# YieldMax DKNG Option Income Strategy ETF (DRAY) — Overview

DRAY · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/dray

## Price

Last close $11.31 on Oct 15, 2026. 52-week range $10.91 – $38.90.

## Fund profile

DRAY is an actively managed fund that seeks to generate monthly income by selling/writing call options on DKNG. DRAY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of DKNG.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Jul 14, 2025 |
| Assets under management | $2.5M |
| Expense ratio | 0.99% |
| Net asset value | $11.21 (as of Oct 14, 2026) |
| Distributions | Weekly |
| Leverage | 1x |

## Frequently Asked Questions

### What is YieldMax DKNG Option Income Strategy ETF (DRAY)?

DRAY is an actively managed fund that seeks to generate monthly income by selling/writing call options on DKNG. DRAY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of DKNG.

### What is DRAY's expense ratio?

YieldMax DKNG Option Income Strategy ETF charges an annual expense ratio of 0.99%. The fund is issued by Tidal Investments LLC.

### How large is DRAY?

YieldMax DKNG Option Income Strategy ETF manages $2.5M in assets and has traded since Jul 14, 2025.

### How do I buy shares of YieldMax DKNG Option Income Strategy ETF (DRAY)?

DRAY trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).