Tradr 2X Long APP Daily ETF (APPX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
9.82 USD
+1.13
(13.004%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 9.76 -0.06 (-0.060%) ⇩ (Oct. 15, 2026, 7:40 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 3:30 a.m. EDT
This instrument is a leveraged daily ETF that has suffered catastrophic performance, dropping from a high of $137.64 to trade near $10, representing a structural implosion rather than a standard correction. The 92% dividend yield is a mechanical artifact of the fund's massive loss, not a sustainable income stream, and should be ignored entirely. While the underlying AppLovin business may have merit, this specific leveraged vehicle is currently a value trap with no recovery path visible in the short term. The options market confirms this pessimism, with traders aggressively buying deep out-of-the-money puts to protect against further downside, while call activity remains thin and speculative. The statistical forecast leans negative, aligning with the technical reality of a broken trend. Investors should avoid this security; it is a failed momentum play, not a buy opportunity. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.282452 |
| AutoETS | 0.574060 |
| AutoARIMA | 0.574062 |
| MSTL | 0.581510 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 0.23 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.366 |
| Excess Kurtosis | -0.96 |
As of Oct. 10, 2026, 3:30 a.m. EDT: Speculators are positioning for a sharp decline, evidenced by massive open interest in deep out-of-the-money puts (strikes 30-85) relative to calls. While there is some speculative call volume at extreme strikes (32-85), the overwhelming weight of capital is in downside protection, suggesting a 'bear put' strategy or hedging against a potential collapse in the underlying AppLovin stock.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-26 | 9.975 | 8.335423 |
| Attribute | Value |
|---|---|
| All Time High | 157.62 |
| All Time Low | 8.58 |
| Ask | 32.63 |
| Ask Size | 5 |
| Average Daily Volume10 Day | 1,841,880 |
| Average Daily Volume3 Month | 1,515,085 |
| Average Volume | 1,515,085 |
| Average Volume10Days | 1,841,880 |
| Beta3 Year | 0.0 |
| Bid | 20.18 |
| Bid Size | 5 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.89 |
| Day Low | 8.58 |
| Dividend Yield | 92.18 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.67268 |
| Fifty Day Average Change | -2.8526802 |
| Fifty Day Average Change Percent | -0.22510473 |
| Fifty Two Week Change Percent | -91.16601 |
| Fifty Two Week High | 137.64 |
| Fifty Two Week High Change | -127.82 |
| Fifty Two Week High Change Percent | -0.9286545 |
| Fifty Two Week Low | 8.58 |
| Fifty Two Week Low Change | 1.2399998 |
| Fifty Two Week Low Change Percent | 0.14452212 |
| Fifty Two Week Range | 8.58 - 137.64 |
| First Trade Date Milliseconds | 1,745,587,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 1.1600008 |
| Fullday Change Percent | 13.348686 |
| Fullday Price | 9.82 |
| 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 Advisor attempts to consistently apply leverage to increase the fund’s exposure to 200% of APP, and expects to rebalance the fund’s holdings daily to maintain such exposure. The fund is non-diversified. |
| Long Name | Tradr 2X Long APP Daily ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1934867829 |
| Nav Price | 8.7 |
| Net Assets | 96,133,344.0 |
| Net Expense Ratio | 1.36 |
| Open | 8.595 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.059999466 |
| Post Market Change Percent | -0.61099255 |
| Post Market Price | 9.76 |
| Post Market Time | 1,792,107,639 |
| Previous Close | 8.69 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.13 |
| Regular Market Change Percent | 13.0035 |
| Regular Market Day High | 9.89 |
| Regular Market Day Low | 8.58 |
| Regular Market Day Range | 8.58 - 9.89 |
| Regular Market Open | 8.595 |
| Regular Market Previous Close | 8.69 |
| Regular Market Price | 9.82 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 1,193,507 |
| Short Name | Tradr 2X Long APP Daily ETF |
| Source Interval | 15 |
| Symbol | APPX |
| Total Assets | 96,133,344 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -73.21782 |
| Trailing Three Month Returns | -73.21782 |
| Triggerable | 1 |
| Two Hundred Day Average | 35.365124 |
| Two Hundred Day Average Change | -25.545124 |
| Two Hundred Day Average Change Percent | -0.7223253 |
| Type Disp | ETF |
| Volume | 1,193,507 |
| Yield | 0.9218 |
| Ytd Return | -89.8088 |