YieldMax Universe Fund of Option Income ETFs (YMAX)Derivative Income | Exchange Traded Fund | NYSEArca
8.51 USD
+0.10
(1.189%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 8.53 +0.02 (0.235%) ⇧ (April 17, 2026, 7:57 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:52 a.m. EDT
Augmented Black Hole. YMAX is exhibiting classic value-trap characteristics with recent price action trading near 5-year lows. The constellation of zero underlying holdings, deteriorating price action despite decent recent distribution, and a massive one-sided Put wall screams 'safety zone' where the price is too low to hold for the long term. The 85% yield is likely the DOTQB (Dividend Of The Bottom Quarters) artist masking fundamental regression. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.103381 |
| AutoARIMA | 0.104071 |
| AutoETS | 0.104071 |
| AutoTheta | 0.112892 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 61% |
| H-stat | 1.79 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.413 |
| Excess Kurtosis | 0.76 |
As of April 19, 2026, 12:52 a.m. EDT: Options flow indicates significant bearish positioning, particularly in the 1-2 month horizons. Put open interest (OI) capitalization is 4x higher than call OI (640k vs 165k) in the 1-month expiries. Peculiar 'sanity check' buying is evident: massive volume/flow into deep OTM 17.0 puts (16 vol/16 OI) while ATM puts are light, suggesting a belief that the underlying value should not fall to zero. Conversely, call activity is clustered around ATM strikes with no deep ITM support (>80%), indicating a lack of conviction in upside. The disparity between ATM IV (0.22/0.74) and deep OTM IV (2.28) for puts suggests market maker hedging against a crash.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.11% | 77.10% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-15 | 0.092 | 1.112455 |
| 2026-04-08 | 0.090 | 1.167020 |
| 2026-04-01 | 0.088 | 1.167899 |
| 2026-03-25 | 0.034 | 0.439820 |
| 2026-03-18 | 0.082 | 1.031771 |
| 2026-03-11 | 0.083 | 1.023431 |
| 2026-03-04 | 0.081 | 0.992181 |
| 2026-02-25 | 0.072 | 0.889365 |
| 2026-02-18 | 0.078 | 0.997029 |
| 2026-02-11 | 0.074 | 0.930438 |
| 2026-02-04 | 0.082 | 1.018598 |
| 2026-01-28 | 0.083 | 0.948201 |
| 2026-01-21 | 0.082 | 0.933201 |
| 2026-01-14 | 0.082 | 0.913186 |
| 2026-01-07 | 0.088 | 0.986933 |
| 2025-12-31 | 0.106 | 1.217102 |
| 2025-12-24 | 0.094 | 1.059864 |
| 2025-12-17 | 0.124 | 1.420579 |
| 2025-12-10 | 0.114 | 1.258718 |
| 2025-12-03 | 0.096 | 1.076295 |
| 2025-11-26 | 0.101 | 1.153482 |
| 2025-11-19 | 0.130 | 1.510516 |
| 2025-11-12 | 0.151 | 1.651639 |
| 2025-11-05 | 0.174 | 1.876973 |
| 2025-10-29 | 0.194 | 2.004875 |
| 2025-10-22 | 0.157 | 1.665645 |
| 2025-10-15 | 0.174 | 1.801140 |
| 2025-10-09 | 0.147 | 1.497739 |
| 2025-10-02 | 0.140 | 1.457150 |
| 2025-09-25 | 0.082 | 0.879972 |
| 2025-09-18 | 0.129 | 1.365063 |
| 2025-09-11 | 0.132 | 1.433219 |
| 2025-09-04 | 0.109 | 1.206433 |
| 2025-08-28 | 0.137 | 1.499648 |
| 2025-08-21 | 0.162 | 1.826712 |
| 2025-08-14 | 0.110 | 1.203617 |
| 2025-08-07 | 0.145 | 1.593779 |
| 2025-07-31 | 0.165 | 1.779542 |
| 2025-07-24 | 0.184 | 1.978035 |
| 2025-07-17 | 0.104 | 1.115892 |
| 2025-07-10 | 0.135 | 1.480543 |
| 2025-07-03 | 0.157 | 1.742596 |
| 2025-06-26 | 0.155 | 1.752799 |
| 2025-06-20 | 0.142 | 1.656954 |
| 2025-06-12 | 0.180 | 2.100728 |
| 2025-06-05 | 0.172 | 2.059850 |
| 2025-05-29 | 0.215 | 2.574643 |
| 2025-05-22 | 0.186 | 2.249646 |
| 2025-05-15 | 0.191 | 2.316438 |
| 2025-05-08 | 0.168 | 2.135400 |
| 2025-05-01 | 0.174 | 2.264097 |
| 2025-04-24 | 0.137 | 1.818829 |
| 2025-04-17 | 0.133 | 1.863094 |
| 2025-04-10 | 0.129 | 1.856114 |
| 2025-04-03 | 0.178 | 2.499948 |
| 2025-03-27 | 0.132 | 1.721562 |
| 2025-03-20 | 0.153 | 2.006970 |
| 2025-03-13 | 0.100 | 1.362166 |
