Roundhill ETF Trust - Roundhill TSLA WeeklyPay ETF (TSLW)Cboe US
24.34 USD
-0.60
(-2.407%) ⇩
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 18, 2026, 11:35 p.m. EDT
TSLW is a classic 'high-income' income trap. The structuring of the ETF as a weekly-pay vehicle feeding off a leveraged Tesla position is unsustainable. The price trajectory (drifting below 20D/200D highs) and the heavy put writer positioning at strikes significantly below current price suggest sellers are confident the leveraged short-to-equity exposure will drag TSLW down or flat. As long as Tesla does not rally hard, TSLW acts as a bond, but once the leverage facade breaks or Tesla dips further, the NAV erosion will be severe. Speculators are positioning to be the 'student' (seller of premium) while retail takes the 'long' risk. It is a contrarian play on Tesla's stability but a long-term bearish leveraged instrument. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.080259 |
| AutoETS | 0.083943 |
| MSTL | 0.090913 |
| AutoTheta | 0.105034 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 21.39 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.202 |
| Excess Kurtosis | -0.19 |
As of April 18, 2026, 11:35 p.m. EDT: Put sellers (wheels sellers) dominate the options flow, evidenced by massive Open Interest (OI) for deep out-of-the-money puts in near-term expirations, consisting of 89-100% of total put OI. While ATM p/oiv is high, the strategy is clearly income-generation focused rather than directional hedging. Call activity is spotty with low volume/OI, except for a few naked calls at ATM levels, suggesting some speculation for upside but significant capital is positioned for downside protection via short calls (covered or naked). This indicates the underlying commodity is viewed as likely flat or trending slightly down, ensuring the short call strategy continues to generate premium.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.62% | 97.59% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-20 | 0.150 | 0.616270 |
| 2026-04-13 | 0.198 | 0.920901 |
| 2026-04-06 | 0.192 | 0.892220 |
| 2026-03-30 | 0.140 | 0.644943 |
| 2026-03-23 | 0.219 | 0.928621 |
| 2026-03-16 | 0.222 | 0.898410 |
| 2026-03-09 | 0.205 | 0.821512 |
| 2026-03-02 | 0.229 | 0.903175 |
| 2026-02-23 | 0.282 | 1.125492 |
| 2026-02-17 | 0.192 | 0.741084 |
| 2026-02-09 | 0.205 | 0.774390 |
| 2026-02-02 | 0.338 | 1.258888 |
| 2026-01-26 | 0.250 | 0.895487 |
| 2026-01-20 | 0.319 | 1.193931 |
| 2026-01-12 | 0.169 | 0.582101 |
| 2026-01-05 | 0.394 | 1.345225 |
| 2025-12-29 | 0.504 | 1.683545 |
| 2025-12-22 | 0.449 | 1.392925 |
| 2025-12-15 | 0.474 | 1.516854 |
| 2025-12-08 | 0.460 | 1.618404 |
| 2025-12-01 | 0.352 | 1.265415 |
| 2025-11-24 | 0.317 | 1.180363 |
| 2025-11-17 | 0.372 | 1.420538 |
| 2025-11-10 | 0.569 | 1.958925 |
| 2025-11-03 | 0.435 | 1.407388 |
| 2025-10-27 | 0.831 | 2.795075 |
| 2025-10-20 | 0.614 | 2.090656 |
| 2025-10-14 | 0.703 | 2.509700 |
| 2025-10-06 | 0.909 | 3.035418 |
| 2025-09-29 | 0.872 | 2.987846 |
| 2025-09-22 | 0.535 | 1.877326 |
| 2025-09-15 | 0.423 | 1.587270 |
| 2025-09-08 | 0.340 | 1.557088 |
| 2025-09-02 | 1.278 | 6.216995 |
| 2025-08-25 | 0.382 | 1.746762 |
| 2025-08-18 | 0.852 | 4.054090 |
| 2025-08-11 | 0.588 | 2.754464 |
| 2025-08-04 | 0.301 | 1.570433 |
| 2025-07-28 | 0.463 | 2.271993 |
| 2025-07-21 | 0.389 | 1.882749 |
| 2025-07-14 | 0.383 | 1.936908 |
| 2025-07-07 | 0.469 | 2.601185 |
| 2025-06-30 | 0.487 | 2.455988 |
| 2025-06-23 | 0.560 | 2.521694 |
| 2025-06-16 | 0.168 | 0.810171 |
| 2025-06-09 | 0.531 | 2.759073 |
| 2025-06-02 | 0.445 | 2.041588 |
| 2025-05-27 | 0.651 | 2.783387 |
| 2025-05-19 | 0.504 | 2.306144 |
| 2025-05-12 | 0.432 | 2.145337 |
| 2025-05-05 | 0.531 | 3.062728 |
| 2025-04-28 | 0.310 | 1.742321 |
| 2025-04-21 | 0.474 | 3.501390 |
| 2025-04-14 | 0.298 | 1.931431 |
| 2025-04-07 | 0.516 | 3.668767 |
| 2025-03-31 | 0.371 | 2.321314 |
| 2025-03-24 | 0.326 | 1.877823 |
| 2025-03-17 | 0.241 | 1.667659 |
| 2025-03-10 | 0.217 | 1.641631 |
| 2025-03-03 | 0.395 | 2.204754 |
| Attribute | Value |
|---|---|
| All Time High | 51.905 |
| All Time Low | 20.675 |
| Ask | 0.0 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 145,970 |
| Average Daily Volume3 Month | 151,039 |
| Average Volume | 151,039 |
| Average Volume10Days | 145,970 |
| Bid | 0.0 |
| Bid Size | 500 |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.29 |
| Day Low | 24.035 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.4656 |
| Fifty Day Average Change | -1.1255989 |
| Fifty Day Average Change Percent | -0.044200763 |
| Fifty Two Week Change Percent | -12.884754 |
| Fifty Two Week High | 43.59 |
| Fifty Two Week High Change | -19.25 |
| Fifty Two Week High Change Percent | -0.44161505 |
| Fifty Two Week Low | 20.675 |
| Fifty Two Week Low Change | 3.665001 |
| Fifty Two Week Low Change Percent | 0.17726728 |
| Fifty Two Week Range | 20.675 - 43.59 |
| First Trade Date Milliseconds | 1,739,975,400,000 |
| 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 TSLA WeeklyPay ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1912172125 |
| Open | 25.06 |
| Pre Market Change | 0.1800003 |
| Pre Market Change Percent | 0.73952466 |
| Pre Market Price | 24.52 |
| Pre Market Time | 1,776,764,588 |
| Previous Close | 24.9403 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.60026 |
| Regular Market Change Percent | -2.40679 |
| Regular Market Day High | 25.29 |
| Regular Market Day Low | 24.035 |
| Regular Market Day Range | 24.035 - 25.29 |
| Regular Market Open | 25.06 |
| Regular Market Previous Close | 24.9403 |
| Regular Market Price | 24.34 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 124,732 |
| Short Name | Roundhill TSLA WeeklyPay ETF |
| Source Interval | 15 |
| Symbol | TSLW |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 32.219444 |
| Two Hundred Day Average Change | -7.879444 |
| Two Hundred Day Average Change Percent | -0.24455556 |
| Type Disp | ETF |
| Volume | 124,732 |