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Tradr 2X Long APLD Daily ETF (APLX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
18.28 USD +1.58 (9.461%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 18.14 -0.14 (-0.140%) ⇩ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 19, 2026, 12:54 a.m. EDT

APLX is a speculative leveraged ETF on a micro-cap sector stock with collapsing fundamentals and no dividends. The options market is shouting 'parabolic upside' with heavy OTM call walls, yet the underlying statistical forecast and recent massive drawdown from 52-week highs suggest this is a 'bear trap' or a value gap due to sentiment disconnect. For a leveraged beta play, the downward momentum (approx -26% from 200DMA) and lack of corporate backing make this a high-risk, low-conviction long-term hold, suitable only for traders willing to risk total erasure of capital for asymmetric short-term moves.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.495802
AutoETS0.882072
MSTL0.889722
AutoTheta0.921560

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 48%
H-stat 4.53
Ljung-Box p 0.000
Jarque-Bera p 0.951
Excess Kurtosis 0.23

As of April 19, 2026, 12:54 a.m. EDT: Options flow indicates a distinct asymmetry favoring upside skew, though short-term IV collapse in September suggests reduced pool activity. In the near term (May), Call OI heavily favors OTM strikes (40.0 and 20.0), while Put OI clusters below 17.0 with extremely low volume for sell-side protection. Unusual volume spikes appear at deep OTM calls (30.0) and extreme out-of-money puts (55.0, 60.0) for the June expiry, noting 300%+ IV spikes on deep puts which may suggest hedging of extreme downside risk or leverage unwinding, but the primary positioning volume is aggressive on the long side. The forecast model predicts a -4.2% move in 45 days, contradicting the bullish options bias, suggesting the price is overvalued relative to the statistical mean.


Info Dump

Attribute Value
All Time High 60.0
All Time Low 7.81
Ask 18.15
Ask Size 800
Average Daily Volume10 Day 2,391,530
Average Daily Volume3 Month 1,796,254
Average Volume 1,796,254
Average Volume10Days 2,391,530
Beta3 Year 0.0
Bid 17.73
Bid Size 2,200
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.48
Day Low 16.94
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 17.590433
Fifty Day Average Change 0.68956757
Fifty Day Average Change Percent 0.039201286
Fifty Two Week Change Percent 85.27026
Fifty Two Week High 60.0
Fifty Two Week High Change -41.72
Fifty Two Week High Change Percent -0.69533336
Fifty Two Week Low 7.81
Fifty Two Week Low Change 10.470001
Fifty Two Week Low Change Percent 1.3405892
Fifty Two Week Range 7.81 - 60.0
First Trade Date Milliseconds 1,757,424,600,000
Full Exchange Name Cboe US
Fund Family AXS
Fund Inception Date 1,757,289,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of APLD. The fund is non-diversified.
Long Name Tradr 2X Long APLD Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1956137386
Nav Price 18.3164
Net Assets 40,171,608.0
Net Expense Ratio 1.3
Open 17.51
Phone (414) 299-2295
Post Market Change -0.1400013
Post Market Change Percent -0.7658714
Post Market Price 18.14
Post Market Time 1,776,470,364
Previous Close 16.7
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 1.58
Regular Market Change Percent 9.46108
Regular Market Day High 18.48
Regular Market Day Low 16.94
Regular Market Day Range 16.94 - 18.48
Regular Market Open 17.51
Regular Market Previous Close 16.7
Regular Market Price 18.28
Regular Market Time 1,776,456,000
Regular Market Volume 1,935,847
Short Name Tradr 2X Long APLD Daily ETF
Source Interval 15
Symbol APLX
Total Assets 40,171,608
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -35.81031
Trailing Three Month Returns -35.81031
Triggerable 1
Two Hundred Day Average 24.673235
Two Hundred Day Average Change -6.3932343
Two Hundred Day Average Change Percent -0.25911617
Type Disp ETF
Volume 1,935,847
Ytd Return -35.81031