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YieldMax GOOGL Option Income Strategy ETF (GOOY)

Derivative Income | Exchange Traded Fund | NYSEArca
12.27 USD +0.16 (1.321%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 12.23 -0.04 (-0.040%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 4:55 a.m. EDT

This instrument is a classic 'yield trap' wrapped in a complex derivatives strategy. While the headline 43.92% yield is mathematically impressive, it is entirely artificial, generated by selling options on the underlying Google shares rather than organic corporate earnings. The price history confirms the danger: the asset has lost nearly 35% of its value over the last two years, with two consecutive years of double-digit declines. This is not a value opportunity; it is a structural deterioration where the fund's ability to generate income is eroding the principal faster than distributions can replace it. The massive put open interest confirms that smart money is fleeing the falling knife, betting on further weakness. For a traditional investor seeking sustainable compounding, this is a catastrophic failure of capital preservation. It is only suitable for a gambler willing to accept the total loss of the initial investment in exchange for a lottery ticket on Alphabet's volatility.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.050925
AutoARIMA0.051324
AutoETS0.051487
MSTL0.055394

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 45%
H-stat 10.34
Ljung-Box p 0.000
Jarque-Bera p 0.240
Excess Kurtosis -0.18

As of Aug. 22, 2026, 4:55 a.m. EDT: Speculators are heavily positioned for downside protection, with put open interest significantly outweighing call open interest across all expirations. The 'top' open interest strikes for both calls and puts are deep out-of-the-money, indicating a bet on extreme volatility rather than directional moves. However, the sheer volume of put buying relative to calls suggests a defensive stance against further price erosion.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.66% 49.07%
Dividend History
Date Dividend Yield %
2026-08-27 0.080 0.660611
2026-08-20 0.072 0.594059
2026-08-13 0.072 0.583942
2026-08-06 0.094 0.738994
2026-07-30 0.086 0.710157
2026-07-23 0.078 0.660457
2026-07-16 0.073 0.561538
2026-07-09 0.074 0.558491
2026-07-02 0.080 0.600601
2026-06-25 0.076 0.590521
2026-06-18 0.084 0.609579
2026-06-11 0.082 0.602056
2026-06-04 0.084 0.596591
2026-05-28 0.151 1.023035
2026-05-21 0.182 1.231394
2026-05-14 0.243 1.585127
2026-05-07 0.297 1.918605
2026-04-30 0.225 1.456311
2026-04-23 0.121 0.856334
2026-04-16 0.092 0.655271
2026-04-09 0.085 0.624541
2026-04-02 0.079 0.613116
2026-03-26 0.082 0.656525
2026-03-19 0.085 0.627770
2026-03-12 0.087 0.645880
2026-03-05 0.103 0.770381
2026-02-26 0.105 0.766423
2026-02-19 0.102 0.750000
2026-02-12 0.096 0.690151
2026-02-05 0.112 0.753701
2026-01-29 0.103 0.683024
2026-01-22 0.105 0.701872
2026-01-15 0.098 0.650730
2026-01-08 0.080 0.539811
2026-01-02 0.085 0.581793
2025-12-26 0.087 0.594262
2025-12-18 0.092 0.642458
2025-12-11 0.108 0.730223
2025-12-04 0.251 1.663353
2025-11-28 0.228 1.481481
2025-11-20 0.100 0.690608
2025-11-13 0.094 0.664311
2025-11-06 0.280 1.933702
2025-10-30 0.138 0.947802
2025-10-23 0.210 1.537335
2025-10-16 0.164 1.197080
2025-10-02 0.694 5.095448
2025-09-04 0.694 5.039942
2025-08-07 0.449 3.527101
2025-07-10 0.308 2.577406
2025-06-12 0.398 3.281121
2025-05-15 0.345 2.875000
2025-04-17 0.373 3.271930
2025-03-20 0.328 2.645161
2025-02-20 0.388 2.769450
2025-01-23 0.332 2.208916
2024-12-27 0.633 4.214381
2024-11-29 0.285 1.997197
2024-10-31 0.377 2.511659
2024-10-03 0.255 1.674327
2024-09-06 0.358 2.498255
2024-08-07 0.499 3.309019
2024-07-05 0.468 2.579934
2024-06-06 0.686 3.871332
2024-05-06 0.668 3.786848
2024-04-04 0.310 1.834320
2024-03-06 0.255 1.637765
2024-02-07 0.421 2.393405
2024-01-05 0.230 1.299435
2023-12-07 0.374 2.054945
2023-11-08 0.391 2.075372
2023-10-06 0.390 1.929738
2023-09-08 0.291 1.431523
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 43.92

Info Dump

Attribute Value
All Time High 20.83
All Time Low 10.891
Ask 12.28
Ask Size 5,900
Average Daily Volume10 Day 226,930
Average Daily Volume3 Month 425,768
Average Volume 425,768
Average Volume10Days 226,930
Beta3 Year 0.87
Bid 12.14
Bid Size 2,700
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 12.3201
Day Low 12.1401
Dividend Yield 43.92
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.7368
Fifty Day Average Change -0.46679974
Fifty Day Average Change Percent -0.036649685
Fifty Two Week Change Percent -9.312635
Fifty Two Week High 15.96
Fifty Two Week High Change -3.6899996
Fifty Two Week High Change Percent -0.23120297
Fifty Two Week Low 11.66
Fifty Two Week Low Change 0.6100006
Fifty Two Week Low Change Percent 0.052315664
Fifty Two Week Range 11.66 - 15.96
First Trade Date Milliseconds 1,690,551,000,000
Full Exchange Name NYSEArca
Fullday Change 0.160001
Fullday Change Percent 1.32123
Fullday Price 12.23
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 GOOGL regardless of whether there are periods of adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. The fund is non-diversified.
Long Name YieldMax GOOGL Option Income Strategy ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1799908464
Nav Price 12.0929
Net Assets 240,267,248.0
Net Expense Ratio 1.14
Open 12.13
Post Market Change -0.040000916
Post Market Change Percent -0.32600582
Post Market Price 12.23
Post Market Time 1,787,961,548
Previous Close 12.11
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.160001
Regular Market Change Percent 1.32123
Regular Market Day High 12.3201
Regular Market Day Low 12.1401
Regular Market Day Range 12.1401 - 12.3201
Regular Market Open 12.13
Regular Market Previous Close 12.11
Regular Market Price 12.27
Regular Market Time 1,787,947,200
Regular Market Volume 246,096
Short Name YieldMax GOOGL Option Income St
Source Interval 15
Symbol GOOY
Three Year Average Return 0.2228927
Total Assets 240,267,248
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -7.91028
Trailing Three Month Returns -7.91028
Triggerable 1
Two Hundred Day Average 13.959075
Two Hundred Day Average Change -1.6890745
Two Hundred Day Average Change Percent -0.12100189
Type Disp ETF
Volume 246,096
Yield 0.43919998
Ytd Return 11.07808