No press releases found.
YieldMax DKNG Option Income Strategy ETF declares $0.1566 dividend
Seeking Alpha News (Wed, 15-Jul 1:39 PM ET)
YieldMax DKNG Option Income Strategy ETF is an actively managed exchange-traded fund that seeks current income while providing indirect exposure to the share price (i.e., the price returns) of the common stock of Draftkings, Inc (Nasdaq: DKNG), which is generally subject to a limit on potential investment gains. The Fund will employ its investment strategy as it relates to DKNG regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods. The Fund uses either a synthetic covered call strategy or synthetic covered call spread strategy to provide income and indirect exposure to the share price returns of DKNG, which is generally subject to a limit on potential investment gains as a result of the nature of the options strategy it employs. The Fund not only seeks to generate income from its options investments but also aims to derive gains when the value of DKNG increases.
Yieldmax Dkng Option Income Strategy ETF trades on the ARCA stock market under the symbol DRAY.
As of July 17, 2026, DRAY stock price climbed to $15.69 with 5,516 million shares trading.
DRAY has a market cap of $5.88 million. This is considered a Sub-Micro Cap stock.
DRAY has underperformed the market in the last year with a price return of -35.4% while the SPY ETF gained +20.3%. However, in the short term, DRAY had mixed performance relative to the market. It has outperformed in the last 3 months, returning +12.7% vs +6.2% return in SPY. But in the last 2 weeks, DRAY shares have been beat by the market, returning -3.4% compared to an SPY return of -0.2%.
DRAY support price is $15.01 and resistance is $16.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DRAY shares will trade within this expected range on the day.
