# YieldMax JP Option Income Strategy ETF (JPO) — Overview

JPO · NYSE · Fund

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

## Price

Last close $13.45 on Oct 15, 2026. 52-week range $13.28 – $16.75.

## Fund profile

JPMO seeks to provide current income and capped gains on the JPMorgan Chase & Co. stock (JPM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Sep 11, 2023 |
| Assets under management | $30.6M |
| Expense ratio | 0.99% |
| Net asset value | $13.34 (as of Oct 13, 2026) |
| Distributions | Weekly |
| Leverage | 1x |

## Frequently Asked Questions

### What is YieldMax JP Option Income Strategy ETF (JPO)?

JPMO seeks to provide current income and capped gains on the JPMorgan Chase & Co. stock (JPM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.

### What is JPO's expense ratio?

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

### How large is JPO?

YieldMax JP Option Income Strategy ETF manages $30.6M in assets and has traded since Sep 11, 2023.

### How do I buy shares of YieldMax JP Option Income Strategy ETF (JPO)?

JPO 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.

---

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).