YieldMax TSM Option Income Strategy ETF (TSMY)Derivative Income | Exchange Traded Fund | NYSEArca
14.67 USD
-0.46
(-3.040%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 14.52 -0.15 (-0.150%) ⇩ (Oct. 14, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 9:23 a.m. EDT
The headline 25.99% yield is a deceptive trap for income seekers. While the distribution frequency is high, the underlying asset has suffered a brutal 21.42% decline over the trailing twelve months, erasing nearly half the value of the dividends paid during that same period. This is a classic value trap where the price collapse has decimated the denominator, inflating the yield metric artificially. The recent price action shows weakness, trading below both the 50-day and 200-day moving averages, confirming a downtrend rather than a bottoming pattern. Options data reinforces this bearish sentiment, with significant open interest in protective puts at lower strikes and virtually no speculative call buying to suggest a rebound. For a long-term investor, the business quality of the underlying semiconductor exposure is currently overshadowed by the structural decline of this specific option strategy, making it a poor candidate for capital preservation despite the tempting payout. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.016943 |
| AutoETS | 0.020593 |
| MSTL | 0.020981 |
| AutoTheta | 0.021971 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 0.94 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.285 |
| Excess Kurtosis | 0.45 |
As of Oct. 10, 2026, 9:23 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated at strikes below the current price (12.0, 13.0, 14.0), while call activity remains sparse and capped at lower strikes. The implied volatility skew is steep, with deep out-of-the-money puts carrying significantly higher IV than calls, indicating a market expectation of downside risk or a 'crush' event for this option income strategy.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.83% | 47.67% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-08 | 0.128 | 0.829553 |
| 2026-10-01 | 0.128 | 0.812183 |
| 2026-09-24 | 0.092 | 0.590501 |
| 2026-09-17 | 0.086 | 0.569160 |
| 2026-09-10 | 0.104 | 0.684211 |
| 2026-09-03 | 0.087 | 0.580387 |
| 2026-08-27 | 0.096 | 0.629508 |
| 2026-08-20 | 0.146 | 0.964970 |
| 2026-08-13 | 0.120 | 0.767263 |
| 2026-08-06 | 0.145 | 0.945858 |
| 2026-07-30 | 0.134 | 0.889184 |
| 2026-07-23 | 0.142 | 0.913771 |
| 2026-07-16 | 0.142 | 0.916129 |
| 2026-07-09 | 0.152 | 0.927395 |
| 2026-07-02 | 0.156 | 0.949483 |
| 2026-06-25 | 0.209 | 1.250000 |
| 2026-06-18 | 0.147 | 0.833333 |
| 2026-06-11 | 0.113 | 0.687348 |
| 2026-06-04 | 0.149 | 0.857801 |
| 2026-05-28 | 0.131 | 0.775607 |
| 2026-05-21 | 0.166 | 1.009118 |
| 2026-05-14 | 0.179 | 1.060364 |
| 2026-05-07 | 0.191 | 1.126844 |
| 2026-04-30 | 0.275 | 1.659626 |
| 2026-04-23 | 0.168 | 1.028781 |
| 2026-04-16 | 0.186 | 1.169076 |
| 2026-04-09 | 0.125 | 0.779788 |
| 2026-04-02 | 0.133 | 0.876730 |
| 2026-03-26 | 0.134 | 0.906018 |
| 2026-03-19 | 0.135 | 0.883508 |
| 2026-03-12 | 0.125 | 0.821288 |
| 2026-03-05 | 0.236 | 1.470405 |
| 2026-02-26 | 0.171 | 0.992455 |
| 2026-02-19 | 0.143 | 0.853731 |
| 2026-02-12 | 0.134 | 0.781341 |
| 2026-02-05 | 0.105 | 0.661209 |
| 2026-01-29 | 0.127 | 0.780578 |
| 2026-01-22 | 0.189 | 1.189427 |
| 2026-01-15 | 0.139 | 0.830843 |
| 2026-01-08 | 0.110 | 0.691824 |
| 2026-01-02 | 0.091 | 0.569462 |
| 2025-12-26 | 0.104 | 0.673575 |
