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Roundhill HOOD WeeklyPay ETF (HOOW)

Trading--Miscellaneous | Exchange Traded Fund | Cboe US
29.88 USD +1.47 (5.174%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 30.00 +0.12 (0.402%) ⇧ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 18, 2026, 11:11 p.m. EDT

HOOW is currently trapped in a 'speculator vs long-term' rotation. Despite a 16% surge over two weeks, the underlying mechanical model (Roundhill's WeeklyPay) has a negative forecasted direction of nearly -2% for the next 45 days warning of a likely reversal once the hype cools. The advanced metrics show highly significant heteroscedasticity and non-normal distribution (low p-values), suggesting the past price action is not a reliable predictor of the future. While recent weekly distributions (~$0.35 - $0.65) provided a 'gas saver' for price, the price-to-yield gap is unsustainable, and the options flow shows conflicting signals: short-term bears are hedging at 25-26, while long-term bears are building a massive wall at 45-50, despite the stock already rallying. This disconnect signals a high-risk of a medium-term correction back toward the 20-22 range before any fundamental re-rating occurs.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.385622
AutoETS0.387441
MSTL0.388902
AutoTheta0.397213

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 40%
H-stat 1.82
Ljung-Box p 0.000
Jarque-Bera p 0.002
Excess Kurtosis 1.33

As of April 18, 2026, 11:11 p.m. EDT: Short-dated (April 17) implies heavy, albeit illiquid, put positioning at the 25-26 strike with significantly elevated implied volatility (IV > 600%) compared to ATM, while call activity is sparse with negligible open interest. Medium-term (June) calls show a massive 'long wing' with an enormous open interest wall at the 55.00 strike (117 contracts) and a notable volume spike at 25.00, suggesting a bullish breakout thesis or COWP (Call with Underlying and Warrant) structure far out. Conversely, the correlative long-term (June) put side displays an aggressive bearish narrative with dominant Open Interest (OI > 200) at strikes 45.00-62.00, some showing volume spikes. This 'day trader' vs 'weeks later' disconnect (long-horn call seller at 55 vs long-term call buyer at 55) indicates significant divergence in time horizons. The overall options picture is one of low total bilateral activity but bottled-up risk at specific strikes, creating a choppy environment rather than a clear directional flow signal.


Dividend Data

Dividend History
Date Dividend Yield %
2026-04-13 0.338 1.482456
2026-04-06 0.218 0.993646
2026-03-30 0.273 1.358522
2026-03-23 0.277 1.203577
2026-03-16 0.394 1.632615
2026-03-09 0.354 1.375438
2026-03-02 0.350 1.374019
2026-02-23 0.255 1.118192
2026-02-17 0.175 0.722647
2026-02-09 0.328 1.139254
2026-02-02 0.442 1.468920
2026-01-26 0.382 1.029820
2026-01-20 0.549 1.493774
2026-01-12 0.506 1.209190
2026-01-05 0.653 1.479911
2025-12-29 0.829 1.989933
2025-12-22 0.559 1.273025
2025-12-15 1.011 2.464701
2025-12-08 1.002 2.000520
2025-12-01 0.525 1.179475
2025-11-24 0.787 1.910867
2025-11-17 0.699 1.677084
2025-11-10 1.377 2.719462
2025-11-03 1.265 2.270929
2025-10-27 0.850 1.536512
2025-10-20 1.488 2.923176
2025-10-14 2.183 4.314785
2025-10-06 1.827 3.323578
2025-09-29 2.227 4.306146
2025-09-22 1.046 2.248906
2025-09-15 1.583 3.767913
2025-09-08 0.750 1.738102
2025-09-02 0.840 2.327668
2025-08-25 1.054 2.680956
2025-08-18 2.458 5.781681
2025-08-11 1.598 3.808579
2025-08-04 0.834 2.148386
2025-07-28 1.273 3.254433
2025-07-21 1.128 2.966376
2025-07-14 1.182 3.268014
2025-07-07 0.969 2.891714
2025-06-30 0.919 2.739289
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0

Info Dump

Attribute Value
All Time High 86.16
All Time Low 20.13
Ask 29.91
Ask Size 700
Average Daily Volume10 Day 225,490
Average Daily Volume3 Month 247,562
Average Volume 247,562
Average Volume10Days 225,490
Beta3 Year 0.0
Bid 29.21
Bid Size 300
Category Trading--Miscellaneous
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 30.805
Day Low 29.45
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.7657
Fifty Day Average Change 4.1143
Fifty Day Average Change Percent 0.15968128
Fifty Two Week Change Percent -43.354374
Fifty Two Week High 86.16
Fifty Two Week High Change -56.280006
Fifty Two Week High Change Percent -0.65320337
Fifty Two Week Low 20.13
Fifty Two Week Low Change 9.75
Fifty Two Week Low Change Percent 0.48435172
Fifty Two Week Range 20.13 - 86.16
First Trade Date Milliseconds 1,750,253,400,000
Full Exchange Name Cboe US
Fund Family Roundhill Investments
Fund Inception Date 1,750,118,400
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 actively managed and seeks to achieve its investment objectives by investing in total return swap agreements and common stock that in aggregate return approximately 1.2 times (120%) the calendar week total return of common shares of HOOD while making weekly distribution payments to shareholders. The fund is non-diversified.
Long Name Roundhill HOOD WeeklyPay ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1943656104
Nav Price 29.853
Net Assets 108,228,960.0
Net Expense Ratio 0.99
Open 29.56
Post Market Change 0.12000084
Post Market Change Percent 0.40160924
Post Market Price 30.0
Post Market Time 1,776,470,378
Previous Close 28.41
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 1.47
Regular Market Change Percent 5.17423
Regular Market Day High 30.805
Regular Market Day Low 29.45
Regular Market Day Range 29.45 - 30.805
Regular Market Open 29.56
Regular Market Previous Close 28.41
Regular Market Price 29.88
Regular Market Time 1,776,456,000
Regular Market Volume 237,674
Short Name Roundhill HOOD WeeklyPay ETF
Source Interval 15
Symbol HOOW
Total Assets 108,228,960
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -45.41573
Trailing Three Month Returns -45.41573
Triggerable 1
Two Hundred Day Average 53.21881
Two Hundred Day Average Change -23.338812
Two Hundred Day Average Change Percent -0.4385444
Type Disp ETF
Volume 237,674
Ytd Return -45.41573