YieldMax META Option Income Strategy ETF (FBY)Derivative Income | Exchange Traded Fund | NYSEArca
8.30 USD
+0.06
(0.728%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 8.34 +0.04 (0.482%) ⇧ (Aug. 28, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:44 a.m. EDT
The long-term outlook remains deeply bearish due to a structural deterioration in the underlying business. While the headline yield is massive at 32.6%, this is a classic value trap where the price has collapsed to generate the number. The asset has lost nearly 13% of its value over the last two years, with the most recent annual period seeing a sharp 15% decline. This multi-year trajectory confirms that the market views the business quality as deteriorating, rendering the high yield unsustainable rather than a margin of safety. The short-term picture is equally grim; price momentum is weak, trading well below both the 50-day and 200-day averages, and the statistical forecast leans negative. Options flow reinforces this pessimism, with traders buying protection far out-of-the-money while offering almost no upside exposure. The monthly distributions are likely eroding capital rather than providing true income. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.076213 |
| AutoARIMA | 0.084171 |
| AutoETS | 0.084171 |
| MSTL | 0.090160 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 1.91 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.870 |
| Excess Kurtosis | -0.36 |
As of Aug. 22, 2026, 2:44 a.m. EDT: Speculators are positioning for continued weakness. Call volume is negligible across all expirations, while put open interest is concentrated significantly out-of-the-money (OTM) at strikes like 12.00 and 16.00 for the October expiration, suggesting bets on a further drop below current levels. The lack of any meaningful call positioning indicates a lack of bullish conviction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.58% | 41.85% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-27 | 0.048 | 0.582524 |
| 2026-08-20 | 0.047 | 0.585305 |
| 2026-08-13 | 0.066 | 0.757750 |
| 2026-08-06 | 0.079 | 0.913295 |
| 2026-07-30 | 0.088 | 1.071864 |
| 2026-07-23 | 0.104 | 1.131665 |
| 2026-07-16 | 0.138 | 1.373134 |
| 2026-07-09 | 0.067 | 0.686475 |
| 2026-07-02 | 0.059 | 0.644809 |
| 2026-06-25 | 0.053 | 0.610248 |
| 2026-06-18 | 0.053 | 0.572973 |
| 2026-06-11 | 0.060 | 0.653595 |
| 2026-06-04 | 0.072 | 0.717846 |
| 2026-05-28 | 0.069 | 0.679134 |
| 2026-05-21 | 0.079 | 0.791980 |
| 2026-05-14 | 0.080 | 0.790514 |
| 2026-05-07 | 0.083 | 0.818944 |
| 2026-04-30 | 0.190 | 1.875617 |
| 2026-04-23 | 0.101 | 0.919017 |
| 2026-04-16 | 0.081 | 0.716180 |
| 2026-04-09 | 0.071 | 0.660465 |
| 2026-04-02 | 0.066 | 0.651530 |
| 2026-03-26 | 0.068 | 0.690355 |
| 2026-03-19 | 0.073 | 0.667887 |
| 2026-03-12 | 0.075 | 0.654165 |
| 2026-03-05 | 0.076 | 0.644614 |
| 2026-02-26 | 0.068 | 0.577740 |
| 2026-02-19 | 0.081 | 0.698878 |
| 2026-02-12 | 0.078 | 0.663265 |
| 2026-02-05 | 0.247 | 2.039637 |
| 2026-01-29 | 0.063 | 0.467359 |
| 2026-01-22 | 0.047 | 0.387469 |
| 2026-01-15 | 0.058 | 0.490694 |
| 2026-01-08 | 0.064 | 0.521385 |
| 2026-01-02 | 0.061 | 0.493129 |
| 2025-12-26 | 0.075 | 0.594295 |
| 2025-12-18 | 0.076 | 0.599842 |
| 2025-12-11 | 0.107 | 0.848533 |
| 2025-12-04 | 0.250 | 1.937985 |
| 2025-11-28 | 0.088 | 0.675883 |
| 2025-11-20 | 0.090 | 0.737705 |
| 2025-11-13 | 0.094 | 0.744260 |
| 2025-11-06 | 0.131 | 1.014717 |
| 2025-10-30 | 0.157 | 1.131124 |
| 2025-10-23 | 0.137 | 0.898950 |
