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Tradr 2X Long BE Daily ETF (BEX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
22.62 USD -1.71 (-7.028%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 22.58 -0.04 (-0.040%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:18 a.m. EDT

This is a leveraged ETF designed for short-term trading, not long-term holding, and the data confirms it is currently in a state of high uncertainty. The price action over the last two weeks shows violent whipsaws, dropping from highs near $29.50 to lows around $21.00, reflecting the inherent decay and volatility of a 2x daily product. Crucially, there is no dividend income to offset the drag, and the underlying asset history is too short to assess any long-term business quality. While the options market is screaming for a big move—pricing in massive volatility—the statistical models offer zero confidence in the direction. This creates a dangerous setup for investors: the math suggests the fund will likely lose value due to compounding effects during choppy markets, while the options flow suggests a potential spike that could go either way. For a leveraged vehicle, the absence of a clear trend and the presence of extreme option pricing make it a poor candidate for capital preservation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.431940
AutoETS0.434378
MSTL0.448084
AutoTheta0.546864

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 22%
H-stat 19.46
Ljung-Box p 0.000
Jarque-Bera p 0.359
Excess Kurtosis -0.72

As of Aug. 22, 2026, 3:18 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. The implied volatility skew is massive, with deep out-of-the-money strikes showing IV spikes exceeding 2000% compared to ATM levels. Open interest is heavily skewed toward out-of-the-money calls and puts across all expirations, indicating a 'long gamma' environment where traders expect large swings in either direction. The lack of significant volume or open interest concentration at specific strikes suggests this is broad-based hedging or speculative positioning for a binary event, rather than a consensus bet on a specific price target.


Info Dump

Attribute Value
All Time High 86.12
All Time Low 7.2
Ask 22.45
Ask Size 100
Average Daily Volume10 Day 2,492,690
Average Daily Volume3 Month 2,122,509
Average Volume 2,122,509
Average Volume10Days 2,492,690
Beta3 Year 0.0
Bid 22.6
Bid Size 300
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.2845
Day Low 22.3212
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 34.7668
Fifty Day Average Change -12.146799
Fifty Day Average Change Percent -0.34937927
Fifty Two Week Change Percent 42.622948
Fifty Two Week High 86.12
Fifty Two Week High Change -63.5
Fifty Two Week High Change Percent -0.7373432
Fifty Two Week Low 7.2
Fifty Two Week Low Change 15.420001
Fifty Two Week Low Change Percent 2.141667
Fifty Two Week Range 7.2 - 86.12
First Trade Date Milliseconds 1,763,044,200,000
Full Exchange Name Cboe US
Fullday Change -1.71
Fullday Change Percent -7.02836
Fullday Price 22.58
Fund Family AXS
Fund Inception Date 1,762,905,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of BE. This may include BE stock in addition to financial instruments. The fund is non-diversified.
Long Name Tradr 2X Long BE Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1966487424
Nav Price 24.2792
Net Assets 174,125,536.0
Net Expense Ratio 1.3
Open 23.64
Phone (414) 299-2295
Post Market Change -0.040000916
Post Market Change Percent -0.1768387
Post Market Price 22.58
Post Market Time 1,787,961,594
Previous Close 24.33
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.71
Regular Market Change Percent -7.02836
Regular Market Day High 25.2845
Regular Market Day Low 22.3212
Regular Market Day Range 22.3212 - 25.2845
Regular Market Open 23.64
Regular Market Previous Close 24.33
Regular Market Price 22.62
Regular Market Time 1,787,947,200
Regular Market Volume 1,807,271
Short Name Tradr 2X Long BE Daily ETF
Source Interval 15
Symbol BEX
Total Assets 174,125,536
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -64.80226
Trailing Three Month Returns -64.80226
Triggerable 1
Two Hundred Day Average 31.977673
Two Hundred Day Average Change -9.357672
Two Hundred Day Average Change Percent -0.29263142
Type Disp ETF
Volume 1,807,271
Ytd Return 142.65991