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YieldMax Short NVDA Option Income Strategy ETF (DIPS)

Derivative Income | Exchange Traded Fund | NYSEArca
34.07 USD +1.50 (4.592%) ⇧ (Aug. 28, 2026, 3:59 p.m. EDT)
After hours: 33.18 -0.89 (-0.890%) ⇩ (Aug. 28, 2026, 5:05 p.m. EDT)

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 3:42 a.m. EDT

This instrument is a classic 'value trap' disguised as a high-yield opportunity. While the headline yield is nearly 19%, the underlying business has collapsed, dropping roughly two-thirds of its value over the last year. The recent price action shows no sign of stabilization, trading well below both its 50-day and 200-day moving averages. The massive drop in share price has artificially inflated the yield, but the capital loss far outweighs any income generated. Options data confirms this bearish thesis, with traders placing heavy bets on further declines while ignoring any potential upside. This is not a buy-and-hold vehicle; it is a speculative play on continued deterioration.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.037133
AutoETS0.068393
MSTL0.077674
AutoARIMA0.078613

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 46%
H-stat 1.87
Ljung-Box p 0.000
Jarque-Bera p 0.104
Excess Kurtosis 0.52

As of Aug. 22, 2026, 3:42 a.m. EDT: Speculators are overwhelmingly positioning for further downside. Call volume is negligible across all expirations, while put volume is concentrated in the near term (August/September) and extends into December. The heavy put flow relative to calls suggests a bearish sentiment, with traders betting on continued weakness rather than a rebound.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.75% 48.68%
Dividend History
Date Dividend Yield %
2026-08-27 0.243 0.745994
2026-08-20 0.231 0.671961
2026-08-13 0.238 0.706798
2026-08-06 0.288 0.832370
2026-07-30 0.306 0.780592
2026-07-23 0.284 0.756043
2026-07-16 0.281 0.741386
2026-07-09 0.334 0.862136
2026-07-02 0.379 0.938746
2026-06-25 0.330 0.816731
2026-06-18 0.473 1.218444
2026-06-11 0.360 0.902007
2026-06-04 0.327 0.850123
2026-05-28 0.326 0.832695
2026-05-21 0.270 0.701517
2026-05-14 0.260 0.718212
2026-05-07 0.281 0.693639
2026-04-30 0.277 0.650235
2026-04-23 0.332 0.773424
2026-04-16 0.366 0.841805
2026-04-09 0.433 0.916868
2026-04-02 0.447 0.908740
2026-03-26 0.544 1.071604
2026-03-19 0.451 0.899177
2026-03-12 0.464 0.942610
2026-03-05 0.488 0.989176
2026-02-26 0.376 0.751069
2026-02-19 0.379 0.767859
2026-02-12 0.357 0.720295
2026-02-05 0.354 0.667799
2026-01-29 0.379 0.762668
2026-01-22 0.352 0.686093
2026-01-15 0.363 0.711151
2026-01-08 0.376 0.731674
2026-01-02 0.395 0.780602
2025-12-26 0.398 0.791252
2025-12-18 0.684 1.246310
2025-12-11 0.497 0.916213
2025-12-04 0.755 1.407847
2025-11-28 1.240 2.218247
2025-11-20 0.540 0.981818
2025-11-13 0.870 1.626168
2025-11-06 0.440 0.828625
2025-10-30 0.470 0.910853
2025-10-23 0.430 0.736301
2025-10-16 0.590 1.017241
2025-10-09 1.640 2.918149
2025-09-11 2.870 4.735974
2025-08-14 1.790 2.836767
2025-07-17 1.720 2.563338
2025-06-20 2.920 3.574052
2025-05-22 3.530 3.979707
2025-04-24 6.190 5.401396
2025-03-27 5.850 4.698795
2025-02-27 5.850 4.814815
2025-01-30 5.030 3.954403
2025-01-03 5.060 4.213156
2024-12-05 6.370 5.031596
2024-11-07 6.130 4.675820
2024-10-10 6.860 4.474886
2024-09-06 12.170 6.130982
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 18.97

Info Dump

Attribute Value
All Time High 242.62
All Time Low 19.67
Ask 0.0
Ask Size 100
Average Daily Volume10 Day 6,970
Average Daily Volume3 Month 7,025
Average Volume 7,025
Average Volume10Days 6,970
Beta3 Year 0.0
Bid 0.0
Bid Size 100
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 34.0799
Day Low 32.93
Dividend Yield 18.97
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 37.23206
Fifty Day Average Change -3.1620598
Fifty Day Average Change Percent -0.084928416
Fifty Two Week Change Percent -47.9052
Fifty Two Week High 67.5
Fifty Two Week High Change -33.43
Fifty Two Week High Change Percent -0.49525926
Fifty Two Week Low 32.3
Fifty Two Week Low Change 1.7700005
Fifty Two Week Low Change Percent 0.05479878
Fifty Two Week Range 32.3 - 67.5
First Trade Date Milliseconds 1,721,827,800,000
Full Exchange Name NYSEArca
Fullday Change 1.4958
Fullday Change Percent 4.59198
Fullday Price 33.18
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 PREPRE
Max Age 86,400
Message Board Id finmb_1874578789
Nav Price 32.5752
Net Assets 7,864,755.0
Net Expense Ratio 1.05
Open 33.09
Post Market Change -0.8899994
Post Market Change Percent -2.612267
Post Market Price 33.18
Post Market Time 1,787,951,100
Previous Close 32.5742
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 1.4958
Regular Market Change Percent 4.59198
Regular Market Day High 34.0799
Regular Market Day Low 32.93
Regular Market Day Range 32.93 - 34.0799
Regular Market Open 33.09
Regular Market Previous Close 32.5742
Regular Market Price 34.07
Regular Market Time 1,787,947,186
Regular Market Volume 8,778
Short Name YieldMax Short NVDA Option Inco
Source Interval 15
Symbol DIPS
Total Assets 7,864,755
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.02556
Trailing Three Month Returns 0.02556
Triggerable 1
Two Hundred Day Average 45.31045
Two Hundred Day Average Change -11.240452
Two Hundred Day Average Change Percent -0.24807636
Type Disp ETF
Volume 8,778
Yield 0.18969999
Ytd Return -4.02532