Tradr 2X Long APP Daily ETF (APPX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
39.45 USD
+2.93
(8.012%)
⇧
(April 17, 2026, 11:44 a.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 11, 2026, 1:37 p.m. EDT
APPX is a leveraged ETF that tracks the daily performance of AppLovin (APP). The recent price history shows a significant drop, with the stock hitting a 52-week low. The options data suggests a bearish sentiment with major OI walls at lower strikes, indicating potential short-term downside. The low dividend yield and lack of consistent payouts make it unsuitable for income-focused investors. Given the recent volatility and bearish options activity, this is not a strong buy for short-term traders either, but could present a buying opportunity for those with a high-risk tolerance and a strong conviction in the underlying stock's recovery. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.862690 |
| AutoETS | 0.901278 |
| AutoARIMA | 0.901290 |
| AutoTheta | 1.032195 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 3.42 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.108 |
| Excess Kurtosis | -0.32 |
As of April 11, 2026, 1:37 p.m. EDT: Options activity suggests mixed sentiment. There are significant OI walls and volume spikes at lower strikes, indicating potential short-term bearishness. ATM IV is low, but there are IV spikes at higher strikes, suggesting speculation about potential upside. The overall options activity seems to indicate a cautious approach with both bearish and bullish bets, but the dominance of OI at lower strikes suggests a stronger bearish bias.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-26 | 9.975 | 8.335423 |
| Attribute | Value |
|---|---|
| All Time High | 157.62 |
| All Time Low | 20.21 |
| Ask | 39.63 |
| Ask Size | 11 |
| Average Daily Volume10 Day | 959,800 |
| Average Daily Volume3 Month | 1,022,700 |
| Average Volume | 1,022,700 |
| Average Volume10Days | 959,800 |
| Beta3 Year | 0.0 |
| Bid | 39.33 |
| Bid Size | 11 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 39.84 |
| Day Low | 37.57 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 33.35612 |
| Fifty Day Average Change | 6.0938797 |
| Fifty Day Average Change Percent | 0.1826915 |
| Fifty Two Week Change Percent | 36.76493 |
| Fifty Two Week High | 157.62 |
| Fifty Two Week High Change | -118.17 |
| Fifty Two Week High Change Percent | -0.7497145 |
| Fifty Two Week Low | 20.21 |
| Fifty Two Week Low Change | 19.240002 |
| Fifty Two Week Low Change Percent | 0.9520041 |
| Fifty Two Week Range | 20.21 - 157.62 |
| First Trade Date Milliseconds | 1,745,587,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | AXS |
| Fund Inception Date | 1,745,452,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-04-25 |
| 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 APP. The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on APP. The fund is non-diversified. |
| Long Name | Tradr 2X Long APP Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1934867829 |
| Nav Price | 36.65 |
| Net Assets | 108,391,152.0 |
| Net Expense Ratio | 1.3 |
| Open | 38.4 |
| Phone | (414) 299-2295 |
| Previous Close | 36.52 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 2.9300003 |
| Regular Market Change Percent | 8.0120325 |
| Regular Market Day High | 39.84 |
| Regular Market Day Low | 37.57 |
| Regular Market Day Range | 37.57 - 39.84 |
| Regular Market Open | 38.4 |
| Regular Market Previous Close | 36.52 |
| Regular Market Price | 39.45 |
| Regular Market Time | 1,776,440,659 |
| Regular Market Volume | 549,518 |
| Short Name | Tradr 2X Long APP Daily ETF |
| Source Interval | 15 |
| Symbol | APPX |
| Total Assets | 108,391,152 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -74.23943 |
| Trailing Three Month Returns | -74.23943 |
| Triggerable | 1 |
| Two Hundred Day Average | 71.80213 |
| Two Hundred Day Average Change | -32.35213 |
| Two Hundred Day Average Change Percent | -0.4505734 |
| Type Disp | ETF |
| Volume | 549,518 |
| Ytd Return | -74.23943 |