Leverage Shares 2X Long AVGO Daily ETF (AVGG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
24.63 USD
-0.36
(-1.439%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 24.64 +0.01 (0.040%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:25 a.m. EDT
The 2x leveraged nature of this ETF has created a severe 'gamma squeeze' scenario where the fund is currently trading significantly below its 50-day and 200-day averages, reflecting a brutal correction from recent highs. While the underlying semiconductor business (Broadcom) remains a titan, this specific instrument is suffering from the compounding decay of leverage during a volatile period. The recent price action shows a violent drop from $33.72 to $23.96 in just a few sessions, erasing nearly 30% of value in a matter of days. This is not a standard correction; it is a liquidity event typical of leveraged products where daily rebalancing forces massive selling pressure. The options market confirms this panic, with traders buying deep insurance rather than betting on a recovery. Although the 2.17% yield exists, it is irrelevant here as the capital loss far outweighs any income. For a leveraged product, the path of least resistance is often further mean reversion or continued decay until the underlying stabilizes for months. Avoid adding to this pile; the technical damage is too fresh. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.382018 |
| AutoETS | 0.398141 |
| AutoARIMA | 0.398146 |
| AutoTheta | 0.418407 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 25% |
| H-stat | 1.46 |
| Ljung-Box p | 0.006 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 7.46 |
As of Aug. 22, 2026, 4:25 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 21, 24, 27, 28) compared to thin call volume. The implied volatility surface shows extreme spikes on deep out-of-the-money puts (e.g., 13 strike in August, 10 strike in September), indicating a fear of a sharp crash. Conversely, call activity is sparse and concentrated near the money or slightly out-of-the-money, with very low open interest relative to the put wall, suggesting a lack of bullish conviction for a rebound.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.611 | 2.205776 |
| Attribute | Value |
|---|---|
| All Time High | 49.44 |
| All Time Low | 14.13 |
| Ask | 33.17 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 271,720 |
| Average Daily Volume3 Month | 344,724 |
| Average Volume | 344,724 |
| Average Volume10Days | 271,720 |
| Beta3 Year | 0.0 |
| Bid | 32.92 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.655 |
| Day Low | 24.2 |
| Display Name | Advanced |
| Dividend Yield | 2.17 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 28.01964 |
| Fifty Day Average Change | -3.3893394 |
| Fifty Day Average Change Percent | -0.12096299 |
| Fifty Two Week Change Percent | 7.7662826 |
| Fifty Two Week High | 49.44 |
| Fifty Two Week High Change | -24.809698 |
| Fifty Two Week High Change Percent | -0.5018143 |
| Fifty Two Week Low | 17.87 |
| Fifty Two Week Low Change | 6.7602997 |
| Fifty Two Week Low Change Percent | 0.3783044 |
| Fifty Two Week Range | 17.87 - 49.44 |
| First Trade Date Milliseconds | 1,747,402,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.359699 |
| Fullday Change Percent | -1.43937 |
| Fullday Price | 24.6401 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,747,267,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund 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 AVGO, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long AVGO Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1918143551 |
| Nav Price | 22.9928 |
| Net Assets | 53,405,196.0 |
| Net Expense Ratio | 0.76 |
| Open | 25.43 |
| Post Market Change | 0.009799957 |
| Post Market Change Percent | 0.039788216 |
| Post Market Price | 24.6401 |
| Post Market Time | 1,787,961,498 |
| Previous Close | 24.99 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.35969925 |
| Regular Market Change Percent | -1.4393728 |
| Regular Market Day High | 25.655 |
| Regular Market Day Low | 24.2 |
| Regular Market Day Range | 24.2 - 25.655 |
| Regular Market Open | 25.43 |
| Regular Market Previous Close | 24.99 |
| Regular Market Price | 24.6303 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 151,012 |
| Short Name | Leverage Shares 2X Long AVGO Da |
| Source Interval | 15 |
| Symbol | AVGG |
| Total Assets | 53,405,196 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -21.7385 |
| Trailing Three Month Returns | -21.7385 |
| Triggerable | 1 |
| Two Hundred Day Average | 28.780155 |
| Two Hundred Day Average Change | -4.1498547 |
| Two Hundred Day Average Change Percent | -0.14419153 |
| Type Disp | ETF |
| Volume | 151,012 |
| Yield | 0.0217 |
| Ytd Return | 4.15401 |