| 2025-12-18 | 0.062 | 0.418071 |
| 2025-12-11 | 0.106 | 0.667086 |
| 2025-12-04 | 0.249 | 1.606452 |
| 2025-11-28 | 0.108 | 0.692752 |
| 2025-11-20 | 0.109 | 0.719472 |
| 2025-11-13 | 0.140 | 0.911458 |
| 2025-11-06 | 0.173 | 1.091483 |
| 2025-10-30 | 0.157 | 0.942943 |
| 2025-10-23 | 0.338 | 2.080000 |
| 2025-10-16 | 0.229 | 1.351032 |
| 2025-10-02 | 1.001 | 6.041038 |
| 2025-09-04 | 0.381 | 2.524851 |
| 2025-08-07 | 0.954 | 6.076433 |
| 2025-07-10 | 0.638 | 3.997494 |
| 2025-06-12 | 0.896 | 5.685279 |
| 2025-05-15 | 0.788 | 5.180802 |
| 2025-04-17 | 0.564 | 4.272727 |
| 2025-03-20 | 0.577 | 3.741894 |
| 2025-02-20 | 0.602 | 3.440000 |
| 2025-01-23 | 0.645 | 3.241206 |
| 2024-12-27 | 0.807 | 4.166236 |
| 2024-11-29 | 0.538 | 2.863225 |
| 2024-10-31 | 0.890 | 4.501770 |
| 2024-10-03 | 0.371 | 1.885450 |
| Attribute | Value |
|---|---|
| All Time High | 22.31 |
| All Time Low | 12.1 |
| Ask | 14.64 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 170,010 |
| Average Daily Volume3 Month | 142,030 |
| Average Volume | 142,030 |
| Average Volume10Days | 170,010 |
| Beta3 Year | 0.0 |
| Bid | 14.5 |
| Bid Size | 1,000 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.98 |
| Day Low | 14.6 |
| Display Name | TSM Option Income Strategy ETF |
| Dividend Yield | 25.99 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.3708 |
| Fifty Day Average Change | -0.70079994 |
| Fifty Day Average Change Percent | -0.045592938 |
| Fifty Two Week Change Percent | -15.202313 |
| Fifty Two Week High | 18.02 |
| Fifty Two Week High Change | -3.3500004 |
| Fifty Two Week High Change Percent | -0.18590456 |
| Fifty Two Week Low | 14.18 |
| Fifty Two Week Low Change | 0.48999977 |
| Fifty Two Week Low Change Percent | 0.034555696 |
| Fifty Two Week Range | 14.18 - 18.02 |
| First Trade Date Milliseconds | 1,724,247,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.03999996 |
| Fullday Change Percent | 0.26437515 |
| Fullday Price | 14.67 |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,724,112,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal circumstances, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in securities and financial instruments that provide indirect exposure to TSM. The fund is non-diversified. |
| Long Name | YieldMax TSM Option Income Strategy ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1884571942 |
| Nav Price | 15.0887 |
| Net Assets | 111,951,264.0 |
| Net Expense Ratio | 1.01 |
| Open | 14.98 |
| Post Market Change | -0.14999962 |
| Post Market Change Percent | -1.0224923 |
| Post Market Price | 14.52 |
| Post Market Time | 1,792,022,368 |
| Previous Close | 15.13 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.46 |
| Regular Market Change Percent | -3.04032 |
| Regular Market Day High | 14.98 |
| Regular Market Day Low | 14.6 |
| Regular Market Day Range | 14.6 - 14.98 |
| Regular Market Open | 14.98 |
| Regular Market Previous Close | 15.13 |
| Regular Market Price | 14.67 |
| Regular Market Time | 1,792,008,000 |
| Regular Market Volume | 217,753 |
| Short Name | YieldMax TSM Option Income Stra |
| Source Interval | 15 |
| Symbol | TSMY |
| Total Assets | 111,951,264 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -2.54935 |
| Trailing Three Month Returns | -2.54935 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.040255 |
| Two Hundred Day Average Change | -1.3702545 |
| Two Hundred Day Average Change Percent | -0.08542598 |
| Type Disp | ETF |
| Volume | 217,753 |
| Yield | 0.2599 |
| Ytd Return | 43.53317 |