YieldMax NVDA Option Income Strategy ETF (NVDY)Derivative Income | Exchange Traded Fund | NYSEArca
14.02 USD
+0.21
(1.521%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 14.00 -0.02 (-0.021%) ⇩ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 6:45 p.m. EDT
NVDY is a classic 'dividend trap' masquerading as income; the 72% yield is mathematically impossible to sustain without rapid capital erosion, as evidenced by the share price trending below its 200-day average. While the recent 2.27% forecast suggests a brief bounce due to oversold conditions, the long-term trajectory is a slow bleed, making this a short-term momentum play at best and a long-term capital destroyer. The options market correctly identifies this dichotomy: heavy hedging now, but a massive bullish bet on the underlying Nvidia stock for 2027, which implies the ETF structure is being used to harvest volatility from a stock that is expected to run higher, not the ETF itself. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.024099 |
| AutoETS | 0.032484 |
| AutoARIMA | 0.040592 |
| MSTL | 0.041529 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.481 |
| Excess Kurtosis | 0.03 |
As of April 18, 2026, 6:45 p.m. EDT: Short-dated expirations (April/May) show mixed positioning with significant put OI at $12.00 and $13.00 strikes, suggesting speculators are hedging against immediate downside or betting on mean reversion from recent highs. The $16.00 call wall in May indicates some upside skepticism. However, the 2027 calls display massive OI concentration at $20.00 with a 45% IV spike, signaling a high-conviction long-term bullish bet on NVIDIA growth, likely structured as covered call selling rather than pure speculation. The put side also shows massive OI at $13.00 for 2027, indicating a strong floor is being priced in for the long term. Overall, the options market is pricing in significant volatility with a bias toward capital preservation (hedges) in the near term and aggressive growth plays in the long term.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.84% | 87.11% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.116 | 0.839971 |
| 2026-04-09 | 0.111 | 0.846027 |
| 2026-04-02 | 0.115 | 0.898171 |
| 2026-03-26 | 0.120 | 0.963298 |
| 2026-03-19 | 0.133 | 1.032085 |
| 2026-03-12 | 0.120 | 0.918365 |
| 2026-03-05 | 0.116 | 0.894174 |
| 2026-02-26 | 0.115 | 0.883667 |
| 2026-02-19 | 0.094 | 0.719242 |
| 2026-02-12 | 0.106 | 0.817671 |
| 2026-02-05 | 0.094 | 0.777783 |
| 2026-01-29 | 0.108 | 0.806082 |
| 2026-01-22 | 0.085 | 0.654269 |
| 2026-01-15 | 0.095 | 0.728992 |
| 2026-01-08 | 0.105 | 0.816197 |
| 2026-01-02 | 0.144 | 1.108108 |
| 2025-12-26 | 0.116 | 0.890564 |
| 2025-12-18 | 0.117 | 0.961875 |
| 2025-12-11 | 0.149 | 1.186839 |
| 2025-12-04 | 0.165 | 1.311372 |
| 2025-11-28 | 0.163 | 1.337641 |
| 2025-11-20 | 0.150 | 1.218456 |
| 2025-11-13 | 0.144 | 1.143241 |
| 2025-11-06 | 0.319 | 2.527689 |
| 2025-10-30 | 0.182 | 1.345730 |
| 2025-10-23 | 0.121 | 0.972027 |
| 2025-10-16 | 0.109 | 0.884185 |
| 2025-10-09 | 0.795 | 6.143536 |
| 2025-09-11 | 0.643 | 5.305968 |
| 2025-08-14 | 0.840 | 6.831343 |
| 2025-07-17 | 1.029 | 8.854018 |
| 2025-06-20 | 0.672 | 6.557943 |
| 2025-05-22 | 1.628 | 17.425941 |
| 2025-04-24 | 0.673 | 8.511544 |
