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YieldMax COIN Option Income Strategy ETF (CONY)

Derivative Income | Exchange Traded Fund | NYSEArca
20.23 USD -1.14 (-5.335%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 20.46 +0.23 (1.137%) ⇧ (Aug. 28, 2026, 7:50 p.m. EDT)

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
Hot Take | Aug. 22, 2026, 5:53 a.m. EDT

The most critical signal here is the disconnect between the headline-grabbing 40%+ yield and the reality of the share price. This is not a high-yield income play; it is a distressed asset where distributions are likely exceeding the underlying asset's value, effectively eroding capital. The price history confirms a brutal 62% decline over just two years, with no recovery in sight. While the recent price action shows a slight bounce off the lows, the options market is screaming 'crash,' with billions of dollars in open interest placed on strikes that imply the fund could lose nearly all its value. For a long-term holder, the compounding losses from the price drop far outweigh any cash received in dividends. This is a speculative vehicle for traders betting on a crypto rebound, not a stable investment for wealth preservation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.045566
AutoETS0.046110
AutoTheta0.104533
AutoARIMA0.180471

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 5.74
Ljung-Box p 0.000
Jarque-Bera p 0.385
Excess Kurtosis -1.01

As of Aug. 22, 2026, 5:53 a.m. EDT: Speculators are heavily positioning for a massive downside event. Put open interest is overwhelmingly concentrated deep out-of-the-money (strikes of $1-$13), creating a 'naked put' wall that suggests a belief in a catastrophic collapse to near-zero prices. Call activity is sparse and focused on very low strikes ($5-$8), indicating a lack of bullish conviction. The implied volatility structure shows extreme premiums for deep puts compared to calls, confirming a market consensus of severe distress.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.65% 75.40%
Dividend History
Date Dividend Yield %
2026-08-27 0.353 1.651848
2026-08-20 0.225 1.123315
2026-08-13 0.228 1.239804
2026-08-06 0.257 1.443820
2026-07-30 0.294 1.495422
2026-07-23 0.279 1.424923
2026-07-16 0.243 1.236012
2026-07-09 0.279 1.425652
2026-07-02 0.239 1.171569
2026-06-25 0.260 1.410743
2026-06-18 0.286 1.361257
2026-06-11 0.268 1.273159
2026-06-04 0.279 1.286900
2026-05-28 0.335 1.399916
2026-05-21 0.343 1.339321
2026-05-14 0.563 2.022270
2026-05-07 0.446 1.692600
2026-04-30 0.531 2.027491
2026-04-23 0.416 1.492109
2026-04-16 0.383 1.346695
2026-04-09 0.377 1.500796
2026-04-02 0.376 1.466459
2026-03-26 0.533 2.032024
2026-03-19 0.614 2.026403
2026-03-12 0.594 2.010833
2026-03-05 0.312 0.985782
2026-02-26 0.318 1.112277
2026-02-19 0.299 1.116088
2026-02-12 0.256 1.079713
2026-02-05 0.284 1.157766
2026-01-29 0.309 0.929603
2026-01-22 0.222 0.595334
2026-01-15 0.397 0.995486
2026-01-08 0.409 0.994408
2026-01-02 0.434 1.073992
2025-12-26 0.494 1.207234
2025-12-18 0.510 1.228916
2025-12-11 0.390 0.839432
2025-12-04 1.131 2.404337
2025-11-28 0.660 1.380753
2025-11-20 0.640 1.461187
2025-11-13 0.830 1.596154
2025-11-06 0.890 1.636029
2025-10-30 1.350 2.227723
2025-10-23 0.930 1.527094
2025-10-16 3.460 5.509554
2025-09-18 4.520 6.438747
2025-08-21 3.440 5.142003
2025-07-24 7.950 8.784530
2025-06-26 5.350 5.538302
2025-05-29 7.350 9.483871
2025-05-01 6.510 8.738255
2025-04-03 4.380 6.066482
2025-03-06 5.990 6.399573
2025-02-06 10.470 8.798319
2025-01-08 8.340 6.704180
2024-12-12 13.390 8.501587
2024-11-14 20.230 13.424022
2024-10-17 11.100 8.179809
2024-09-06 10.430 9.197531
2024-08-07 10.060 7.134752
2024-07-05 15.730 8.201251
2024-06-06 16.980 7.493380
2024-05-06 22.810 9.938998
2024-04-04 27.940 10.821068
2024-03-06 16.620 6.387394
2024-02-07 10.750 5.712009
2024-01-05 26.930 11.479113
2023-12-07 24.620 10.685764
2023-11-08 10.780 5.002320
2023-10-06 12.090 6.274001
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 40.28

Info Dump

Attribute Value
All Time High 301.8
All Time Low 15.45
Ask 20.68
Ask Size 100
Average Daily Volume10 Day 466,800
Average Daily Volume3 Month 405,158
Average Volume 405,158
Average Volume10Days 466,800
Beta3 Year 0.0
Bid 20.23
Bid Size 200
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 21.22
Day Low 20.0343
Dividend Yield 40.28
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.6044
Fifty Day Average Change 0.6255989
Fifty Day Average Change Percent 0.031911146
Fifty Two Week Change Percent -68.80292
Fifty Two Week High 78.2
Fifty Two Week High Change -57.969997
Fifty Two Week High Change Percent -0.74130434
Fifty Two Week Low 17.22
Fifty Two Week Low Change 3.0100002
Fifty Two Week Low Change Percent 0.17479677
Fifty Two Week Range 17.22 - 78.2
First Trade Date Milliseconds 1,692,106,200,000
Full Exchange Name NYSEArca
Fullday Change -1.14
Fullday Change Percent -5.33459
Fullday Price 20.46
Fund Family YieldMax ETFs
Fund Inception Date 1,691,971,200
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 COIN 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 COIN Option Income Strategy ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1799905762
Nav Price 20.9376
Net Assets 326,065,600.0
Net Expense Ratio 1.04
Open 21.05
Post Market Change 0.22999954
Post Market Change Percent 1.1369231
Post Market Price 20.46
Post Market Time 1,787,961,006
Previous Close 21.37
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.14
Regular Market Change Percent -5.33459
Regular Market Day High 21.22
Regular Market Day Low 20.0343
Regular Market Day Range 20.0343 - 21.22
Regular Market Open 21.05
Regular Market Previous Close 21.37
Regular Market Price 20.23
Regular Market Time 1,787,947,200
Regular Market Volume 681,532
Short Name YieldMax COIN Option Income Str
Source Interval 15
Symbol CONY
Three Year Average Return 0.1422772
Total Assets 326,065,600
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -17.27453
Trailing Three Month Returns -17.27453
Triggerable 1
Two Hundred Day Average 29.71275
Two Hundred Day Average Change -9.48275
Two Hundred Day Average Change Percent -0.3191475
Type Disp ETF
Volume 681,532
Yield 0.4028
Ytd Return -30.06962