Leverage Shares 2X Long CMG Daily ETF (CMGG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
17.25 USD
+1.01
(6.200%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 17.25 +0.25 (1.452%) ⇧ (July 13, 2026, 4:10 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:15 a.m. EDT
This leveraged ETF is currently trapped in a structural downtrend, evidenced by trading significantly below its 200-day moving average despite a recent bounce. The price action shows a sharp, volatile recovery over the last two weeks, but this appears to be a technical rebound rather than a trend reversal given the persistent bearish bias in the options chain. Traders are actively buying protection (puts) while call interest remains muted, indicating skepticism about further upside. As a 2x leveraged product, the compounding drag from the long-term decline makes it a poor vehicle for capital preservation or long-term growth. With no dividend income to offset the decay and a weak statistical forecast confirming the lack of a clear directional edge, the prudent stance is to remain on the sidelines until the price structure clearly breaks above key resistance levels. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.091117 |
| AutoARIMA | 0.091801 |
| AutoETS | 0.091804 |
| AutoTheta | 0.092133 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 4.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.054 |
| Excess Kurtosis | 0.37 |
As of July 11, 2026, 5:15 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to calls, particularly in the near term where out-of-the-money puts show significant new flow. Call activity is sparse and concentrated at-the-money, suggesting a lack of aggressive bullish conviction despite the recent price recovery.
| Attribute | Value |
|---|---|
| All Time High | 24.683 |
| All Time Low | 10.477 |
| Ask | 21.52 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 9,410 |
| Average Daily Volume3 Month | 9,798 |
| Average Volume | 9,798 |
| Average Volume10Days | 9,410 |
| Beta3 Year | 0.0 |
| Bid | 12.66 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 17.5599 |
| Day Low | 16.95 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.8573 |
| Fifty Day Average Change | 3.3896008 |
| Fifty Day Average Change Percent | 0.2446076 |
| Fifty Two Week Change Percent | 14.901543 |
| Fifty Two Week High | 24.683 |
| Fifty Two Week High Change | -7.4361 |
| Fifty Two Week High Change Percent | -0.30126402 |
| Fifty Two Week Low | 10.477 |
| Fifty Two Week Low Change | 6.7699003 |
| Fifty Two Week Low Change Percent | 0.6461678 |
| Fifty Two Week Range | 10.477 - 24.683 |
| First Trade Date Milliseconds | 1,763,389,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,763,078,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-11-17 |
| 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 financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of CMG, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long CMG Daily ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1918143090 |
| Nav Price | 15.4198 |
| Net Assets | 1,424,763.0 |
| Net Expense Ratio | 0.75 |
| Open | 16.95 |
| Post Market Change | 0.24690056 |
| Post Market Change Percent | 1.4523562 |
| Post Market Price | 17.2469 |
| Post Market Time | 1,783,973,404 |
| Previous Close | 16.24 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.0069008 |
| Regular Market Change Percent | 6.200128 |
| Regular Market Day High | 17.5599 |
| Regular Market Day Low | 16.95 |
| Regular Market Day Range | 16.95 - 17.5599 |
| Regular Market Open | 16.95 |
| Regular Market Previous Close | 16.24 |
| Regular Market Price | 17.2469 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 9,357 |
| Short Name | Leverage Shares 2X Long CMG Dai |
| Source Interval | 15 |
| Symbol | CMGG |
| Total Assets | 1,424,763 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 6.23265 |
| Trailing Three Month Returns | 6.23265 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.089111 |
| Two Hundred Day Average Change | 0.15778923 |
| Two Hundred Day Average Change Percent | 0.00923332 |
| Type Disp | ETF |
| Volume | 9,357 |
| Ytd Return | -25.15471 |