YieldMax MRNA Option Income Strategy ETF (MRNY)Derivative Income | Exchange Traded Fund | NYSEArca
18.62 USD
-0.01
(-0.054%) ⇩
(April 21, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | April 18, 2026, 11:30 p.m. EDT
Selling into a 'YieldMax' option income ETF is a suicidal strategy; these instruments cease to function as income generators the moment the underlying stock rallies sharply, but the prospectus warns of NAV erosion on such moves rather than price appreciation. The combination of a catastrophic short-term technical rating (shit out of water from the recent spike), a structural long-term decay mechanism (selling options on a 150-day ETF dilutes principal), and an unsustainable dividend yield (88%) that appears to be an accelerated payout of dwindling NAV rather than sustainable yield, makes MRNY a 0 in all categories. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.104895 |
| AutoARIMA | 0.115860 |
| AutoETS | 0.115865 |
| AutoTheta | 0.155163 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 4.41 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.097 |
| Excess Kurtosis | -0.53 |
As of April 18, 2026, 11:30 p.m. EDT: Speculators are exhibiting extreme defensive positioning. In the April 17 expiry (16 days out), there is massive Put Open Interest (OI) at strikes 2 and 3 (approx 146 combined contracts) compared to only 9 Call OI at 18.0. This creates a massive short gamma wall, forcing dealers to sell into any rally. While some near-term call flow exists at low strikes (2.0) or OTM (19.0), the volume of OTM puts (128 vol) dwarfs the OTM calls (13 vol), indicating a consensus bet on significant downside risk or a bet for the strategy to lose capital in an uptick.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.41% | 135.75% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.263 | 1.408677 |
| 2026-04-09 | 0.260 | 1.455291 |
| 2026-04-02 | 0.275 | 1.578579 |
| 2026-03-26 | 0.272 | 1.487964 |
| 2026-03-19 | 0.381 | 2.127332 |
| 2026-03-12 | 0.391 | 2.164516 |
| 2026-03-05 | 0.383 | 2.119843 |
| 2026-02-26 | 0.378 | 2.145480 |
| 2026-02-19 | 0.317 | 1.852682 |
| 2026-02-12 | 0.347 | 2.361887 |
| 2026-02-05 | 0.266 | 1.794602 |
| 2026-01-29 | 0.479 | 2.902201 |
| 2026-01-22 | 0.374 | 2.081985 |
| 2026-01-15 | 0.248 | 1.727546 |
| 2026-01-08 | 0.177 | 1.394422 |
| 2026-01-02 | 0.160 | 1.362254 |
| 2025-12-26 | 0.393 | 3.293374 |
| 2025-12-18 | 0.223 | 1.876819 |
| 2025-12-11 | 0.230 | 1.976717 |
| 2025-12-04 | 0.277 | 2.590957 |
| 2025-11-28 | 0.230 | 2.125692 |
| 2025-11-20 | 0.250 | 2.605593 |
| 2025-11-13 | 0.260 | 2.482565 |
| 2025-11-06 | 0.220 | 2.135331 |
| 2025-10-30 | 0.320 | 2.784054 |
| 2025-10-23 | 0.230 | 2.116673 |
| 2025-10-16 | 0.220 | 2.003997 |
| 2025-10-09 | 1.150 | 10.364274 |
| 2025-09-11 | 0.760 | 7.176383 |
| 2025-08-14 | 0.950 | 8.545181 |
| 2025-07-17 | 2.000 | 15.048049 |
| 2025-06-20 | 1.900 | 16.641257 |
| 2025-05-22 | 1.220 | 10.928289 |
| 2025-04-24 | 1.260 | 11.094081 |
| 2025-03-27 | 1.830 | 14.020864 |
| 2025-02-27 | 2.310 | 18.176679 |
| 2025-01-30 | 2.730 | 16.811265 |
| 2025-01-03 | 2.510 | 14.072386 |
| 2024-12-05 | 2.220 | 12.452427 |
| 2024-11-07 | 4.010 | 19.142038 |
| 2024-10-10 | 3.760 | 16.730189 |
| 2024-09-06 | 4.790 | 17.617841 |
| 2024-08-07 | 4.660 | 16.156203 |
| 2024-07-05 | 4.900 | 12.451116 |
| 2024-06-06 | 8.450 | 17.463463 |
| 2024-05-06 | 9.470 | 19.317079 |
| 2024-04-04 | 7.830 | 17.186158 |
| 2024-03-06 | 11.310 | 25.782703 |
| 2024-02-07 | 5.940 | 13.992322 |
| 2024-01-05 | 26.540 | 57.981970 |
| 2023-12-07 | 4.130 | 11.588034 |
| Attribute | Value |
|---|---|
| All Time High | 260.0 |
| All Time Low | 10.38 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 224,660 |
| Average Daily Volume3 Month | 235,088 |
| Average Volume | 235,088 |
| Average Volume10Days | 224,660 |
| Beta3 Year | 0.0 |
| Bid | 18.73 |
| Bid Size | 100 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.9601 |
| Day Low | 17.7941 |
| Dividend Yield | 88.03 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 18.9342 |
| Fifty Day Average Change | -0.31419945 |
| Fifty Day Average Change Percent | -0.016594281 |
| Fifty Two Week Change Percent | -29.201519 |
| Fifty Two Week High | 27.5 |
| Fifty Two Week High Change | -8.879999 |
| Fifty Two Week High Change Percent | -0.32290906 |
| Fifty Two Week Low | 13.6 |
| Fifty Two Week Low Change | 5.0200005 |
| Fifty Two Week Low Change Percent | 0.36911768 |
| Fifty Two Week Range | 13.6 - 27.5 |
| First Trade Date Milliseconds | 1,698,154,200,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,698,019,200 |
| 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 advisor will employ the fund's investment strategy as the fund relates to MRNA regardless of whether there are periods of adverse market, economic, or other conditions and will take temporary defensive positions during such periods. The fund is non-diversified. |
| Long Name | YieldMax MRNA Option Income Strategy ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1850980312 |
| Nav Price | 18.5038 |
| Net Assets | 127,522,488.0 |
| Net Expense Ratio | 1.0 |
| Open | 18.52 |
| Pre Market Change | 0.25629997 |
| Pre Market Change Percent | 1.380183 |
| Pre Market Price | 18.8263 |
| Pre Market Time | 1,776,849,692 |
| Previous Close | 18.63 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.00999832 |
| Regular Market Change Percent | -0.0536679 |
| Regular Market Day High | 18.9601 |
| Regular Market Day Low | 17.7941 |
| Regular Market Day Range | 17.7941 - 18.9601 |
| Regular Market Open | 18.52 |
| Regular Market Previous Close | 18.63 |
| Regular Market Price | 18.62 |
| Regular Market Time | 1,776,801,600 |
| Regular Market Volume | 774,879 |
| Short Name | YieldMax MRNA Option Income Str |
| Source Interval | 15 |
| Symbol | MRNY |
| Total Assets | 127,522,488 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 53.71649 |
| Trailing Three Month Returns | 53.71649 |
| Triggerable | 1 |
| Two Hundred Day Average | 18.419926 |
| Two Hundred Day Average Change | 0.20007515 |
| Two Hundred Day Average Change Percent | 0.010861887 |
| Type Disp | ETF |
| Volume | 774,879 |
| Yield | 0.8803 |
| Ytd Return | 53.71649 |