Simplify Treasury Option Income ETF (BUCK)Ultrashort Bond | Exchange Traded Fund | NYSEArca
23.04 USD
-0.01
(-0.043%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:43 a.m. EDT
The Simplify Treasury Option Income ETF presents a classic case of high yield masking structural weakness. While the headline 7% yield is attractive, the underlying business has failed to generate capital appreciation, posting a cumulative loss of nearly 5% over the last two years with two consecutive years of negative returns. This price action confirms the market's skepticism regarding the sustainability of the income stream relative to the principal. The recent price action shows the asset trading near its 52-week lows, failing to find support against the 200-day average. Although the recent 14-day trend is flat, the lack of upward momentum suggests the selling pressure remains latent. The options data reflects this uncertainty with almost no speculative interest, leaving the price to drift based on bond market fundamentals rather than equity-style momentum. Investors chasing yield here are accepting significant downside risk without the prospect of recovery. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.002179 |
| MSTL | 0.002269 |
| AutoETS | 0.002299 |
| AutoARIMA | 0.002299 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 71% |
| H-stat | 4.13 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.81 |
As of Oct. 10, 2026, 10:43 a.m. EDT: Speculator positioning is extremely thin and non-directional. Call volume is negligible, while put interest is concentrated entirely out-of-the-money, suggesting a speculative bet on a sharp drop rather than a hedging strategy. The lack of significant open interest or volume at key strikes indicates a lack of consensus on immediate price direction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.51% | 6.36% | 7.34% | — |
| 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 | 23.17 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 201,720 |
| Average Daily Volume3 Month | 211,701 |
| Average Volume | 211,701 |
| Average Volume10Days | 201,720 |
| Beta3 Year | 0.11 |
| Bid | 22.79 |
| Bid Size | 300 |
| Category | Ultrashort Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 23.08 |
| Day Low | 22.985 |
| Display Name | Treasury Option Income ETF |
| Dividend Yield | 7.01 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 23.28842 |
| Fifty Day Average Change | -0.24841881 |
| Fifty Day Average Change Percent | -0.010667053 |
| Fifty Two Week Change Percent | -3.8196623 |
| Fifty Two Week High | 24.04 |
| Fifty Two Week High Change | -1.0 |
| Fifty Two Week High Change Percent | -0.041597337 |
| Fifty Two Week Low | 22.985 |
| Fifty Two Week Low Change | 0.055000305 |
| Fifty Two Week Low Change Percent | 0.002392878 |
| Fifty Two Week Range | 22.985 - 24.04 |
| First Trade Date Milliseconds | 1,666,963,800,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.010000229 |
| Fullday Change Percent | 0.04334733 |
| Fullday Price | 23.04 |
| 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 | 23.0569 |
| Net Assets | 530,030,144.0 |
| Net Expense Ratio | 0.35 |
| Open | 22.99 |
| Phone | 614-469-3294 |
| Previous Close | 23.05 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.00999832 |
| Regular Market Change Percent | -0.0433767 |
| Regular Market Day High | 23.08 |
| Regular Market Day Low | 22.985 |
| Regular Market Day Range | 22.985 - 23.08 |
| Regular Market Open | 22.99 |
| Regular Market Previous Close | 23.05 |
| Regular Market Price | 23.04 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 391,138 |
| Short Name | Simplify Treasury Option Income |
| Source Interval | 15 |
| Symbol | BUCK |
| Three Year Average Return | 0.0473026 |
| Total Assets | 530,030,144 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.34683 |
| Trailing Three Month Returns | 0.34683 |
| Triggerable | 1 |
| Two Hundred Day Average | 23.498674 |
| Two Hundred Day Average Change | -0.45867348 |
| Two Hundred Day Average Change Percent | -0.01951912 |
| Type Disp | ETF |
| Volume | 391,138 |
| Yield | 0.0701 |
| Ytd Return | 2.36891 |