Yieldmax MSTR Option Income Strategy ETF (MSTY)Derivative Income | Exchange Traded Fund | NYSEArca
12.57 USD
-0.26
(-2.027%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 12.55 -0.02 (-0.020%) ⇩ (July 13, 2026, 7:53 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:06 a.m. EDT
The long-term outlook is bleak because the underlying business has suffered a structural collapse, dropping nearly 15% in a single year while the asset class it tracks (Bitcoin) faces severe headwinds. This is not a value opportunity; it is a distressed asset where the market has correctly priced the failure of the option income strategy to generate sustainable alpha. The short-term view remains bearish due to persistent downward momentum and the high likelihood of continued capital erosion as the fund struggles to maintain its complex option structures. While the headline yield appears astronomical, it is a deceptive metric reflecting the rapid destruction of share price rather than genuine cash flow generation. Investors holding these positions are essentially paying a premium for the privilege of watching their principal shrink, with no clear path to recovery given the deteriorating fundamentals. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.239025 |
| AutoETS | 0.279566 |
| MSTL | 0.284518 |
| AutoTheta | 0.285439 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 34.67 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.179 |
| Excess Kurtosis | -1.01 |
As of July 11, 2026, 4:06 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 1.0, 2.0, 4.0) and significant volume in lower strikes relative to calls. Call activity is concentrated near the money or slightly out-of-the-money, suggesting a hedging strategy rather than a bullish bet on a recovery. Implied volatility is elevated for deep puts, indicating a market pricing in a high probability of further price compression.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.62% | 86.45% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-09 | 0.206 | 1.618225 |
| 2026-07-02 | 0.155 | 1.141384 |
| 2026-06-25 | 0.188 | 1.566667 |
| 2026-06-18 | 0.229 | 1.458599 |
| 2026-06-11 | 0.212 | 1.257414 |
| 2026-06-04 | 0.246 | 1.351648 |
| 2026-05-28 | 0.298 | 1.396439 |
| 2026-05-21 | 0.314 | 1.345907 |
| 2026-05-14 | 0.536 | 2.042683 |
| 2026-05-07 | 0.555 | 2.144513 |
| 2026-04-30 | 0.489 | 1.977355 |
| 2026-04-23 | 0.521 | 1.998466 |
| 2026-04-16 | 0.304 | 1.293067 |
| 2026-04-09 | 0.305 | 1.438001 |
| 2026-04-02 | 0.314 | 1.546036 |
| 2026-03-26 | 0.345 | 1.538805 |
| 2026-03-19 | 0.438 | 1.870196 |
| 2026-03-12 | 0.385 | 1.634820 |
| 2026-03-05 | 0.350 | 1.451680 |
| 2026-02-26 | 0.302 | 1.288946 |
| 2026-02-19 | 0.361 | 1.566840 |
| 2026-02-12 | 0.298 | 1.337522 |
| 2026-02-05 | 0.308 | 1.569027 |
| 2026-01-29 | 0.373 | 1.425296 |
| 2026-01-22 | 0.430 | 1.461591 |
| 2026-01-15 | 0.414 | 1.315957 |
| 2026-01-08 | 0.374 | 1.199487 |
| 2026-01-02 | 0.409 | 1.360612 |
| 2025-12-26 | 0.511 | 1.668299 |
| 2025-12-18 | 0.387 | 1.256086 |
| 2025-12-11 | 0.586 | 1.652566 |
| 2025-12-04 | 0.695 | 1.927878 |
| 2025-11-28 | 0.675 | 1.928571 |
| 2025-11-20 | 0.740 | 2.096317 |
| 2025-11-13 | 0.810 | 1.944778 |
| 2025-11-06 | 0.845 | 1.771488 |
| 2025-10-30 | 0.960 | 1.873171 |
| 2025-10-23 | 1.060 | 1.838682 |
