Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE)Derivative Income | Exchange Traded Fund | Cboe US
38.95 USD
-0.06
(-0.167%) ⇩
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 39.45 +0.50 (1.284%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:43 a.m. EDT
The 32% yield is a siren song that masks a deteriorating business reality. While the weekly payout provides cash flow, the underlying asset has lost 15% of its value in just one year, signaling that the market is pricing in a failure of the synthetic covered call strategy to generate alpha. The price has also slipped below its 50-day and 200-day moving averages, confirming a technical downtrend. Options data reinforces this bearish sentiment, with traders aggressively buying protection via puts while offering little support on the upside. This is a classic value trap: the income looks attractive on paper, but the capital destruction and lack of price momentum suggest the math does not hold up for long-term holders. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.009473 |
| AutoETS | 0.010945 |
| AutoTheta | 0.017011 |
| AutoARIMA | 0.023334 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 58% |
| H-stat | 2.44 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.217 |
| Excess Kurtosis | 0.06 |
| Attribute | Value |
|---|---|
| Trailing P/E | 26.66 |
As of Aug. 22, 2026, 1:43 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes below the current price, particularly for the September expiration where out-of-the-money puts dominate. This suggests a fear of downside volatility or a hedge against the strategy's capped upside. Conversely, call activity is sparse and concentrated at lower strikes, indicating limited bullish conviction for immediate gains.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.25% | 29.98% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-27 | 0.098 | 0.251185 |
| 2026-08-20 | 0.184 | 0.476252 |
| 2026-08-13 | 0.204 | 0.516129 |
| 2026-08-06 | 0.110 | 0.280684 |
| 2026-07-30 | 0.090 | 0.234956 |
| 2026-07-23 | 0.132 | 0.347003 |
| 2026-07-16 | 0.166 | 0.426955 |
| 2026-07-09 | 0.185 | 0.473994 |
| 2026-07-01 | 0.185 | 0.476068 |
| 2026-06-25 | 0.265 | 0.686173 |
| 2026-06-17 | 0.088 | 0.225931 |
| 2026-06-11 | 0.097 | 0.250776 |
| 2026-06-04 | 0.192 | 0.482230 |
| 2026-05-28 | 0.156 | 0.391026 |
| 2026-05-21 | 0.143 | 0.362622 |
| 2026-05-14 | 0.161 | 0.402500 |
| 2026-05-07 | 0.143 | 0.363128 |
| 2026-04-30 | 0.157 | 0.403495 |
| 2026-04-23 | 0.173 | 0.446567 |
| 2026-04-16 | 0.127 | 0.330471 |
| 2026-04-09 | 0.142 | 0.375413 |
| 2026-04-01 | 0.206 | 0.558417 |
| 2026-03-26 | 0.125 | 0.340507 |
| 2026-03-19 | 0.128 | 0.341698 |
| 2026-03-12 | 0.141 | 0.374005 |
| 2026-03-05 | 0.161 | 0.413669 |
| 2026-02-26 | 0.203 | 0.515490 |
| 2026-02-19 | 0.183 | 0.465886 |
| 2026-02-12 | 0.123 | 0.314498 |
| 2026-02-05 | 0.059 | 0.150722 |
| 2026-01-29 | 0.102 | 0.254491 |
| 2026-01-22 | 0.161 | 0.404980 |
| 2026-01-15 | 0.115 | 0.286998 |
| 2026-01-08 | 0.162 | 0.405608 |
| 2025-12-31 | 2.053 | 5.175196 |
