Yieldmax PYPL Option Income Strategy ETF (PYPY)Derivative Income | Exchange Traded Fund | NYSEArca
26.15 USD
-4.07
(-13.481%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 26.68 +0.53 (2.027%) ⇧ (Aug. 28, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:48 a.m. EDT
The most critical signal here is the structural nature of the income stream. While the headline yield is a staggering 9.33%, the data reveals this is not sustainable free cash flow; it is a 'yield trap' where the fund is returning capital to shareholders to maintain the payout. The price history confirms this: the asset has lost nearly 40% of its value in just one year, and the recent price action shows no recovery, hovering near multi-month lows. The options market reinforces this bearish view, with traders buying protection against further declines while ignoring upside potential. For a long-term investor, the deteriorating underlying asset and the mechanism of the dividend itself make this a poor hold, despite the attractive-looking yield. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.117566 |
| MSTL | 0.119558 |
| AutoTheta | 0.193484 |
| AutoARIMA | 0.203862 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 37% |
| H-stat | 115.56 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.035 |
| Excess Kurtosis | -1.75 |
As of Aug. 22, 2026, 3:48 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume and elevated implied volatility on downside strikes, while call activity is negligible. This indicates a strong consensus expectation of further price weakness rather than a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.79% | 48.57% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-27 | 0.238 | 0.787454 |
| 2026-08-20 | 0.295 | 0.963108 |
| 2026-08-13 | 0.529 | 1.761572 |
| 2026-08-06 | 0.595 | 1.944190 |
| 2026-07-30 | 0.532 | 1.747700 |
| 2026-07-23 | 0.588 | 1.967740 |
| 2026-07-16 | 0.240 | 0.780742 |
| 2026-07-09 | 0.206 | 0.806704 |
| 2026-07-02 | 0.172 | 0.671980 |
| 2026-06-25 | 0.129 | 0.522902 |
| 2026-06-18 | 0.135 | 0.545829 |
| 2026-06-11 | 0.144 | 0.583185 |
| 2026-06-04 | 0.224 | 0.872376 |
| 2026-05-28 | 0.179 | 0.670915 |
| 2026-05-21 | 0.232 | 0.870218 |
| 2026-05-14 | 0.256 | 0.941280 |
| 2026-05-07 | 0.335 | 1.196984 |
| 2026-04-30 | 0.413 | 1.363486 |
| 2026-04-23 | 0.475 | 1.561113 |
| 2026-04-16 | 0.316 | 1.025974 |
| 2026-04-09 | 0.297 | 1.017716 |
| 2026-04-02 | 0.265 | 0.909778 |
| 2026-03-26 | 0.274 | 0.946786 |
| 2026-03-19 | 0.331 | 1.150184 |
| 2026-03-12 | 0.491 | 1.687865 |
| 2026-03-05 | 0.208 | 0.662843 |
| 2026-02-26 | 0.217 | 0.714051 |
| 2026-02-19 | 0.214 | 0.752726 |
| 2026-02-12 | 0.195 | 0.712719 |
| 2026-02-05 | 0.166 | 0.594343 |
| 2026-01-29 | 0.220 | 0.598477 |
| 2026-01-22 | 0.228 | 0.576631 |
| 2026-01-15 | 0.242 | 0.606364 |
| 2026-01-08 | 0.243 | 0.598227 |
| 2026-01-02 | 0.283 | 0.699456 |
| 2025-12-26 | 0.281 | 0.675806 |
| 2025-12-18 | 0.257 | 0.621223 |
| 2025-12-11 | 0.262 | 0.609728 |
| 2025-12-04 | 0.630 | 1.470245 |
| 2025-11-28 | 0.355 | 0.805902 |
| 2025-11-20 | 0.385 | 0.908019 |
| 2025-11-13 | 0.450 | 0.950370 |
| 2025-11-06 | 0.570 | 1.181347 |
| 2025-10-30 | 0.695 | 1.399799 |
| 2025-10-23 | 0.440 | 0.847213 |
| 2025-10-16 | 1.415 | 2.824351 |
| 2025-09-18 | 1.335 | 2.463100 |
| 2025-08-21 | 1.700 | 3.099362 |
