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YieldMax Short COIN Option Income Strategy ETF (FIAT)

Derivative Income | Exchange Traded Fund | NYSEArca
21.46 USD -0.70 (-3.144%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 21.48 +0.02 (0.093%) ⇧ (April 17, 2026, 6:58 p.m. EDT)

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

FIAT is a high-yield ETF that focuses on shorting COIN options, but the dividend yield is unusually high and likely not sustainable. The recent price history shows volatility, with a recent dip below the 52-week low, and the forecasting model suggests a slight downward trend. Given the high dividend yield and the lack of a clear long-term growth narrative, FIAT is a speculative play rather than a solid investment. Short-term traders might consider the recent dip as a potential buying opportunity, but long-term investors should be cautious due to the lack of fundamental support and the high risk associated with the ETF's structure.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.123280
AutoETS0.123283
MSTL0.134980
AutoTheta0.161692

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.38
Ljung-Box p 0.000
Jarque-Bera p 0.389
Excess Kurtosis -0.49

As of April 11, 2026, 4:25 p.m. EDT: The options activity suggests mixed signals. For calls, there is significant open interest (OI) around the 25.0 strike, indicating potential support, while higher strikes like 27.0 show ATM positioning, suggesting some bullish sentiment. However, the puts show a concentration of OI at lower strikes like 22.0 and 24.0, indicating potential bearish sentiment. The high IV (implied volatility) in some expirations suggests uncertainty or speculation about future price movements. The overall options data does not provide a clear consensus on the direction of the stock, indicating a volatile environment.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.01% 128.60%
Dividend History
Date Dividend Yield %
2026-04-16 0.445 2.008395
2026-04-09 0.444 1.718254
2026-04-02 0.368 1.446146
2026-03-26 0.362 1.438871
2026-03-19 0.306 1.358107
2026-03-12 0.349 1.493516
2026-03-05 0.294 1.337334
2026-02-26 0.614 2.446628
2026-02-19 0.605 2.218520
2026-02-12 0.629 2.031953
2026-02-05 0.482 1.606222
2026-01-29 0.326 1.352679
2026-01-22 0.261 1.173007
2026-01-15 0.245 1.150807
2026-01-08 0.270 1.300438
2026-01-02 0.413 1.916612
2025-12-26 0.393 1.827993
2025-12-18 0.405 1.907127
2025-12-11 0.321 1.645299
2025-12-04 0.399 2.101322
2025-11-28 0.690 3.642809
2025-11-20 0.680 3.216362
2025-11-13 0.620 3.299285
2025-11-06 0.430 2.371176
2025-10-30 0.360 2.133645
2025-10-23 0.520 2.995788
2025-10-16 1.120 6.633846
2025-09-18 1.900 10.900251
2025-08-21 2.690 14.222043
2025-07-24 1.380 8.738127
2025-06-26 1.540 9.116308
2025-05-29 2.670 10.291354
2025-05-01 5.620 17.558454
2025-04-03 9.240 24.423086
2025-03-06 6.830 21.660909
2025-02-06 5.500 20.394941
2025-01-08 6.530 23.172883
2024-12-12 6.820 27.821560
2024-11-14 7.260 27.264803
2024-10-17 14.510 34.531044
2024-09-06 18.710 36.497670
2024-08-07 18.920 41.607803
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 138.5

Info Dump

Attribute Value
All Time High 231.7
All Time Low 20.95
Ask 22.0
Ask Size 100
Average Daily Volume10 Day 83,580
Average Daily Volume3 Month 92,791
Average Volume 92,791
Average Volume10Days 83,580
Beta3 Year 0.0
Bid 21.46
Bid Size 700
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 21.735
Day Low 20.4593
Dividend Yield 138.5
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 27.52524
Fifty Day Average Change -6.065241
Fifty Day Average Change Percent -0.22035196
Fifty Two Week Change Percent -73.93294
Fifty Two Week High 86.2
Fifty Two Week High Change -64.74
Fifty Two Week High Change Percent -0.7510441
Fifty Two Week Low 20.4593
Fifty Two Week Low Change 1.0007
Fifty Two Week Low Change Percent 0.048911743
Fifty Two Week Range 20.4593 - 86.2
First Trade Date Milliseconds 1,720,704,600,000
Full Exchange Name NYSEArca
Fund Family YieldMax ETFs
Fund Inception Date 1,720,483,200
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 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 COIN Option Income Strategy ETF
Market us_market
Market State POST
Max Age 86,400
Message Board Id finmb_1870567489
Nav Price 22.1328
Net Assets 38,979,064.0
Net Expense Ratio 1.05
Open 21.66
Post Market Change 0.020000458
Post Market Change Percent 0.09319878
Post Market Price 21.48
Post Market Time 1,776,466,725
Previous Close 22.1566
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.696602
Regular Market Change Percent -3.14399
Regular Market Day High 21.735
Regular Market Day Low 20.4593
Regular Market Day Range 20.4593 - 21.735
Regular Market Open 21.66
Regular Market Previous Close 22.1566
Regular Market Price 21.46
Regular Market Time 1,776,456,000
Regular Market Volume 115,372
Short Name YieldMax Short COIN Option Inco
Source Interval 15
Symbol FIAT
Total Assets 38,979,064
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 11.31738
Trailing Three Month Returns 11.31738
Triggerable 1
Two Hundred Day Average 28.18391
Two Hundred Day Average Change -6.7239113
Two Hundred Day Average Change Percent -0.23857269
Type Disp ETF
Volume 115,372
Yield 1.385
Ytd Return 11.31738