Defiance Daily Target 2X Long AVGO ETF (AVGX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
42.26 USD
-0.69
(-1.607%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 42.90 +0.64 (1.514%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:24 a.m. EDT
The recent price action reveals a violent rejection of higher levels, with the asset tumbling from a high of 57.82 back to the 41-42 range within days. While the underlying semiconductor giant (AVGO) has delivered a massive 105% gain over the last year, this leveraged daily ETF is now trading well below its 50-day moving average, signaling a clear short-term downtrend. The options market confirms this bearish sentiment; traders are aggressively buying protection at lower strikes while placing their profit targets far away at 60-80. The statistical forecast model offers no directional guidance, which is typical for such volatile instruments during a correction. Given the leverage decay inherent in daily ETFs during a downtrend and the heavy put positioning, the immediate outlook is neutral-to-bearish until a decisive reversal occurs. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.451884 |
| AutoETS | 0.488570 |
| MSTL | 0.511845 |
| AutoTheta | 0.520524 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 1.07 |
| Ljung-Box p | 0.003 |
| Jarque-Bera p | 0.382 |
| Excess Kurtosis | -0.32 |
As of Aug. 22, 2026, 1:24 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes significantly below the current price (e.g., 20, 22, 30, 39), creating a 'floor' expectation. Conversely, call activity shows a distinct wall of open interest at 60 and 80, suggesting a speculative ceiling or target for a rally. The imbalance in implied volatility (IV) is stark, with deep out-of-the-money puts showing massive IV spikes compared to calls, indicating the market prices in a high probability of a sharp drop or a prolonged grind lower, despite the recent price recovery.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.62% | 1.62% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.775 | 1.618292 |
| 2024-12-31 | 0.262 | 0.808143 |
| Attribute | Value |
|---|---|
| All Time High | 84.8 |
| All Time Low | 9.871 |
| Ask | 56.76 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 655,330 |
| Average Daily Volume3 Month | 1,027,600 |
| Average Volume | 1,027,600 |
| Average Volume10Days | 655,330 |
| Beta3 Year | 0.0 |
| Bid | 56.43 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 44.0699 |
| Day Low | 41.5101 |
| Dividend Yield | 1.6 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 47.8353 |
| Fifty Day Average Change | -5.575302 |
| Fifty Day Average Change Percent | -0.11655205 |
| Fifty Two Week Change Percent | 4.9416423 |
| Fifty Two Week High | 84.8 |
| Fifty Two Week High Change | -42.540005 |
| Fifty Two Week High Change Percent | -0.501651 |
| Fifty Two Week Low | 30.84 |
| Fifty Two Week Low Change | 11.419998 |
| Fifty Two Week Low Change Percent | 0.37029827 |
| Fifty Two Week Range | 30.84 - 84.8 |
| First Trade Date Milliseconds | 1,724,333,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.690002 |
| Fullday Change Percent | -1.60652 |
| Fullday Price | 42.9 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,724,198,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-08-22 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long AVGO ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1878721784 |
| Nav Price | 42.9543 |
| Net Assets | 212,620,496.0 |
| Net Expense Ratio | 1.3 |
| Open | 43.47 |
| Post Market Change | 0.6400032 |
| Post Market Change Percent | 1.5144421 |
| Post Market Price | 42.9 |
| Post Market Time | 1,787,961,590 |
| Previous Close | 42.95 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.690002 |
| Regular Market Change Percent | -1.60652 |
| Regular Market Day High | 44.0699 |
| Regular Market Day Low | 41.5101 |
| Regular Market Day Range | 41.5101 - 44.0699 |
| Regular Market Open | 43.47 |
| Regular Market Previous Close | 42.95 |
| Regular Market Price | 42.26 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 495,911 |
| Short Name | Defiance Daily Target 2X Long A |
| Source Interval | 15 |
| Symbol | AVGX |
| Total Assets | 212,620,496 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -21.99735 |
| Trailing Three Month Returns | -21.99735 |
| Triggerable | 1 |
| Two Hundred Day Average | 49.463764 |
| Two Hundred Day Average Change | -7.203766 |
| Two Hundred Day Average Change Percent | -0.14563723 |
| Type Disp | ETF |
| Volume | 495,911 |
| Yield | 0.016 |
| Ytd Return | 3.07149 |