YieldMax TSLA Option Income Strategy ETF (TSLY)Derivative Income | Exchange Traded Fund | NYSEArca
21.84 USD
-0.31
(-1.400%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 21.85 +0.01 (0.046%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:22 a.m. EDT
This is a classic 'yield trap' designed to extract capital from investors who misunderstand option income strategies. While the headline yield is astronomical, it is entirely funded by the erosion of the share price itself. Over the last two years, the fund has lost roughly 72% of its value, and the recent price action shows no sign of recovery, trading well below its moving averages. The options chain confirms a collective fear of further collapse, with massive put buying at strikes far below the current price. Buying this now is akin to betting that the house will stop collecting rent on a building that is actively burning down; the monthly payments look great until the structure collapses. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.112274 |
| AutoARIMA | 0.129163 |
| AutoETS | 0.129296 |
| MSTL | 0.130836 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 8.80 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.084 |
| Excess Kurtosis | -1.42 |
As of Aug. 22, 2026, 4:22 a.m. EDT: Speculators are aggressively positioning for a severe crash. Deep out-of-the-money put walls exist at strikes significantly below current prices (e.g., 8.0, 12.0, 20.0), while call interest is concentrated at very low strikes or is negligible. Implied volatility for deep puts is massively inflated compared to calls, indicating a market pricing in a scenario where the asset could lose 60-80% of its value. The skew suggests a 'naked' short gamma environment where any rally faces immediate selling pressure.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.97% | 66.98% | 70.91% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-27 | 0.214 | 0.966140 |
| 2026-08-20 | 0.203 | 0.920218 |
| 2026-08-13 | 0.179 | 0.814006 |
| 2026-08-06 | 0.230 | 1.078293 |
| 2026-07-30 | 0.215 | 1.026743 |
| 2026-07-23 | 0.239 | 1.103416 |
| 2026-07-16 | 0.259 | 0.983669 |
| 2026-07-09 | 0.278 | 1.013489 |
| 2026-07-02 | 0.281 | 1.047335 |
| 2026-06-25 | 0.267 | 1.020642 |
| 2026-06-18 | 0.279 | 1.001795 |
| 2026-06-11 | 0.268 | 0.964376 |
| 2026-06-04 | 0.351 | 1.198361 |
| 2026-05-28 | 0.388 | 1.256070 |
| 2026-05-21 | 0.286 | 0.955563 |
| 2026-05-14 | 0.517 | 1.631429 |
| 2026-05-07 | 0.338 | 1.111111 |
| 2026-04-30 | 0.300 | 1.022844 |
| 2026-04-23 | 0.296 | 1.022806 |
| 2026-04-16 | 0.267 | 0.889111 |
| 2026-04-09 | 0.258 | 0.929395 |
| 2026-04-02 | 0.259 | 0.892796 |
| 2026-03-26 | 0.263 | 0.880187 |
| 2026-03-19 | 0.274 | 0.898361 |
| 2026-03-12 | 0.285 | 0.899905 |
| 2026-03-05 | 0.296 | 0.912173 |
| 2026-02-26 | 0.315 | 0.960073 |
| 2026-02-19 | 0.321 | 0.968326 |
| 2026-02-12 | 0.331 | 0.986293 |
| 2026-02-05 | 0.330 | 1.011960 |
| 2026-01-29 | 0.324 | 0.947923 |
| 2026-01-22 | 0.287 | 0.783939 |
| 2026-01-15 | 0.350 | 0.970874 |
| 2026-01-08 | 0.318 | 0.884070 |
| 2026-01-02 | 0.366 | 1.006601 |
| 2025-12-26 | 0.629 | 1.597257 |
| 2025-12-18 | 0.420 | 1.042442 |
| 2025-12-11 | 0.424 | 1.103018 |
| 2025-12-04 | 0.935 | 2.387640 |
| 2025-11-28 | 0.480 | 1.245136 |
| 2025-11-20 | 0.445 | 1.217510 |
| 2025-11-13 | 0.480 | 1.281709 |
| 2025-11-06 | 0.735 | 1.783981 |
| 2025-10-30 | 0.565 | 1.371359 |
| 2025-10-23 | 0.825 | 1.954976 |
| 2025-10-16 | 0.970 | 2.362972 |
| 2025-10-02 | 4.010 | 9.479906 |
