NPORT-P false 0001924868 XXXXXXXX S000089053 C000255519 Tidal Trust II 811-23793 0001924868 549300BGXECFCIZF2P89 234 West Florida Street Suite 203 Milwaukee 53204 844-986-7700 YieldMax Ultra Short Option Income Strategy ETF S000089053 2549008D45R780IU2526 2025-10-31 2025-10-31 N 38631078.330000000000 18130896.780000000000 20500181.550000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 18478801.480000000000 USD N NYSE FANG+ Total Return Index NYFANGT AST SpaceMobile Inc 254900MBSC9P2UCI6623 00217D100 -16400.000000000000 NS USD -1316100.000000000000 -6.4199431444 Short EC CORP US N 1 N N N Advance Auto Parts Inc 529900UCNQ5H9FSL0Y70 00751Y106 -16000.000000000000 NS USD -754080.000000000000 -3.6784064481 Short EC CORP US N 1 N N N Advanced Micro Devices Inc R2I72C950HOYXII45366 007903107 -4300.000000000000 NS USD -1101316.000000000000 -5.3722255938 Short EC CORP US N 1 N N N Carvana Co 5493003WEAK2PJ5WS063 146869102 -2400.000000000000 NS USD -735696.000000000000 -3.5887291935 Short EC CORP US N 1 N N N Centrus Energy Corp 549300G6VDK9G8276661 15643U104 -1600.000000000000 NS USD -587936.000000000000 -2.8679550889 Short EC CORP US N 1 N N N TREASURY BILL 254900HROIFWPRGM1V77 912797RF6 4653000.000000000000 PA USD 4538663.370000000000 22.1396252464 Long DBT UST US N 2 2026-07-09 Fixed .000000000000 N N N N N N TREASURY BILL 254900HROIFWPRGM1V77 912797RG4 4666000.000000000000 PA USD 4537665.540000000000 22.1347578261 Long DBT UST US N 2 2026-08-06 Fixed .000000000000 N N N N N N First American Government Obli 549300R5MYM6VZF1RM44 31846V336 6643314.040000000000 NS USD 6643314.040000000000 32.4061229594 Long STIV RF US N 1 N N N Gitlab Inc 9845004Y40FACG81ED49 37637K108 -25000.000000000000 NS USD -1218750.000000000000 -5.9450693011 Short EC CORP US N 1 N N N IonQ Inc 529900RB2VEFGLQS7G28 46222L108 -14000.000000000000 NS USD -873320.000000000000 -4.2600598335 Short EC CORP US N 1 N N N Kratos Defense & Security Solu 5493000EKBN0UY1F3F88 50077B207 -9000.000000000000 NS USD -815400.000000000000 -3.9775257503 Short EC CORP US N 1 N N N Lemonade Inc 5493009BKR06OXXU6853 52567D107 -13200.000000000000 NS USD -793056.000000000000 -3.8685315936 Short EC CORP US N 1 N N N N/A N/A N/A 160.000000000000 NC USD 80.000000000000 0.0003902404 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Purchased Advance Auto Parts Inc Advance Auto Parts Inc 100.000000000000 60.000000000000 USD 2025-10-31 XXXX -33724.160000000000 N N N N/A N/A N/A -160.000000000000 NC USD -102400.000000000000 -0.4995077714 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Put Written Advance Auto Parts Inc Advance Auto Parts Inc 100.000000000000 53.000000000000 USD 2025-10-31 XXXX -54923.260000000000 N N N N/A N/A N/A 43.000000000000 NC USD 21.500000000000 0.0001048771 N/A DE US N 2 NSDQOMX PHLX 549300L8X1Q78ERXFD06 Call Purchased Advanced Micro Devices Inc Advanced Micro Devices Inc 100.000000000000 260.000000000000 USD 2025-10-31 XXXX -5627.430000000000 N N N N/A N/A N/A -43.000000000000 NC USD -21.500000000000 -0.0001048771 N/A DE US N 2 NSDQOMX PHLX 549300L8X1Q78ERXFD06 Call Written Advanced Micro Devices Inc Advanced Micro Devices Inc 100.000000000000 280.000000000000 USD 2025-10-31 XXXX 1252.570000000000 N N N N/A N/A N/A -43.000000000000 NC USD -64.500000000000 -0.0003146314 N/A DE US N 2 NSDQOMX PHLX 549300L8X1Q78ERXFD06 Put Written Advanced Micro Devices Inc Advanced Micro Devices Inc 100.000000000000 250.000000000000 USD 2025-10-31 XXXX 8648.570000000000 N N N N/A N/A N/A 164.000000000000 NC USD 26896.000000000000 0.1311988381 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Purchased AST SpaceMobile Inc AST SpaceMobile Inc 100.000000000000 88.000000000000 USD 2025-11-07 XXXX -8095.750000000000 N N N N/A N/A N/A -164.000000000000 NC USD -9348.000000000000 -0.0455995962 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Written AST SpaceMobile Inc AST SpaceMobile Inc 100.000000000000 