YieldMax Ultra Option Income Strategy ETF (ULTY)Derivative Income | Exchange Traded Fund | NYSEArca
26.32 USD
-0.48
(-1.791%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 26.42 +0.10 (0.380%) ⇧ (Aug. 28, 2026, 7:50 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:49 a.m. EDT
The headline yield of 41% is a mathematical illusion born entirely of capital destruction. The fund has lost nearly half its value in just one year, and the recent price action shows no sign of stabilization, hovering near multi-year lows. The distribution history reveals a dangerous pattern: the fund is paying out massive checks (often exceeding $1 per share) while the underlying asset value evaporates, effectively returning principal to shareholders rather than generating income. This is not a high-yield investment; it is a slow-motion liquidation event disguised as a dividend aristocrat. The options market confirms this grim outlook, with heavy betting on a further plunge to single-digit prices. Investors chasing this yield are likely to see their remaining capital wiped out before the first meaningful distribution arrives. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.054716 |
| MSTL | 0.059109 |
| AutoARIMA | 0.061484 |
| AutoETS | 0.064348 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 58% |
| H-stat | 4.96 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.936 |
| Excess Kurtosis | -0.11 |
| Attribute | Value |
|---|---|
| Trailing P/E | 33.73 |
As of Aug. 22, 2026, 3:49 a.m. EDT: Speculators are aggressively positioning for a catastrophic collapse, evidenced by massive open interest walls in deep out-of-the-money puts (strikes $4-$6) with inflated implied volatility compared to the money market. Conversely, call activity is negligible and concentrated in very low strikes, indicating zero speculative demand for upside recovery. The skew suggests a 'gamma squeeze' fear where traders are buying cheap insurance against a drop to pennies while ignoring the cost of holding the asset.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.16% | 73.19% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-26 | 0.308 | 1.162264 |
| 2026-08-19 | 0.320 | 1.207547 |
| 2026-08-12 | 0.318 | 1.170409 |
| 2026-08-05 | 0.308 | 1.150542 |
| 2026-07-29 | 0.310 | 1.221916 |
| 2026-07-22 | 0.318 | 1.165689 |
| 2026-07-15 | 0.330 | 1.170628 |
| 2026-07-08 | 0.338 | 1.200284 |
| 2026-07-01 | 0.341 | 1.178300 |
| 2026-06-24 | 0.382 | 1.310913 |
| 2026-06-17 | 0.390 | 1.302170 |
| 2026-06-10 | 0.349 | 1.209286 |
| 2026-06-03 | 0.396 | 1.271676 |
| 2026-05-27 | 0.395 | 1.264809 |
| 2026-05-20 | 0.395 | 1.284971 |
| 2026-05-13 | 0.405 | 1.268797 |
| 2026-05-06 | 0.400 | 1.252348 |
| 2026-04-29 | 0.403 | 1.312276 |
| 2026-04-22 | 0.437 | 1.360523 |
| 2026-04-15 | 0.397 | 1.261118 |
| 2026-04-08 | 0.420 | 1.359223 |
| 2026-04-01 | 0.372 | 1.220072 |
| 2026-03-25 | 0.432 | 1.364067 |
| 2026-03-18 | 0.407 | 1.274663 |
| 2026-03-11 | 0.416 | 1.274900 |
| 2026-03-04 | 0.480 | 1.416347 |
| 2026-02-25 | 0.475 | 1.332772 |
| 2026-02-18 | 0.436 | 1.267074 |
| 2026-02-11 | 0.451 | 1.293746 |
| 2026-02-04 | 0.454 | 1.313277 |
| 2026-01-28 | 0.502 | 1.351279 |
| 2026-01-21 | 0.505 | 1.369306 |
| 2026-01-14 | 0.519 | 1.381789 |
| 2026-01-07 | 0.471 | 1.245702 |
| 2025-12-31 | 0.487 | 1.304581 |
| 2025-12-24 | 0.571 | 1.470891 |
| 2025-12-17 | 0.492 | 1.321870 |
| 2025-12-10 | 0.546 | 1.361257 |
| 2025-12-03 | 0.588 | 1.475163 |
| 2025-11-26 | 0.590 | 1.475000 |
| 2025-11-19 | 0.640 | 1.592040 |
| 2025-11-12 | 0.630 | 1.438356 |
| 2025-11-05 | 0.790 | 1.680851 |
| 2025-10-29 | 0.850 | 1.713710 |
| 2025-10-22 | 0.900 | 1.825558 |
| 2025-10-15 | 0.910 | 1.704120 |
| 2025-10-09 | 0.900 | 1.648352 |
| 2025-10-02 | 0.910 | 1.663620 |
| 2025-09-25 | 0.920 | 1.691176 |
| 2025-09-18 | 0.930 | 1.654804 |
| 2025-09-11 | 0.930 | 1.687840 |
| 2025-09-04 | 0.900 | 1.642336 |
| 2025-08-28 | 0.950 | 1.652174 |
| 2025-08-21 | 1.000 | 1.785714 |
| 2025-08-14 | 1.010 | 1.697479 |
| 2025-08-07 | 1.000 | 1.655629 |
| 2025-07-31 | 1.010 | 1.644951 |
| 2025-07-24 | 1.030 | 1.645367 |