| 2025-09-04 | 1.965 | 5.191546 |
| 2025-08-07 | 1.505 | 3.950131 |
| 2025-07-10 | 1.935 | 5.065445 |
| 2025-06-12 | 2.015 | 4.926650 |
| 2025-05-15 | 3.800 | 8.397790 |
| 2025-04-17 | 3.300 | 8.918919 |
| 2025-03-20 | 2.320 | 5.979382 |
| 2025-02-20 | 2.895 | 5.030408 |
| 2025-01-23 | 3.585 | 5.330855 |
| 2024-12-27 | 6.430 | 8.494056 |
| 2024-11-29 | 6.105 | 8.455679 |
| 2024-10-31 | 2.995 | 5.016750 |
| 2024-10-03 | 5.475 | 8.916938 |
| 2024-09-06 | 4.095 | 6.729663 |
| 2024-08-07 | 4.830 | 7.759036 |
| 2024-07-05 | 5.020 | 5.926801 |
| 2024-06-06 | 3.225 | 4.349292 |
| 2024-05-06 | 3.470 | 4.483204 |
| 2024-04-04 | 3.420 | 4.535809 |
| 2024-03-06 | 4.055 | 5.071920 |
| 2024-02-07 | 4.050 | 4.671280 |
| 2024-01-05 | 5.570 | 5.082117 |
| 2023-12-07 | 6.040 | 5.340407 |
| 2023-11-08 | 5.850 | 4.978723 |
| 2023-10-06 | 5.770 | 4.166065 |
| 2023-09-08 | 5.850 | 4.163701 |
| 2023-08-04 | 8.300 | 5.327343 |
| 2023-07-07 | 10.660 | 6.237566 |
| 2023-06-07 | 8.030 | 5.160668 |
| 2023-05-05 | 4.400 | 3.288490 |
| 2023-04-06 | 8.290 | 5.578735 |
| 2023-03-08 | 9.020 | 5.849925 |
| 2023-02-08 | 9.030 | 5.477375 |
| 2023-01-10 | 9.990 | 7.368887 |
| Attribute | Value |
|---|---|
| All Time High | 217.63 |
| All Time Low | 13.36 |
| Ask | 21.83 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 546,700 |
| Average Daily Volume3 Month | 524,996 |
| Average Volume | 524,996 |
| Average Volume10Days | 546,700 |
| Beta3 Year | 1.49 |
| Bid | 21.56 |
| Bid Size | 100 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 22.34 |
| Day Low | 21.6499 |
| Dividend Yield | 48.37 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.236 |
| Fifty Day Average Change | -2.396 |
| Fifty Day Average Change Percent | -0.098861195 |
| Fifty Two Week Change Percent | -42.91237 |
| Fifty Two Week High | 48.45 |
| Fifty Two Week High Change | -26.61 |
| Fifty Two Week High Change Percent | -0.549226 |
| Fifty Two Week Low | 20.405 |
| Fifty Two Week Low Change | 1.4349995 |
| Fifty Two Week Low Change Percent | 0.070325874 |
| Fifty Two Week Range | 20.405 - 48.45 |
| First Trade Date Milliseconds | 1,669,213,800,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.309999 |
| Fullday Change Percent | -1.39955 |
| Fullday Price | 21.85 |
| 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 | 22.1567 |
| Net Assets | 642,018,690.0 |
| Net Expense Ratio | 1.07 |
| Open | 22.29 |
| Post Market Change | 0.010000229 |
| Post Market Change Percent | 0.045788594 |
| Post Market Price | 21.85 |
| Post Market Time | 1,787,961,480 |
| Previous Close | 22.15 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.309999 |
| Regular Market Change Percent | -1.39955 |
| Regular Market Day High | 22.34 |
| Regular Market Day Low | 21.6499 |
| Regular Market Day Range | 21.6499 - 22.34 |
| Regular Market Open | 22.29 |
| Regular Market Previous Close | 22.15 |
| Regular Market Price | 21.84 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 384,472 |
| Short Name | YieldMax TSLA Option Income Str |
| Source Interval | 15 |
| Symbol | TSLY |
| Three Year Average Return | 0.0714166 |
| Total Assets | 642,018,688 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -17.11215 |
| Trailing Three Month Returns | -17.11215 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.1438 |
| Two Hundred Day Average Change | -9.303801 |
| Two Hundred Day Average Change Percent | -0.29873684 |
| Type Disp | ETF |
| Volume | 384,472 |
| Yield | 0.48369998 |
| Ytd Return | -23.47791 |