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YieldMax META Option Income Strategy ETF (FBY)

Derivative Income | Exchange Traded Fund | NYSEArca
10.09 USD -0.18 (-1.753%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 10.10 +0.01 (0.099%) ⇧ (July 13, 2026, 7:41 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 4:25 a.m. EDT

The short-term outlook is distinctly bearish. The stock has lost nearly 11% of its value in just one year, dropping from roughly 19 to under 10, and the recent price action shows a struggle to find support, hovering near the 52-week low. The massive gap between the 50-day and 200-day moving averages highlights a severe downtrend that technical traders are unlikely to ignore soon. Despite the headline-grabbing 27% yield, this is not a sustainable income stream; it is a return of capital driven by the rapid erosion of the share price. The options market confirms this pessimism, with traders aggressively buying protection at lower strikes. Investors chasing this yield are likely to see their principal value decimated before any meaningful recovery occurs.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.108790
AutoETS0.121618
AutoARIMA0.122656
MSTL0.127274
MSTL_1230.137858
MSTL_820.161312
MSTL_82_1230.173739

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 44%
H-stat 6.66
Ljung-Box p 0.000
Jarque-Bera p 0.392
Excess Kurtosis -0.58

As of July 11, 2026, 4:25 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes 11 and 12 for the near-term July expiration, indicating a fear of further downside. While there is some call volume at the 12 strike, the overwhelming sentiment is hedging against a drop rather than betting on a rally. Implied volatility is significantly elevated for puts compared to calls, suggesting the market prices in a high probability of continued weakness.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.69% 42.24%
Dividend History
Date Dividend Yield %
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
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 27.49

Info Dump

Attribute Value
All Time High 24.49
All Time Low 8.66
Ask 10.4
Ask Size 2,000
Average Daily Volume10 Day 188,680
Average Daily Volume3 Month 165,708
Average Volume 165,708
Average Volume10Days 188,680
Beta3 Year 0.0
Bid 10.07
Bid Size 11,700
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 10.35
Day Low 10.07
Dividend Yield 27.49
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.713
Fifty Day Average Change 0.37699986
Fifty Day Average Change Percent 0.038813945
Fifty Two Week Change Percent -39.05045
Fifty Two Week High 17.64
Fifty Two Week High Change -7.549999
Fifty Two Week High Change Percent -0.4280045
Fifty Two Week Low 8.66
Fifty Two Week Low Change 1.4300003
Fifty Two Week Low Change Percent 0.16512705
Fifty Two Week Range 8.66 - 17.64
First Trade Date Milliseconds 1,690,551,000,000
Full Exchange Name NYSEArca
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 POSTPOST
Max Age 86,400
Message Board Id finmb_1799906489
Nav Price 9.7324
Net Assets 90,525,968.0
Net Expense Ratio 1.06
Open 10.14
Post Market Change 0.010000229
Post Market Change Percent 0.0991103
Post Market Price 10.1
Post Market Time 1,783,986,085
Previous Close 10.27
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.18
Regular Market Change Percent -1.75268
Regular Market Day High 10.35
Regular Market Day Low 10.07
Regular Market Day Range 10.07 - 10.35
Regular Market Open 10.14
Regular Market Previous Close 10.27
Regular Market Price 10.09
Regular Market Time 1,783,972,800
Regular Market Volume 158,955
Short Name YieldMax META Option Income Str
Source Interval 15
Symbol FBY
Total Assets 90,525,968
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -1.74352
Trailing Three Month Returns -1.74352
Triggerable 1
Two Hundred Day Average 11.880715
Two Hundred Day Average Change -1.7907152
Two Hundred Day Average Change Percent -0.15072453
Type Disp ETF
Volume 158,955
Yield 0.2749
Ytd Return -13.82219