YieldMax MSTR Short Option Income Strategy ETF (WNTR)Derivative Income | Exchange Traded Fund | NYSEArca
24.77 USD
-3.03
(-10.899%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 24.79 +0.02 (0.071%) ⇧ (April 17, 2026, 7:41 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:14 a.m. EDT
High-yield trap with secular decay; selling puts for a premium is the only viable annual play, not investing. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.058506 |
| AutoTheta | 0.061342 |
| MSTL | 0.080546 |
| AutoETS | 0.080905 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 61% |
| H-stat | 0.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.013 |
| Excess Kurtosis | 1.99 |
As of April 19, 2026, 12:14 a.m. EDT: Options activity shows a distinct bullish hedge: heavy In-The-Money (ITM) OI on June puts ($11.50 premium indicates strikes above current price roughly $32, or potentially strikes above $37 which are OTM but high premium if created entirely new), combined with low put volume. The $11.50 cost for a June 37 strike implies the market expects the price to stay below that, yet the $8.90 OTM put flow suggests a floor near $37 is being set. Conversely, call positioning is extremely thin (0 volume in the near term May expiration), indicating a lack of aggressive upside speculation. The high IV on puts (1.31-1.41) versus calls (0.6-1.0) confirms a market sentiment of limiting downside risk rather than chasing upside.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.415 | 1.492806 |
| 2026-04-09 | 0.530 | 1.664352 |
| 2026-04-02 | 0.510 | 1.502094 |
| 2026-03-26 | 0.492 | 1.544160 |
| 2026-03-19 | 0.486 | 1.584692 |
| 2026-03-12 | 0.547 | 1.777670 |
| 2026-03-05 | 0.575 | 1.909509 |
| 2026-02-26 | 0.727 | 2.308414 |
| 2026-02-19 | 0.732 | 2.263081 |
| 2026-02-12 | 0.454 | 1.366317 |
| 2026-02-05 | 0.492 | 1.297087 |
| 2026-01-29 | 0.439 | 1.409566 |
| 2026-01-22 | 0.445 | 1.543363 |
| 2026-01-15 | 0.577 | 2.070945 |
| 2026-01-08 | 0.528 | 1.831655 |
| 2026-01-02 | 0.681 | 2.244311 |
| 2025-12-26 | 0.754 | 2.511220 |
| 2025-12-18 | 0.631 | 2.131741 |
| 2025-12-11 | 0.397 | 1.477561 |
| 2025-12-04 | 0.644 | 2.469355 |
| 2025-11-28 | 0.926 | 3.421956 |
| 2025-11-20 | 0.849 | 3.176840 |
| 2025-11-13 | 0.820 | 3.342663 |
| 2025-11-06 | 0.735 | 3.258736 |
| 2025-10-30 | 0.597 | 2.806361 |
| 2025-10-23 | 0.610 | 3.046869 |
| 2025-10-16 | 1.468 | 7.427847 |
| 2025-09-25 | 3.295 | 16.981216 |
| 2025-08-28 | 2.198 | 12.385504 |
| 2025-07-31 | 1.655 | 10.383584 |
| 2025-07-03 | 1.855 | 11.320267 |
| 2025-06-05 | 3.073 | 17.894357 |
| 2025-05-08 | 2.719 | 17.307777 |
| Attribute | Value |
|---|---|
| All Time High | 60.64 |
| All Time Low | 23.51 |
| Ask | 25.6 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 239,930 |
| Average Daily Volume3 Month | 234,856 |
| Average Volume | 234,856 |
| Average Volume10Days | 239,930 |
| Beta3 Year | 0.0 |
| Bid | 24.69 |
| Bid Size | 7,200 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.905 |
| Day Low | 23.51 |
| Display Name | Houston Nat Res |
| Dividend Yield | 88.33 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 34.1406 |
| Fifty Day Average Change | -9.370598 |
| Fifty Day Average Change Percent | -0.2744708 |
| Fifty Two Week Change Percent | -51.373207 |
| Fifty Two Week High | 51.294 |
| Fifty Two Week High Change | -26.523998 |
| Fifty Two Week High Change Percent | -0.5170975 |
| Fifty Two Week Low | 23.51 |
| Fifty Two Week Low Change | 1.2600002 |
| Fifty Two Week Low Change Percent | 0.053594224 |
| Fifty Two Week Range | 23.51 - 51.294 |
| First Trade Date Milliseconds | 1,743,082,200,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,742,947,200 |
| 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 is an actively managed exchange-traded fund (“ETF”) that seeks current income while providing indirect inverse exposure to the share price (i.e., the price returns) of the common stock of MicroStrategy Incorporated (“MSTR”). The fund is non-diversified. |
| Long Name | YieldMax MSTR Short Option Income Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1916040464 |
| Nav Price | 24.5865 |
| Net Assets | 93,780,528.0 |
| Net Expense Ratio | 1.0 |
| Open | 26.67 |
| Post Market Change | 0.017700195 |
| Post Market Change Percent | 0.0714582 |
| Post Market Price | 24.7877 |
| Post Market Time | 1,776,469,312 |
| Previous Close | 27.8 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -3.03 |
| Regular Market Change Percent | -10.8993 |
| Regular Market Day High | 26.905 |
| Regular Market Day Low | 23.51 |
| Regular Market Day Range | 23.51 - 26.905 |
| Regular Market Open | 26.67 |
| Regular Market Previous Close | 27.8 |
| Regular Market Price | 24.77 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 618,521 |
| Short Name | YieldMax MSTR Short Option Inco |
| Source Interval | 15 |
| Symbol | WNTR |
| Total Assets | 93,780,528 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 5.88235 |
| Trailing Three Month Returns | 5.88235 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.867916 |
| Two Hundred Day Average Change | -9.097916 |
| Two Hundred Day Average Change Percent | -0.26862934 |
| Type Disp | ETF |
| Volume | 618,521 |
| Yield | 0.8833 |
| Ytd Return | 5.88235 |