| 2025-12-24 | 1.380 | 3.273245 |
| 2025-12-18 | 0.210 | 0.493305 |
| 2025-12-11 | 0.210 | 0.481651 |
| 2025-12-04 | 0.311 | 0.714614 |
| 2025-11-26 | 0.208 | 0.479484 |
| 2025-11-20 | 0.269 | 0.640934 |
| 2025-11-13 | 0.217 | 0.501502 |
| 2025-11-06 | 0.211 | 0.485951 |
| 2025-10-30 | 0.251 | 0.569548 |
| 2025-10-23 | 0.206 | 0.471828 |
| 2025-10-16 | 0.212 | 0.491366 |
| 2025-10-09 | 0.212 | 0.481381 |
| 2025-10-02 | 0.171 | 0.387360 |
| 2025-09-25 | 0.169 | 0.386286 |
| 2025-09-18 | 0.210 | 0.474255 |
| 2025-09-11 | 0.210 | 0.476839 |
| 2025-09-04 | 0.213 | 0.486968 |
| 2025-08-28 | 0.212 | 0.481053 |
| 2025-08-21 | 0.254 | 0.584177 |
| 2025-08-14 | 0.250 | 0.565163 |
| 2025-08-07 | 0.257 | 0.588168 |
| 2025-07-31 | 0.254 | 0.577010 |
| 2025-07-24 | 0.254 | 0.573105 |
| 2025-07-17 | 0.256 | 0.580762 |
| 2025-07-10 | 0.254 | 0.574856 |
| 2025-07-02 | 0.247 | 0.560345 |
| 2025-06-26 | 0.269 | 0.614857 |
| 2025-06-18 | 0.223 | 0.518364 |
| 2025-06-12 | 0.193 | 0.442458 |
| 2025-06-05 | 0.249 | 0.578801 |
| 2025-05-29 | 0.207 | 0.480278 |
| 2025-05-22 | 0.212 | 0.495154 |
| 2025-05-15 | 0.240 | 0.550711 |
| 2025-05-08 | 0.336 | 0.802867 |
| 2025-05-01 | 0.255 | 0.613423 |
| 2025-04-24 | 0.343 | 0.837607 |
| 2025-04-16 | 0.236 | 0.590591 |
| 2025-04-10 | 0.217 | 0.543996 |
| 2025-04-03 | 0.275 | 0.636574 |
| 2025-03-27 | 0.211 | 0.457701 |
| 2025-03-20 | 0.325 | 0.706675 |
| 2025-03-13 | 0.244 | 0.543309 |
| 2025-03-06 | 0.142 | 0.303743 |
| 2025-02-27 | 0.203 | 0.423269 |
| 2025-02-20 | 0.220 | 0.438684 |
| 2025-02-13 | 0.234 | 0.465579 |
| 2025-02-06 | 0.178 | 0.353245 |
| 2025-01-30 | 0.255 | 0.505852 |
| 2025-01-23 | 0.214 | 0.419033 |
| 2025-01-16 | 0.368 | 0.738067 |
| 2025-01-08 | 0.190 | 0.380228 |
| 2025-01-02 | 0.336 | 0.676056 |
| 2024-12-26 | 0.606 | 1.184982 |
| 2024-12-19 | 0.642 | 1.257098 |
| 2024-12-12 | 0.154 | 0.290019 |
| 2024-12-05 | 0.235 | 0.440653 |
| 2024-11-27 | 0.186 | 0.351275 |
| 2024-11-21 | 0.258 | 0.490494 |
| 2024-11-14 | 0.274 | 0.515910 |
| 2024-11-07 | 0.214 | 0.400824 |
| 2024-10-31 | 0.155 | 0.301850 |
| 2024-10-24 | 0.239 | 0.458206 |
| 2024-10-17 | 0.217 | 0.412273 |
| 2024-10-10 | 0.202 | 0.385055 |
| 2024-10-03 | 0.229 | 0.439877 |
| 2024-09-26 | 0.188 | 0.357550 |
| 2024-09-19 | 0.199 | 0.379771 |
| 2024-09-12 | 0.335 | 0.652640 |
| 2024-09-05 | 0.312 | 0.613208 |
| 2024-08-29 | 0.261 | 0.502116 |
| 2024-08-22 | 0.388 | 0.748746 |
| 2024-08-15 | 0.387 | 0.742945 |
| 2024-08-08 | 0.412 | 0.822355 |
| 2024-08-01 | 0.351 | 0.683677 |
| 2024-07-25 | 0.241 | 0.471717 |
| 2024-07-18 | 0.201 | 0.384395 |
| 2024-07-11 | 0.237 | 0.449732 |
| 2024-07-03 | 0.215 | 0.407970 |
| 2024-06-27 | 0.264 | 0.500949 |
| 2024-06-20 | 0.225 | 0.426783 |
| 2024-06-13 | 0.203 | 0.384645 |
| 2024-06-06 | 0.111 | 0.212729 |
| 2024-05-30 | 0.163 | 0.316825 |
| 2024-05-22 | 0.133 | 0.254692 |
| 2024-05-15 | 0.344 | 0.658751 |
| 2024-05-08 | 0.239 | 0.465279 |
| 2024-05-01 | 0.258 | 0.518937 |
| 2024-04-24 | 0.374 | 0.738211 |
| 2024-04-17 | 0.195 | 0.386261 |