96.000000000000 USD 2025-11-07 XXXX 6500.250000000000 N N N N/A N/A N/A -164.000000000000 NC USD -32226.000000000000 -0.1571986078 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Put Written AST SpaceMobile Inc AST SpaceMobile Inc 100.000000000000 75.000000000000 USD 2025-11-07 XXXX 13797.250000000000 N N N N/A N/A N/A 567.000000000000 NC USD 28350.000000000000 0.1382914582 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Purchased Bitdeer Technologies Group Bitdeer Technologies Group 100.000000000000 25.500000000000 USD 2025-10-31 XXXX -210.020000000000 N N N Bitdeer Technologies Group 2549007M2KGWVJ9XFP20 N/A -56700.000000000000 NS USD -1258740.000000000000 -6.1401407443 Short EC CORP SG N 1 N N N N/A N/A N/A 254.000000000000 NC USD 2413.000000000000 0.0117706275 N/A DE US N 2 NASDAQ 549300L8X1Q78ERXFD06 Call Purchased Enphase Energy Inc Enphase Energy Inc 100.000000000000 34.500000000000 USD 2025-11-07 XXXX -12667.080000000000 N N N N/A N/A N/A -254.000000000000 NC USD -1143.000000000000 -0.0055755604 N/A DE US N 2 NASDAQ 549300L8X1Q78ERXFD06 Call Written Enphase Energy Inc Enphase Energy Inc 100.000000000000 37.000000000000 USD 2025-11-07 XXXX 5620.920000000000 N N N N/A N/A N/A -254.000000000000 NC USD -24765.000000000000 -0.1208038082 N/A DE US N 2 NASDAQ 549300L8X1Q78ERXFD06 Put Written Enphase Energy Inc Enphase Energy Inc 100.000000000000 30.500000000000 USD 2025-11-07 XXXX -1491.080000000000 N N N N/A N/A N/A 250.000000000000 NC USD 26875.000000000000 0.1310964000 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Purchased Gitlab Inc Gitlab Inc 100.000000000000 53.000000000000 USD 2025-10-31 XXXX 15032.400000000000 N N N N/A N/A N/A -250.000000000000 NC USD -10000.000000000000 -0.0487800558 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Put Written Gitlab Inc Gitlab Inc 100.000000000000 47.000000000000 USD 2025-10-31 XXXX 18157.400000000000 N N N N/A N/A N/A 140.000000000000 NC USD 1120.000000000000 0.0054633663 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Purchased IonQ Inc IonQ Inc 100.000000000000 67.000000000000 USD 2025-10-31 XXXX -29594.070000000000 N N N N/A N/A N/A -140.000000000000 NC USD -70.000000000000 -0.0003414604 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Written IonQ Inc IonQ Inc 100.000000000000 75.000000000000 USD 2025-10-31 XXXX 12057.400000000000 N N N N/A N/A N/A -140.000000000000 NC USD -840.000000000000 -0.0040975247 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Put Written IonQ Inc IonQ Inc 100.000000000000 58.000000000000 USD 2025-10-31 XXXX 35505.190000000000 N N N N/A N/A N/A -567.000000000000 NC USD -1417.500000000000 -0.0069145729 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Written Bitdeer Technologies Group Bitdeer Technologies Group 100.000000000000 28.000000000000 USD 2025-10-31 XXXX 17083.480000000000 N N N N/A N/A N/A -567.000000000000 NC USD -68040.000000000000 -0.3318994997 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written Bitdeer Technologies Group Bitdeer Technologies Group 100.000000000000 22.500000000000 USD 2025-10-31 XXXX -3045.020000000000 N N N N/A N/A N/A 24.000000000000 NC USD 600.000000000000 0.0029268033 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Purchased Charter Communications Inc Charter Communications Inc 100.000000000000 275.000000000000 USD 2025-11-07 XXXX -15734.490000000000 N N N N/A N/A N/A -24.000000000000 NC USD -25440.000000000000 -0.1240964620 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written Charter Communications Inc Charter Communications Inc 100.000000000000 240.000000000000 USD 2025-11-07 XXXX 2705.510000000000 N N N N/A N/A N/A 80.000000000000 NC USD 120.000000000000 0.0005853607 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Purchased Circle Internet Group Inc Circle Internet Group Inc 100.000000000000 150.000000000000 USD 2025-10-31 XXXX -18069.630000000000 N N N N/A N/A N/A -80.000000000000 