Defiance Oil Enhanced Options Income ETF (USOY)Equity Hedged | Exchange Traded Fund | NasdaqGM
7.86 USD
-0.65
(-7.638%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 7.87 +0.01 (0.127%) ⇧ (April 17, 2026, 7:56 p.m. EDT) Short-term: ☆☆☆☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★☆ |
Hot Take | April 18, 2026, 10:23 p.m. EDT
A defensive bearish storm brews at the weekly/monthly horizon. With $166k OI weighted at $7 and $1,660k OI at $3 in put territory, speculators are betting hard on a market collapse, aiming to dump USOY holdings that have recently stagnated around $8. The 'Income Juggernaut' narrative is likely a trap; while the 63% yield sounds attractive, recent price action (down 10% in two weeks despite massive payouts) suggests the market is pricing in NAV erosion or a severe underlying asset crisis. This is a high-risk sell or hedge opportunity, not a buy. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.217571 |
| AutoTheta | 0.217979 |
| AutoARIMA | 0.218172 |
| AutoETS | 0.218174 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 38.21 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.110 |
| Excess Kurtosis | -1.41 |
As of April 18, 2026, 10:23 p.m. EDT: Market sentiment is heavily skewed toward downside protection in the near term. The April 17 expiration sees dominant Open Interest (OI) in puts at the $7.00 strike, suggesting traders are positioning for a significant drop to close the range high. While expiration day IV is low, the data indicates a speculative 'perp' call at the $9.00 strike (highest OI), implying some bullish sentiment hoping the price ticks up to the monthly close. However, weekly volume flow shows explosive activity in puts at the $3.00 and $7.00 strikes over monthly horizons, indicating deep skepticism about oil prices bouncing back. Implied volatility disparities (high on OTM puts vs. very low on ATM calls) suggest fear of a crash outweighs expectations of rallying.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.95% | 91.07% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.081 | 0.951821 |
| 2026-04-09 | 0.089 | 1.059735 |
| 2026-04-02 | 0.097 | 1.067769 |
| 2026-03-26 | 0.091 | 1.070140 |
| 2026-03-19 | 0.091 | 1.110686 |
| 2026-03-12 | 0.110 | 1.412968 |
| 2026-03-05 | 0.074 | 1.044040 |
| 2026-02-26 | 0.071 | 1.088678 |
| 2026-02-19 | 0.068 | 1.057728 |
| 2026-02-12 | 0.070 | 1.134374 |
| 2026-02-05 | 0.068 | 1.117135 |
| 2026-01-29 | 0.067 | 1.098670 |
| 2026-01-22 | 0.066 | 1.148340 |
| 2026-01-15 | 0.066 | 1.176072 |
| 2026-01-08 | 0.052 | 0.927225 |
| 2025-12-31 | 0.053 | 0.949836 |
| 2025-12-24 | 0.053 | 0.943017 |
| 2025-12-18 | 0.066 | 1.209414 |
| 2025-12-11 | 0.071 | 1.272961 |
| 2025-12-04 | 0.058 | 1.014297 |
| 2025-11-26 | 0.071 | 1.268639 |
| 2025-11-20 | 0.095 | 1.702896 |
| 2025-11-13 | 0.072 | 1.296106 |
| 2025-11-06 | 0.072 | 1.291002 |
| 2025-10-30 | 0.086 | 1.541253 |
| 2025-10-23 | 0.086 | 1.533018 |
| 2025-10-16 | 0.085 | 1.577022 |
| 2025-10-09 | 0.090 | 1.583974 |
| 2025-10-02 | 0.098 | 1.747523 |
| 2025-09-25 | 0.096 | 1.599431 |
| 2025-09-18 | 0.098 | 1.656338 |
| 2025-09-11 | 0.102 | 1.751248 |
| 2025-09-04 | 0.069 | 1.170366 |
| 2025-08-28 | 0.093 | 1.560333 |
| 2025-08-21 | 0.110 | 1.874856 |
| 2025-08-14 | 0.141 | 2.420476 |
| 2025-08-07 | 0.134 | 2.342118 |
| 2025-07-31 | 0.136 | 2.239403 |
