YieldMax SMCI Option Income Str (SMCY)Derivative Income | Exchange Traded Fund | NYSEArca
4.72 USD
-0.10
(-2.075%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 4.67 -0.05 (-0.048%) ⇩ (July 13, 2026, 7:52 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 2:57 a.m. EDT
This instrument is a catastrophic failure of capital preservation disguised as an income vehicle. The price has collapsed from roughly $20 to under $5 in a single year, erasing nearly 80% of the principal. While the headline yield appears astronomical at 79%, this is a mathematical illusion created by the stock price crashing faster than the payouts can keep up; the distribution is effectively eating away the remaining equity base. The options market confirms this doom, with traders piling into deep out-of-the-money puts and avoiding calls entirely, signaling a belief that the asset will go to zero. There is no long-term business here, only a shrinking liability. Avoid. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.302906 |
| MSTL_50 | 0.303943 |
| MSTL | 0.335903 |
| AutoETS | 0.349480 |
| AutoARIMA | 0.350390 |
| MSTL_50_89 | 0.378891 |
| MSTL_89 | 0.388945 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 6.87 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.123 |
| Excess Kurtosis | -0.17 |
As of July 11, 2026, 2:57 a.m. EDT: Speculators are overwhelmingly positioning for downside protection. Put open interest vastly exceeds call open interest across all expirations, with massive concentration in strikes significantly above the current price (e.g., $9, $10, $15, $20). This indicates a 'bear put spread' or protective put strategy where investors are betting on further declines or hedging against a crash, rather than anticipating a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.45% | 90.29% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-09 | 0.069 | 1.446541 |
| 2026-07-02 | 0.077 | 1.659483 |
| 2026-06-25 | 0.071 | 1.339623 |
| 2026-06-18 | 0.067 | 1.281071 |
| 2026-06-11 | 0.105 | 1.916058 |
| 2026-06-04 | 0.172 | 2.166247 |
| 2026-05-28 | 0.139 | 1.911967 |
| 2026-05-21 | 0.105 | 1.650943 |
| 2026-05-14 | 0.132 | 2.052877 |
| 2026-05-07 | 0.090 | 1.355422 |
| 2026-04-30 | 0.130 | 2.260870 |
| 2026-04-23 | 0.077 | 1.334489 |
| 2026-04-16 | 0.093 | 1.537190 |
| 2026-04-09 | 0.084 | 1.544118 |
| 2026-04-02 | 0.086 | 1.572212 |
| 2026-03-26 | 0.078 | 1.455224 |
| 2026-03-19 | 0.109 | 1.472973 |
| 2026-03-12 | 0.115 | 1.537433 |
| 2026-03-05 | 0.146 | 1.883871 |
| 2026-02-26 | 0.127 | 1.624041 |
| 2026-02-19 | 0.122 | 1.538462 |
| 2026-02-12 | 0.132 | 1.725490 |
| 2026-02-05 | 0.091 | 1.154822 |
| 2026-01-29 | 0.096 | 1.226054 |
| 2026-01-22 | 0.118 | 1.409797 |
| 2026-01-15 | 0.086 | 1.073658 |
| 2026-01-08 | 0.073 | 0.894608 |
| 2026-01-02 | 0.095 | 1.129608 |
| 2025-12-26 | 0.098 | 1.168057 |
| 2025-12-18 | 0.114 | 1.403941 |
| 2025-12-11 | 0.141 | 1.508021 |
| 2025-12-04 | 0.214 | 2.264550 |
| 2025-11-28 | 0.162 | 1.703470 |
| 2025-11-20 | 0.195 | 2.152318 |
| 2025-11-13 | 0.217 | 2.154916 |
| 2025-11-06 | 0.333 | 2.868217 |
| 2025-10-30 | 0.259 | 1.783747 |
| 2025-10-23 | 0.243 | 1.728307 |
| 2025-10-16 | 0.809 | 5.120253 |
| 2025-09-25 | 0.915 | 6.035620 |
| 2025-08-28 | 1.308 | 8.487995 |
| 2025-07-31 | 1.852 | 8.752363 |
| 2025-07-03 | 1.610 | 8.231084 |
| 2025-06-05 | 1.580 | 8.681318 |
| 2025-05-08 | 1.413 | 8.400714 |
| 2025-04-10 | 1.501 | 8.104751 |
| 2025-03-13 | 1.974 | 8.526998 |
| 2025-02-13 | 2.090 | 7.757981 |
| 2025-01-16 | 1.722 | 7.365270 |
| 2024-12-19 | 2.355 | 9.009182 |
| 2024-11-21 | 2.203 | 8.156238 |
| 2024-10-24 | 5.354 | 10.547052 |
| Attribute | Value |
|---|---|
| All Time High | 59.2 |
| All Time Low | 4.391 |
| Ask | 0.0 |
| Ask Size | 7,500 |
| Average Daily Volume10 Day | 924,840 |
| Average Daily Volume3 Month | 1,127,609 |
| Average Volume | 1,127,609 |
| Average Volume10Days | 924,840 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 3,700 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.79 |
| Day Low | 4.66 |
| Dividend Yield | 79.23 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.0658 |
| Fifty Day Average Change | -1.3458004 |
| Fifty Day Average Change Percent | -0.22186692 |
| Fifty Two Week Change Percent | -76.221016 |
| Fifty Two Week High | 23.79 |
| Fifty Two Week High Change | -19.070002 |
| Fifty Two Week High Change Percent | -0.80159736 |
| Fifty Two Week Low | 4.391 |
| Fifty Two Week Low Change | 0.329 |
| Fifty Two Week Low Change Percent | 0.07492599 |
| Fifty Two Week Range | 4.391 - 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 | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1884572038 |
| Nav Price | 4.7799 |
| Net Assets | 110,973,776.0 |
| Net Expense Ratio | 1.01 |
| Open | 4.76 |
| Post Market Change | -0.047899723 |
| Post Market Change Percent | -1.0148246 |
| Post Market Price | 4.6721 |
| Post Market Time | 1,783,986,778 |
| Previous Close | 4.82 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.1 |
| Regular Market Change Percent | -2.0747 |
| Regular Market Day High | 4.79 |
| Regular Market Day Low | 4.66 |
| Regular Market Day Range | 4.66 - 4.79 |
| Regular Market Open | 4.76 |
| Regular Market Previous Close | 4.82 |
| Regular Market Price | 4.72 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 447,148 |
| Short Name | YieldMax SMCI Option Income Str |
| Source Interval | 15 |
| Symbol | SMCY |
| Total Assets | 110,973,776 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 14.39621 |
| Trailing Three Month Returns | 14.39621 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.674075 |
| Two Hundred Day Average Change | -3.9540753 |
| Two Hundred Day Average Change Percent | -0.4558498 |
| Type Disp | ETF |
| Volume | 447,148 |
| Yield | 0.79230005 |
| Ytd Return | -7.45425 |