fifty Day Average Change 0.05189991
Fifty Day Average Change Percent 0.00478424
Fifty Two Week Change Percent -27.187712
Fifty Two Week High 15.65
Fifty Two Week High Change -4.75
Fifty Two Week High Change Percent -0.3035144
Fifty Two Week Low 9.935
Fifty Two Week Low Change 0.9649992
Fifty Two Week Low Change Percent 0.09713127
Fifty Two Week Range 9.935 - 15.65
First Trade Date Milliseconds 1,690,291,800,000
Full Exchange Name NYSEArca
Fullday Change 0.28
Fullday Change Percent 2.63653
Fullday Price 10.8775
Fund Family YieldMax ETFs
Fund Inception Date 1,690,156,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund will employ its investment strategy as it relates to AMZN regardless of whether there are periods of adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. The fund is non-diversified.
Long Name YieldMax AMZN Option Income Strategy ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1799900337
Nav Price 10.6141
Net Assets 265,840,000.0
Net Expense Ratio 1.09
Open 10.66
Post Market Change -0.022500038
Post Market Change Percent -0.20642237
Post Market Price 10.8775
Post Market Time 1,787,961,240
Previous Close 10.62
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.28
Regular Market Change Percent 2.63653
Regular Market Day High 10.92
Regular Market Day Low 10.66
Regular Market Day Range 10.66 - 10.92
Regular Market Open 10.66
Regular Market Previous Close 10.62
Regular Market Price 10.9
Regular Market Time 1,787,947,200
Regular Market Volume 322,497
Short Name YieldMax AMZN Option Income Str
Source Interval 15
Symbol AMZY
Three Year Average Return 0.211748
Total Assets 265,840,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.70635
Trailing Three Month Returns 1.70635
Triggerable 1
Two Hundred Day Average 11.97045
Two Hundred Day Average Change -1.0704508
Two Hundred Day Average Change Percent -0.08942444
Type Disp ETF
Volume 322,497
Yield 0.2043
Ytd Return 10.51007