YieldMax SNOW Option Income Strategy ETF (SNOY)Derivative Income | Exchange Traded Fund | NYSEArca
7.25 USD
+0.04
(0.609%)
⇧
(April 17, 2026, 3:55 p.m.
EDT)
After hours: 7.38 +0.12 (1.709%) ⇧ (April 17, 2026, 7:56 p.m. EDT) Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 11:56 p.m. EDT
SNOY is a high-risk, high-yield trap in a downtrend; the 115% yield is eroding capital value rather than providing true income. While the short-term upside momentum is building due to oversold conditions (price rebounding from ~$6.20), the structural dividend liability and lack of underlying asset growth make it an unsuitable hold despite the attractive headline return. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.165605 |
| AutoARIMA | 0.166672 |
| AutoETS | 0.166673 |
| AutoTheta | 0.193444 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 3.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.385 |
| Excess Kurtosis | 0.37 |
As of April 18, 2026, 11:56 p.m. EDT: Options activity shows a distinct defensive posture. For July 17 expiration, implied volatility for puts is significantly elevated (1.32-2.09) compared to calls (0.76), with notable OTM put volume/flow at $10.00 strikes despite low OI, suggesting active betting on downside risk. Call IV is extremely low (0.25) for the Oct 16 expiration due to lack of positioning, while July calls show a long OEI hedge at $16.00 strikes, indicating a view that the current price floor (~$7.25) may act as a support level rather than a breakout point.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.94% | 93.37% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.068 | 0.943135 |
| 2026-04-09 | 0.095 | 1.412226 |
| 2026-04-02 | 0.083 | 1.083254 |
| 2026-03-26 | 0.119 | 1.477071 |
| 2026-03-19 | 0.071 | 0.822857 |
| 2026-03-12 | 0.134 | 1.562001 |
| 2026-03-05 | 0.069 | 0.799324 |
| 2026-02-26 | 0.083 | 0.980471 |
| 2026-02-19 | 0.092 | 1.072541 |
| 2026-02-12 | 0.077 | 0.926349 |
| 2026-02-05 | 0.067 | 0.872726 |
| 2026-01-29 | 0.078 | 0.804524 |
| 2026-01-22 | 0.074 | 0.733896 |
| 2026-01-15 | 0.067 | 0.674232 |
| 2026-01-08 | 0.087 | 0.819602 |
| 2026-01-02 | 0.108 | 1.034734 |
| 2025-12-26 | 0.097 | 0.903686 |
| 2025-12-18 | 0.103 | 0.978988 |
| 2025-12-11 | 0.134 | 1.282436 |
| 2025-12-04 | 0.270 | 2.438155 |
| 2025-11-28 | 0.145 | 1.250361 |
| 2025-11-20 | 0.147 | 1.285990 |
| 2025-11-13 | 0.154 | 1.289090 |
| 2025-11-06 | 0.258 | 2.102948 |
| 2025-10-30 | 0.312 | 2.507548 |
| 2025-10-23 | 0.142 | 1.198849 |
| 2025-10-16 | 0.388 | 3.406738 |
| 2025-10-02 | 0.437 | 3.836194 |
| 2025-09-04 | 1.129 | 10.510062 |
| 2025-08-07 | 0.455 | 4.405509 |
| 2025-07-10 | 0.471 | 4.452595 |
| 2025-06-12 | 1.276 | 12.289359 |
| 2025-05-15 | 1.307 | 14.262274 |
| 2025-04-17 | 0.686 | 8.953377 |
| 2025-03-20 | 0.812 | 9.731533 |
| 2025-02-20 | 0.921 | 9.829013 |
| 2025-01-23 | 0.739 | 8.377931 |
| 2024-12-27 | 0.568 | 6.901600 |
| 2024-11-29 | 1.708 | 18.914539 |
| 2024-10-31 | 0.559 | 8.617767 |
| 2024-10-03 | 0.513 | 8.121495 |
| 2024-09-06 | 0.863 | 14.281189 |
| 2024-08-07 | 0.783 | 12.875407 |
| 2024-07-05 | 0.933 | 13.006713 |
| Attribute | Value |
|---|---|
| All Time High | 23.76 |
| All Time Low | 6.17 |
| Ask | 7.27 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 61,690 |
| Average Daily Volume3 Month | 117,353 |
| Average Volume | 117,353 |
| Average Volume10Days | 61,690 |
| Beta3 Year | 0.0 |
| Bid | 7.23 |
| Bid Size | 1,600 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.32 |
| Day Low | 7.23 |
| Dividend Yield | 115.36 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.54176 |
| Fifty Day Average Change | -1.2878604 |
| Fifty Day Average Change Percent | -0.15077224 |
| Fifty Two Week Change Percent | -46.425407 |
| Fifty Two Week High | 17.81 |
| Fifty Two Week High Change | -10.556099 |
| Fifty Two Week High Change Percent | -0.5927063 |
| Fifty Two Week Low | 6.17 |
| Fifty Two Week Low Change | 1.0839 |
| Fifty Two Week Low Change Percent | 0.1756726 |
| Fifty Two Week Range | 6.17 - 17.81 |
| First Trade Date Milliseconds | 1,718,112,600,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,717,977,600 |
| 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 uses a synthetic covered call strategy to provide income and indirect exposure to the share price returns of SNOW, subject to a limit on potential investment gains as a result of the nature of the options strategy it employs. The fund is non-diversified. |
| Long Name | YieldMax SNOW Option Income Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1855487465 |
| Nav Price | 7.2504 |
| Net Assets | 34,462,216.0 |
| Net Expense Ratio | 1.0 |
| Open | 7.3 |
| Post Market Change | 0.12400007 |
| Post Market Change Percent | 1.7094263 |
| Post Market Price | 7.3779 |
| Post Market Time | 1,776,470,160 |
| Previous Close | 7.21 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0439 |
| Regular Market Change Percent | 0.608877 |
| Regular Market Day High | 7.32 |
| Regular Market Day Low | 7.23 |
| Regular Market Day Range | 7.23 - 7.32 |
| Regular Market Open | 7.3 |
| Regular Market Previous Close | 7.21 |
| Regular Market Price | 7.2539 |
| Regular Market Time | 1,776,455,715 |
| Regular Market Volume | 26,576 |
| Short Name | YieldMax SNOW Option Income Str |
| Source Interval | 15 |
| Symbol | SNOY |
| Total Assets | 34,462,216 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -28.36114 |
| Trailing Three Month Returns | -28.36114 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.937825 |
| Two Hundred Day Average Change | -5.683925 |
| Two Hundred Day Average Change Percent | -0.43932617 |
| Type Disp | ETF |
| Volume | 26,576 |
| Yield | 1.1536 |
| Ytd Return | -28.36114 |