YieldMax Innovation Option Income Strategy ETF (OARK)Derivative Income | Exchange Traded Fund | NYSEArca
30.56 USD
+0.44
(1.453%)
⇧
(July 14, 2026, 3:42 p.m.
EDT)
After hours: 31.21 +0.65 (2.118%) ⇧ (July 14, 2026, 7:32 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 2:47 a.m. EDT
The long-term outlook is dire due to a catastrophic 48% cumulative loss over the last two years, driven by two consecutive years of double-digit annual declines. This is not a temporary dip but a structural deterioration where the market has correctly priced the business as failing to generate value. The 'income' narrative is an illusion; while the headline yield appears massive at 33%, it is entirely artificial, generated by the aggressive buyback and cancellation of options contracts rather than sustainable corporate earnings. This is a classic value trap where the price has collapsed because the underlying innovation strategy is not working, and the high yield is merely the final distribution of capital to shareholders before the fund likely erodes further. Short-term momentum remains weak, with the price trading well below its moving averages and options flow confirming a bearish sentiment. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.022430 |
| AutoARIMA | 0.031248 |
| AutoETS | 0.031260 |
| MSTL | 0.033767 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 1.96 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.446 |
| Excess Kurtosis | -0.77 |
As of July 11, 2026, 2:47 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts (strikes 30, 32, 37) compared to negligible call activity. The implied volatility skew is steep, indicating a market expectation of further declines rather than rallies.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.01% | 49.27% | 45.26% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-09 | 0.312 | 1.008697 |
| 2026-07-02 | 0.245 | 0.787250 |
| 2026-06-25 | 0.233 | 0.773316 |
| 2026-06-18 | 0.228 | 0.722731 |
| 2026-06-11 | 0.228 | 0.754442 |
| 2026-06-04 | 0.282 | 0.880425 |
| 2026-05-28 | 0.261 | 0.799632 |
| 2026-05-21 | 0.240 | 0.758078 |
| 2026-05-14 | 0.414 | 1.282925 |
| 2026-05-07 | 0.417 | 1.279887 |
| 2026-04-30 | 0.429 | 1.337157 |
| 2026-04-23 | 0.438 | 1.347692 |
| 2026-04-16 | 0.351 | 1.062896 |
| 2026-04-09 | 0.332 | 1.089954 |
| 2026-04-02 | 0.297 | 0.973962 |
| 2026-03-26 | 0.292 | 0.958949 |
| 2026-03-19 | 0.287 | 0.901382 |
| 2026-03-12 | 0.314 | 0.986243 |
| 2026-03-05 | 0.274 | 0.830228 |
| 2026-02-26 | 0.249 | 0.751585 |
| 2026-02-19 | 0.228 | 0.702187 |
| 2026-02-12 | 0.204 | 0.652591 |
| 2026-02-05 | 0.204 | 0.666667 |
| 2026-01-29 | 0.215 | 0.607516 |
| 2026-01-22 | 0.219 | 0.588393 |
| 2026-01-15 | 0.249 | 0.664000 |
| 2026-01-08 | 0.238 | 0.644114 |
| 2026-01-02 | 0.219 | 0.598034 |
| 2025-12-26 | 0.294 | 0.784942 |
| 2025-12-18 | 0.289 | 0.782986 |
| 2025-12-11 | 0.336 | 0.874772 |
| 2025-12-04 | 0.636 | 1.653236 |
| 2025-11-28 | 0.365 | 0.963061 |
| 2025-11-20 | 0.350 | 0.976290 |
| 2025-11-13 | 0.415 | 1.075130 |
| 2025-11-06 | 0.385 | 0.942472 |
| 2025-10-30 | 0.700 | 1.629802 |
| 2025-10-23 | 0.400 | 0.897868 |
| 2025-10-16 | 1.070 | 2.429058 |
| 2025-10-02 | 1.720 | 3.805310 |
| 2025-09-04 | 1.535 | 3.650416 |
| 2025-08-07 | 1.880 | 4.392523 |
| 2025-07-10 | 1.720 | 3.904654 |
| 2025-06-12 | 1.975 | 4.949874 |
| 2025-05-15 | 1.560 | 3.994878 |
| 2025-04-17 | 1.460 | 4.183381 |
| 2025-03-20 | 1.605 | 3.997509 |
| 2025-02-20 | 2.135 | 4.149660 |
| 2025-01-23 | 1.650 | 3.145853 |
| 2024-12-27 | 1.645 | 3.092105 |
| 2024-11-29 | 2.345 | 4.370923 |