| 2025-10-16 | 3.035 | 5.219260 |
| 2025-09-25 | 5.055 | 7.664898 |
| 2025-08-28 | 5.450 | 6.942675 |
| 2025-07-31 | 5.920 | 6.071795 |
| 2025-07-03 | 6.190 | 5.926281 |
| 2025-06-05 | 7.355 | 7.257030 |
| 2025-05-08 | 11.865 | 10.080714 |
| 2025-04-10 | 6.680 | 7.312534 |
| 2025-03-13 | 6.890 | 7.294865 |
| 2025-02-13 | 10.110 | 8.179612 |
| 2025-01-16 | 11.395 | 7.880359 |
| 2024-12-19 | 15.410 | 10.753663 |
| 2024-11-21 | 22.105 | 13.103142 |
| 2024-10-24 | 20.990 | 14.971470 |
| 2024-09-06 | 9.270 | 9.722077 |
| 2024-08-07 | 9.705 | 8.965358 |
| 2024-07-05 | 11.660 | 9.483530 |
| 2024-06-06 | 15.150 | 9.561376 |
| 2024-05-06 | 12.620 | 8.349322 |
| 2024-04-04 | 20.645 | 10.800419 |
| Attribute | Value |
|---|---|
| All Time High | 232.5 |
| All Time Low | 11.53 |
| Ask | 0.0 |
| Ask Size | 1,800 |
| Average Daily Volume10 Day | 1,477,140 |
| Average Daily Volume3 Month | 1,772,355 |
| Average Volume | 1,772,355 |
| Average Volume10Days | 1,477,140 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 1,700 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 12.7326 |
| Day Low | 12.335 |
| Dividend Yield | 28.38 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.5408 |
| Fifty Day Average Change | -6.9708004 |
| Fifty Day Average Change Percent | -0.35673055 |
| Fifty Two Week Change Percent | -88.64099 |
| Fifty Two Week High | 114.8 |
| Fifty Two Week High Change | -102.23 |
| Fifty Two Week High Change Percent | -0.89050525 |
| Fifty Two Week Low | 11.53 |
| Fifty Two Week Low Change | 1.04 |
| Fifty Two Week Low Change Percent | 0.09019948 |
| Fifty Two Week Range | 11.53 - 114.8 |
| First Trade Date Milliseconds | 1,708,612,200,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,708,473,600 |
| 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 ETF that seeks current income while maintaining the opportunity for exposure to the share price of the common stock of MicroStrategy Incorporated, subject to a limit on potential investment gains. The fund is non-diversified. |
| Long Name | Yieldmax MSTR Option Income Strategy ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1850981069 |
| Nav Price | 12.8493 |
| Net Assets | 709,911,740.0 |
| Net Expense Ratio | 1.03 |
| Open | 12.48 |
| Post Market Change | -0.019999504 |
| Post Market Change Percent | -0.15910505 |
| Post Market Price | 12.55 |
| Post Market Time | 1,783,986,819 |
| Previous Close | 12.83 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.26 |
| Regular Market Change Percent | -2.0265 |
| Regular Market Day High | 12.7326 |
| Regular Market Day Low | 12.335 |
| Regular Market Day Range | 12.335 - 12.7326 |
| Regular Market Open | 12.48 |
| Regular Market Previous Close | 12.83 |
| Regular Market Price | 12.57 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 890,232 |
| Short Name | YieldMax MSTR Option Income Str |
| Source Interval | 15 |
| Symbol | MSTY |
| Total Assets | 709,911,744 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -29.4132 |
| Trailing Three Month Returns | -29.4132 |
| Triggerable | 1 |
| Two Hundred Day Average | 32.0069 |
| Two Hundred Day Average Change | -19.436901 |
| Two Hundred Day Average Change Percent | -0.6072722 |
| Type Disp | ETF |
| Volume | 890,232 |
| Yield | 0.2838 |
| Ytd Return | -38.62159 |