| 2025-07-17 | 1.040 | 1.625000 |
| 2025-07-10 | 0.960 | 1.540931 |
| 2025-07-03 | 0.950 | 1.512739 |
| 2025-06-26 | 0.920 | 1.467305 |
| 2025-06-20 | 0.880 | 1.419355 |
| 2025-06-12 | 0.950 | 1.534733 |
| 2025-06-05 | 0.950 | 1.572848 |
| 2025-05-29 | 0.950 | 1.549755 |
| 2025-05-22 | 0.980 | 1.606557 |
| 2025-05-15 | 1.060 | 1.726384 |
| 2025-05-08 | 1.180 | 1.960133 |
| 2025-05-01 | 0.940 | 1.604096 |
| 2025-04-24 | 0.840 | 1.445783 |
| 2025-04-17 | 0.850 | 1.509769 |
| 2025-04-10 | 0.820 | 1.472172 |
| 2025-04-03 | 0.920 | 1.597222 |
| 2025-03-27 | 0.990 | 1.563981 |
| 2025-03-20 | 0.980 | 1.500766 |
| 2025-03-13 | 1.030 | 1.650641 |
| 2025-03-06 | 4.650 | 6.848306 |
| 2025-02-06 | 5.370 | 6.572828 |
| 2025-01-08 | 5.720 | 6.721504 |
| 2024-12-12 | 7.090 | 7.591006 |
| 2024-11-14 | 8.310 | 8.558188 |
| 2024-10-17 | 8.270 | 8.395939 |
| 2024-09-19 | 9.830 | 9.379771 |
| 2024-08-15 | 7.800 | 7.103825 |
| 2024-07-17 | 9.950 | 7.713178 |
| 2024-06-14 | 11.340 | 8.271334 |
| 2024-05-15 | 12.780 | 8.606061 |
| 2024-04-17 | 14.170 | 9.452969 |
| 2024-03-14 | 10.650 | 5.966387 |
| Attribute | Value |
|---|---|
| All Time High | 205.5 |
| All Time Low | 11.19 |
| Ask | 26.41 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 414,180 |
| Average Daily Volume3 Month | 501,254 |
| Average Volume | 501,254 |
| Average Volume10Days | 414,180 |
| Beta3 Year | 0.0 |
| Bid | 26.4 |
| Bid Size | 700 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.855 |
| Day Low | 26.32 |
| Dividend Yield | 41.24 |
| Eps Trailing Twelve Months | 0.78020006 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.693 |
| Fifty Day Average Change | -1.3730011 |
| Fifty Day Average Change Percent | -0.049579356 |
| Fifty Two Week Change Percent | -52.397873 |
| Fifty Two Week High | 56.9 |
| Fifty Two Week High Change | -30.580002 |
| Fifty Two Week High Change Percent | -0.5374341 |
| Fifty Two Week Low | 25.31 |
| Fifty Two Week Low Change | 1.0100002 |
| Fifty Two Week Low Change Percent | 0.039905187 |
| Fifty Two Week Range | 25.31 - 56.9 |
| First Trade Date Milliseconds | 1,709,217,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.48 |
| Fullday Change Percent | -1.79104 |
| Fullday Price | 26.42 |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,709,078,400 |
| 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 is an actively managed exchange-traded fund that seeks current income while providing direct and/or indirect exposure to the share price of select U.S. listed securities, subject to a limit on potential investment gains. It uses both traditional and synthetic covered call strategies that are designed to produce higher income levels when the underlying securities experience more volatility. The fund is non-diversified. |
| Long Name | YieldMax Ultra Option Income Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1869805004 |
| Nav Price | 26.4997 |
| Net Assets | 741,029,120.0 |
| Net Expense Ratio | 1.3 |
| Open | 26.72 |
| Post Market Change | 0.10000038 |
| Post Market Change Percent | 0.37994066 |
| Post Market Price | 26.42 |
| Post Market Time | 1,787,961,010 |
| Previous Close | 26.8 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.48 |
| Regular Market Change Percent | -1.79104 |
| Regular Market Day High | 26.855 |
| Regular Market Day Low | 26.32 |
| Regular Market Day Range | 26.32 - 26.855 |
| Regular Market Open | 26.72 |
| Regular Market Previous Close | 26.8 |
| Regular Market Price | 26.32 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 527,651 |
| Short Name | YieldMax Ultra Option Income St |
| Source Interval | 15 |
| Symbol | ULTY |
| Total Assets | 741,029,120 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 33.734936 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -2.237 |
| Trailing Three Month Returns | -2.237 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.02805 |
| Two Hundred Day Average Change | -6.70805 |
| Two Hundred Day Average Change Percent | -0.2031016 |
| Type Disp | ETF |
| Volume | 527,651 |
| Yield | 0.4124 |
| Ytd Return | 2.38707 |