YieldMax SNOW Option Income Strategy ETF (SNOY)Derivative Income | Exchange Traded Fund | NYSEArca
11.35 USD
+0.03
(0.265%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 11.40 +0.05 (0.441%) ⇧ (Aug. 28, 2026, 7:50 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:36 a.m. EDT
The long-term outlook is severely compromised by a distinct structural decline; the asset has lost nearly 15% of its value over the last year, and the market is pricing in continued deterioration rather than a turnaround. While the headline yield appears astronomical at over 50%, this is a mathematical artifact of the collapsing share price combined with aggressive monthly distributions, not a sustainable income stream from a healthy business. The recent price action shows the stock struggling to find support, trading well below its moving averages. Options flow confirms this bearish sentiment, with traders aggressively buying deep out-of-the-money puts to hedge against further drops, while call interest remains negligible. This is a speculative vehicle for income generation that has already suffered significant capital impairment, making it unsuitable for a core portfolio. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.032128 |
| AutoETS | 0.032131 |
| AutoTheta | 0.042074 |
| MSTL | 0.051117 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 1.14 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.209 |
| Excess Kurtosis | 0.63 |
As of Aug. 22, 2026, 5:36 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by heavy out-of-the-money put open interest at strikes significantly below the current price (e.g., $7 and $8 for October expiration). Call activity is sparse and concentrated near the money, while implied volatility is elevated on the put side, indicating a market consensus expecting further declines rather than a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.63% | 70.87% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-27 | 0.185 | 1.634276 |
| 2026-08-20 | 0.188 | 1.678571 |
| 2026-08-13 | 0.206 | 1.757679 |
| 2026-08-06 | 0.182 | 1.586748 |
| 2026-07-30 | 0.142 | 1.268990 |
| 2026-07-23 | 0.170 | 1.640927 |
| 2026-07-16 | 0.167 | 1.579943 |
| 2026-07-09 | 0.146 | 1.389153 |
| 2026-07-02 | 0.142 | 1.369335 |
| 2026-06-25 | 0.202 | 2.099792 |
| 2026-06-18 | 0.200 | 1.998002 |
| 2026-06-11 | 0.203 | 1.963249 |
| 2026-06-04 | 0.227 | 2.163966 |
| 2026-05-28 | 0.157 | 1.498092 |
| 2026-05-21 | 0.098 | 1.301461 |
| 2026-05-14 | 0.150 | 2.086231 |
| 2026-05-07 | 0.081 | 1.102041 |
| 2026-04-30 | 0.069 | 1.013365 |
| 2026-04-23 | 0.091 | 1.258645 |
| 2026-04-16 | 0.068 | 0.943135 |
| 2026-04-09 | 0.095 | 1.399116 |
| 2026-04-02 | 0.083 | 1.060026 |
| 2026-03-26 | 0.119 | 1.430289 |
| 2026-03-19 | 0.071 | 0.785398 |
| 2026-03-12 | 0.134 | 1.479029 |
| 2026-03-05 | 0.069 | 0.745946 |
| 2026-02-26 | 0.083 | 0.907997 |
| 2026-02-19 | 0.092 | 0.984062 |
| 2026-02-12 | 0.077 | 0.841530 |
| 2026-02-05 | 0.067 | 0.786385 |
| 2026-01-29 | 0.078 | 0.719557 |
| 2026-01-22 | 0.074 | 0.651982 |
| 2026-01-15 | 0.067 | 0.595027 |
| 2026-01-08 | 0.087 | 0.719008 |
| 2026-01-02 | 0.108 | 0.901503 |
| 2025-12-26 | 0.097 | 0.780370 |
| 2025-12-18 | 0.103 | 0.838762 |
| 2025-12-11 | 0.134 | 1.089431 |
| 2025-12-04 | 0.270 | 2.048558 |
| 2025-11-28 | 0.145 | 1.031294 |
| 2025-11-20 | 0.147 | 1.050000 |
| 2025-11-13 | 0.154 | 1.041949 |
| 2025-11-06 | 0.258 | 1.682975 |
| 2025-10-30 | 0.312 | 1.973434 |
| 2025-10-23 | 0.142 | 0.925081 |
| 2025-10-16 | 0.388 | 2.604027 |
| 2025-10-02 | 0.437 | 2.858077 |
| 2025-09-04 | 1.129 | 7.607817 |
| 2025-08-07 | 0.455 | 2.969974 |
| 2025-07-10 | 0.471 | 2.916409 |
| 2025-06-12 | 1.276 | 7.828221 |
| 2025-05-15 | 1.307 | 8.421392 |
| 2025-04-17 | 0.686 | 4.875622 |
| 2025-03-20 | 0.812 | 5.056040 |
| 2025-02-20 | 0.921 | 4.860158 |
| 2025-01-23 | 0.739 | 3.951871 |
| 2024-12-27 | 0.568 | 3.132929 |
| 2024-11-29 | 1.708 | 8.331707 |
| 2024-10-31 | 0.559 | 3.502945 |
| 2024-10-03 | 0.513 | 3.192284 |
| 2024-09-06 | 0.863 | 5.437590 |
| 2024-08-07 | 0.783 | 4.656280 |
| 2024-07-05 | 0.933 | 4.493570 |
| Attribute | Value |
|---|---|
| All Time High | 23.76 |
| All Time Low | 6.17 |
| Ask | 11.35 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 199,710 |
| Average Daily Volume3 Month | 147,462 |
| Average Volume | 147,462 |
| Average Volume10Days | 199,710 |
| Beta3 Year | 0.0 |
| Bid | 11.05 |
| Bid Size | 900 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.38 |
| Day Low | 11.26 |
| Dividend Yield | 50.13 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 10.8729 |
| Fifty Day Average Change | 0.47710037 |
| Fifty Day Average Change Percent | 0.043879773 |
| Fifty Two Week Change Percent | -31.971157 |
| Fifty Two Week High | 16.91 |
| Fifty Two Week High Change | -5.5599995 |
| Fifty Two Week High Change Percent | -0.3287995 |
| Fifty Two Week Low | 6.17 |
| Fifty Two Week Low Change | 5.1800003 |
| Fifty Two Week Low Change Percent | 0.8395462 |
| Fifty Two Week Range | 6.17 - 16.91 |
| First Trade Date Milliseconds | 1,718,112,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.0300007 |
| Fullday Change Percent | 0.265024 |
| Fullday Price | 11.4 |
| 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 | 11.1171 |
| Net Assets | 64,012,700.0 |
| Net Expense Ratio | 1.0 |
| Open | 11.34 |
| Post Market Change | 0.049999237 |
| Post Market Change Percent | 0.4405219 |
| Post Market Price | 11.4 |
| Post Market Time | 1,787,961,046 |
| Previous Close | 11.32 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0300007 |
| Regular Market Change Percent | 0.265024 |
| Regular Market Day High | 11.38 |
| Regular Market Day Low | 11.26 |
| Regular Market Day Range | 11.26 - 11.38 |
| Regular Market Open | 11.34 |
| Regular Market Previous Close | 11.32 |
| Regular Market Price | 11.35 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 129,943 |
| Short Name | YieldMax SNOW Option Income Str |
| Source Interval | 15 |
| Symbol | SNOY |
| Total Assets | 64,012,700 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 97.89226 |
| Trailing Three Month Returns | 97.89226 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.314715 |
| Two Hundred Day Average Change | 1.035285 |
| Two Hundred Day Average Change Percent | 0.10036971 |
| Type Disp | ETF |
| Volume | 129,943 |
| Yield | 0.50130004 |
| Ytd Return | 30.44392 |