YieldMax SMCI Option Income Str (SMCY)Derivative Income | Exchange Traded Fund | NYSEArca
6.14 USD
+0.05
(0.821%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:23 a.m. EDT
Technical rebound from support is marginal and likely trapped; the overwhelming Open Interest on deep OTM puts signals a consensus bet on a major SMCI-related collapse or a 'buy the rumor, sell the news' event that will crush the yield. The 260%+ yield is masking a deep value trap where capital erosion is the primary risk, making long holding unsustainable. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.091771 |
| AutoETS | 0.093300 |
| AutoARIMA | 0.093300 |
| MSTL | 0.093985 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 55.15 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.016 |
| Excess Kurtosis | -0.81 |
As of April 19, 2026, 12:23 a.m. EDT: Options flow indicates a heavy 'protective put' strategy, evidenced by massive Open Interest (OI) on deep out-of-the-money (OTM) puts at strikes 9.00 and 12.00 expiring in July and October. This suggests speculation on a significant downside move or a severe earnings event for the underlying (SMCI). Conversely, call positioning is skewed toward OTM strikes 9.00 and 16.00, but the volume is significantly lower than the defensive put writing. IV is elevated on options with distant expiration dates. The data suggests speculators are positioning for volatility/risk rather than an immediate directional move, creating a challenging environment for directional short-term strategies despite the high theoretical yield.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.54% | 152.29% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.093 | 1.537190 |
| 2026-04-09 | 0.084 | 1.568469 |
| 2026-04-02 | 0.086 | 1.621549 |
| 2026-03-26 | 0.078 | 1.524864 |
| 2026-03-19 | 0.109 | 1.564877 |
| 2026-03-12 | 0.115 | 1.657744 |
| 2026-03-05 | 0.146 | 2.061888 |
| 2026-02-26 | 0.127 | 1.810973 |
| 2026-02-19 | 0.122 | 1.742599 |
| 2026-02-12 | 0.132 | 1.986588 |
| 2026-02-05 | 0.091 | 1.351538 |
| 2026-01-29 | 0.096 | 1.450395 |
| 2026-01-22 | 0.118 | 1.687589 |
| 2026-01-15 | 0.086 | 1.303395 |
| 2026-01-08 | 0.073 | 1.098125 |
| 2026-01-02 | 0.095 | 1.398964 |
| 2025-12-26 | 0.098 | 1.463749 |
| 2025-12-18 | 0.114 | 1.780016 |
| 2025-12-11 | 0.141 | 1.938441 |
| 2025-12-04 | 0.214 | 2.954198 |
| 2025-11-28 | 0.162 | 2.273293 |
| 2025-11-20 | 0.195 | 2.922328 |
| 2025-11-13 | 0.217 | 2.985629 |
| 2025-11-06 | 0.333 | 4.053879 |
| 2025-10-30 | 0.259 | 2.590510 |
| 2025-10-23 | 0.243 | 2.553682 |
| 2025-10-16 | 0.809 | 7.685442 |
| 2025-09-25 | 0.915 | 9.523231 |
| 2025-08-28 | 1.308 | 14.203421 |
| 2025-07-31 | 1.852 | 15.884754 |
| 2025-07-03 | 1.610 | 16.215514 |
| 2025-06-05 | 1.580 | 18.511654 |
| 2025-05-08 | 1.413 | 19.388190 |
| 2025-04-10 | 1.501 | 20.267482 |
| 2025-03-13 | 1.974 | 22.943232 |
| 2025-02-13 | 2.090 | 22.583409 |
| 2025-01-16 | 1.722 | 23.160394 |
| 2024-12-19 | 2.355 | 30.415592 |
| 2024-11-21 | 2.203 | 29.967915 |
| 2024-10-24 | 5.354 | 42.228773 |
| Attribute | Value |
|---|---|
| All Time High | 59.2 |
| All Time Low | 4.8 |
| Ask | 0.0 |
| Ask Size | 39,600 |
| Average Daily Volume10 Day | 771,210 |
| Average Daily Volume3 Month | 1,348,978 |
| Average Volume | 1,348,978 |
| Average Volume10Days | 771,210 |
| Beta3 Year | 0.0 |
| Bid | 6.15 |
| Bid Size | 65,200 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 6.14 |
| Day Low | 5.965 |
| Dividend Yield | 261.61 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.8554 |
| Fifty Day Average Change | -0.7154002 |
| Fifty Day Average Change Percent | -0.10435572 |
| Fifty Two Week Change Percent | -64.854034 |
| Fifty Two Week High | 23.79 |
| Fifty Two Week High Change | -17.650002 |
| Fifty Two Week High Change Percent | -0.7419084 |
| Fifty Two Week Low | 4.8 |
| Fifty Two Week Low Change | 1.3399997 |
| Fifty Two Week Low Change Percent | 0.27916658 |
| Fifty Two Week Range | 4.8 - 23.79 |
| First Trade Date Milliseconds | 1,726,147,800,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,726,012,800 |
| 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 SMCI. The fund is non-diversified. |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1884572038 |
| Nav Price | 6.0818 |
| Net Assets | 110,241,856.0 |
| Net Expense Ratio | 1.01 |
| Open | 6.03 |
| Pre Market Change | 0.01999998 |
| Pre Market Change Percent | 0.3257326 |
| Pre Market Price | 6.16 |
| Pre Market Time | 1,776,764,769 |
| Previous Close | 6.09 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0499997 |
| Regular Market Change Percent | 0.821013 |
| Regular Market Day High | 6.14 |
| Regular Market Day Low | 5.965 |
| Regular Market Day Range | 5.965 - 6.14 |
| Regular Market Open | 6.03 |
| Regular Market Previous Close | 6.09 |
| Regular Market Price | 6.14 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 417,299 |
| Short Name | YieldMax SMCI Option Income Str |
| Source Interval | 15 |
| Symbol | SMCY |
| Total Assets | 110,241,856 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -19.10068 |
| Trailing Three Month Returns | -19.10068 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.007075 |
| Two Hundred Day Average Change | -5.8670754 |
| Two Hundred Day Average Change Percent | -0.48863485 |
| Type Disp | ETF |
| Volume | 417,299 |
| Yield | 2.6160998 |
| Ytd Return | -19.10068 |