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Tradr 2X Long CEG Daily ETF (CEGX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
14.01 USD -0.58 (-3.983%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 14.15 +0.14 (0.999%) ⇧ (Aug. 28, 2026, 7:57 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:54 a.m. EDT

This is a high-risk leveraged daily ETF tracking a volatile sector, making it unsuitable for long-term holding due to compounding decay and lack of underlying business fundamentals. The price action over the last two weeks shows a distinct struggle, failing to break above the 50-day average despite some recent rallies, and currently trading significantly below its 200-day moving average, which confirms a medium-term downtrend. The statistical forecast model leans slightly bearish for the next 45 days, though with low confidence, adding to the caution. While the options chain reveals speculative bets on both a massive surge and a crash, the lack of institutional support and the inherent risks of daily leverage suggest this is a tool for tactical trading only, not investment. The absence of any dividend history further cements its status as a pure-play momentum vehicle with no income floor.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.076305
AutoARIMA0.087316
MSTL0.091677
AutoETS0.093564

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 38%
H-stat 0.45
Ljung-Box p 0.000
Jarque-Bera p 0.333
Excess Kurtosis -0.78

As of Aug. 22, 2026, 2:54 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call volume is heavily skewed out-of-the-money (OTM) in the September expiration, suggesting bets on a sharp spike, while put volume shows significant interest in deep OTM strikes (below $10) for the December expiration, indicating hedging against a severe drop. The massive IV spike on specific deep OTM strikes suggests fear of tail events, but the overall open interest remains thin compared to major indices, reflecting the niche nature of this leveraged daily product.


Info Dump

Attribute Value
All Time High 40.65
All Time Low 9.81
Ask 14.39
Ask Size 200
Average Daily Volume10 Day 72,190
Average Daily Volume3 Month 171,771
Average Volume 171,771
Average Volume10Days 72,190
Beta3 Year 0.0
Bid 13.99
Bid Size 700
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 14.64
Day Low 13.95
Display Name Cardinal Energy
Dividend Yield 0.0
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 13.0706
Fifty Day Average Change 0.9394007
Fifty Day Average Change Percent 0.07187127
Fifty Two Week Change Percent -39.741932
Fifty Two Week High 40.65
Fifty Two Week High Change -26.640001
Fifty Two Week High Change Percent -0.65535057
Fifty Two Week Low 9.81
Fifty Two Week Low Change 4.2
Fifty Two Week Low Change Percent 0.42813453
Fifty Two Week Range 9.81 - 40.65
First Trade Date Milliseconds 1,752,240,600,000
Full Exchange Name Cboe US
Fullday Change -0.5811
Fullday Change Percent -3.98256
Fullday Price 14.15
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 Advisor attempts to consistently apply leverage to increase the fund’s exposure to 200% of CEG, and expects to rebalance the fund’s holdings daily to maintain such exposure. The fund is non-diversified.
Long Name Tradr 2X Long CEG Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1948601424
Nav Price 14.6048
Net Assets 17,125,810.0
Net Expense Ratio 1.3
Open 14.75
Phone (414) 299-2295
Post Market Change 0.13999939
Post Market Change Percent 0.9992818
Post Market Price 14.15
Post Market Time 1,787,961,441
Previous Close 14.5911
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.5811
Regular Market Change Percent -3.98256
Regular Market Day High 14.64
Regular Market Day Low 13.95
Regular Market Day Range 13.95 - 14.64
Regular Market Open 14.75
Regular Market Previous Close 14.5911
Regular Market Price 14.01
Regular Market Time 1,787,947,200
Regular Market Volume 33,448
Short Name Tradr 2X Long CEG Daily ETF
Source Interval 15
Symbol CEGX
Total Assets 17,125,810
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -34.18966
Trailing Three Month Returns -34.18966
Triggerable 1
Two Hundred Day Average 18.715305
Two Hundred Day Average Change -4.705305
Two Hundred Day Average Change Percent -0.2514148
Type Disp ETF
Volume 33,448
Yield 0.0
Ytd Return -54.35552