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Tradr 2X Short Apld Daily ETF (APLZ)

Trading--Inverse Equity | Exchange Traded Fund | Cboe US
25.12 USD +3.45 (15.921%) ⇧ (Aug. 28, 2026, 3:59 p.m. EDT)
After hours: 24.28 -0.84 (-0.840%) ⇩ (Aug. 28, 2026, 7:53 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:22 a.m. EDT

This instrument is a dangerous trap for investors seeking exposure to the underlying semiconductor sector. As a 2x daily short ETF, APLZ suffers from severe compounding decay; the price has collapsed from a high of 156.75 to around 20, representing a catastrophic loss of over 85% of its value. The recent price action shows a brief, volatile rebound to 22.84, but the asset remains trapped well below its 50-day moving average, confirming a persistent downtrend. The options market screams 'crash,' with traders buying protection at strikes significantly lower than the current price, while call buyers are virtually absent. With no dividend history to offset the drag and a statistical forecasting model that is completely unreliable due to the asset's extreme volatility, there is no rational case for a long-term hold or a short-term momentum play. The only logical strategy is to stay away.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.389543
AutoETS0.389548
MSTL0.441247
AutoTheta0.658454

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 30%
H-stat 0.30
Ljung-Box p 0.000
Jarque-Bera p 0.244
Excess Kurtosis -0.44

As of Aug. 22, 2026, 5:22 a.m. EDT: Speculators are aggressively positioning for a massive decline, evidenced by heavy put volume and open interest concentrated deep in-the-money (strikes of 8 and 10) and out-of-the-money (strike of 24). Call activity is negligible, with notable flow only at strikes far above the current price (30, 40), suggesting a hedge against a potential rally rather than a bullish bet. Implied volatility is extremely compressed for near-term expiration, indicating a lack of expected movement in the immediate term despite the directional bias.


Info Dump

Attribute Value
All Time High 156.75
All Time Low 11.27
Ask 25.32
Ask Size 600
Average Daily Volume10 Day 144,040
Average Daily Volume3 Month 204,800
Average Volume 204,800
Average Volume10Days 144,040
Beta3 Year 0.0
Bid 24.14
Bid Size 800
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.44
Day Low 22.56
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.20068
Fifty Day Average Change 1.9193211
Fifty Day Average Change Percent 0.08272693
Fifty Two Week Change Percent -80.216576
Fifty Two Week High 156.75
Fifty Two Week High Change -131.63
Fifty Two Week High Change Percent -0.83974487
Fifty Two Week Low 11.27
Fifty Two Week Low Change 13.85
Fifty Two Week Low Change Percent 1.2289263
Fifty Two Week Range 11.27 - 156.75
First Trade Date Milliseconds 1,769,092,200,000
Full Exchange Name Cboe US
Fullday Change 3.45
Fullday Change Percent 15.9206
Fullday Price 24.28
Fund Family AXS
Fund Inception Date 1,768,953,600
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 advisor will maintain at least 80% exposure to financial instruments that provide two times inverse leveraged exposure to the daily performance of APLD. The fund is non-diversified.
Long Name Tradr 2X Short Apld Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1974873776
Nav Price 21.7839
Net Assets 2,673,163.0
Net Expense Ratio 1.49
Open 22.81
Phone (414) 299-2295
Post Market Change -0.84000015
Post Market Change Percent -3.3439496
Post Market Price 24.28
Post Market Time 1,787,961,224
Previous Close 21.67
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 3.45
Regular Market Change Percent 15.9206
Regular Market Day High 25.44
Regular Market Day Low 22.56
Regular Market Day Range 22.56 - 25.44
Regular Market Open 22.81
Regular Market Previous Close 21.67
Regular Market Price 25.12
Regular Market Time 1,787,947,194
Regular Market Volume 138,311
Short Name Tradr 2X Short APLD Daily ETF
Source Interval 15
Symbol APLZ
Total Assets 2,673,163
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -38.32638
Trailing Three Month Returns -38.32638
Triggerable 1
Two Hundred Day Average 51.336903
Two Hundred Day Average Change -26.216902
Two Hundred Day Average Change Percent -0.51068336
Type Disp ETF
Volume 138,311