YieldMax AAPL Option Income Strategy ETF (APLY)Derivative Income | Exchange Traded Fund | NYSEArca
11.95 USD
+0.03
(0.252%)
⇧
(Oct. 14, 2026, 2:41 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 6:46 a.m. EDT
The 9.93% yield is a deceptive trap masking a collapsing asset. While the headline number looks attractive, the underlying business has suffered a brutal 29.75% decline over the last two years, with the most recent annual return being a steep -26.31%. This is not a value opportunity; it is a deteriorating option income strategy where the principal is eroding faster than the distribution can replace it. The options market confirms this fear, with traders piling into deep out-of-the-money puts while avoiding calls entirely, signaling a high probability of further losses. The recent price action shows the stock trading near its 52-week lows, unable to find support. Investors chasing this yield are likely to see their capital base shrink rapidly, making the dividend unsustainable in the long run. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.035741 |
| AutoTheta | 0.050479 |
| AutoETS | 0.059882 |
| MSTL | 0.060730 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 0.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.151 |
| Excess Kurtosis | -0.67 |
As of Oct. 10, 2026, 6:46 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 13.0 and 15.0) compared to negligible call activity. Implied volatility is significantly elevated for put strikes, indicating a market expectation of sharp declines or high uncertainty regarding the underlying strategy's performance.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.51% | 32.27% | 29.40% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-08 | 0.060 | 0.507614 |
| 2026-10-01 | 0.060 | 0.517241 |
| 2026-09-24 | 0.078 | 0.656566 |
| 2026-09-17 | 0.069 | 0.578132 |
| 2026-09-10 | 0.045 | 0.382979 |
| 2026-09-03 | 0.058 | 0.491525 |
| 2026-08-27 | 0.056 | 0.486957 |
| 2026-08-20 | 0.056 | 0.486957 |
| 2026-08-13 | 0.056 | 0.491228 |
| 2026-08-06 | 0.064 | 0.550301 |
| 2026-07-30 | 0.142 | 1.133280 |
| 2026-07-23 | 0.102 | 0.831974 |
| 2026-07-16 | 0.081 | 0.636792 |
| 2026-07-09 | 0.062 | 0.504065 |
| 2026-07-02 | 0.047 | 0.387469 |
| 2026-06-25 | 0.046 | 0.414788 |
| 2026-06-18 | 0.057 | 0.475000 |
| 2026-06-11 | 0.068 | 0.565724 |
| 2026-06-04 | 0.105 | 0.828729 |
| 2026-05-28 | 0.121 | 0.944575 |
| 2026-05-21 | 0.110 | 0.866142 |
| 2026-05-14 | 0.121 | 0.961844 |
| 2026-05-07 | 0.103 | 0.830645 |
| 2026-04-30 | 0.096 | 0.804627 |
| 2026-04-23 | 0.090 | 0.746269 |
| 2026-04-16 | 0.072 | 0.606061 |
| 2026-04-09 | 0.061 | 0.515638 |
| 2026-04-02 | 0.062 | 0.529010 |
| 2026-03-26 | 0.061 | 0.526316 |
| 2026-03-19 | 0.047 | 0.407986 |
| 2026-03-12 | 0.062 | 0.525869 |
| 2026-03-05 | 0.065 | 0.539867 |
| 2026-02-26 | 0.091 | 0.725100 |
| 2026-02-19 | 0.050 | 0.407166 |
| 2026-02-12 | 0.177 | 1.403648 |
| 2026-02-05 | 0.058 | 0.444104 |
| 2026-01-29 | 0.049 | 0.392943 |
| 2026-01-22 | 0.047 | 0.387789 |
| 2026-01-15 | 0.042 | 0.332542 |
| 2026-01-08 | 0.048 | 0.379147 |
| 2026-01-02 | 0.053 | 0.399698 |
| 2025-12-26 | 0.052 | 0.389513 |
| 2025-12-18 | 0.061 | 0.454884 |
| 2025-12-11 | 0.054 | 0.394737 |
| 2025-12-04 | 0.118 | 0.851371 |
| 2025-11-28 | 0.066 | 0.474820 |
| 2025-11-20 | 0.098 | 0.727003 |
| 2025-11-13 | 0.065 | 0.469314 |
| 2025-11-06 | 0.111 | 0.809038 |
| 2025-10-30 | 0.131 | 0.943804 |
| 2025-10-23 | 0.111 | 0.821006 |
| 2025-10-16 | 0.176 | 1.332324 |
| 2025-09-25 | 0.357 | 2.609649 |
