Leverage Shares 2X Long ADBE Daily ETF (ADBG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
4.72 USD
+0.14
(3.057%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 10:42 p.m. EDT
Extreme dissonance between the deep negative forecast (-10.7%) and the aggressive bullish options positioning (OTM $7.00 calls) signals a 'long-only' momentum trap. The bearish fundamental models likely factor in the leverage decay (2x ETF off a 52-week high of $16.99) and recent price drop, but retail traders are ignoring this, betting on a violent swing back to $7+ before expiry. The 14-day price action shows erratic volatility (dips to $3.92 then bounce), confirming the speculative nature. For a 2x leveraged ETF that has lost nearly 50% of its yearly high, holding long-term rating 0 is mandatory due to compounding decay, making this purely a speculative short-term play for a blowup, not an entry. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.281068 |
| MSTL | 0.316442 |
| AutoARIMA | 0.324933 |
| AutoETS | 0.324938 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 3.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.271 |
| Excess Kurtosis | -0.61 |
As of April 18, 2026, 10:42 p.m. EDT: Speculators are heavily skewed long, with Massive OI (1.5k vs 84) on May 15 $7.00 calls versus minimal ITM put positioning. The short straddle_implosion on in-the-money puts (only 1 vol/trade on $4.00 puts) contrasts sharply with strong call sponsorship in the $5.00-$7.00 range, indicating a strong bullish gamma exposure expectation. IV is elevated relative to implied move targets.
| Attribute | Value |
|---|---|
| All Time High | 16.99 |
| All Time Low | 3.88 |
| Ask | 5.93 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 2,811,270 |
| Average Daily Volume3 Month | 2,418,709 |
| Average Volume | 2,418,709 |
| Average Volume10Days | 2,811,270 |
| Beta3 Year | 0.0 |
| Bid | 3.43 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.8397 |
| Day Low | 4.6101 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.0882 |
| Fifty Day Average Change | -0.3682003 |
| Fifty Day Average Change Percent | -0.07236356 |
| Fifty Two Week Change Percent | -59.840042 |
| Fifty Two Week High | 16.99 |
| Fifty Two Week High Change | -12.27 |
| Fifty Two Week High Change Percent | -0.72218955 |
| Fifty Two Week Low | 3.88 |
| Fifty Two Week Low Change | 0.8399997 |
| Fifty Two Week Low Change Percent | 0.21649475 |
| Fifty Two Week Range | 3.88 - 16.99 |
| First Trade Date Milliseconds | 1,742,563,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,742,428,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-03-21 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of ADBE, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long ADBE Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1918143415 |
| Nav Price | 4.7281 |
| Net Assets | 34,061,008.0 |
| Net Expense Ratio | 0.77 |
| Open | 4.75 |
| Pre Market Change | 0.03000021 |
| Pre Market Change Percent | 0.6355977 |
| Pre Market Price | 4.75 |
| Pre Market Time | 1,776,777,579 |
| Previous Close | 4.58 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.14 |
| Regular Market Change Percent | 3.05677 |
| Regular Market Day High | 4.8397 |
| Regular Market Day Low | 4.6101 |
| Regular Market Day Range | 4.6101 - 4.8397 |
| Regular Market Open | 4.75 |
| Regular Market Previous Close | 4.58 |
| Regular Market Price | 4.72 |
| Regular Market Time | 1,776,715,201 |
| Regular Market Volume | 4,113,810 |
| Short Name | Leverage Shares 2X Long ADBE Da |
| Source Interval | 15 |
| Symbol | ADBG |
| Total Assets | 34,061,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -55.08195 |
| Trailing Three Month Returns | -55.08195 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.94471 |
| Two Hundred Day Average Change | -4.22471 |
| Two Hundred Day Average Change Percent | -0.47231382 |
| Type Disp | ETF |
| Volume | 4,113,810 |
| Yield | 0.0 |
| Ytd Return | -55.08195 |