| 2025-03-27 | 0.787 | 9.379572 |
| 2025-02-27 | 1.612 | 18.105665 |
| 2025-01-30 | 0.829 | 9.135974 |
| 2025-01-03 | 0.898 | 8.471108 |
| 2024-12-05 | 1.185 | 11.048415 |
| 2024-11-07 | 1.023 | 9.532230 |
| 2024-10-10 | 1.100 | 11.170078 |
| 2024-09-06 | 1.355 | 17.024399 |
| 2024-08-07 | 1.251 | 16.155376 |
| 2024-07-05 | 2.471 | 26.407277 |
| 2024-06-06 | 2.563 | 28.786505 |
| 2024-05-06 | 1.199 | 16.263568 |
| 2024-04-04 | 2.608 | 37.275618 |
| 2024-03-06 | 2.622 | 36.520202 |
| 2024-02-07 | 1.530 | 26.549611 |
| 2024-01-05 | 0.626 | 13.345743 |
| 2023-12-07 | 0.507 | 11.530117 |
| 2023-11-08 | 0.415 | 9.583145 |
| 2023-10-06 | 0.677 | 15.389661 |
| 2023-09-08 | 0.930 | 21.218460 |
| 2023-08-04 | 0.814 | 19.726050 |
| 2023-07-07 | 0.957 | 23.230003 |
| 2023-06-07 | 0.746 | 19.553912 |
| Attribute | Value |
|---|---|
| All Time High | 31.77 |
| All Time Low | 12.34 |
| Ask | 14.0 |
| Ask Size | 45,500 |
| Average Daily Volume10 Day | 4,808,730 |
| Average Daily Volume3 Month | 5,674,972 |
| Average Volume | 5,674,972 |
| Average Volume10Days | 4,808,730 |
| Beta3 Year | 0.0 |
| Bid | 14.01 |
| Bid Size | 60,800 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.02 |
| Day Low | 13.89 |
| Dividend Yield | 72.59 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.5866 |
| Fifty Day Average Change | 0.43340015 |
| Fifty Day Average Change Percent | 0.031899087 |
| Fifty Two Week Change Percent | 3.0124903 |
| Fifty Two Week High | 18.03 |
| Fifty Two Week High Change | -4.01 |
| Fifty Two Week High Change Percent | -0.2224071 |
| Fifty Two Week Low | 12.34 |
| Fifty Two Week Low Change | 1.6800003 |
| Fifty Two Week Low Change Percent | 0.13614264 |
| Fifty Two Week Range | 12.34 - 18.03 |
| First Trade Date Milliseconds | 1,683,811,800,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,683,676,800 |
| 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 will employ its investment strategy as it relates to NVDA regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. The fund is non-diversified. |
| Long Name | YieldMax NVDA Option Income Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1799912224 |
| Nav Price | 14.0058 |
| Net Assets | 1,328,247,170.0 |
| Net Expense Ratio | 1.09 |
| Open | 13.9 |
| Post Market Change | -0.02080059 |
| Post Market Change Percent | -0.1483637 |
| Post Market Price | 13.9992 |
| Post Market Time | 1,776,470,377 |
| Previous Close | 13.81 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.21 |
| Regular Market Change Percent | 1.52064 |
| Regular Market Day High | 14.02 |
| Regular Market Day Low | 13.89 |
| Regular Market Day Range | 13.89 - 14.02 |
| Regular Market Open | 13.9 |
| Regular Market Previous Close | 13.81 |
| Regular Market Price | 14.02 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 4,590,547 |
| Short Name | YieldMax NVDA Option Income Str |
| Source Interval | 15 |
| Symbol | NVDY |
| Total Assets | 1,328,247,168 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -1.17623 |
| Trailing Three Month Returns | -1.17623 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.29455 |
| Two Hundred Day Average Change | -1.2745495 |
| Two Hundred Day Average Change Percent | -0.083333574 |
| Type Disp | ETF |
| Volume | 4,590,547 |
| Yield | 0.72589993 |
| Ytd Return | -1.17623 |