Yieldmax MSTR Option Income Strategy ETF (MSTY)Derivative Income | Exchange Traded Fund | NYSEArca
14.80 USD
-1.03
(-6.507%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 14.99 +0.19 (1.284%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:32 a.m. EDT
This instrument is a classic value trap disguised as a high-yield income vehicle. While the headline yield appears astronomical, the recent price history reveals a brutal reality: the share price has collapsed by nearly 27% in just one year, erasing the value of the distributions paid. The recent news confirms that shareholders are facing uncapped losses despite weekly payments, as the capital destruction far outweighs the cash inflow. Fundamentally, the business model relies on selling options on a volatile asset (Bitcoin), and the recent performance suggests the strategy has failed to generate alpha, leading to a massive drawdown. The options data reinforces a bearish sentiment, with heavy put buying acting as insurance against further decline while speculative call buying targets a distant, unlikely recovery. For a long-term investor, the deteriorating fundamentals and the multi-year decline signal make this a dangerous hold. The short-term outlook remains bleak due to the structural damage to the portfolio, and the dividend is not sustainable given the rapid erosion of the underlying asset value. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.404171 |
| AutoARIMA | 0.515894 |
| MSTL | 0.883461 |
| AutoETS | 0.920055 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 11.20 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.365 |
| Excess Kurtosis | -0.26 |
As of Aug. 22, 2026, 4:32 a.m. EDT: Speculators are aggressively positioning for a severe crash, evidenced by massive open interest walls in deep out-of-the-money puts (strikes 2.0, 4.0, 6.0, 7.0) across 2027 and 2028 expirations, with implied volatilities spiking to 200-400% above ATM levels. Conversely, call activity shows significant volume spikes at strikes far above current prices (23.0, 41.0, 45.0, 46.0, 47.0), suggesting a 'long gamma' or lottery-ticket strategy where traders bet on a binary recovery event rather than steady appreciation. The skew is heavily weighted toward downside protection, indicating the market views the current price as a potential floor for a collapse.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.79% | 91.65% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-27 | 0.284 | 1.794062 |
| 2026-08-20 | 0.162 | 1.185077 |
| 2026-08-13 | 0.181 | 1.460855 |
| 2026-08-06 | 0.208 | 1.660016 |
| 2026-07-30 | 0.222 | 1.748032 |
| 2026-07-23 | 0.223 | 1.788292 |
| 2026-07-16 | 0.207 | 1.636364 |
| 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 | 15.0 |
| Ask Size | 1,400 |
| Average Daily Volume10 Day | 2,638,970 |
| Average Daily Volume3 Month | 1,613,896 |
| Average Volume | 1,613,896 |
| Average Volume10Days | 2,638,970 |
| Beta3 Year | 0.0 |
| Bid | 14.8 |
| Bid Size | 1,300 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 15.69 |
| Day Low | 14.73 |
| Dividend Yield | 36.21 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.1604 |
| Fifty Day Average Change | 1.6395998 |
| Fifty Day Average Change Percent | 0.12458586 |
| Fifty Two Week Change Percent | -81.27767 |
| Fifty Two Week High | 82.1 |
| Fifty Two Week High Change | -67.299995 |
| Fifty Two Week High Change Percent | -0.819732 |
| Fifty Two Week Low | 11.53 |
| Fifty Two Week Low Change | 3.2700005 |
| Fifty Two Week Low Change Percent | 0.28360802 |
| Fifty Two Week Range | 11.53 - 82.1 |
| First Trade Date Milliseconds | 1,708,612,200,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -1.0299997 |
| Fullday Change Percent | -6.5066314 |
| Fullday Price | 14.99 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1850981069 |
| Nav Price | 15.869 |
| Net Assets | 756,674,430.0 |
| Net Expense Ratio | 1.03 |
| Open | 15.5 |
| Post Market Change | 0.18999958 |
| Post Market Change Percent | 1.2837809 |
| Post Market Price | 14.99 |
| Post Market Time | 1,787,961,584 |
| Previous Close | 15.83 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.03 |
| Regular Market Change Percent | -6.50663 |
| Regular Market Day High | 15.69 |
| Regular Market Day Low | 14.73 |
| Regular Market Day Range | 14.73 - 15.69 |
| Regular Market Open | 15.5 |
| Regular Market Previous Close | 15.83 |
| Regular Market Price | 14.8 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 3,471,541 |
| Short Name | YieldMax MSTR Option Income Str |
| Source Interval | 15 |
| Symbol | MSTY |
| Total Assets | 756,674,432 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -38.70904 |
| Trailing Three Month Returns | -38.70904 |
| Triggerable | 1 |
| Two Hundred Day Average | 23.3889 |
| Two Hundred Day Average Change | -8.588901 |
| Two Hundred Day Average Change Percent | -0.3672212 |
| Type Disp | ETF |
| Volume | 3,471,541 |
| Yield | 0.3621 |
| Ytd Return | -32.7958 |