| 2025-08-28 | 0.347 | 2.622827 |
| 2025-07-31 | 0.410 | 3.266932 |
| 2025-07-03 | 0.270 | 2.076923 |
| 2025-06-05 | 0.312 | 2.476190 |
| 2025-05-08 | 0.651 | 5.038700 |
| 2025-04-10 | 0.302 | 2.344720 |
| 2025-03-13 | 0.344 | 2.393876 |
| 2025-02-13 | 0.363 | 2.181490 |
| 2025-01-16 | 0.284 | 1.743401 |
| 2024-12-19 | 0.422 | 2.343143 |
| 2024-11-21 | 0.335 | 1.918671 |
| 2024-10-24 | 0.343 | 1.943343 |
| 2024-09-06 | 0.453 | 2.616984 |
| 2024-08-07 | 0.350 | 2.053990 |
| 2024-07-05 | 0.323 | 1.754481 |
| 2024-06-06 | 0.404 | 2.319173 |
| 2024-05-06 | 0.339 | 2.032374 |
| 2024-04-04 | 0.384 | 2.318841 |
| 2024-03-06 | 0.416 | 2.513595 |
| 2024-02-07 | 0.173 | 0.937161 |
| 2024-01-05 | 0.560 | 3.130240 |
| 2023-12-07 | 0.466 | 2.378643 |
| 2023-11-08 | 0.173 | 0.908613 |
| 2023-10-06 | 0.478 | 2.556150 |
| 2023-09-08 | 0.226 | 1.172807 |
| 2023-08-04 | 0.556 | 2.697719 |
| 2023-07-07 | 0.633 | 2.881464 |
| 2023-06-07 | 0.288 | 1.355167 |
| Attribute | Value |
|---|---|
| All Time High | 23.02 |
| All Time Low | 11.05 |
| Ask | 11.95 |
| Ask Size | 1,000 |
| Average Daily Volume10 Day | 67,030 |
| Average Daily Volume3 Month | 101,179 |
| Average Volume | 101,179 |
| Average Volume10Days | 67,030 |
| Beta3 Year | 0.62 |
| Bid | 11.94 |
| Bid Size | 1,800 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 12.06 |
| Day Low | 11.91 |
| Display Name | AAPL Option Income Strategy ETF |
| Dividend Yield | 9.31 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.7 |
| Fifty Day Average Change | 0.25 |
| Fifty Day Average Change Percent | 0.021367522 |
| Fifty Two Week Change Percent | -11.243486 |
| Fifty Two Week High | 14.21 |
| Fifty Two Week High Change | -2.2600002 |
| Fifty Two Week High Change Percent | -0.15904294 |
| Fifty Two Week Low | 11.05 |
| Fifty Two Week Low Change | 0.8999996 |
| Fifty Two Week Low Change Percent | 0.08144793 |
| Fifty Two Week Range | 11.05 - 14.21 |
| First Trade Date Milliseconds | 1,681,824,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.015000343 |
| Fullday Change Percent | -0.12573633 |
| Fullday Price | 11.95 |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,681,689,600 |
| 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 seek to employ its investment strategy as it relates to AAPL regardless of whether there are periods 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 AAPL Option Income Strategy ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1799894171 |
| Nav Price | 11.9051 |
| Net Assets | 120,765,880.0 |
| Net Expense Ratio | 1.04 |
| Open | 11.97 |
| Previous Close | 11.92 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.029999733 |
| Regular Market Change Percent | 0.2516756 |
| Regular Market Day High | 12.06 |
| Regular Market Day Low | 11.91 |
| Regular Market Day Range | 11.91 - 12.06 |
| Regular Market Open | 11.97 |
| Regular Market Previous Close | 11.92 |
| Regular Market Price | 11.95 |
| Regular Market Time | 1,792,003,269 |
| Regular Market Volume | 32,789 |
| Short Name | YieldMax AAPL Option Income Str |
| Source Interval | 15 |
| Symbol | APLY |
| Three Year Average Return | 0.1474152 |
| Total Assets | 120,765,880 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 9.93765 |
| Trailing Three Month Returns | 9.93765 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.144695 |
| Two Hundred Day Average Change | -0.19469547 |
| Two Hundred Day Average Change Percent | -0.016031317 |
| Type Disp | ETF |
| Volume | 32,789 |
| Yield | 0.093100004 |
| Ytd Return | 11.77755 |