| 2024-04-10 | 0.022 | 0.042478 |
| 2024-04-03 | 0.129 | 0.246211 |
| 2024-03-26 | 0.209 | 0.398201 |
| Attribute | Value |
|---|---|
| All Time High | 53.78 |
| All Time Low | 35.87 |
| Ask | 39.45 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 74,600 |
| Average Daily Volume3 Month | 167,195 |
| Average Volume | 167,195 |
| Average Volume10Days | 74,600 |
| Beta3 Year | 0.0 |
| Bid | 38.97 |
| Bid Size | 800 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 39.15 |
| Day Low | 38.92 |
| Dividend Yield | 3.22 |
| Eps Trailing Twelve Months | 1.4607595 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 38.9067 |
| Fifty Day Average Change | 0.04330063 |
| Fifty Day Average Change Percent | 0.001112935 |
| Fifty Two Week Change Percent | -10.330957 |
| Fifty Two Week High | 44.81 |
| Fifty Two Week High Change | -5.8600006 |
| Fifty Two Week High Change Percent | -0.1307744 |
| Fifty Two Week Low | 35.87 |
| Fifty Two Week Low Change | 3.0800018 |
| Fifty Two Week Low Change Percent | 0.08586568 |
| Fifty Two Week Range | 35.87 - 44.81 |
| First Trade Date Milliseconds | 1,709,821,800,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.0649986 |
| Fullday Change Percent | -0.166599 |
| Fullday Price | 39.45 |
| Fund Family | Roundhill Investments |
| Fund Inception Date | 1,709,683,200 |
| 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 seeks to achieve its investment objectives through the use of a covered call strategy that combines a long position in the S&P 500 Index (“SPX”) with a short position in SPX call options. The fund’s short position consists of SPX call options having zero days to expiration, known as “0DTE” options, when sold by the fund. The fund is non-diversified. |
| Long Name | Roundhill S&P 500 0DTE Covered Call Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1873942344 |
| Nav Price | 38.8986 |
| Net Assets | 340,936,736.0 |
| Net Expense Ratio | 0.97 |
| Open | 39.01 |
| Post Market Change | 0.5 |
| Post Market Change Percent | 1.283697 |
| Post Market Price | 39.45 |
| Post Market Time | 1,787,961,550 |
| Previous Close | 39.015 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0649986 |
| Regular Market Change Percent | -0.166599 |
| Regular Market Day High | 39.15 |
| Regular Market Day Low | 38.92 |
| Regular Market Day Range | 38.92 - 39.15 |
| Regular Market Open | 39.01 |
| Regular Market Previous Close | 39.015 |
| Regular Market Price | 38.95 |
| Regular Market Time | 1,787,947,193 |
| Regular Market Volume | 94,551 |
| Short Name | Roundhill S&P 500 0DTE Covered |
| Source Interval | 15 |
| Symbol | XDTE |
| Total Assets | 340,936,736 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 26.664211 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 3.767 |
| Trailing Three Month Returns | 3.767 |
| Triggerable | 1 |
| Two Hundred Day Average | 39.71049 |
| Two Hundred Day Average Change | -0.7604904 |
| Two Hundred Day Average Change Percent | -0.01915087 |
| Type Disp | ETF |
| Volume | 94,551 |
| Yield | 0.0322 |
| Ytd Return | 9.19207 |