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YieldMax TSLA Option Income Strategy ETF (TSLY)

Derivative Income | Exchange Traded Fund | NYSEArca
30.84 USD +0.81 (2.697%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 30.78 -0.06 (-0.065%) ⇩ (April 17, 2026, 7:57 p.m. EDT)

Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 18, 2026, 11:32 p.m. EDT

TSLY is a liability trap disguised as an income vehicle. The 98%+ yield is a cash bleedback from the share price collapsing, not a reward. Short-term, speculators are betting on a sharp downside move (put skew), validating the 'Yield Trap' narrative. Long-term, holding this will result in total loss of principal as the net asset value deteriorates; the yield cannot be collected indefinitely without the stock price eventually reaching zero or the option strategy expiring worthless.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.033280
AutoETS0.033281
MSTL0.037302
AutoTheta0.044471

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 44%
H-stat 8.52
Ljung-Box p 0.000
Jarque-Bera p 0.073
Excess Kurtosis 0.24

As of April 18, 2026, 11:32 p.m. EDT: Speculators are positioning for a violent range-bound scenario or a sharp drop rather than a rally. Deep OTM put activity is massive across all expirations (especially $60-20 strikes for long-dated contracts), with directionally negative 'dist_pct' at high-volatility levels indicating heavy buying. The OTM put OI is significantly higher than OTM call OI (e.g., 2.9k OI vs 216 OI in Jan 2027 puts). While ATM options see neutral volume, the massive long-dated put positioning suggests a speculative bet on significant downside volatility or the eventual liquidation of the ETF's holdings rather than a continued rally in TSLA underlying price.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.89% 114.01% 227.81%
Dividend History
Date Dividend Yield %
2026-04-16 0.267 0.889111
2026-04-09 0.258 0.937586
2026-04-02 0.259 0.909080
2026-03-26 0.263 0.903915
2026-03-19 0.274 0.930462
2026-03-12 0.285 0.940178
2026-03-05 0.296 0.961374
2026-02-26 0.315 1.021104
2026-02-19 0.321 1.039604
2026-02-12 0.331 1.069170
2026-02-05 0.330 1.107604
2026-01-29 0.324 1.047784
2026-01-22 0.287 0.874502
2026-01-15 0.350 1.091792
2026-01-08 0.318 1.003845
2026-01-02 0.366 1.153186
2025-12-26 0.629 1.847872
2025-12-18 0.420 1.224931
2025-12-11 0.424 1.309987
2025-12-04 0.935 2.866710
2025-11-28 0.480 1.531091
2025-11-20 0.445 1.515874
2025-11-13 0.480 1.614790
2025-11-06 0.735 2.274580
2025-10-30 0.565 1.778893
2025-10-23 0.825 2.569553
2025-10-16 0.970 3.168036
2025-10-02 4.010 13.006924
2025-09-04 1.965 7.768719
2025-08-07 1.505 6.221321
2025-07-10 1.935 8.295164
2025-06-12 2.015 8.493656
2025-05-15 3.800 15.180357
2025-04-17 3.300 17.464440
2025-03-20 2.320 12.749883
2025-02-20 2.895 11.368910
2025-01-23 3.585 12.649756
2024-12-27 6.430 21.225282
2024-11-29 6.105 22.853081
2024-10-31 2.995 14.741321
2024-10-03 5.475 27.485963
2024-09-06 4.095 22.547260
2024-08-07 4.830 27.606493
2024-07-05 5.020 22.638399
2024-06-06 3.225 17.610652
2024-05-06 3.470 18.956204
2024-04-04 3.420 20.052218
2024-03-06 4.055 23.454665
2024-02-07 4.050 22.670246
2024-01-05 5.570 25.833065
2023-12-07 6.040 28.527717
2023-11-08 5.850 28.034290
2023-10-06 5.770 24.630780
2023-09-08 5.850 25.650340
2023-08-04 8.300 34.180059
2023-07-07 10.660 42.119693
2023-06-07 8.030 37.009607
2023-05-05 4.400 24.816477
2023-04-06 8.290 43.527940
2023-03-08 9.020 48.179840
2023-02-08 9.030 47.697499
2023-01-10 9.990 67.768226
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 98.38

Info Dump

Attribute Value
All Time High 217.63
All Time Low 13.36
Ask 30.9
Ask Size 1,000
Average Daily Volume10 Day 799,840
Average Daily Volume3 Month 798,267
Average Volume 798,267
Average Volume10Days 799,840
Beta3 Year 1.69
Bid 30.76
Bid Size 1,900
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 31.4
Day Low 30.255
Dividend Yield 98.38
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 31.3898
Fifty Day Average Change -0.54979897
Fifty Day Average Change Percent -0.01751521
Fifty Two Week Change Percent -12.510639
Fifty Two Week High 49.65
Fifty Two Week High Change -18.810001
Fifty Two Week High Change Percent -0.37885198
Fifty Two Week Low 27.16
Fifty Two Week Low Change 3.6800003
Fifty Two Week Low Change Percent 0.13549338
Fifty Two Week Range 27.16 - 49.65
First Trade Date Milliseconds 1,669,213,800,000
Full Exchange Name NYSEArca
Fund Family YieldMax ETFs
Fund Inception Date 1,669,075,200
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 will employ its investment strategy as it relates to TSLA regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. In seeking to achieve its investment objective, the fund will implement a “synthetic covered call” strategy using the standardized exchange-traded and FLEX options. It is non-diversified.
Long Name YieldMax TSLA Option Income Strategy ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1799412302
Nav Price 30.9171
Net Assets 862,724,800.0
Net Expense Ratio 1.07
Open 30.55
Post Market Change -0.06480026
Post Market Change Percent -0.21011758
Post Market Price 30.7752
Post Market Time 1,776,470,265
Previous Close 30.03
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.809999
Regular Market Change Percent 2.6973
Regular Market Day High 31.4
Regular Market Day Low 30.255
Regular Market Day Range 30.255 - 31.4
Regular Market Open 30.55
Regular Market Previous Close 30.03
Regular Market Price 30.84
Regular Market Time 1,776,456,000
Regular Market Volume 950,405
Short Name YieldMax TSLA Option Income Str
Source Interval 15
Symbol TSLY
Three Year Average Return 0.1721834
Total Assets 862,724,800
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -9.97254
Trailing Three Month Returns -9.97254
Triggerable 1
Two Hundred Day Average 37.61885
Two Hundred Day Average Change -6.7788506
Two Hundred Day Average Change Percent -0.18019824
Type Disp ETF
Volume 950,405
Yield 0.9838
Ytd Return -9.97254