YieldMax COIN Option Income Strategy ETF (CONY)Derivative Income | Exchange Traded Fund | NYSEArca
29.22 USD
+0.78
(2.743%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 29.40 +0.18 (0.616%) ⇧ (April 17, 2026, 7:56 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 11:42 p.m. EDT
Avoid Purchase (0/5 Stars). CONY is structurally broken for wealth creation, offering a 'yield' of 211% which is actually NAV destruction paid out as dividends; without the underlying Coinbase coin price appreciating significantly, the share price stays near zero. The technicals confirm a bearish context with the price trading well below its 200-day average, and the high options open interest on deep OTM puts suggests active hedging against further declines rather than speculative buying. This is a high-risk speculative instrument for short-term volatility, but a 'value trap' for long-term investors. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.155138 |
| AutoETS | 0.155139 |
| MSTL | 0.158156 |
| AutoTheta | 0.163824 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.48 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.451 |
| Excess Kurtosis | -0.38 |
As of April 18, 2026, 11:42 p.m. EDT: Options activity signals strong defensive positioning and fear of further downside. For the Apr 17 expiration (near term), Put OI (4.6k) significantly exceeds Call OI (0.3k) at strikes below current price, while Call OI is heavily concentrated deep in-the-money (ITM) at strikes 1.0 and 2.0, with very low OI elsewhere. This suggests traders are capped deep ITM 'coin flips' for upside, but are buying 'crash protection' via OTM puts. ATM volatility is elevated (e.g., 1523% IV spike on OTM Puts relative to some comparables, though ATM is 57%). The Jan 28 call strikes show massive OTM volume, indicating bullish speculation for 2027+, but the overwhelming near-term sentiment is bearish (protective).
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.35% | 129.74% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.383 | 1.346695 |
| 2026-04-09 | 0.377 | 1.521334 |
| 2026-04-02 | 0.376 | 1.508288 |
| 2026-03-26 | 0.533 | 2.120452 |
| 2026-03-19 | 0.614 | 2.156027 |
| 2026-03-12 | 0.594 | 2.183022 |
| 2026-03-05 | 0.312 | 1.091206 |
| 2026-02-26 | 0.318 | 1.243204 |
| 2026-02-19 | 0.299 | 1.261133 |
| 2026-02-12 | 0.256 | 1.233801 |
| 2026-02-05 | 0.284 | 1.336288 |
| 2026-01-29 | 0.309 | 1.083754 |
| 2026-01-22 | 0.222 | 0.700202 |
| 2026-01-15 | 0.397 | 1.177717 |
| 2026-01-08 | 0.409 | 1.187514 |
| 2026-01-02 | 0.434 | 1.295280 |
| 2025-12-26 | 0.494 | 1.472214 |
| 2025-12-18 | 0.510 | 1.516565 |
| 2025-12-11 | 0.390 | 1.048432 |
| 2025-12-04 | 1.131 | 3.027829 |
| 2025-11-28 | 0.660 | 1.780370 |
| 2025-11-20 | 0.640 | 1.910519 |
| 2025-11-13 | 0.830 | 2.115431 |
| 2025-11-06 | 0.890 | 2.200842 |
| 2025-10-30 | 1.350 | 3.042470 |
| 2025-10-23 | 0.930 | 2.129904 |
| 2025-10-16 | 3.460 | 7.802400 |
| 2025-09-18 | 4.520 | 9.611706 |
| 2025-08-21 | 3.440 | 8.194706 |
| 2025-07-24 | 7.950 | 14.709409 |
| 2025-06-26 | 5.350 | 10.086114 |
| 2025-05-29 | 7.350 | 18.263596 |
| 2025-05-01 | 6.510 | 18.386438 |
| 2025-04-03 | 4.380 | 13.877247 |
| 2025-03-06 | 5.990 | 15.478243 |
| 2025-02-06 | 10.470 | 22.611741 |
| 2025-01-08 | 8.340 | 18.724002 |
| 2024-12-12 | 13.390 | 25.312343 |
| 2024-11-14 | 20.230 | 43.372424 |
| 2024-10-17 | 11.100 | 29.887560 |
| 2024-09-06 | 10.430 | 36.289788 |
| 2024-08-07 | 10.060 | 30.534692 |
| 2024-07-05 | 15.730 | 37.407723 |
| 2024-06-06 | 16.980 | 36.972316 |
| 2024-05-06 | 22.810 | 52.746053 |
| 2024-04-04 | 27.940 | 63.215860 |
| 2024-03-06 | 16.620 | 41.325170 |
| 2024-02-07 | 10.750 | 39.489603 |
| 2024-01-05 | 26.930 | 84.002947 |
| 2023-12-07 | 24.620 | 87.129112 |
| 2023-11-08 | 10.780 | 45.175129 |
| 2023-10-06 | 12.090 | 59.490851 |
| Attribute | Value |
|---|---|
| All Time High | 301.8 |
| All Time Low | 15.45 |
| Ask | 30.0 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 354,640 |
| Average Daily Volume3 Month | 445,774 |
| Average Volume | 445,774 |
| Average Volume10Days | 354,640 |
| Beta3 Year | 0.0 |
| Bid | 29.42 |
| Bid Size | 600 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.374 |
| Day Low | 28.81 |
| Dividend Yield | 211.02 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.8734 |
| Fifty Day Average Change | 1.3465996 |
| Fifty Day Average Change Percent | 0.04831128 |
| Fifty Two Week Change Percent | -60.244896 |
| Fifty Two Week High | 107.0 |
| Fifty Two Week High Change | -77.78 |
| Fifty Two Week High Change Percent | -0.7269159 |
| Fifty Two Week Low | 23.43 |
| Fifty Two Week Low Change | 5.789999 |
| Fifty Two Week Low Change Percent | 0.24711904 |
| Fifty Two Week Range | 23.43 - 107.0 |
| First Trade Date Milliseconds | 1,692,106,200,000 |
| Full Exchange Name | NYSEArca |
| 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 | 29.1768 |
| Net Assets | 393,266,816.0 |
| Net Expense Ratio | 1.04 |
| Open | 29.03 |
| Post Market Change | 0.1800003 |
| Post Market Change Percent | 0.61601746 |
| Post Market Price | 29.4 |
| Post Market Time | 1,776,470,213 |
| Previous Close | 28.44 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.779999 |
| Regular Market Change Percent | 2.74261 |
| Regular Market Day High | 30.374 |
| Regular Market Day Low | 28.81 |
| Regular Market Day Range | 28.81 - 30.374 |
| Regular Market Open | 29.03 |
| Regular Market Previous Close | 28.44 |
| Regular Market Price | 29.22 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 903,788 |
| Short Name | YieldMax COIN Option Income Str |
| Source Interval | 15 |
| Symbol | CONY |
| Total Assets | 393,266,816 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -21.10379 |
| Trailing Three Month Returns | -21.10379 |
| Triggerable | 1 |
| Two Hundred Day Average | 53.6604 |
| Two Hundred Day Average Change | -24.440401 |
| Two Hundred Day Average Change Percent | -0.4554644 |
| Type Disp | ETF |
| Volume | 903,788 |
| Yield | 2.1102 |
| Ytd Return | -21.10379 |