| 2025-07-24 | 0.099 | 1.667331 |
| 2025-07-17 | 0.160 | 2.685683 |
| 2025-07-10 | 0.184 | 3.125777 |
| 2025-07-03 | 0.140 | 2.391477 |
| 2025-06-26 | 0.200 | 3.490191 |
| 2025-06-18 | 0.146 | 2.384247 |
| 2025-06-02 | 0.770 | 13.432984 |
| 2025-05-01 | 0.539 | 9.883227 |
| 2025-04-01 | 0.805 | 12.960056 |
| 2025-03-03 | 0.706 | 11.714089 |
| 2025-02-03 | 1.007 | 16.129406 |
| 2024-12-31 | 0.790 | 13.044728 |
| 2024-12-02 | 0.870 | 15.265534 |
| 2024-11-01 | 0.783 | 14.204236 |
| 2024-10-01 | 0.611 | 11.371754 |
| 2024-09-03 | 1.056 | 19.975240 |
| 2024-07-31 | 0.770 | 13.511698 |
| 2024-07-01 | 1.237 | 20.925006 |
| 2024-06-03 | 0.716 | 13.133024 |
| Attribute | Value |
|---|---|
| All Time High | 20.47 |
| All Time Low | 6.39 |
| Ask | 9.67 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 993,670 |
| Average Daily Volume3 Month | 641,824 |
| Average Volume | 641,824 |
| Average Volume10Days | 993,670 |
| Beta3 Year | 0.0 |
| Bid | 5.66 |
| Bid Size | 2 |
| Category | Equity Hedged |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.95 |
| Day Low | 7.516 |
| Dividend Yield | 63.83 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.95 |
| Fifty Day Average Change | -0.089999676 |
| Fifty Day Average Change Percent | -0.011320714 |
| Fifty Two Week Change Percent | -27.0195 |
| Fifty Two Week High | 10.93 |
| Fifty Two Week High Change | -3.0700002 |
| Fifty Two Week High Change Percent | -0.28087834 |
| Fifty Two Week Low | 6.39 |
| Fifty Two Week Low Change | 1.4700003 |
| Fifty Two Week Low Change Percent | 0.23004699 |
| Fifty Two Week Range | 6.39 - 10.93 |
| First Trade Date Milliseconds | 1,715,347,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,715,212,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-05-10 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF that seeks current income while maintaining the opportunity for indirect exposure to the share price of United States Oil Fund, LP, subject to a limit on potential gains related to increases in the price of USO’s shares. The fund is non-diversified. |
| Long Name | Defiance Oil Enhanced Options Income ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1873582012 |
| Nav Price | 8.5495 |
| Net Assets | 81,565,696.0 |
| Net Expense Ratio | 1.12 |
| Open | 7.95 |
| Post Market Change | 0.009999752 |
| Post Market Change Percent | 0.12722331 |
| Post Market Price | 7.87 |
| Post Market Time | 1,776,470,168 |
| Previous Close | 8.51 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.65 |
| Regular Market Change Percent | -7.63807 |
| Regular Market Day High | 7.95 |
| Regular Market Day Low | 7.516 |
| Regular Market Day Range | 7.516 - 7.95 |
| Regular Market Open | 7.95 |
| Regular Market Previous Close | 8.51 |
| Regular Market Price | 7.86 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 1,221,644 |
| Short Name | Defiance Oil Enhanced Options I |
| Source Interval | 15 |
| Symbol | USOY |
| Total Assets | 81,565,696 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 59.59366 |
| Trailing Three Month Returns | 59.59366 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.710335 |
| Two Hundred Day Average Change | 0.14966536 |
| Two Hundred Day Average Change Percent | 0.019411007 |
| Type Disp | ETF |
| Volume | 1,221,644 |
| Yield | 0.6383 |
| Ytd Return | 59.59366 |