Leverage Shares 2X Long ARM Daily ETF (ARMG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
23.63 USD
-0.19
(-0.791%) ⇩
(July 15, 2026, 10:20 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 2:55 a.m. EDT
This instrument is a high-risk leveraged vehicle currently trapped in a severe downtrend, making it unsuitable for standard investment strategies. The price action over the last two weeks is catastrophic, dropping nearly 45% from the session highs to close near the lows, reflecting a complete loss of momentum. While the 2x leverage structure theoretically amplifies gains, the compounding drag from such a steep decline has eroded significant capital value. The options market confirms this distress: while some traders are buying deep OTM calls hoping for a sudden reversal, the overwhelming presence of deep ITM puts suggests a consensus expectation of further downside or a crash to single-digit levels. The statistical forecasting model is completely unreliable due to the erratic price noise, offering no guidance. Given the lack of recent news catalysts and the purely speculative nature of the underlying asset combined with the ETF's decay mechanics, the risk-reward profile is severely skewed against the buyer. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.328895 |
| MSTL | 0.622834 |
| AutoETS | 0.691458 |
| AutoARIMA | 0.691476 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 22% |
| H-stat | 21.28 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.218 |
| Excess Kurtosis | -1.07 |
As of July 11, 2026, 2:55 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. In the near term (July), there is a massive volume spike in deep out-of-the-money calls (85 strike) alongside heavy put open interest, suggesting a bet on a gap event or crash. As expiration moves to September and December, the skew shifts dramatically toward deep in-the-money puts (strikes 5, 7, 9), indicating a strong fear of a severe collapse to single-digit prices. However, the sheer volume of OTM calls suggests a 'long gamma' strategy where traders are betting on a massive move in either direction, likely driven by the underlying ARM stock's potential earnings volatility.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.277 | 4.71891 |
| Attribute | Value |
|---|---|
| All Time High | 65.95 |
| All Time Low | 4.28 |
| Ask | 23.83 |
| Ask Size | 3 |
| Average Daily Volume10 Day | 1,002,030 |
| Average Daily Volume3 Month | 2,293,313 |
| Average Volume | 2,293,313 |
| Average Volume10Days | 1,002,030 |
| Beta3 Year | 0.0 |
| Bid | 23.63 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.045 |
| Day Low | 23.59 |
| Dividend Yield | 0.7 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 34.4526 |
| Fifty Day Average Change | -10.820999 |
| Fifty Day Average Change Percent | -0.3140837 |
| Fifty Two Week Change Percent | 70.11856 |
| Fifty Two Week High | 65.95 |
| Fifty Two Week High Change | -42.318398 |
| Fifty Two Week High Change Percent | -0.641674 |
| Fifty Two Week Low | 4.635 |
| Fifty Two Week Low Change | 18.9966 |
| Fifty Two Week Low Change Percent | 4.0985107 |
| Fifty Two Week Range | 4.635 - 65.95 |
| First Trade Date Milliseconds | 1,736,865,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,736,726,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-01-14 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. It invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of ARM, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long ARM Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1889224562 |
| Nav Price | 23.8676 |
| Net Assets | 126,852,568.0 |
| Net Expense Ratio | 0.78 |
| Open | 23.6914 |
| Previous Close | 23.82 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.18840027 |
| Regular Market Change Percent | -0.79093313 |
| Regular Market Day High | 25.045 |
| Regular Market Day Low | 23.59 |
| Regular Market Day Range | 23.59 - 25.045 |
| Regular Market Open | 23.6914 |
| Regular Market Previous Close | 23.82 |
| Regular Market Price | 23.6316 |
| Regular Market Time | 1,784,125,254 |
| Regular Market Volume | 406,276 |
| Short Name | Leverage Shares 2X Long ARM Dai |
| Source Interval | 15 |
| Symbol | ARMG |
| Total Assets | 126,852,568 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 306.0313 |
| Trailing Three Month Returns | 306.0313 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.82336 |
| Two Hundred Day Average Change | 7.808239 |
| Two Hundred Day Average Change Percent | 0.49346274 |
| Type Disp | ETF |
| Volume | 406,276 |
| Yield | 0.0069999998 |
| Ytd Return | 593.2896 |