NC USD -40160.000000000000 -0.1959007041 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written Circle Internet Group Inc Circle Internet Group Inc 100.000000000000 131.000000000000 USD 2025-10-31 XXXX -7629.630000000000 N N N N/A N/A N/A 37.000000000000 NC USD 56610.000000000000 0.2761438959 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Purchased Credo Technology Group Holding Credo Technology Group Holding Ltd 100.000000000000 177.500000000000 USD 2025-11-07 XXXX 42902.000000000000 N N N N/A N/A N/A -37.000000000000 NC USD -25715.000000000000 -0.1254379135 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Written Credo Technology Group Holding Credo Technology Group Holding Ltd 100.000000000000 195.000000000000 USD 2025-11-07 XXXX -21140.010000000000 N N N N/A N/A N/A -37.000000000000 NC USD -555.000000000000 -0.0027072931 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written Credo Technology Group Holding Credo Technology Group Holding Ltd 100.000000000000 152.500000000000 USD 2025-11-07 XXXX 22842.990000000000 N N N N/A N/A N/A 24.000000000000 NC USD 12.000000000000 0.0000585361 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Purchased Carvana Co Carvana Co 100.000000000000 370.000000000000 USD 2025-10-31 XXXX -33358.490000000000 N N N N/A N/A N/A -24.000000000000 NC USD -20040.000000000000 -0.0977552318 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Put Written Carvana Co Carvana Co 100.000000000000 315.000000000000 USD 2025-10-31 XXXX 25835.910000000000 N N N N/A N/A N/A 16.000000000000 NC USD 39680.000000000000 0.1935592614 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Purchased Centrus Energy Corp Centrus Energy Corp 100.000000000000 420.000000000000 USD 2025-11-21 XXXX -13364.330000000000 N N N N/A N/A N/A -16.000000000000 NC USD -16320.000000000000 -0.0796090511 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Written Centrus Energy Corp Centrus Energy Corp 100.000000000000 500.000000000000 USD 2025-11-21 XXXX 8155.670000000000 N N N N/A N/A N/A -16.000000000000 NC USD -59520.000000000000 -0.2903388921 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written Centrus Energy Corp Centrus Energy Corp 100.000000000000 360.000000000000 USD 2025-11-21 XXXX -3204.330000000000 N N N Charter Communications Inc 0J0XRGZE3PBRFEZ7MV65 16119P108 -2400.000000000000 NS USD -561216.000000000000 -2.7376147798 Short EC CORP US N 1 N N N Circle Internet Group Inc 254900HFVVR6NPMQVN93 172573107 -8000.000000000000 NS USD -1015840.000000000000 -4.9552731888 Short EC CORP US N 1 N N N Enphase Energy Inc 5493008U7KIGMI59Z314 29355A107 -25400.000000000000 NS USD -774954.000000000000 -3.7802299365 Short EC CORP US N 1 N N N Credo Technology Group Holding N/A N/A -3700.000000000000 NS USD -694194.000000000000 -3.3862822059 Short EC CORP US N 1 N N N N/A N/A N/A 90.000000000000 NC USD 24975.000000000000 0.1218281894 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Purchased Kratos Defense & Security Solu Kratos Defense & Security Solutions Inc 100.000000000000 98.000000000000 USD 2025-11-07 XXXX -9168.330000000000 N N N N/A N/A N/A -90.000000000000 NC USD -31950.000000000000 -0.1558522783 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Put Written Kratos Defense & Security Solu Kratos Defense & Security Solutions Inc 100.000000000000 86.000000000000 USD 2025-11-07 XXXX 12206.670000000000 N N N N/A N/A N/A 132.000000000000 NC USD 24750.000000000000 0.1207306381 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Purchased Lemonade Inc Lemonade Inc 100.000000000000 69.000000000000 USD 2025-11-07 XXXX -17141.890000000000 N N N N/A N/A N/A -132.000000000000 NC USD -56100.000000000000 -0.2736561131 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written Lemonade Inc Lemonade Inc 100.000000000000 59.000000000000 USD 2025-11-07 XXXX -2688.890000000000 N N N N/A N/A N/A 100.000000000000 NC USD 50000.000000000000 