YMAX Short Volume
YieldMax Universe Fund of Option Income ETFs (YMAX) operates in the Financial Services sector, specifically the Asset Management - Income industry, with a market capitalization near $421.8M, listed on AMEX, carrying a beta of 1.28 to the broader market. YMAX, officially known as the YieldMax Universe Fund of Option Income ETFs, is a dynamically managed exchange-traded fund whose primary objective is to generate consistent income for investors. public since 2024-01-17.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-07-16
- Short Volume
- 272.9K
- Total Volume
- 949.9K
- Short %
- 28.73%
- 30-Day Avg Short %
- 40.50%
Showing 30 days of FINRA short volume data for YieldMax Universe Fund of Option Income ETFs.
Learn how short volume is reported and how to read the data →
YMAX most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $8.00 | Jul 17, 2026 | 138 | 566 | 774.1% | $0.15 | $0.30 |
| PUT | $7.00 | Jan 15, 2027 | 0 | 198 | 357.6% | $0.25 | $1.50 |
Top 2 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked YMAX short volume questions
- What is the daily YMAX short volume?
- As of Jul 16, 2026, YieldMax Universe Fund of Option Income ETFs (YMAX) short volume is 272.9K shares against 949.9K total reported volume, or 28.73% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is YMAX short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does YMAX short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.