Tuttle Capital MSTR 0DTE Covere (MSTK)Derivative Income | Exchange Traded Fund | Cboe US
7.93 USD
+0.31
(4.024%)
⇧
(April 14, 2026, 1:02 p.m.
EDT)
Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:56 a.m. EDT
MSTK is a mechanics-based liquidation play, not an investment vehicle. The entity is actively liquidating its position, causing unlimited downside risk as prices seek the $6.59 break-even floor. The massive put flow at $4.00 confirms that smart money is fading this ETP entirely. Holding through the liquidation process is permitted by default but financially disastrous for a traditional investor. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.148046 |
| AutoARIMA | 0.153086 |
| AutoETS | 0.254825 |
| MSTL | 0.262567 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 79% |
| H-stat | 0.45 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.451 |
| Excess Kurtosis | 0.38 |
As of April 19, 2026, 12:56 a.m. EDT: Long-dated put flow (Sep 2026 expiration) shows aggressive activity at the $4.00 strike (86 volume, zero OI), indicating speculators are positioning for a downside trade above the current price. The ratio of volume to open interest suggests fresh capital flowing in to establish downside hedges or sell positions. Near-term to medium-term expirations (May and June) have minimal activity and show Total Exp Vol of 0, indicating a lack of imminent directional trading in the very near term, despite the ATM anchor presence. The high volume at the $4.00 deep OTM strike implies a belief that the price could drop significantly before the September expiration.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-10 | 0.03 | 0.402183 |
| 2026-04-02 | 0.03 | 0.423008 |
| 2026-03-27 | 0.03 | 0.387882 |
| 2026-03-20 | 0.03 | 0.382995 |
| 2026-03-13 | 0.03 | 0.370789 |
| 2026-03-06 | 0.03 | 0.389740 |
| 2026-02-27 | 0.03 | 0.405395 |
| 2026-02-20 | 0.03 | 0.399330 |
| 2026-02-13 | 0.04 | 0.512863 |
| 2026-02-06 | 0.04 | 0.485029 |
| 2026-01-30 | 0.12 | 1.245907 |
| 2026-01-23 | 0.10 | 0.961801 |
| 2026-01-16 | 0.12 | 1.081720 |
| 2026-01-09 | 0.12 | 1.153292 |
| 2026-01-02 | 0.15 | 1.443565 |
| 2025-12-26 | 0.18 | 1.724024 |
| 2025-12-19 | 0.20 | 1.847620 |
| 2025-12-12 | 0.20 | 1.738603 |
| 2025-12-05 | 0.25 | 1.999784 |
| 2025-11-28 | 0.28 | 2.379462 |
| 2025-11-21 | 0.35 | 3.074970 |
| 2025-11-14 | 0.50 | 3.725866 |
| 2025-11-07 | 0.50 | 3.100674 |
| 2025-10-31 | 0.50 | 2.740935 |
| Attribute | Value |
|---|---|
| All Time High | 26.55 |
| All Time Low | 6.59 |
| Ask | 7.92 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 2,050 |
| Average Daily Volume3 Month | 1,305 |
| Average Volume | 1,305 |
| Average Volume10Days | 2,050 |
| Beta3 Year | 0.0 |
| Bid | 3.97 |
| Bid Size | 300 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.9338 |
| Day Low | 7.9338 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.86932 |
| Fifty Day Average Change | 0.064480305 |
| Fifty Day Average Change Percent | 0.008193885 |
| Fifty Two Week Change Percent | -68.63535 |
| Fifty Two Week High | 26.55 |
| Fifty Two Week High Change | -18.6162 |
| Fifty Two Week High Change Percent | -0.70117515 |
| Fifty Two Week Low | 6.59 |
| Fifty Two Week Low Change | 1.3438001 |
| Fifty Two Week Low Change Percent | 0.20391503 |
| Fifty Two Week Range | 6.59 - 26.55 |
| First Trade Date Milliseconds | 1,761,226,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Tuttle Capital Management, LLC |
| Fund Inception Date | 1,761,091,200 |
| 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 exchange-traded fund (“ETF”) that seeks to achieve its investment objectives through the use of a covered call strategy that provides current income, while also providing exposure to the price return of MicroStrategy Inc. (NASDAQ: MSTR) (the “Underlying Security”). The fund is non-diversified. |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1930390145 |
| Nav Price | 7.5143 |
| Net Assets | 291,690.0 |
| Net Expense Ratio | 0.99 |
| Open | 8.04 |
| Previous Close | 7.6269 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.3069 |
| Regular Market Change Percent | 4.02392 |
| Regular Market Day High | 7.9338 |
| Regular Market Day Low | 7.9338 |
| Regular Market Day Range | 7.9338 - 7.9338 |
| Regular Market Open | 8.04 |
| Regular Market Previous Close | 7.6269 |
| Regular Market Price | 7.9338 |
| Regular Market Time | 1,776,186,123 |
| Regular Market Volume | 130 |
| Short Name | Tuttle Capital MSTR 0DTE Covere |
| Source Interval | 15 |
| Symbol | MSTK |
| Total Assets | 291,690 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -28.33197 |
| Trailing Three Month Returns | -28.33197 |
| Triggerable | 1 |
| Two Hundred Day Average | 11.949788 |
| Two Hundred Day Average Change | -4.015988 |
| Two Hundred Day Average Change Percent | -0.33607188 |
| Type Disp | ETF |
| Volume | 130 |
| Ytd Return | -28.33197 |