Leverage Shares 2X Long BIDU Daily ETF (BIDG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
7.71 USD
+0.03
(0.329%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 7.68 -0.03 (-0.035%) ⇩ (Aug. 28, 2026, 5:12 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:22 a.m. EDT
This instrument is a high-risk leveraged bet on Alibaba that is currently under severe distress. The price has collapsed from a high of $27.47 to around $7.15, erasing nearly 75% of its value in less than a year. The recent price action shows a violent breakdown, dropping sharply from $10.73 to $6.80 before a minor, likely failed, recovery attempt. The short-term outlook is bearish; the asset is trading well below its 50-day and 200-day moving averages, confirming a strong downtrend with no immediate signs of stabilization. The options market confirms this pessimism, with traders aggressively buying deep out-of-the-money puts, betting on further catastrophic declines. There is no dividend to provide any income cushion. While the underlying business might eventually recover, the leverage inherent in this ETF amplifies losses during such a prolonged decline, making it a poor candidate for holding through uncertainty. It remains a speculative vehicle for those expecting a rapid reversal, but the current data suggests continued weakness. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.126860 |
| AutoETS | 0.130119 |
| AutoARIMA | 0.130122 |
| AutoTheta | 0.137074 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 1.98 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.098 |
| Excess Kurtosis | -0.37 |
As of Aug. 22, 2026, 5:22 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. In the near term (August expiration), put open interest significantly exceeds call open interest, with heavy concentration at strikes far below the current price (e.g., $1.00). While there is some call volume at lower strikes ($9.00-$12.00) for September and December expirations, the massive open interest in deep out-of-the-money puts for the March 2027 expiration indicates a strong speculative bet on a significant long-term decline. Implied volatility is elevated for short-dated puts compared to calls, suggesting fear of a sharp drop.
| Attribute | Value |
|---|---|
| All Time High | 27.47 |
| All Time Low | 6.585 |
| Ask | 13.49 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 140,090 |
| Average Daily Volume3 Month | 58,529 |
| Average Volume | 58,529 |
| Average Volume10Days | 140,090 |
| Beta3 Year | 0.0 |
| Bid | 7.89 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.845 |
| Day Low | 7.6 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.82526 |
| Fifty Day Average Change | -2.1103601 |
| Fifty Day Average Change Percent | -0.21478924 |
| Fifty Two Week Change Percent | -49.556942 |
| Fifty Two Week High | 27.47 |
| Fifty Two Week High Change | -19.7551 |
| Fifty Two Week High Change Percent | -0.71915185 |
| Fifty Two Week Low | 6.585 |
| Fifty Two Week Low Change | 1.1299 |
| Fifty Two Week Low Change Percent | 0.17158693 |
| Fifty Two Week Range | 6.585 - 27.47 |
| First Trade Date Milliseconds | 1,766,068,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.0253 |
| Fullday Change Percent | 0.329016 |
| Fullday Price | 7.68 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,765,929,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-12-18 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of BIDU, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long BIDU Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1969885438 |
| Nav Price | 7.6844 |
| Net Assets | 2,612,953.0 |
| Net Expense Ratio | 0.75 |
| Open | 7.83 |
| Post Market Change | -0.03490019 |
| Post Market Change Percent | -0.45237383 |
| Post Market Price | 7.68 |
| Post Market Time | 1,787,951,524 |
| Previous Close | 7.6896 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.025300026 |
| Regular Market Change Percent | 0.32901615 |
| Regular Market Day High | 7.845 |
| Regular Market Day Low | 7.6 |
| Regular Market Day Range | 7.6 - 7.845 |
| Regular Market Open | 7.83 |
| Regular Market Previous Close | 7.6896 |
| Regular Market Price | 7.7149 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 58,071 |
| Short Name | Leverage Shares 2X Long BIDU Da |
| Source Interval | 15 |
| Symbol | BIDG |
| Total Assets | 2,612,953 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -29.94631 |
| Trailing Three Month Returns | -29.94631 |
| Triggerable | 1 |
| Two Hundred Day Average | 14.729416 |
| Two Hundred Day Average Change | -7.014516 |
| Two Hundred Day Average Change Percent | -0.476225 |
| Type Disp | ETF |
| Volume | 58,071 |
| Ytd Return | -41.23746 |