NEOS NASDAQ-100(R) High Income ETF (QQQI)Derivative Income | Exchange Traded Fund | NasdaqGM
55.41 USD
-0.95
(-1.686%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:26 a.m. EDT
QQQI presents a classic case of 'high income, high risk' where the yield comes at the cost of significant upside potential and capital preservation. The headline 9% yield is attractive, but the recent price action shows the fund trading flat to slightly down over the last year, failing to generate real alpha against the underlying tech index. More concerning is the options data: the market is screaming for downside protection. The massive concentration of put open interest suggests investors are terrified of a crash, which often precedes the very event they are trying to hedge against. Buying a covered call strategy like this is akin to buying a lottery ticket while paying a premium for insurance; if the tech sector rallies hard, this fund will likely cap your gains, leaving you with a high yield but a missed opportunity to participate in the boom. It is a defensive play for a bear market, but a poor vehicle for capturing the next tech supercycle. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.014055 |
| AutoTheta | 0.014416 |
| AutoETS | 0.014459 |
| MSTL | 0.015329 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 61% |
| H-stat | 0.58 |
| Ljung-Box p | 0.009 |
| Jarque-Bera p | 0.755 |
| Excess Kurtosis | -0.42 |
| Attribute | Value |
|---|---|
| Trailing P/E | 31.70 |
As of July 11, 2026, 4:26 a.m. EDT: Speculators are heavily positioned for downside protection, with out-of-the-money put open interest dominating the landscape across nearly all expirations. The ratio of OTM put OI to call OI is extreme (roughly 10:1), indicating a pervasive fear of a significant drop rather than a bet on a rally. While there is some volume in calls near the $57-$58 strikes, the overwhelming capital allocation is in hedging bets below $55, suggesting the market views the current price as vulnerable to a sharp correction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.17% | 14.22% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-16 | 0.657 | 1.170080 |
| 2026-05-20 | 0.659 | 1.175946 |
| 2026-04-22 | 0.630 | 1.176031 |
| 2026-03-18 | 0.609 | 1.193416 |
| 2026-02-18 | 0.614 | 1.175120 |
| 2026-01-21 | 0.636 | 1.191234 |
| 2025-12-24 | 0.641 | 1.175069 |
| 2025-11-26 | 0.630 | 1.166451 |
| 2025-10-22 | 0.645 | 1.192898 |
| 2025-09-24 | 0.641 | 1.189681 |
| 2025-08-20 | 0.629 | 1.202447 |
| 2025-07-23 | 0.637 | 1.214027 |
| 2025-06-25 | 0.628 | 1.220603 |
| 2025-05-21 | 0.637 | 1.277834 |
| 2025-04-23 | 0.531 | 1.160656 |
| 2025-03-26 | 0.587 | 1.198938 |
| 2025-02-26 | 0.614 | 1.183272 |
| 2025-01-22 | 0.624 | 1.167446 |
| 2024-12-24 | 0.622 | 1.161098 |
| 2024-11-20 | 0.612 | 1.180783 |
| 2024-10-23 | 0.610 | 1.196078 |
| 2024-09-25 | 0.602 | 1.178082 |
| 2024-08-21 | 0.644 | 1.262003 |
| 2024-07-24 | 0.619 | 1.246476 |
| 2024-06-26 | 0.623 | 1.206196 |
| 2024-05-22 | 0.613 | 1.213381 |
| 2024-04-24 | 0.587 | 1.200900 |
| 2024-03-20 | 0.605 | 1.192118 |
| 2024-02-21 | 0.594 | 1.202429 |
| Attribute | Value |
|---|---|
| All Time High | 57.84 |
| All Time Low | 41.17 |
| Ask | 55.49 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 5,257,720 |
| Average Daily Volume3 Month | 6,517,703 |
| Average Volume | 6,517,703 |
| Average Volume10Days | 5,257,720 |
| Beta3 Year | 0.0 |
| Bid | 55.33 |
| Bid Size | 1 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 55.89 |
| Day Low | 55.2701 |
| Dividend Yield | 0.09 |
| Eps Trailing Twelve Months | 1.7479868 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 56.0454 |
| Fifty Day Average Change | -0.63539886 |
| Fifty Day Average Change Percent | -0.011337217 |
| Fifty Two Week Change Percent | 5.562961 |
| Fifty Two Week High | 57.84 |
| Fifty Two Week High Change | -2.4300003 |
| Fifty Two Week High Change Percent | -0.042012453 |
| Fifty Two Week Low | 47.87 |
| Fifty Two Week Low Change | 7.540001 |
| Fifty Two Week Low Change Percent | 0.15750995 |
| Fifty Two Week Range | 47.87 - 57.84 |
| First Trade Date Milliseconds | 1,706,625,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Neos Funds |
| Fund Inception Date | 1,706,486,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-01-30 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the Nasdaq-100® Index and a call options strategy, that consists of written (sold) call options on the Nasdaq-100® Index. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in securities, or derivative instruments linked to securities, of companies that are included in the reference index. |
| Long Name | NEOS NASDAQ-100(R) High Income ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1867487640 |
| Nav Price | 56.3605 |
| Net Assets | 13,110,758,400.0 |
| Net Expense Ratio | 0.68 |
| Open | 55.83 |
| Phone | 9,144,435,008 |
| Pre Market Change | 0.30480194 |
| Pre Market Change Percent | 0.5500847 |
| Pre Market Price | 55.7148 |
| Pre Market Time | 1,784,029,913 |
| Previous Close | 56.36 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.950001 |
| Regular Market Change Percent | -1.68559 |
| Regular Market Day High | 55.89 |
| Regular Market Day Low | 55.2701 |
| Regular Market Day Range | 55.2701 - 55.89 |
| Regular Market Open | 55.83 |
| Regular Market Previous Close | 56.36 |
| Regular Market Price | 55.41 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 6,756,971 |
| Short Name | NEOS Nasdaq 100 High Income ETF |
| Source Interval | 15 |
| Symbol | QQQI |
| Total Assets | 13,110,758,400 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 31.699324 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 18.45372 |
| Trailing Three Month Returns | 18.45372 |
| Triggerable | 1 |
| Two Hundred Day Average | 54.1069 |
| Two Hundred Day Average Change | 1.3031006 |
| Two Hundred Day Average Change Percent | 0.024083816 |
| Type Disp | ETF |
| Volume | 6,756,971 |
| Yield | 0.00090000004 |
| Ytd Return | 13.36928 |