YieldMax JP Option Income Strategy ETF (JPO)NYSEArca
14.51 USD
+0.21
(1.469%)
⇧
(April 20, 2026, 3:59 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★☆☆ |
Hot Take | April 18, 2026, 11:29 p.m. EDT
JPO is displaying classic 'Income Strategy ETF' characteristics: a grind for yield with high distribution frequency but structurally capped upside due to the tax-inefficient business model and recent price weakness (-9.6% vs 200DMA). The options flow is neutral-to-bullish but heavily hedged, indicating traders see the risk of further downside swings despite the recent technical bounce. Expect continued volatility around distribution dates with an inherent structural drag on long-term capital appreciation. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.022834 |
| AutoETS | 0.022835 |
| MSTL | 0.023455 |
| AutoTheta | 0.027484 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 74% |
| H-stat | 1.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.624 |
| Excess Kurtosis | -0.59 |
| Attribute | Value |
|---|---|
| Market Cap | 252,474,000 |
| Previous Name | Tidal Trust II - YieldMax JPM Option Income Strategy ETF |
As of April 18, 2026, 11:29 p.m. EDT: Call interest is heavily skewed out-of-the-money (OTM) at strikes 15.0 and 16.0, suggesting speculative bets on upside momentum or earnings/dividend protection. However, put positioning is significant at 13.0 strikes (ATM/Above-the-money), indicating a substantial hedge requirement or downside fear below the current price. The implied volatility (IV) is relatively low (approx 1.6x standard, but absolute terms are low), suggesting a period of consolidation rather than a violent crash or rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.86% | 36.48% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.122 | 0.856140 |
| 2026-04-09 | 0.075 | 0.529747 |
| 2026-04-02 | 0.072 | 0.530354 |
| 2026-03-26 | 0.069 | 0.510487 |
| 2026-03-19 | 0.071 | 0.533546 |
| 2026-03-12 | 0.068 | 0.520350 |
| 2026-03-05 | 0.074 | 0.546772 |
| 2026-02-26 | 0.073 | 0.521101 |
| 2026-02-19 | 0.057 | 0.405356 |
| 2026-02-12 | 0.062 | 0.446565 |
| 2026-02-05 | 0.075 | 0.529002 |
| 2026-01-29 | 0.059 | 0.423012 |
| 2026-01-22 | 0.057 | 0.406194 |
| 2026-01-15 | 0.077 | 0.540693 |
| 2026-01-08 | 0.054 | 0.358481 |
| 2026-01-02 | 0.081 | 0.541528 |
| 2025-12-26 | 0.063 | 0.420588 |
| 2025-12-18 | 0.071 | 0.488032 |
| 2025-12-11 | 0.076 | 0.521323 |
| 2025-12-04 | 0.190 | 1.303419 |
| 2025-11-28 | 0.081 | 0.559239 |
| 2025-11-20 | 0.073 | 0.524876 |
| 2025-11-13 | 0.109 | 0.755216 |
| 2025-11-06 | 0.150 | 1.025174 |
| 2025-10-30 | 0.131 | 0.907945 |
| 2025-10-23 | 0.084 | 0.604158 |
| 2025-10-16 | 0.057 | 0.404269 |
| 2025-10-09 | 0.423 | 2.957689 |
| 2025-09-11 | 0.271 | 1.909718 |
| 2025-08-14 | 0.282 | 2.063176 |
| 2025-07-17 | 0.508 | 3.751814 |
| 2025-06-20 | 0.277 | 2.139405 |
| 2025-05-22 | 0.392 | 3.175895 |
| 2025-04-24 | 0.561 | 4.770480 |
| 2025-03-27 | 0.372 | 3.098848 |
| 2025-02-27 | 0.295 | 2.296607 |
| 2025-01-30 | 0.693 | 5.210698 |
| 2025-01-03 | 0.301 | 2.468349 |
| 2024-12-05 | 0.319 | 2.581230 |
| 2024-11-07 | 0.350 | 2.887171 |
| 2024-10-10 | 0.377 | 3.282774 |
| 2024-09-06 | 0.523 | 4.510793 |
| 2024-08-07 | 0.371 | 3.318191 |
| 2024-07-05 | 0.221 | 1.888125 |
| 2024-06-06 | 0.348 | 3.020357 |
| 2024-05-06 | 0.417 | 3.649469 |
| 2024-04-04 | 0.650 | 5.418377 |
| 2024-03-06 | 0.493 | 4.224954 |
| 2024-02-07 | 0.238 | 2.163360 |
| 2024-01-05 | 0.249 | 2.326221 |
| 2023-12-07 | 0.201 | 2.001246 |
| 2023-11-08 | 0.518 | 5.252201 |
| 2023-10-06 | 0.252 | 2.480302 |
| Attribute | Value |
|---|---|
| All Time High | 22.3 |
| All Time Low | 13.32 |
| Ask | 0.0 |
| Ask Size | 1,200 |
| Average Daily Volume10 Day | 16,420 |
| Average Daily Volume3 Month | 53,104 |
| Average Volume | 53,104 |
| Average Volume10Days | 16,420 |
| Bid | 14.42 |
| Bid Size | 100 |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 14.51 |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.51 |
| Day Low | 14.39 |
| Display Name | JP Outfitters |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.18372 |
| Fifty Day Average Change | 0.3262806 |
| Fifty Day Average Change Percent | 0.02300388 |
| Fifty Two Week Change Percent | -8.222646 |
| Fifty Two Week High | 17.49 |
| Fifty Two Week High Change | -2.9799995 |
| Fifty Two Week High Change Percent | -0.17038305 |
| Fifty Two Week Low | 13.32 |
| Fifty Two Week Low Change | 1.1900005 |
| Fifty Two Week Low Change Percent | 0.08933938 |
| Fifty Two Week Range | 13.32 - 17.49 |
| First Trade Date Milliseconds | 1,694,525,400,000 |
| Full Exchange Name | NYSEArca |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Long Name | YieldMax JP Option Income Strategy ETF |
| Market | us_market |
| Market Cap | 252,474,000 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1850980183 |
| Name Change Date | 2,026-04-19 |
| Open | 14.34 |
| Pre Market Change | 0.17000008 |
| Pre Market Change Percent | 1.1716063 |
| Pre Market Price | 14.68 |
| Pre Market Time | 1,776,769,955 |
| Prev Name | Tidal Trust II - YieldMax JPM Option Income Strategy ETF |
| Previous Close | 14.3 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.21 |
| Regular Market Change Percent | 1.46853 |
| Regular Market Day High | 14.51 |
| Regular Market Day Low | 14.39 |
| Regular Market Day Range | 14.39 - 14.51 |
| Regular Market Open | 14.34 |
| Regular Market Previous Close | 14.3 |
| Regular Market Price | 14.51 |
| Regular Market Time | 1,776,715,190 |
| Regular Market Volume | 10,738 |
| Shares Outstanding | 17,400,000 |
| Short Name | YieldMax JP Option Income Strat |
| Source Interval | 15 |
| Symbol | JPO |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 15.7922 |
| Two Hundred Day Average Change | -1.2821999 |
| Two Hundred Day Average Change Percent | -0.08119197 |
| Type Disp | Equity |
| Volume | 10,738 |