| 2025-03-06 | 0.241 | 3.144359 |
| 2025-02-27 | 0.133 | 1.707501 |
| 2025-02-20 | 0.185 | 2.131562 |
| 2025-02-13 | 0.150 | 1.742240 |
| 2025-02-06 | 0.194 | 2.295920 |
| 2025-01-30 | 0.147 | 1.736073 |
| 2025-01-23 | 0.172 | 2.019153 |
| 2025-01-16 | 0.112 | 1.364415 |
| 2025-01-08 | 0.140 | 1.694475 |
| 2025-01-03 | 0.181 | 2.142203 |
| 2024-12-27 | 0.245 | 2.922328 |
| 2024-12-19 | 0.139 | 1.682098 |
| 2024-12-12 | 0.123 | 1.421468 |
| 2024-12-05 | 0.238 | 2.746360 |
| 2024-11-29 | 0.306 | 3.631945 |
| 2024-11-21 | 0.244 | 2.943550 |
| 2024-11-14 | 0.152 | 1.912415 |
| 2024-11-07 | 0.120 | 1.514964 |
| 2024-10-31 | 0.225 | 2.993479 |
| 2024-10-24 | 0.227 | 2.988746 |
| 2024-10-17 | 0.175 | 2.333350 |
| 2024-10-10 | 0.204 | 2.731590 |
| 2024-10-03 | 0.208 | 2.838912 |
| 2024-09-26 | 0.222 | 2.978527 |
| 2024-09-19 | 0.227 | 3.099587 |
| 2024-08-15 | 0.591 | 8.207713 |
| 2024-07-17 | 0.652 | 8.599885 |
| 2024-06-14 | 0.730 | 9.757175 |
| 2024-05-15 | 0.732 | 9.908909 |
| 2024-04-17 | 0.632 | 8.932302 |
| 2024-03-14 | 0.568 | 7.891947 |
| 2024-02-15 | 0.534 | 7.695256 |
| Attribute | Value |
|---|---|
| All Time High | 21.94 |
| All Time Low | 7.47 |
| Ask | 8.53 |
| Ask Size | 10,100 |
| Average Daily Volume10 Day | 1,301,610 |
| Average Daily Volume3 Month | 2,153,040 |
| Average Volume | 2,153,040 |
| Average Volume10Days | 1,301,610 |
| Beta3 Year | 0.0 |
| Bid | 8.51 |
| Bid Size | 31,400 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.625 |
| Day Low | 8.41 |
| Dividend Yield | 85.98 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.2848 |
| Fifty Day Average Change | 0.22520065 |
| Fifty Day Average Change Percent | 0.02718239 |
| Fifty Two Week Change Percent | -30.530613 |
| Fifty Two Week High | 14.139 |
| Fifty Two Week High Change | -5.6289997 |
| Fifty Two Week High Change Percent | -0.39811867 |
| Fifty Two Week Low | 7.47 |
| Fifty Two Week Low Change | 1.0400004 |
| Fifty Two Week Low Change Percent | 0.13922362 |
| Fifty Two Week Range | 7.47 - 14.139 |
| First Trade Date Milliseconds | 1,705,501,800,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,705,363,200 |
| 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 a “fund of funds,” meaning that it primarily invests its assets in the shares of other ETFs, rather than in securities of individual companies. In addition, from time to time, the fund may invest directly in the securities and financial instruments in which one or more Underlying YieldMax™ ETF invests. The fund is non-diversified. |
| Long Name | YieldMax Universe Fund of Option Income ETFs |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1864182167 |
| Nav Price | 8.5205 |
| Net Assets | 375,653,568.0 |
| Net Expense Ratio | 1.33 |
| Open | 8.41 |
| Post Market Change | 0.019999504 |
| Post Market Change Percent | 0.23501179 |
| Post Market Price | 8.53 |
| Post Market Time | 1,776,470,269 |
| Previous Close | 8.41 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.1 |
| Regular Market Change Percent | 1.18907 |
| Regular Market Day High | 8.625 |
| Regular Market Day Low | 8.41 |
| Regular Market Day Range | 8.41 - 8.625 |
| Regular Market Open | 8.41 |
| Regular Market Previous Close | 8.41 |
| Regular Market Price | 8.51 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 1,497,242 |
| Short Name | YieldMax Universe Fund of Optio |
| Source Interval | 15 |
| Symbol | YMAX |
| Total Assets | 375,653,568 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -13.19393 |
| Trailing Three Month Returns | -13.19393 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.9972 |
| Two Hundred Day Average Change | -2.4871998 |
| Two Hundred Day Average Change Percent | -0.22616664 |
| Type Disp | ETF |
| Volume | 1,497,242 |
| Yield | 0.85980004 |
| Ytd Return | -13.19393 |