Leverage Shares 2X Long ARM Daily ETF (ARMG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
11.62 USD
+0.58
(5.254%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 11.49 -0.13 (-0.130%) ⇩ (April 17, 2026, 7:55 p.m. EDT) Short-term: ★★★★☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 10:30 p.m. EDT
ARMG is a high-risk beta play currently showing strong short-term technical resilience. The price has staged a powerful bounce from ~8.0 (near the 52-week low) back to over 11.0, outperforming the 200-day average. The options market confirms this bounce with traders betting higher rather than lower in the weekly to monthly timeframe. However, caution is required: this is a 2x leveraged product. The ~32% drawdown to the 52-week low indicates underlying leverage decay and volatility crush risks if the market flattens. For the long term, expect dilution and decay on this structure; it is not a holdable ETF but a tactical trading vehicle. Buy on dips above the 200-day support, but do not catch a falling knife hoping it turns into a 'buy and hold' asset. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.231003 |
| AutoARIMA | 0.240327 |
| AutoETS | 0.240327 |
| AutoTheta | 0.261135 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 9.50 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.485 |
| Excess Kurtosis | -0.84 |
As of April 18, 2026, 10:30 p.m. EDT: Options flow shows a distinct bullish skew in implied use and positioning for the near term. At the April 17 expiry, OTM call positioning (103 vol/176 oi) significantly outpaces OTM puts (16 vol/101 oi), with notable open interest clumping at the 10.0 and 12.0 strikes, suggesting expectations for stability above recent lows. Conversely, put activity is sparse, heavily skewed below the current price (8.0 and 9.0 strikes), indicating a lack of hedging or downside protection seeking. The significant outlier in June calls (1.1k volume at the 30.0 strike) likely represents a long-term levered position rather than a near-term signal, as the premium (0.21) is negligible and does not reflect imminent volatility expectations. Overall, speculators are positioned for a continuation of the recent leg higher without immediate fear of a sharp downturn.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.277 | 4.71891 |
| Attribute | Value |
|---|---|
| All Time High | 25.867 |
| All Time Low | 4.28 |
| Ask | 11.7 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 858,180 |
| Average Daily Volume3 Month | 967,096 |
| Average Volume | 967,096 |
| Average Volume10Days | 858,180 |
| Beta3 Year | 0.0 |
| Bid | 11.56 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.84 |
| Day Low | 11.0826 |
| Dividend Yield | 2.85 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.98286 |
| Fifty Day Average Change | 3.6371398 |
| Fifty Day Average Change Percent | 0.45561862 |
| Fifty Two Week Change Percent | 93.666664 |
| Fifty Two Week High | 17.56 |
| Fifty Two Week High Change | -5.9399996 |
| Fifty Two Week High Change Percent | -0.3382688 |
| Fifty Two Week Low | 4.635 |
| Fifty Two Week Low Change | 6.9849997 |
| Fifty Two Week Low Change Percent | 1.5070118 |
| Fifty Two Week Range | 4.635 - 17.56 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1889224562 |
| Nav Price | 11.6347 |
| Net Assets | 24,877,044.0 |
| Net Expense Ratio | 0.78 |
| Open | 11.72 |
| Post Market Change | -0.13000011 |
| Post Market Change Percent | -1.1187618 |
| Post Market Price | 11.49 |
| Post Market Time | 1,776,470,121 |
| Previous Close | 11.04 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.58 |
| Regular Market Change Percent | 5.25362 |
| Regular Market Day High | 11.84 |
| Regular Market Day Low | 11.0826 |
| Regular Market Day Range | 11.0826 - 11.84 |
| Regular Market Open | 11.72 |
| Regular Market Previous Close | 11.04 |
| Regular Market Price | 11.62 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 846,330 |
| Short Name | Leverage Shares 2X Long ARM Dai |
| Source Interval | 15 |
| Symbol | ARMG |
| Total Assets | 24,877,044 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 70.74782 |
| Trailing Three Month Returns | 70.74782 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.079005 |
| Two Hundred Day Average Change | 1.5409946 |
| Two Hundred Day Average Change Percent | 0.15289155 |
| Type Disp | ETF |
| Volume | 846,330 |
| Yield | 0.028499998 |
| Ytd Return | 70.74782 |