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YieldMax Short NVDA Option Income Strategy ETF (DIPS)

Derivative Income | Exchange Traded Fund | NYSEArca
42.63 USD -0.85 (-1.951%) ⇩ (April 17, 2026, 3:57 p.m. EDT)
After hours: 42.63 +0.00 (0.002%) ⇧ (April 17, 2026, 7:50 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 1:33 p.m. EDT

DIPS, the YieldMax Short NVDA Option Income Strategy ETF, appears to be a high-yield, high-risk investment. The dividend yield is extremely high at 64.59%, which is unusual and could indicate either a strong income stream or a speculative strategy. The recent price history shows a downward trend with volatility, and the recent dividends have been inconsistent in magnitude, though consistently positive. The forecasting model suggests a modest upward movement in the next 45 days, but the statistical indicators like the Ljung-Box p-value indicate potential noise or non-stationarity in the data. Options activity suggests mixed signals, with both bullish and bearish speculation. While the dividend yield is attractive, the high volatility and uncertain price direction make this a speculative play rather than a stable investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.024527
AutoETS0.024995
AutoARIMA0.024996
AutoTheta0.038829

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 68%
H-stat 1.44
Ljung-Box p 0.000
Jarque-Bera p 0.684
Excess Kurtosis -0.53

As of April 11, 2026, 1:33 p.m. EDT: The options data indicates mixed sentiment. For the near-term expirations (April 17 and June 18), there is a notable presence of out-of-the-money (OTM) calls with high implied volatility (IV), suggesting some bullish speculation. However, the puts show higher open interest (OI) in OTM and in-the-money (ITM) strikes, indicating potential bearish sentiment or hedging against downside risk. The high IV in puts, especially for the June 18 expiration, suggests increased uncertainty or fear about the underlying asset's price direction. Overall, the options activity is a mix of both bullish and bearish signals, but the dominance of put positions suggests caution.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.84% 66.96%
Dividend History
Date Dividend Yield %
2026-04-16 0.366 0.841805
2026-04-09 0.433 0.924627
2026-04-02 0.447 0.924740
2026-03-26 0.544 1.100331
2026-03-19 0.451 0.933468
2026-03-12 0.464 0.987434
2026-03-05 0.488 1.046117
2026-02-26 0.376 0.802183
2026-02-19 0.379 0.826623
2026-02-12 0.357 0.781406
2026-02-05 0.354 0.729758
2026-01-29 0.379 0.839033
2026-01-22 0.352 0.760539
2026-01-15 0.363 0.793705
2026-01-08 0.376 0.822304
2026-01-02 0.395 0.883846
2025-12-26 0.398 0.902859
2025-12-18 0.684 1.433237
2025-12-11 0.497 1.066623
2025-12-04 0.755 1.654245
2025-11-28 1.240 2.642651
2025-11-20 0.540 1.196102
2025-11-13 0.870 2.001397
2025-11-06 0.440 1.036977
2025-10-30 0.470 1.149441
2025-10-23 0.430 0.937827
2025-10-16 0.590 1.305238
2025-10-09 1.640 3.782274
2025-09-11 2.870 6.315132
2025-08-14 1.790 3.960538
2025-07-17 1.720 3.680622
2025-06-20 2.920 5.261718
2025-05-22 3.530 6.070188
2025-04-24 6.190 8.564451
2025-03-27 5.850 7.840215
2025-02-27 5.850 8.414194
2025-01-30 5.030 7.270076
2025-01-03 5.060 8.053128
2024-12-05 6.370 10.008268
2024-11-07 6.130 9.766618
2024-10-10 6.860 9.771747
2024-09-06 12.170 13.985529
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 64.59

Info Dump

Attribute Value
All Time High 242.62
All Time Low 19.67
Ask 42.91
Ask Size 200
Average Daily Volume10 Day 8,210
Average Daily Volume3 Month 7,037
Average Volume 7,037
Average Volume10Days 8,210
Beta3 Year 0.0
Bid 42.64
Bid Size 100
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 43.1958
Day Low 42.51
Dividend Yield 64.59
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 49.3329
Fifty Day Average Change -6.7038
Fifty Day Average Change Percent -0.13588904
Fifty Two Week Change Percent -66.70904
Fifty Two Week High 131.5
Fifty Two Week High Change -88.870895
Fifty Two Week High Change Percent -0.6758243
Fifty Two Week Low 42.51
Fifty Two Week Low Change 0.11910248
Fifty Two Week Low Change Percent 0.0028017522
Fifty Two Week Range 42.51 - 131.5
First Trade Date Milliseconds 1,721,827,800,000
Full Exchange Name NYSEArca
Fund Family YieldMax ETFs
Fund Inception Date 1,721,692,800
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 is an actively managed ETF that seeks current income while providing indirect inverse exposure to the share price (i.e., the price returns) of the Underlying Security,which is generally subject to participation in a portion of potential investment gains. The fund is non-diversified.
Long Name YieldMax Short NVDA Option Income Strategy ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1874578789
Nav Price 43.4729
Net Assets 12,777,598.0
Net Expense Ratio 1.05
Open 43.29
Post Market Change 0.00090026855
Post Market Change Percent 0.0021118638
Post Market Price 42.63
Post Market Time 1,776,469,801
Previous Close 43.4775
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.8484
Regular Market Change Percent -1.95135
Regular Market Day High 43.1958
Regular Market Day Low 42.51
Regular Market Day Range 42.51 - 43.1958
Regular Market Open 43.29
Regular Market Previous Close 43.4775
Regular Market Price 42.6291
Regular Market Time 1,776,455,878
Regular Market Volume 4,941
Short Name YieldMax Short NVDA Option Inco
Source Interval 15
Symbol DIPS
Total Assets 12,777,598
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 8.06977
Trailing Three Month Returns 8.06977
Triggerable 1
Two Hundred Day Average 56.571507
Two Hundred Day Average Change -13.942406
Two Hundred Day Average Change Percent -0.24645633
Type Disp ETF
Volume 4,941
Yield 0.64589995
Ytd Return 8.06977