YieldMax TSLA Option Income Strategy ETF (TSLY)Derivative Income | Exchange Traded Fund | NYSEArca
26.73 USD
-0.69
(-2.516%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 26.80 +0.07 (0.271%) ⇧ (July 13, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:01 a.m. EDT
The 33% yield is a dangerous mirage masking a collapsing principal. While the recent price action shows a slight bounce off the lows, the underlying reality is stark: the fund has lost 77% of its value over just two years, with two consecutive years of double-digit declines. This is not a value opportunity; it is a value trap where the business model of selling TSLA options has failed spectacularly, leaving the ETF with a massive liability wall. The options market confirms this dread, with traders piling into deep puts expecting further carnage rather than recovery. Buying here is akin to catching a falling knife that has already sliced through the handle. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.045299 |
| AutoETS | 0.045394 |
| AutoARIMA | 0.045394 |
| MSTL | 0.045767 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 0.21 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.623 |
| Excess Kurtosis | -0.71 |
As of July 11, 2026, 6:01 a.m. EDT: Speculators are aggressively positioning for a severe crash, evidenced by massive open interest walls in deep out-of-the-money puts (strikes 8, 12, 20) expiring in 2027 and 2028. Call activity is negligible compared to put volume, with significant IV spikes at low strikes indicating fear of a multi-bagger drop. The skew is overwhelmingly bearish, suggesting a 'buy the dip' strategy where investors expect the price to fall far below current levels.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.01% | 64.04% | 70.39% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 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 | 27.0 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 506,650 |
| Average Daily Volume3 Month | 664,721 |
| Average Volume | 664,721 |
| Average Volume10Days | 506,650 |
| Beta3 Year | 1.43 |
| Bid | 26.55 |
| Bid Size | 600 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 27.29 |
| Day Low | 26.565 |
| Dividend Yield | 33.05 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.0576 |
| Fifty Day Average Change | -2.3276005 |
| Fifty Day Average Change Percent | -0.08010299 |
| Fifty Two Week Change Percent | -29.602057 |
| Fifty Two Week High | 48.45 |
| Fifty Two Week High Change | -21.720001 |
| Fifty Two Week High Change Percent | -0.44829723 |
| Fifty Two Week Low | 25.76 |
| Fifty Two Week Low Change | 0.9699993 |
| Fifty Two Week Low Change Percent | 0.037655253 |
| Fifty Two Week Range | 25.76 - 48.45 |
| 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 | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1799412302 |
| Nav Price | 27.4105 |
| Net Assets | 819,221,890.0 |
| Net Expense Ratio | 1.07 |
| Open | 27.255 |
| Post Market Change | 0.07250023 |
| Post Market Change Percent | 0.27123168 |
| Post Market Price | 26.8025 |
| Post Market Time | 1,783,986,913 |
| Previous Close | 27.42 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.690001 |
| Regular Market Change Percent | -2.51641 |
| Regular Market Day High | 27.29 |
| Regular Market Day Low | 26.565 |
| Regular Market Day Range | 26.565 - 27.29 |
| Regular Market Open | 27.255 |
| Regular Market Previous Close | 27.42 |
| Regular Market Price | 26.73 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 419,425 |
| Short Name | YieldMax TSLA Option Income Str |
| Source Interval | 15 |
| Symbol | TSLY |
| Three Year Average Return | 0.0789773 |
| Total Assets | 819,221,888 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 9.49597 |
| Trailing Three Month Returns | 9.49597 |
| Triggerable | 1 |
| Two Hundred Day Average | 34.5956 |
| Two Hundred Day Average Change | -7.8656006 |
| Two Hundred Day Average Change Percent | -0.22735842 |
| Type Disp | ETF |
| Volume | 419,425 |
| Yield | 0.3305 |
| Ytd Return | -1.42356 |