0.2439002790 N/A DE US N 2 NSDQOMX PHLX 549300L8X1Q78ERXFD06 Call Purchased Nebius Group NV Nebius Group NV 100.000000000000 136.000000000000 USD 2025-11-07 XXXX 18162.960000000000 N N N N/A N/A N/A -100.000000000000 NC USD -17750.000000000000 -0.0865845991 N/A DE US N 2 NSDQOMX PHLX 549300L8X1Q78ERXFD06 Call Written Nebius Group NV Nebius Group NV 100.000000000000 148.000000000000 USD 2025-11-07 XXXX -2087.040000000000 N N N RH 5493008MTS3OGGMHGK69 74967X103 -4900.000000000000 NS USD -845201.000000000000 -4.1228951946 Short EC CORP US N 1 N N N Reddit Inc 529900APN1YHPBHPI679 75734B100 -6500.000000000000 NS USD -1358175.000000000000 -6.6251852292 Short EC CORP US N 1 N N N Sandisk Corp/DE N/A 80004C200 -3400.000000000000 NS USD -677722.000000000000 -3.3059316980 Short EC CORP US N 1 N N N Super Micro Computer Inc 54930022CZO1N2UGVW07 86800U302 -15000.000000000000 NS USD -779400.000000000000 -3.8019175494 Short EC CORP US N 1 N N N TREASURY BILL 254900HROIFWPRGM1V77 912797PM3 4096000.000000000000 PA USD 4050098.180000000000 19.7564015232 Long DBT UST US N 2 2026-02-19 Fixed .000000000000 N N N N N N Nebius Group NV 549300GGZHJ5Q1B18P93 N/A -10000.000000000000 NS USD -1308200.000000000000 -6.3814069003 Short EC CORP NL N 1 N N N N/A N/A N/A -100.000000000000 NC USD -14750.000000000000 -0.0719505823 N/A DE US N 2 NSDQOMX PHLX 549300L8X1Q78ERXFD06 Put Written Nebius Group NV Nebius Group NV 100.000000000000 116.000000000000 USD 2025-11-07 XXXX 24412.960000000000 N N N N/A N/A N/A 65.000000000000 NC USD 325.000000000000 0.0015853518 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Purchased Reddit Inc Reddit Inc 100.000000000000 212.500000000000 USD 2025-10-31 XXXX -47019.080000000000 N N N N/A N/A N/A -65.000000000000 NC USD -32.500000000000 -0.0001585352 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written Reddit Inc Reddit Inc 100.000000000000 187.500000000000 USD 2025-10-31 XXXX 66698.420000000000 N N N N/A N/A N/A 49.000000000000 NC USD 2082.500000000000 0.0101584466 N/A DE US N 2 NYSE Arca 5493000F4ZO33MV32P92 Call Purchased RH RH 100.000000000000 202.500000000000 USD 2025-10-31 XXXX -7588.650000000000 N N N N/A N/A N/A -49.000000000000 NC USD -122.500000000000 -0.0005975557 N/A DE US N 2 NYSE Arca 5493000F4ZO33MV32P92 Call Written RH RH 100.000000000000 215.000000000000 USD 2025-10-31 XXXX 2799.350000000000 N N N N/A N/A N/A -49.000000000000 NC USD -21192.500000000000 -0.1033771333 N/A DE US N 2 NYSE Arca 5493000F4ZO33MV32P92 Put Written RH RH 100.000000000000 177.500000000000 USD 2025-10-31 XXXX 153.350000000000 N N N N/A N/A N/A 150.000000000000 NC USD 19200.000000000000 0.0936577071 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Call Purchased Super Micro Computer Inc Super Micro Computer Inc 100.000000000000 57.000000000000 USD 2025-11-07 XXXX -940.560000000000 N N N N/A N/A N/A -150.000000000000 NC USD -24600.000000000000 -0.1199989373 N/A DE US N 2 CHICAGO 529900RLNSGA90UPEH54 Put Written Super Micro Computer Inc Super Micro Computer Inc 100.000000000000 48.500000000000 USD 2025-11-07 XXXX 3859.440000000000 N N N N/A N/A N/A 34.000000000000 NC USD 67320.000000000000 0.3283873357 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Purchased Sandisk Corp/DE Sandisk Corp/DE 100.000000000000 192.500000000000 USD 2025-11-07 XXXX 32732.810000000000 N N N N/A N/A N/A -34.000000000000 NC USD -28220.000000000000 -0.1376573175 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Call Written Sandisk Corp/DE Sandisk Corp/DE 100.000000000000 225.000000000000 USD 2025-11-07 XXXX -16499.190000000000 N N N N/A N/A N/A -34.000000000000 NC USD -12410.000000000000 -0.0605360493 N/A DE US N 2 NYSEAmerican 5493000F4ZO33MV32P92 Put Written Sandisk Corp/DE Sandisk Corp/DE 100.000000000000 167.500000000000 USD 2025-11-07 XXXX 33752.810000000000 N N N 2025-12-30 Tidal Trust II /s/ Aaron Perkovich Aaron Perkovich Treasurer/Principal Financial Officer