YieldMax SNOW Option Income Strategy ETF (SNOY)Derivative Income | Exchange Traded Fund | NYSEArca
9.94 USD
-0.93
(-8.556%) ⇩
(Oct. 16, 2026, 3:37 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:23 a.m. EDT
The headline 35.82% yield is a mathematical artifact of the asset's severe price compression, not a sustainable income stream. The security has lost roughly 12% of its value over the last year, dragging the long-term rating to neutral despite the aggressive monthly payouts. While the recent price action shows a slight bounce off the lows, the statistical forecast offers no directional edge, and the options flow reveals a market hedging against further declines rather than betting on a recovery. The high yield is attractive only if the price stabilizes, but the underlying mechanics of this option strategy ETF suggest the payout will likely remain elevated only as long as the share price continues to struggle. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.022896 |
| AutoARIMA | 0.038318 |
| AutoETS | 0.038318 |
| MSTL | 0.042769 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 1.17 |
| Ljung-Box p | 0.532 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 3.82 |
As of Oct. 10, 2026, 2:23 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call interest is heavily skewed toward out-of-the-money strikes (13.0 and 14.0), suggesting bets on a rally, while put volume concentrates deep in-the-money (7.0 and 8.0), indicating a hedge against a crash. However, the lack of significant open interest at nearby strikes and the low implied volatility relative to the deep OTM puts suggests the market views the immediate path as choppy with asymmetric tail risks, rather than a decisive trend.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.27% | 68.09% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-15 | 0.138 | 1.269549 |
| 2026-10-08 | 0.098 | 0.863436 |
| 2026-10-01 | 0.098 | 0.862676 |
| 2026-09-24 | 0.133 | 1.186441 |
| 2026-09-17 | 0.129 | 1.135563 |
| 2026-09-10 | 0.134 | 1.193232 |
| 2026-09-03 | 0.139 | 1.171019 |
| 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 | 9.99 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 112,820 |
| Average Daily Volume3 Month | 161,729 |
| Average Volume | 161,729 |
| Average Volume10Days | 112,820 |
| Beta3 Year | 0.0 |
| Bid | 9.93 |
| Bid Size | 500 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.06 |
| Day Low | 9.7801 |
| Display Name | SNOW Option Income Strategy ETF |
| Dividend Yield | 35.42 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.3722 |
| Fifty Day Average Change | -1.4322004 |
| Fifty Day Average Change Percent | -0.12593873 |
| Fifty Two Week Change Percent | -26.948923 |
| Fifty Two Week High | 16.25 |
| Fifty Two Week High Change | -6.3100004 |
| Fifty Two Week High Change Percent | -0.38830772 |
| Fifty Two Week Low | 6.17 |
| Fifty Two Week Low Change | 3.7699995 |
| Fifty Two Week Low Change Percent | 0.611021 |
| Fifty Two Week Range | 6.17 - 16.25 |
| First Trade Date Milliseconds | 1,718,112,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.9300003 |
| Fullday Change Percent | -8.55566 |
| Fullday Price | 9.94 |
| 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 | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1855487465 |
| Nav Price | 10.9762 |
| Net Assets | 68,761,296.0 |
| Net Expense Ratio | 1.0 |
| Open | 11.07 |
| Previous Close | 10.87 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.9300003 |
| Regular Market Change Percent | -8.55566 |
| Regular Market Day High | 11.06 |
| Regular Market Day Low | 9.7801 |
| Regular Market Day Range | 9.7801 - 11.06 |
| Regular Market Open | 11.07 |
| Regular Market Previous Close | 10.87 |
| Regular Market Price | 9.94 |
| Regular Market Time | 1,792,179,472 |
| Regular Market Volume | 123,495 |
| Short Name | YieldMax SNOW Option Income Str |
| Source Interval | 15 |
| Symbol | SNOY |
| Total Assets | 68,761,296 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 31.21783 |
| Trailing Three Month Returns | 31.21783 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.93879 |
| Two Hundred Day Average Change | 0.001209259 |
| Two Hundred Day Average Change Percent | 0.000121670644 |
| Type Disp | ETF |
| Volume | 123,495 |
| Yield | 0.35419998 |
| Ytd Return | 52.31243 |