Direxion Daily AVGO Bull 2X Shares (AVL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
45.03 USD
-4.04
(-8.233%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:16 a.m. EDT
This leveraged ETF is currently trapped in a 'volatility tax' spiral. The underlying asset, Broadcom, recently posted a slide that has crushed the daily 2x leveraged structure, evidenced by the price trading well below its 50-day moving average despite the underlying business remaining robust. The recent price action shows a brutal drop from $49 to $40 before a shaky recovery, leaving the fund with significant tracking error drag. While the 1.34% dividend yield provides a small cushion, it is negligible for a speculative vehicle and likely insufficient to offset the compounding decay from the recent drawdown. The options market confirms this anxiety: traders are buying deep protection, betting on a continuation of the decline or a gap-down event, rather than placing large bets on an immediate reversal. Until the underlying stock stabilizes and the leveraged ETF recovers its lost ground relative to the 50-day average, the risk-reward profile remains skewed heavily toward the downside. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.141503 |
| AutoARIMA | 0.142397 |
| AutoETS | 0.143650 |
| AutoTheta | 0.150992 |
| MSTL_49 | 0.157847 |
| MSTL_87 | 0.203378 |
| MSTL_49_87 | 0.215092 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 0.49 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.823 |
| Excess Kurtosis | -0.38 |
| Attribute | Value |
|---|---|
| Trailing P/E | 61.10 |
As of July 11, 2026, 5:16 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest (OI) walls at strikes significantly below current price (e.g., $21, $22, $35), indicating a fear of a sharp downside gap or crash. Conversely, call activity is concentrated near the money and slightly out-of-the-money ($50, $55, $60), suggesting a hedge against volatility rather than a strong bullish breakout. The massive volume spike in deep OTM calls ($110 strike) appears to be anomaly-driven IV expansion rather than genuine directional flow, while the put volume remains structurally heavier.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.44% | 20.58% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.200 | 0.444543 |
| 2026-03-24 | 0.256 | 0.729969 |
| 2025-12-23 | 0.158 | 0.351423 |
| 2025-12-10 | 12.181 | 18.800741 |
| 2025-09-23 | 0.142 | 0.256503 |
| 2025-06-24 | 0.190 | 0.533109 |
| 2025-03-25 | 0.131 | 0.644368 |
| 2024-12-23 | 0.078 | 0.221214 |
| Attribute | Value |
|---|---|
| All Time High | 80.21 |
| All Time Low | 10.68 |
| Ask | 45.21 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 515,890 |
| Average Daily Volume3 Month | 624,042 |
| Average Volume | 624,042 |
| Average Volume10Days | 515,890 |
| Beta3 Year | 0.0 |
| Bid | 45.04 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 48.0157 |
| Day Low | 45.03 |
| Dividend Yield | 1.34 |
| Eps Trailing Twelve Months | 0.7369807 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 53.60624 |
| Fifty Day Average Change | -8.576241 |
| Fifty Day Average Change Percent | -0.15998587 |
| Fifty Two Week Change Percent | 26.927053 |
| Fifty Two Week High | 80.21 |
| Fifty Two Week High Change | -35.18 |
| Fifty Two Week High Change Percent | -0.4385987 |
| Fifty Two Week Low | 28.95 |
| Fifty Two Week Low Change | 16.079998 |
| Fifty Two Week Low Change Percent | 0.5554403 |
| Fifty Two Week Range | 28.95 - 80.21 |
| First Trade Date Milliseconds | 1,728,567,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,728,432,000 |
| 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, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of AVGO and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to AVGO, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Direxion Daily AVGO Bull 2X Shares |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1892178687 |
| Nav Price | 49.12231 |
| Net Assets | 205,634,976.0 |
| Net Expense Ratio | 1.0 |
| Open | 47.5542 |
| Phone | 866-476-7523 |
| Pre Market Change | 1.3899994 |
| Pre Market Change Percent | 3.0868297 |
| Pre Market Price | 46.42 |
| Pre Market Time | 1,784,025,476 |
| Previous Close | 49.07 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -4.04 |
| Regular Market Change Percent | -8.23314 |
| Regular Market Day High | 48.0157 |
| Regular Market Day Low | 45.03 |
| Regular Market Day Range | 45.03 - 48.0157 |
| Regular Market Open | 47.5542 |
| Regular Market Previous Close | 49.07 |
| Regular Market Price | 45.03 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 243,505 |
| Short Name | Direxion Daily AVGO Bull 2X ETF |
| Source Interval | 15 |
| Symbol | AVL |
| Total Assets | 205,634,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 61.10065 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 34.93949 |
| Trailing Three Month Returns | 34.93949 |
| Triggerable | 1 |
| Two Hundred Day Average | 49.697166 |
| Two Hundred Day Average Change | -4.6671677 |
| Two Hundred Day Average Change Percent | -0.09391215 |
| Type Disp | ETF |
| Volume | 243,505 |
| Yield | 0.0134000005 |
| Ytd Return | 1.52728 |