| 2025-07-24 | 1.365 | 2.141176 |
| 2025-06-26 | 1.650 | 2.635783 |
| 2025-05-29 | 2.755 | 4.304688 |
| 2025-05-01 | 2.760 | 4.476886 |
| 2025-04-03 | 1.760 | 2.904291 |
| 2025-03-06 | 1.885 | 2.819746 |
| 2025-02-06 | 3.335 | 4.303226 |
| 2025-01-08 | 2.130 | 2.370618 |
| 2024-12-12 | 3.005 | 3.222520 |
| 2024-11-14 | 2.940 | 3.225452 |
| 2024-10-17 | 5.520 | 6.184874 |
| 2024-09-06 | 8.095 | 9.534747 |
| 2024-08-07 | 1.755 | 2.069698 |
| 2024-07-05 | 2.160 | 2.711864 |
| 2024-06-06 | 3.345 | 3.720801 |
| 2024-05-06 | 4.710 | 5.061795 |
| 2024-04-04 | 2.330 | 2.491979 |
| 2024-03-06 | 3.615 | 4.162349 |
| 2024-02-07 | 3.275 | 3.501176 |
| 2024-01-05 | 2.830 | 2.969570 |
| 2023-12-07 | 2.600 | 2.697235 |
| 2023-11-08 | 3.105 | 3.300909 |
| Attribute | Value |
|---|---|
| All Time High | 105.75 |
| All Time Low | 19.003 |
| Ask | 26.69 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 27,200 |
| Average Daily Volume3 Month | 20,079 |
| Average Volume | 20,079 |
| Average Volume10Days | 27,200 |
| Beta3 Year | 0.0 |
| Bid | 26.1 |
| Bid Size | 7,400 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.84 |
| Day Low | 26.0 |
| Dividend Yield | 9.33 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 28.66346 |
| Fifty Day Average Change | -2.5134602 |
| Fifty Day Average Change Percent | -0.087688655 |
| Fifty Two Week Change Percent | -53.386806 |
| Fifty Two Week High | 59.135 |
| Fifty Two Week High Change | -32.985 |
| Fifty Two Week High Change Percent | -0.55779153 |
| Fifty Two Week Low | 24.15 |
| Fifty Two Week Low Change | 2.0 |
| Fifty Two Week Low Change Percent | 0.08281574 |
| Fifty Two Week Range | 24.15 - 59.135 |
| First Trade Date Milliseconds | 1,695,735,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -4.0744 |
| Fullday Change Percent | -13.4805 |
| Fullday Price | 26.68 |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,695,600,000 |
| 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 advisor will employ the fund's investment strategy as the fund relates to PYPL 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 PYPL Option Income Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1850980279 |
| Nav Price | 30.133 |
| Net Assets | 13,189,627.0 |
| Net Expense Ratio | 1.31 |
| Open | 26.29 |
| Post Market Change | 0.5300007 |
| Post Market Change Percent | 2.0267713 |
| Post Market Price | 26.68 |
| Post Market Time | 1,787,961,478 |
| Previous Close | 30.2244 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -4.0744 |
| Regular Market Change Percent | -13.4805 |
| Regular Market Day High | 26.84 |
| Regular Market Day Low | 26.0 |
| Regular Market Day Range | 26.0 - 26.84 |
| Regular Market Open | 26.29 |
| Regular Market Previous Close | 30.2244 |
| Regular Market Price | 26.15 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 83,171 |
| Short Name | YieldMax PYPL Option Income Str |
| Source Interval | 15 |
| Symbol | PYPY |
| Total Assets | 13,189,627 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 12.82773 |
| Trailing Three Month Returns | 12.82773 |
| Triggerable | 1 |
| Two Hundred Day Average | 32.33744 |
| Two Hundred Day Average Change | -6.187441 |
| Two Hundred Day Average Change Percent | -0.19133985 |
| Type Disp | ETF |
| Volume | 83,171 |
| Yield | 0.0933 |
| Ytd Return | -1.89855 |