Skip to main content
Smart Investors Daily
DR

AMEX · DRAY

YieldMax DKNG Option Income Strategy ETF

Public company research

$14.31

Down-$0.38 (-2.60%)

Updated Sep 1, 2026, 12:57 PM

SID Score

2.7/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
929.12M
P/E ratio
142.96
Dividend yield
65.12%
52-week range
$13.30 – $19.68
Volume
5.01K
Avg. volume
23.41K

Price performance

DRAY price history

1M range · 21 trading sessions · Daily adjusted prices

DRAY closed at $14.31 after 21 trading sessions, down 1.46% for the selected period.

Last close
$14.31
Period change
-1.46%
Period low
$13.66
Period high
$15.41
Daily close
View OHLC price history
DRAY OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Aug 31, 2026$14.31$14.335$14.10$14.31045.01K
Aug 28, 2026$14.26$15.09$14.26$14.693116.77K
Aug 27, 2026$14.54$14.569$14.2816$14.28162.15K
Aug 26, 2026$14.825$14.84$14.63$14.631.54K
Aug 25, 2026$15.041$15.115$15.01$15.03926.65K
Aug 24, 2026$15.15$15.15$15.056$15.06281.87K
Aug 21, 2026$14.82$15.1922$14.67$15.19228.97K
Aug 20, 2026$14.74$14.77$14.6107$14.72723.23K
Aug 19, 2026$14.58$15.17$14.3201$15.0824.77K
Aug 18, 2026$14.96$14.96$14.38$14.384.69K
Aug 17, 2026$15.58$15.58$15.04$15.044.68K
Aug 14, 2026$15.23$15.54$15.23$15.4120.03K
Aug 13, 2026$15.13$15.16$14.90$15.06510.83K
Aug 12, 2026$15.16$15.4832$15.05$15.3016.03K
Aug 11, 2026$14.91$15.33$14.90$15.29520.42K
Aug 10, 2026$14.62$15.16$14.62$14.87366.45K
Aug 7, 2026$13.92$15.3729$13.92$15.372923.54K
Aug 6, 2026$13.37$13.6669$13.30$13.66694.08K
Aug 5, 2026$14.09$14.23$13.54$13.66349.15K
Aug 4, 2026$14.50$14.655$14.50$14.58461.67K
Aug 3, 2026$14.82$14.82$14.382$14.52188.23K

Latest DRAY news

The latest Smart Investors Daily articles mentioning DRAY.

DRAY research

Overview

Company profile and research snapshot.

Company profile

DRAY aims to generate monthly income while providing exposure to the price returns of DraftKings Inc. (DKNG) stock, subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of DKNG by purchasing and selling at-the-money calls and puts that have one- to six-month terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price of approximately 0%-15% above DKNG's current share price. This limits participation in potential gains if DKNG shares increase in value. The short put positions fully expose investors to the downside of the stock. Note: the fund does not invest directly in DKNG stocks. Thus, investors are not entitled to any DKNG dividends.

Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
Implied upside
Analysts
Open full forecast

News briefing

No generated briefing is available yet.

AI research layers

Interpretive context generated from the platform’s current data sources.

No results

AI research layers have not been published yet.