Tradr 2X Long CEG Daily ETF (CEGX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
15.77 USD
-0.91
(-5.456%) ⇩
(April 21, 2026, 1:22 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:13 a.m. EDT
Sell the trend; CEGX is a leveraged bear-trap candidate. Despite the news of new Tradr ETF launches, the futures-spot warning signs are flashing red. The underlying asset is under negative pressure, and the forecasting model explicitly predicts a downward wave (-5% over 45 days). The extreme OTM call activity is a 'long-shot' gamble on a double recovery, while the medium-term pricing of options suggests the market is hedging a continuation of the drop. This is not a buy signal until the underlying const stock stabilizes and the daily ETF capitalizes the loss. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.111355 |
| AutoETS | 0.111497 |
| MSTL | 0.113639 |
| AutoARIMA | 0.262996 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.54 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.649 |
| Excess Kurtosis | -0.67 |
As of April 19, 2026, 12:13 a.m. EDT: Speculative positioning is mixed but leans bearish near-term. 3-day calls show extreme skew toward OTM strikes (+52.1% at 27.0 vs only +12.7% at 20.0), placing heavy leverage on a massive upside target that implies a massive rally to hit due to the steep distance. Conversely, the next 45-day model predicts a -5% directionally adjusted change. For the 5-day horizon, ATM call IV is lower than ATM put IV (0.38 vs 1.65), suggesting underlying market makers are willing to sell puts at significantly cheaper premiums relative to calls, implying a perceived higher probability of downside or volatility expansion at lower strikes. The heavy OTM call positioning reflects hope for the underlying_const_stock (Constellation) rebound, while ATM put flow indicates risk management for a continued drop within the week.
| Attribute | Value |
|---|---|
| All Time High | 40.65 |
| All Time Low | 12.836 |
| Ask | 15.9 |
| Ask Size | 1,200 |
| Average Daily Volume10 Day | 68,300 |
| Average Daily Volume3 Month | 71,078 |
| Average Volume | 71,078 |
| Average Volume10Days | 68,300 |
| Beta3 Year | 0.0 |
| Bid | 15.74 |
| Bid Size | 1,200 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 16.8398 |
| Day Low | 15.455 |
| Display Name | Cardinal Energy |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 18.48682 |
| Fifty Day Average Change | -2.7168198 |
| Fifty Day Average Change Percent | -0.14695983 |
| Fifty Two Week Change Percent | -36.500687 |
| Fifty Two Week High | 40.65 |
| Fifty Two Week High Change | -24.880001 |
| Fifty Two Week High Change Percent | -0.6120541 |
| Fifty Two Week Low | 12.836 |
| Fifty Two Week Low Change | 2.934 |
| Fifty Two Week Low Change Percent | 0.22857587 |
| Fifty Two Week Range | 12.836 - 40.65 |
| First Trade Date Milliseconds | 1,752,240,600,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,752,105,600 |
| 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 CEG. The fund is non-diversified. |
| Long Name | Tradr 2X Long CEG Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1948601424 |
| Nav Price | 16.6263 |
| Net Assets | 7,437,813.0 |
| Net Expense Ratio | 1.3 |
| Open | 16.85 |
| Phone | (414) 299-2295 |
| Previous Close | 16.68 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.90999985 |
| Regular Market Change Percent | -5.4556346 |
| Regular Market Day High | 16.8398 |
| Regular Market Day Low | 15.455 |
| Regular Market Day Range | 15.455 - 16.8398 |
| Regular Market Open | 16.85 |
| Regular Market Previous Close | 16.68 |
| Regular Market Price | 15.77 |
| Regular Market Time | 1,776,792,155 |
| Regular Market Volume | 118,635 |
| Short Name | Tradr 2X Long CEG Daily ETF |
| Source Interval | 15 |
| Symbol | CEGX |
| Total Assets | 7,437,813 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -43.48199 |
| Trailing Three Month Returns | -43.48199 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.100313 |
| Two Hundred Day Average Change | -9.330313 |
| Two Hundred Day Average Change Percent | -0.37172097 |
| Type Disp | ETF |
| Volume | 118,635 |
| Ytd Return | -43.48199 |