Leverage Shares 2X Long ALB Daily ETF (ALBG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
3.57 USD
-0.08
(-2.301%) ⇩
(Oct. 16, 2026, 11:28 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 1:11 a.m. EDT
This instrument is a distressed leveraged product facing a severe liquidity and performance crisis. The price has collapsed from a high of $21.01 to the current range of roughly $4.00, representing a catastrophic loss of value for long-term holders. The recent price action confirms a relentless downtrend, with the asset trading well below its 50-day and 200-day moving averages, indicating that the market has completely rejected the underlying asset's performance. The leverage mechanism has likely exacerbated losses, creating a 'death spiral' dynamic common in leveraged ETFs during prolonged declines. With zero dividend history and no recent news catalysts, there is no fundamental floor supporting the price. The options market reflects this apathy with virtually no open interest, except for a bizarre, isolated cluster of deep out-of-the-money calls that suggests fear of further collapse rather than hope for recovery. This is not a buying opportunity; it is a cautionary tale of leverage decay. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.098410 |
| MSTL | 0.286352 |
| AutoETS | 0.287256 |
| AutoARIMA | 0.292651 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 0.18 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.152 |
| Excess Kurtosis | -1.12 |
As of Oct. 10, 2026, 1:11 a.m. EDT: Speculator positioning is extremely thin and fragmented across expirations, offering no coherent directional thesis. In the near term (October), there is negligible volume or open interest in either calls or puts, suggesting a lack of active speculation on immediate moves. For the March 2027 expiration, the only notable activity involves deep out-of-the-money calls at the $3.00 strike, which represents a speculative bet on a massive downside move (a 'long gamma' or 'pin risk' scenario rather than a bullish expectation, given the current price is near $4.00). The absence of significant open interest in standard strikes indicates the market is currently disengaged from this instrument.
| Attribute | Value |
|---|---|
| All Time High | 21.01 |
| All Time Low | 3.42 |
| Ask | 7.73 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 22,730 |
| Average Daily Volume3 Month | 33,807 |
| Average Volume | 33,807 |
| Average Volume10Days | 22,730 |
| Beta3 Year | 0.0 |
| Bid | 4.32 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 3.66 |
| Day Low | 3.56 |
| Display Name | 2X Long ALB Daily ETF |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.69138 |
| Fifty Day Average Change | -2.12538 |
| Fifty Day Average Change Percent | -0.37343845 |
| Fifty Two Week Change Percent | -77.56367 |
| Fifty Two Week High | 21.01 |
| Fifty Two Week High Change | -17.444 |
| Fifty Two Week High Change Percent | -0.8302713 |
| Fifty Two Week Low | 3.42 |
| Fifty Two Week Low Change | 0.14599991 |
| Fifty Two Week Low Change Percent | 0.04269003 |
| Fifty Two Week Range | 3.42 - 21.01 |
| First Trade Date Milliseconds | 1,768,314,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.08400011 |
| Fullday Change Percent | -2.3013728 |
| Fullday Price | 3.566 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,768,176,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,026-01-13 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on an investment by The fund invests in the Underlying Security that is equal, on a daily basis, to 200% of the value of the fund’s net assets. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long ALB Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1973823247 |
| Nav Price | 3.6323 |
| Net Assets | 1,281,679.0 |
| Net Expense Ratio | 0.75 |
| Open | 3.66 |
| Previous Close | 3.65 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.08400011 |
| Regular Market Change Percent | -2.3013728 |
| Regular Market Day High | 3.66 |
| Regular Market Day Low | 3.56 |
| Regular Market Day Range | 3.56 - 3.66 |
| Regular Market Open | 3.66 |
| Regular Market Previous Close | 3.65 |
| Regular Market Price | 3.566 |
| Regular Market Time | 1,792,164,491 |
| Regular Market Volume | 9,929 |
| Short Name | Leverage Shares 2X Long ALB Dai |
| Source Interval | 15 |
| Symbol | ALBG |
| Total Assets | 1,281,679 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -43.14138 |
| Trailing Three Month Returns | -43.14138 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.92123 |
| Two Hundred Day Average Change | -7.3552303 |
| Two Hundred Day Average Change Percent | -0.67348003 |
| Type Disp | ETF |
| Volume | 9,929 |