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Roundhill ETF Trust - Roundhill Top WeeklyPay ETF (TOPW)

Cboe US
34.69 USD -0.37 (-1.055%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 2:58 a.m. EDT

The immediate outlook is driven by a crowded speculative trade rather than fundamental recovery. While the weekly dividend structure provides a compelling income floor, the underlying asset is trapped in a downtrend, trading significantly below its 50-day and 200-day averages. The options market is screaming for a reversal, with heavy call positioning creating a mechanical catalyst for a short-term squeeze, yet the statistical forecast remains bearish, highlighting the tension between sentiment and reality. For the long term, the lack of multi-year price appreciation and the recent downward drift suggest the market views the current valuation as insufficient despite the attractive yield. The security offers a decent income stream for a contrarian, but the capital appreciation thesis remains unproven until the price can reclaim its moving average structure.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.039529
AutoETS0.053060
AutoARIMA0.053071
MSTL0.053694

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 52%
H-stat 1.29
Ljung-Box p 0.000
Jarque-Bera p 0.210
Excess Kurtosis -0.98

As of July 11, 2026, 2:58 a.m. EDT: Speculators are overwhelmingly bullish on the immediate horizon, with massive open interest and volume concentrated in out-of-the-money calls for July, August, and September expirations. This creates a heavy 'gamma wall' around the $36-$38 strikes, suggesting a crowded bet on a bounce toward the $56 high. Conversely, put activity is sparse and focused on deep out-of-the-money strikes, indicating a lack of hedging demand and a willingness to take significant downside risk in exchange for premium collection.


Dividend Data

Dividend History
Date Dividend Yield %
2026-07-07 0.158 0.461449
2026-06-30 0.287 0.850119
2026-06-23 0.208 0.622941
2026-06-16 0.162 0.456467
2026-06-09 0.289 0.814773
2026-06-02 0.241 0.622900
2026-05-27 0.290 0.749354
2026-05-19 0.310 0.805823
2026-05-12 0.242 0.624033
2026-05-05 0.277 0.730293
2026-04-28 0.319 0.839916
2026-04-21 0.287 0.768819
2026-04-14 0.301 0.818157
2026-04-07 0.184 0.543575
2026-03-31 0.196 0.589828
2026-03-24 0.229 0.675118
2026-03-17 0.331 0.925615
2026-03-10 0.333 0.925514
2026-03-03 0.330 0.925147
2026-02-24 0.274 0.776424
2026-02-18 0.236 0.655920
2026-02-10 0.260 0.699301
2026-02-03 0.338 0.885280
2026-01-27 0.323 0.792833
2026-01-21 0.339 0.826225
2026-01-13 0.309 0.725012
2026-01-06 0.408 0.960565
2025-12-30 0.380 0.896015
2025-12-23 0.385 0.888530
2025-12-16 0.486 1.112128
2025-12-09 0.531 1.136315
2025-12-02 0.349 0.746684
2025-11-25 0.447 0.979404
2025-11-18 0.399 0.861957
2025-11-12 0.573 1.134878
2025-11-04 0.568 1.104843
2025-10-28 0.626 1.154982
2025-10-21 0.734 1.390152
2025-10-14 0.857 1.634249
2025-10-07 0.734 1.345061
2025-09-30 0.881 1.648269
2025-09-23 0.514 0.958061
2025-09-16 0.544 1.009839
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0

Info Dump

Attribute Value
All Time High 56.5
All Time Low 31.88
Ask 0.0
Ask Size 900
Average Daily Volume10 Day 60,910
Average Daily Volume3 Month 77,632
Average Volume 77,632
Average Volume10Days 60,910
Bid 0.0
Bid Size 1,900
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 35.0468
Day Low 34.58
Display Name Top Win
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 36.6754
Fifty Day Average Change -1.9854012
Fifty Day Average Change Percent -0.05413441
Fifty Two Week Change Percent -31.643593
Fifty Two Week High 56.5
Fifty Two Week High Change -21.810001
Fifty Two Week High Change Percent -0.3860177
Fifty Two Week Low 31.88
Fifty Two Week Low Change 2.8099995
Fifty Two Week Low Change Percent 0.08814302
Fifty Two Week Range 31.88 - 56.5
First Trade Date Milliseconds 1,756,992,600,000
Full Exchange Name Cboe US
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Long Name Roundhill ETF Trust - Roundhill Top WeeklyPay ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1953359650
Open 34.79
Pre Market Change 0.049999237
Pre Market Change Percent 0.144423
Pre Market Price 34.67
Pre Market Time 1,784,016,063
Previous Close 35.06
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.370003
Regular Market Change Percent -1.05534
Regular Market Day High 35.0468
Regular Market Day Low 34.58
Regular Market Day Range 34.58 - 35.0468
Regular Market Open 34.79
Regular Market Previous Close 35.06
Regular Market Price 34.69
Regular Market Time 1,783,972,800
Regular Market Volume 83,536
Short Name Roundhill Top WeeklyPay ETF
Source Interval 15
Symbol TOPW
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 41.408424
Two Hundred Day Average Change -6.7184258
Two Hundred Day Average Change Percent -0.1622478
Type Disp ETF
Volume 83,536