YieldMax PLTR Option Income Strategy ETF (PLTY)Derivative Income | Exchange Traded Fund | NYSEArca
38.53 USD
+0.20
(0.522%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 38.35 -0.18 (-0.181%) ⇩ (Aug. 28, 2026, 7:47 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:14 a.m. EDT
The headline 105% yield is a mathematical illusion born of massive capital destruction. The fund is paying out nearly the entire remaining value of the underlying positions as dividends, which is a classic sign of a 'capital erosion' strategy where the principal is being liquidated to fund the income. While the recent price action shows a slight bounce off the lows, the structural damage is evident: the fund has lost roughly 40% of its value since August 2025, and the options market is screaming for further declines with heavy put positioning. The 'income' is simply the speed at which the investment is being eaten away. For a long-term holder, this is a value trap; for a short-term trader, the momentum is weak and the risk of further drawdown is high. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.097374 |
| AutoTheta | 0.103405 |
| AutoETS | 0.105065 |
| AutoARIMA | 0.105067 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 1.99 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.120 |
| Excess Kurtosis | -0.91 |
As of Aug. 22, 2026, 4:14 a.m. EDT: Speculators are positioning aggressively for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 72, 85, 90) and elevated implied volatility on far-dated contracts compared to calls. This suggests a fear of significant capital erosion rather than a bullish bet on price appreciation.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.67% | 66.21% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-27 | 0.642 | 1.674928 |
| 2026-08-20 | 0.723 | 1.951417 |
| 2026-08-13 | 0.746 | 1.934146 |
| 2026-08-06 | 0.349 | 0.997713 |
| 2026-07-30 | 0.335 | 1.190476 |
| 2026-07-23 | 0.295 | 1.030028 |
| 2026-07-16 | 0.300 | 0.963701 |
| 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 | 38.53 |
| Ask Size | 1,400 |
| Average Daily Volume10 Day | 241,190 |
| Average Daily Volume3 Month | 185,404 |
| Average Volume | 185,404 |
| Average Volume10Days | 241,190 |
| Beta3 Year | 0.0 |
| Bid | 38.32 |
| Bid Size | 1,000 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 38.75 |
| Day Low | 38.1101 |
| Dividend Yield | 104.99 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 32.6254 |
| Fifty Day Average Change | 5.904598 |
| Fifty Day Average Change Percent | 0.18098164 |
| Fifty Two Week Change Percent | -36.68036 |
| Fifty Two Week High | 66.9 |
| Fifty Two Week High Change | -28.370003 |
| Fifty Two Week High Change Percent | -0.4240658 |
| Fifty Two Week Low | 26.06 |
| Fifty Two Week Low Change | 12.469999 |
| Fifty Two Week Low Change Percent | 0.47851112 |
| Fifty Two Week Range | 26.06 - 66.9 |
| First Trade Date Milliseconds | 1,728,394,200,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.199997 |
| Fullday Change Percent | 0.521776 |
| Fullday Price | 38.3495 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1884571905 |
| Nav Price | 38.4042 |
| Net Assets | 303,121,408.0 |
| Net Expense Ratio | 1.07 |
| Open | 38.35 |
| Post Market Change | -0.18050003 |
| Post Market Change Percent | -0.46846622 |
| Post Market Price | 38.3495 |
| Post Market Time | 1,787,960,862 |
| Previous Close | 38.33 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.199997 |
| Regular Market Change Percent | 0.521776 |
| Regular Market Day High | 38.75 |
| Regular Market Day Low | 38.1101 |
| Regular Market Day Range | 38.1101 - 38.75 |
| Regular Market Open | 38.35 |
| Regular Market Previous Close | 38.33 |
| Regular Market Price | 38.53 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 162,081 |
| Short Name | YieldMax PLTR Option Income Str |
| Source Interval | 15 |
| Symbol | PLTY |
| Total Assets | 303,121,408 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -7.22462 |
| Trailing Three Month Returns | -7.22462 |
| Triggerable | 1 |
| Two Hundred Day Average | 40.1751 |
| Two Hundred Day Average Change | -1.6450996 |
| Two Hundred Day Average Change Percent | -0.040948242 |
| Type Disp | ETF |
| Volume | 162,081 |
| Yield | 1.0498999 |
| Ytd Return | -23.18291 |