YieldMax PLTR Option Income Strategy ETF (PLTY)Derivative Income | Exchange Traded Fund | NYSEArca
30.70 USD
+0.64
(2.129%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 30.57 -0.13 (-0.130%) ⇩ (July 13, 2026, 7:54 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:35 a.m. EDT
The headline 109% yield is a mathematical illusion born of capital destruction, not sustainable income. The fund is selling down its underlying Palantir shares to pay dividends, causing the share price to plummet from highs near $79 to the current $30 level—a 60%+ drawdown in less than a year. This is a classic 'capital erosion' trap where the yield increases because the principal is vanishing. While the recent price action shows a slight stabilization near the lows, the structural damage is done. The options market confirms this fear, with traders buying deep protection against a further collapse rather than betting on a recovery. For a long-term investor, this is a deteriorating business model wrapped in a high-yield disguise; the compounding loss of principal will eventually erase the income entirely. Avoid. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.082204 |
| MSTL | 0.093080 |
| AutoARIMA | 0.094037 |
| AutoETS | 0.094038 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 19.53 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.111 |
| Excess Kurtosis | 0.41 |
As of July 11, 2026, 3:35 a.m. EDT: Speculators are aggressively positioning for a severe downside event. Put open interest is heavily skewed toward deep out-of-the-money strikes (strikes 60-90) across all expirations, creating massive 'insurance' walls against a crash. Call activity is concentrated in the money or slightly out-of-the-money, suggesting a hedged long bias rather than a pure bullish bet. The extreme implied volatility skew on deep puts indicates the market prices in a catastrophic drop, while the lack of significant call volume at distant strikes suggests skepticism about Palantir's ability to sustain the massive upside required to fuel these option income strategies.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.91% | 71.19% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-09 | 0.276 | 0.907895 |
| 2026-07-02 | 0.257 | 0.842899 |
| 2026-06-25 | 0.261 | 0.994665 |
| 2026-06-18 | 0.299 | 0.954662 |
| 2026-06-11 | 0.296 | 0.925578 |
| 2026-06-04 | 0.481 | 1.400291 |
| 2026-05-28 | 0.367 | 1.048272 |
| 2026-05-21 | 0.357 | 1.050000 |
| 2026-05-14 | 0.436 | 1.296847 |
| 2026-05-07 | 0.271 | 0.786191 |
| 2026-04-30 | 0.361 | 1.033792 |
| 2026-04-23 | 0.383 | 1.068340 |
| 2026-04-16 | 0.356 | 0.981527 |
| 2026-04-09 | 0.455 | 1.328855 |
| 2026-04-02 | 0.450 | 1.163091 |
| 2026-03-26 | 0.478 | 1.227530 |
| 2026-03-19 | 0.802 | 1.958964 |
| 2026-03-12 | 0.800 | 1.950744 |
| 2026-03-05 | 0.478 | 1.157946 |
| 2026-02-26 | 0.393 | 1.032309 |
| 2026-02-19 | 0.387 | 1.023539 |
| 2026-02-12 | 0.385 | 1.046765 |
| 2026-02-05 | 0.359 | 0.970270 |
| 2026-01-29 | 0.369 | 0.858939 |
| 2026-01-22 | 0.379 | 0.808965 |
| 2026-01-15 | 0.413 | 0.823858 |
| 2026-01-08 | 0.451 | 0.896799 |
| 2026-01-02 | 0.513 | 1.055121 |
| 2025-12-26 | 0.993 | 1.818015 |
| 2025-12-18 | 0.435 | 0.791485 |
| 2025-12-11 | 0.563 | 1.009503 |
| 2025-12-04 | 1.302 | 2.403101 |
| 2025-11-28 | 0.592 | 1.107577 |
| 2025-11-20 | 0.730 | 1.451581 |
| 2025-11-13 | 0.834 | 1.501350 |
| 2025-11-06 | 1.219 | 2.134477 |
| 2025-10-30 | 1.246 | 1.959120 |
| 2025-10-23 | 0.737 | 1.208395 |
| 2025-10-16 | 0.741 | 1.225604 |
| 2025-10-09 | 3.285 | 5.206847 |
| 2025-09-11 | 2.441 | 4.055491 |
| 2025-08-14 | 7.492 | 10.921283 |
| 2025-07-17 | 2.560 | 3.802168 |
| 2025-06-20 | 3.260 | 5.056615 |
| 2025-05-22 | 7.044 | 11.449935 |
| 2025-04-24 | 4.656 | 7.596671 |
| 2025-03-27 | 5.326 | 8.756988 |
| 2025-02-27 | 5.938 | 9.577419 |
| 2025-01-30 | 2.983 | 4.461561 |
| 2025-01-03 | 3.589 | 5.127876 |
| 2024-12-05 | 3.348 | 4.956476 |
| 2024-11-07 | 2.201 | 3.757447 |
| Attribute | Value |
|---|---|
| All Time High | 95.075 |
| All Time Low | 26.06 |
| Ask | 30.73 |
| Ask Size | 800 |
| Average Daily Volume10 Day | 129,180 |
| Average Daily Volume3 Month | 209,273 |
| Average Volume | 209,273 |
| Average Volume10Days | 129,180 |
| Beta3 Year | 0.0 |
| Bid | 30.37 |
| Bid Size | 1,100 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.7417 |
| Day Low | 29.965 |
| Dividend Yield | 108.99 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 32.7642 |
| Fifty Day Average Change | -2.0641975 |
| Fifty Day Average Change Percent | -0.06300162 |
| Fifty Two Week Change Percent | -56.161583 |
| Fifty Two Week High | 78.84 |
| Fifty Two Week High Change | -48.139996 |
| Fifty Two Week High Change Percent | -0.61060375 |
| Fifty Two Week Low | 26.06 |
| Fifty Two Week Low Change | 4.6400013 |
| Fifty Two Week Low Change Percent | 0.17805071 |
| Fifty Two Week Range | 26.06 - 78.84 |
| First Trade Date Milliseconds | 1,728,394,200,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,728,259,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal circumstances, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in securities and financial instruments that provide indirect exposure to PLTR. The fund is non-diversified. |
| Long Name | YieldMax PLTR Option Income Strategy ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1884571905 |
| Nav Price | 30.3711 |
| Net Assets | 316,750,496.0 |
| Net Expense Ratio | 1.07 |
| Open | 30.07 |
| Post Market Change | -0.13000107 |
| Post Market Change Percent | -0.42345625 |
| Post Market Price | 30.57 |
| Post Market Time | 1,783,986,884 |
| Previous Close | 30.06 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.640001 |
| Regular Market Change Percent | 2.12908 |
| Regular Market Day High | 30.7417 |
| Regular Market Day Low | 29.965 |
| Regular Market Day Range | 29.965 - 30.7417 |
| Regular Market Open | 30.07 |
| Regular Market Previous Close | 30.06 |
| Regular Market Price | 30.7 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 73,314 |
| Short Name | YieldMax PLTR Option Income Str |
| Source Interval | 15 |
| Symbol | PLTY |
| Total Assets | 316,750,496 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -16.066 |
| Trailing Three Month Returns | -16.066 |
| Triggerable | 1 |
| Two Hundred Day Average | 45.24495 |
| Two Hundred Day Average Change | -14.544949 |
| Two Hundred Day Average Change Percent | -0.3214712 |
| Type Disp | ETF |
| Volume | 73,314 |
| Yield | 1.0899 |
| Ytd Return | -26.99287 |