| 2024-10-31 | 1.410 | 2.919255 |
| 2024-10-03 | 2.040 | 4.150559 |
| 2024-09-06 | 1.475 | 3.105263 |
| 2024-08-07 | 1.315 | 2.827957 |
| 2024-07-05 | 1.230 | 2.286245 |
| 2024-06-06 | 2.000 | 3.731343 |
| 2024-05-06 | 2.630 | 4.507284 |
| 2024-04-04 | 2.380 | 3.885714 |
| 2024-03-06 | 2.315 | 3.580820 |
| 2024-02-07 | 1.930 | 2.994570 |
| 2024-01-05 | 1.595 | 2.382375 |
| 2023-12-07 | 1.210 | 1.833333 |
| 2023-11-08 | 1.920 | 3.101777 |
| 2023-10-06 | 1.675 | 2.541730 |
| 2023-09-08 | 1.820 | 2.486339 |
| 2023-08-04 | 3.420 | 4.395887 |
| 2023-07-07 | 2.775 | 3.425926 |
| 2023-06-07 | 2.550 | 3.175591 |
| 2023-05-05 | 1.825 | 2.433333 |
| 2023-04-06 | 2.550 | 3.288201 |
| 2023-03-08 | 3.845 | 4.776694 |
| 2023-02-08 | 5.450 | 5.964432 |
| 2023-01-10 | 3.725 | 4.121259 |
| Attribute | Value |
|---|---|
| All Time High | 106.32 |
| All Time Low | 10.25 |
| Ask | 34.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 9,530 |
| Average Daily Volume3 Month | 12,440 |
| Average Volume | 12,440 |
| Average Volume10Days | 9,530 |
| Beta3 Year | 1.66 |
| Bid | 30.13 |
| Bid Size | 100 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.62 |
| Day Low | 30.245 |
| Dividend Yield | 33.64 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 31.54702 |
| Fifty Day Average Change | -0.9844208 |
| Fifty Day Average Change Percent | -0.031204874 |
| Fifty Two Week Change Percent | -31.378132 |
| Fifty Two Week High | 47.0 |
| Fifty Two Week High Change | -16.4374 |
| Fifty Two Week High Change Percent | -0.34973192 |
| Fifty Two Week Low | 28.71 |
| Fifty Two Week Low Change | 1.8526001 |
| Fifty Two Week Low Change Percent | 0.06452805 |
| Fifty Two Week Range | 28.71 - 47.0 |
| First Trade Date Milliseconds | 1,669,386,600,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,669,075,200 |
| 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 will seek to employ its investment strategy as it relates to the Underlying Security regardless of whether there are periods adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. In seeking to achieve its investment objective, the fund will implement a “synthetic covered call” strategy using the standardized exchange-traded and FLEX options. It is non-diversified. |
| Long Name | YieldMax Innovation Option Income Strategy ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1799412301 |
| Nav Price | 30.2189 |
| Net Assets | 55,866,400.0 |
| Net Expense Ratio | 1.0 |
| Open | 30.3 |
| Post Market Change | 0.6473999 |
| Post Market Change Percent | 2.118275 |
| Post Market Price | 31.21 |
| Post Market Time | 1,784,071,927 |
| Previous Close | 30.125 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.437599 |
| Regular Market Change Percent | 1.45261 |
| Regular Market Day High | 30.62 |
| Regular Market Day Low | 30.245 |
| Regular Market Day Range | 30.245 - 30.62 |
| Regular Market Open | 30.3 |
| Regular Market Previous Close | 30.125 |
| Regular Market Price | 30.5626 |
| Regular Market Time | 1,784,058,173 |
| Regular Market Volume | 4,093 |
| Short Name | YieldMax Innovation Option Inco |
| Source Interval | 15 |
| Symbol | OARK |
| Three Year Average Return | 0.1089147 |
| Total Assets | 55,866,400 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 17.04834 |
| Trailing Three Month Returns | 17.04834 |
| Triggerable | 1 |
| Two Hundred Day Average | 35.583263 |
| Two Hundred Day Average Change | -5.020664 |
| Two Hundred Day Average Change Percent | -0.14109623 |
| Type Disp | ETF |
| Volume | 4,093 |
| Yield | 0.3364 |
| Ytd Return | 7.9864 |