Simplify Treasury Option Income ETF (BUCK)Ultrashort Bond | Exchange Traded Fund | NYSEArca
23.30 USD
-0.03
(-0.133%) ⇩
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 23.30 |
Hot Take ↕ | Aug. 22, 2026, 1:23 a.m. EDT
This instrument is a pure-play income vehicle for investors who accept significant capital erosion in exchange for a high coupon. The price trajectory confirms the market's skepticism: despite a massive 7.2% yield, the share price has declined nearly 5% over the last two years, with two consecutive years of negative returns. This disconnect suggests the market views the underlying treasury option strategy as inefficient or risky enough to warrant a discount that exceeds the income benefit. While the dividend is currently being paid, the payout ratio appears stretched given the falling share price, raising concerns about sustainability if rates shift further. Short-term momentum is flat to slightly negative, offering no immediate catalyst for a rebound. It is suitable only for those specifically targeting fixed-income yield and willing to watch their principal shrink. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.001678 |
| MSTL | 0.001877 |
| AutoETS | 0.002195 |
| AutoARIMA | 0.002195 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 3.40 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.406 |
| Excess Kurtosis | -0.95 |
As of Aug. 22, 2026, 1:23 a.m. EDT: Speculator positioning is extremely thin across all expirations, with negligible open interest and volume. The sparse data shows minimal put buying at near-the-money strikes, suggesting a lack of active hedging or directional bearish bets, while call activity is virtually non-existent. This indicates a market with very low speculative liquidity and no clear directional consensus.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.51% | 6.99% | 7.47% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-26 | 0.120 | 0.513479 |
| 2026-07-28 | 0.120 | 0.514139 |
| 2026-06-25 | 0.120 | 0.513259 |
| 2026-05-26 | 0.120 | 0.511465 |
| 2026-04-27 | 0.140 | 0.595998 |
| 2026-03-26 | 0.140 | 0.594859 |
| 2026-02-24 | 0.140 | 0.592718 |
| 2026-01-27 | 0.150 | 0.633179 |
| 2025-12-23 | 0.150 | 0.631978 |
| 2025-11-21 | 0.150 | 0.629723 |
| 2025-10-28 | 0.150 | 0.627878 |
| 2025-09-25 | 0.150 | 0.629987 |
| 2025-08-26 | 0.150 | 0.632111 |
| 2025-07-28 | 0.150 | 0.636672 |
| 2025-06-25 | 0.150 | 0.635593 |
| 2025-05-27 | 0.150 | 0.641026 |
| 2025-04-25 | 0.150 | 0.633981 |
| 2025-03-26 | 0.150 | 0.609632 |
| 2025-02-25 | 0.150 | 0.609756 |
| 2025-01-28 | 0.150 | 0.609261 |
| 2024-12-23 | 0.109 | 0.447271 |
| 2024-11-25 | 0.140 | 0.570265 |
| 2024-10-28 | 0.140 | 0.574006 |
| 2024-09-25 | 0.200 | 0.814001 |
| 2024-08-27 | 0.200 | 0.812348 |
| 2024-07-26 | 0.200 | 0.814996 |
| 2024-06-25 | 0.200 | 0.814996 |
| 2024-05-24 | 0.140 | 0.567376 |
| 2024-04-25 | 0.140 | 0.572129 |
| 2024-03-25 | 0.250 | 0.999201 |
| 2024-02-26 | 0.250 | 0.996810 |
| 2024-01-26 | 0.200 | 0.804829 |
| 2023-12-26 | 0.110 | 0.441413 |
| 2023-11-27 | 0.100 | 0.399920 |
| 2023-10-26 | 0.100 | 0.398406 |
| 2023-09-27 | 0.100 | 0.399090 |
| 2023-08-28 | 0.100 | 0.398963 |
| 2023-07-26 | 0.100 | 0.400320 |
| 2023-06-27 | 0.100 | 0.399202 |
| 2023-05-25 | 0.100 | 0.399202 |
| 2023-04-25 | 0.100 | 0.399760 |
| 2023-03-27 | 0.100 | 0.399760 |
| 2023-02-23 | 0.100 | 0.400368 |
| 2023-01-26 | 0.100 | 0.398963 |
| 2022-12-27 | 0.107 | 0.427146 |
| 2022-11-25 | 0.040 | 0.159693 |
| Attribute | Value |
|---|---|
| All Time High | 26.37 |
| All Time Low | 22.88 |
| Ask | 23.31 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 216,520 |
| Average Daily Volume3 Month | 187,858 |
| Average Volume | 187,858 |
| Average Volume10Days | 216,520 |
| Beta3 Year | 0.08 |
| Bid | 23.3 |
| Bid Size | 1,700 |
| Category | Ultrashort Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 23.372 |
| Day Low | 23.3 |
| Dividend Yield | 7.21 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 23.42086 |
| Fifty Day Average Change | -0.12086105 |
| Fifty Day Average Change Percent | -0.005160402 |
| Fifty Two Week Change Percent | -1.6877651 |
| Fifty Two Week High | 24.04 |
| Fifty Two Week High Change | -0.7400017 |
| Fifty Two Week High Change Percent | -0.030782098 |
| Fifty Two Week Low | 23.3 |
| Fifty Two Week Low Change | 0.0 |
| Fifty Two Week Low Change Percent | 0.0 |
| Fifty Two Week Range | 23.3 - 24.04 |
| First Trade Date Milliseconds | 1,666,963,800,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.0310001 |
| Fullday Change Percent | -0.132871 |
| Fullday Price | 23.3 |
| Fund Family | Simplify Asset Management |
| Fund Inception Date | 1,666,828,800 |
| 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’s investment adviser seeks to fulfill the fund’s investment objective by using two income strategies: (1) an interest income strategy and (2) an income generating option strategy. The fund invests primarily in interest income producing U.S. Treasury securities such as bills, notes, and bonds and fixed income ETFs that invest primarily in U.S. Treasuries. To generate additional income, the fund employs an option spread writing strategy on equity ETFs and fixed income ETFs. |
| Long Name | Simplify Treasury Option Income ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1803863465 |
| Nav Price | 23.2937 |
| Net Assets | 487,371,680.0 |
| Net Expense Ratio | 0.35 |
| Open | 23.34 |
| Phone | 614-469-3294 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 23.3 |
| Post Market Time | 1,787,961,331 |
| Previous Close | 23.331 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0310001 |
| Regular Market Change Percent | -0.132871 |
| Regular Market Day High | 23.372 |
| Regular Market Day Low | 23.3 |
| Regular Market Day Range | 23.3 - 23.372 |
| Regular Market Open | 23.34 |
| Regular Market Previous Close | 23.331 |
| Regular Market Price | 23.3 |
| Regular Market Time | 1,787,947,192 |
| Regular Market Volume | 397,501 |
| Short Name | Simplify Treasury Option Income |
| Source Interval | 15 |
| Symbol | BUCK |
| Three Year Average Return | 0.051967002 |
| Total Assets | 487,371,680 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.74981 |
| Trailing Three Month Returns | 0.74981 |
| Triggerable | 1 |
| Two Hundred Day Average | 23.59431 |
| Two Hundred Day Average Change | -0.29431152 |
| Two Hundred Day Average Change Percent | -0.012473835 |
| Type Disp | ETF |
| Volume | 397,501 |
| Yield | 0.0721 |
| Ytd Return | 2.18106 |