Tradr 2X Long APLD Daily ETF (APLX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
11.86 USD
-2.15
(-15.346%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:41 a.m. EDT
The immediate outlook is deeply bearish, driven by a catastrophic price collapse over the last two weeks. The asset has shed roughly 40% of its value in just ten trading sessions, plunging from highs near $30.60 to lows around $13.70. This violent drop has triggered a panic response in the options market, where traders are aggressively buying protection. The put/call ratio is skewed heavily toward downside bets, with implied volatility for deep puts exploding to nearly 10x the level of at-the-money calls. This signals that the market expects further deterioration rather than a bounce. While the underlying business (APLD) may be sound, this specific leveraged instrument is currently in a death spiral due to compounding decay and the recent price shock. There is no dividend to provide income, and the statistical forecasting models are useless given the 'very low' confidence rating and the chaotic nature of the recent price action. Investors should view this as a high-risk speculative trap rather than a value opportunity. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.344183 |
| AutoARIMA | 0.356920 |
| AutoETS | 0.356936 |
| AutoTheta | 0.375756 |
| MSTL_35 | 0.383708 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 1.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.171 |
| Excess Kurtosis | -0.94 |
As of July 11, 2026, 5:41 a.m. EDT: Speculators are exhibiting extreme fear and hedging behavior. Put volume and open interest significantly outweigh calls across all expirations, with massive open interest walls at strikes like 29, 30, and 34 for July and August. Implied volatility is severely elevated for deep out-of-the-money puts (e.g., 944% vs 146% ATM in July), indicating a market pricing in a high probability of further downside or a sharp crash. The lack of call activity suggests a complete absence of bullish positioning.
| Attribute | Value |
|---|---|
| All Time High | 60.0 |
| All Time Low | 7.81 |
| Ask | 0.0 |
| Ask Size | 2,000 |
| Average Daily Volume10 Day | 1,058,730 |
| Average Daily Volume3 Month | 1,428,460 |
| Average Volume | 1,428,460 |
| Average Volume10Days | 1,058,730 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 1,500 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.89 |
| Day Low | 11.5765 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.301 |
| Fifty Day Average Change | -15.441001 |
| Fifty Day Average Change Percent | -0.5655837 |
| Fifty Two Week Change Percent | 41.993237 |
| Fifty Two Week High | 60.0 |
| Fifty Two Week High Change | -48.14 |
| Fifty Two Week High Change Percent | -0.8023333 |
| Fifty Two Week Low | 7.81 |
| Fifty Two Week Low Change | 4.0499997 |
| Fifty Two Week Low Change Percent | 0.5185659 |
| 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 | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1956137386 |
| Nav Price | 13.9767 |
| Net Assets | 60,897,512.0 |
| Net Expense Ratio | 1.3 |
| Open | 13.22 |
| Phone | (414) 299-2295 |
| Pre Market Change | 0.40499973 |
| Pre Market Change Percent | 3.4076543 |
| Pre Market Price | 12.29 |
| Pre Market Time | 1,784,017,002 |
| Previous Close | 14.01 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.15 |
| Regular Market Change Percent | -15.3462 |
| Regular Market Day High | 13.89 |
| Regular Market Day Low | 11.5765 |
| Regular Market Day Range | 11.5765 - 13.89 |
| Regular Market Open | 13.22 |
| Regular Market Previous Close | 14.01 |
| Regular Market Price | 11.86 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 1,192,142 |
| Short Name | Tradr 2X Long APLD Daily ETF |
| Source Interval | 15 |
| Symbol | APLX |
| Total Assets | 60,897,512 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 88.40516 |
| Trailing Three Month Returns | 88.40516 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.638588 |
| Two Hundred Day Average Change | -13.778588 |
| Two Hundred Day Average Change Percent | -0.53741604 |
| Type Disp | ETF |
| Volume | 1,192,142 |
| Ytd Return | 20.9367 |