| 2025-10-16 | 0.095 | 0.632490 |
| 2025-10-09 | 0.307 | 1.990921 |
| 2025-09-11 | 0.455 | 2.845528 |
| 2025-08-14 | 0.624 | 3.687943 |
| 2025-07-17 | 0.499 | 3.118750 |
| 2025-06-20 | 0.536 | 3.335408 |
| 2025-05-22 | 0.637 | 4.070288 |
| 2025-04-24 | 0.522 | 3.650350 |
| 2025-03-27 | 0.551 | 3.266153 |
| 2025-02-27 | 0.477 | 2.539936 |
| 2025-01-30 | 0.639 | 3.199800 |
| 2025-01-03 | 0.444 | 2.335613 |
| 2024-12-05 | 0.375 | 1.940994 |
| 2024-11-07 | 0.836 | 4.307058 |
| 2024-10-10 | 0.923 | 4.760186 |
| 2024-09-06 | 0.534 | 2.988248 |
| 2024-08-07 | 0.794 | 4.440716 |
| 2024-07-05 | 0.703 | 3.568528 |
| 2024-06-06 | 0.692 | 3.655573 |
| 2024-05-06 | 0.898 | 4.657676 |
| 2024-04-04 | 1.171 | 5.293852 |
| 2024-03-06 | 1.179 | 5.184697 |
| 2024-02-07 | 1.176 | 5.254692 |
| 2024-01-05 | 0.987 | 4.768116 |
| 2023-12-07 | 0.595 | 2.943504 |
| 2023-11-08 | 0.482 | 2.399204 |
| 2023-10-06 | 0.451 | 2.230465 |
| 2023-09-08 | 0.282 | 1.476749 |
| Attribute | Value |
|---|---|
| All Time High | 24.49 |
| All Time Low | 7.93 |
| Ask | 8.38 |
| Ask Size | 900 |
| Average Daily Volume10 Day | 184,030 |
| Average Daily Volume3 Month | 166,824 |
| Average Volume | 166,824 |
| Average Volume10Days | 184,030 |
| Beta3 Year | 1.23 |
| Bid | 8.22 |
| Bid Size | 400 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.415 |
| Day Low | 8.26 |
| Dividend Yield | 32.63 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.0099 |
| Fifty Day Average Change | -0.7098999 |
| Fifty Day Average Change Percent | -0.0787911 |
| Fifty Two Week Change Percent | -48.596382 |
| Fifty Two Week High | 16.66 |
| Fifty Two Week High Change | -8.36 |
| Fifty Two Week High Change Percent | -0.5018007 |
| Fifty Two Week Low | 7.93 |
| Fifty Two Week Low Change | 0.37000036 |
| Fifty Two Week Low Change Percent | 0.046658307 |
| Fifty Two Week Range | 7.93 - 16.66 |
| First Trade Date Milliseconds | 1,690,551,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.0600004 |
| Fullday Change Percent | 0.72816 |
| Fullday Price | 8.34 |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,690,416,000 |
| 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 META regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. The fund is non-diversified. |
| Long Name | YieldMax META Option Income Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1799906489 |
| Nav Price | 8.3339 |
| Net Assets | 101,272,240.0 |
| Net Expense Ratio | 1.06 |
| Open | 8.25 |
| Post Market Change | 0.03999996 |
| Post Market Change Percent | 0.48192725 |
| Post Market Price | 8.34 |
| Post Market Time | 1,787,961,362 |
| Previous Close | 8.24 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0600004 |
| Regular Market Change Percent | 0.72816 |
| Regular Market Day High | 8.415 |
| Regular Market Day Low | 8.26 |
| Regular Market Day Range | 8.26 - 8.415 |
| Regular Market Open | 8.25 |
| Regular Market Previous Close | 8.24 |
| Regular Market Price | 8.3 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 256,658 |
| Short Name | YieldMax META Option Income Str |
| Source Interval | 15 |
| Symbol | FBY |
| Three Year Average Return | 0.1760615 |
| Total Assets | 101,272,240 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -8.1035 |
| Trailing Three Month Returns | -8.1035 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.84139 |
| Two Hundred Day Average Change | -2.5413895 |
| Two Hundred Day Average Change Percent | -0.23441547 |
| Type Disp | ETF |
| Volume | 256,658 |
| Yield | 0.32630002 |
| Ytd Return | -15.32015 |