ULTY Daily Tracker: 7/15/2025

The ETF manages to close green (by one penny) in a sea of red

Jul 16, 2025

After a gap up on this morning’s CPI data, the broader markets sold off with a big red day — including IWM 0.00%↑ experiencing a 2% drop. On the flipside, ULY 0.00%↑ weathered the storm and ended relatively flat. I credit 2 key underlying stocks as significant factors alongside everything else at play. ASTS 0.00%↑ ended the day +7% while OKLO 0.00%↑ bounced off its mid-day lows without breaking down further. Both stocks hold +5% weight in the fund (with other heavy weights having mediocre performance).

Highlights, position changes, and data tables all below.

ULTY Highlights:

New inflows: ~$26M (+2% Δ)
AUM: $1.37B (+2% Δ)
Cash balance: $230M (-7% Δ)
Options premium captured: $26M
On watch:
- The markets are coming to a tipping point as they hover at all-time highs. PPI data releases tomorrow morning which could play a factor in the next direction stocks go.
- Even though they are all high IV, the mixed bag of underlying stocks has actually helped ULTY remain cushioned for now — however, if they all flip red together that will lead to downside for the ETF alongside the broader market.
- ULTY 0.00%↑ daily distribution announcement tomorrow morning! Reminder: You have to own shares by end of day Wednesday to get the weekly distribution.