Leverage Shares 2X Long ASML Daily ETF (ASMG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
48.25 USD
-3.95
(-7.573%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:55 a.m. EDT
This is a classic leveraged ETF trap disguised as a momentum play. The instrument is a 2x long daily fund tracking ASML, meaning it suffers from severe compounding decay if the underlying index ranges or declines, which is exactly what the options data screams. The price history shows a violent, churning rally over the last two weeks, swinging wildly between $49 and $65. While the recent close near $52 looks like a pullback from the $65 peak, the technicals are deceptive; the asset is still up massively from its yearly low of $11, but the daily chart is a mess of red and green candles with no clear trend line. The short-term rating is neutral because the momentum is exhausted. The asset just gave back nearly 20% in a week, and the options market is screaming 'volatility' with massive walls at $60/$65, implying that if it tries to rally again, it will face immediate resistance and likely get crushed. The statistical forecast model is useless here (VERY LOW confidence), confirming that the price action is pure noise. Long-term, this is a hold, not a buy. Leveraged ETFs are terrible vehicles for holding through multi-year periods due to the math of daily rebalancing. Even though the underlying semiconductor sector is strong, buying a 2x leveraged product exposes you to double the volatility drag. You are paying a premium for leverage that evaporates during sideways markets. Finally, the dividend yield of 3.89% is a mirage. This is an ETF designed for short-term trading, not income. The single dividend paid recently was likely a distribution of capital gains or a one-off event, not a sustainable payout from a business generating cash. Relying on this yield is a recipe for losing principal. The only rational play here is to stay on the sidelines and wait for the leverage to reset. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.181855 |
| AutoETS | 0.181864 |
| MSTL | 0.195802 |
| AutoTheta | 0.197783 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 15.61 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.563 |
| Excess Kurtosis | -0.75 |
As of July 11, 2026, 5:55 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. In the near term (July), there is a heavy concentration of Open Interest at the $60 and $65 strikes for both calls and puts, creating a massive strangle wall that suggests traders expect a sharp move away from current prices but are hedged against the direction. However, the lack of significant volume in these OTM strikes indicates this is likely passive hedging rather than aggressive directional betting. For later expirations (August/November), the skew flips dramatically: deep out-of-the-money puts see massive volume spikes and IV premiums compared to calls, while call volume dries up significantly. This 'long gamma' setup with heavy put protection suggests the market is pricing in a potential crash or severe drawdown, yet the underlying asset is currently trading near its 52-week high, creating a dangerous asymmetry where downside protection is cheap but upside potential is capped by the dense strike walls.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 2.531 | 11.110623 |
| Attribute | Value |
|---|---|
| All Time High | 65.82 |
| All Time Low | 8.93 |
| Ask | 61.83 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 117,720 |
| Average Daily Volume3 Month | 131,795 |
| Average Volume | 131,795 |
| Average Volume10Days | 117,720 |
| Beta3 Year | 0.0 |
| Bid | 36.55 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 51.2 |
| Day Low | 47.93 |
| Dividend Yield | 3.89 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 48.88188 |
| Fifty Day Average Change | -0.6351814 |
| Fifty Day Average Change Percent | -0.01299421 |
| Fifty Two Week Change Percent | 189.07729 |
| Fifty Two Week High | 65.82 |
| Fifty Two Week High Change | -17.5733 |
| Fifty Two Week High Change Percent | -0.26699027 |
| Fifty Two Week Low | 11.31 |
| Fifty Two Week Low Change | 36.9367 |
| Fifty Two Week Low Change Percent | 3.265844 |
| Fifty Two Week Range | 11.31 - 65.82 |
| 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 ASML, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long ASML Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1889224570 |
| Nav Price | 52.3344 |
| Net Assets | 52,737,120.0 |
| Net Expense Ratio | 0.77 |
| Open | 51.18 |
| Pre Market Change | 2.8932 |
| Pre Market Change Percent | 5.969053 |
| Pre Market Price | 51.3632 |
| Pre Market Time | 1,784,035,006 |
| Previous Close | 52.2 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -3.9533005 |
| Regular Market Change Percent | -7.573372 |
| Regular Market Day High | 51.2 |
| Regular Market Day Low | 47.93 |
| Regular Market Day Range | 47.93 - 51.2 |
| Regular Market Open | 51.18 |
| Regular Market Previous Close | 52.2 |
| Regular Market Price | 48.2467 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 58,901 |
| Short Name | Leverage Shares 2X Long ASML Da |
| Source Interval | 15 |
| Symbol | ASMG |
| Total Assets | 52,737,120 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 104.59355 |
| Trailing Three Month Returns | 104.59355 |
| Triggerable | 1 |
| Two Hundred Day Average | 35.127384 |
| Two Hundred Day Average Change | 13.119316 |
| Two Hundred Day Average Change Percent | 0.37347832 |
| Type Disp | ETF |
| Volume | 58,901 |
| Yield | 0.038900003 |
| Ytd Return | 187.70482 |