T-REX 2X Inverse CRWV Daily Target ETF (CORD)Trading--Inverse Equity | Exchange Traded Fund | Cboe US
4.08 USD
-0.55
(-11.797%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:10 a.m. EDT
This is a leveraged inverse ETF designed to profit from a falling market, and the data confirms the market is currently pricing in a significant decline. The short-term outlook is bearish because the instrument itself loses value when the underlying asset rises, and the options flow shows traders betting hard on a drop. The massive open interest in far-dated, deep-out-of-the-money puts suggests a fear of a prolonged downturn or a specific crash event. For a long-term hold, this is a neutral-to-bearish play; while the underlying business quality doesn't matter here, the structural mechanics of a 2x inverse fund mean it will suffer from decay if the market stays flat, and it is entirely unsuited for investors seeking income or capital preservation. There is no dividend to speak of, making it a pure speculative vehicle for those expecting a market collapse. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.733337 |
| AutoETS | 0.733391 |
| MSTL | 0.799752 |
| AutoTheta | 0.900955 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 21% |
| H-stat | 1.11 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 4.07 |
As of Oct. 10, 2026, 2:10 a.m. EDT: Speculators are aggressively positioning for a massive downside move, evidenced by heavy volume and open interest in deep out-of-the-money puts expiring in late 2027 and early 2028 (strikes at $12-$17). Conversely, call activity is concentrated in the money or slightly out-of-the-money, suggesting a 'long gamma' hedge rather than a bullish bet. The disparity in implied volatility, with puts trading at significantly higher premiums than calls, indicates the market is pricing in a severe crash scenario for the underlying index.
| Attribute | Value |
|---|---|
| All Time High | 67.545 |
| All Time Low | 1.87 |
| Ask | 4.46 |
| Ask Size | 30,100 |
| Average Daily Volume10 Day | 16,636,800 |
| Average Daily Volume3 Month | 11,765,621 |
| Average Volume | 11,765,621 |
| Average Volume10Days | 16,636,800 |
| Beta3 Year | 0.0 |
| Bid | 4.43 |
| Bid Size | 11,100 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.51 |
| Day Low | 4.07 |
| Display Name | T-REX 2X Inverse CRWV Trgt ETF |
| 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 | 3.1846 |
| Fifty Day Average Change | 0.8903997 |
| Fifty Day Average Change Percent | 0.27959543 |
| Fifty Two Week Change Percent | -78.79482 |
| Fifty Two Week High | 67.545 |
| Fifty Two Week High Change | -63.469997 |
| Fifty Two Week High Change Percent | -0.93966985 |
| Fifty Two Week Low | 1.87 |
| Fifty Two Week Low Change | 2.205 |
| Fifty Two Week Low Change Percent | 1.1791444 |
| Fifty Two Week Range | 1.87 - 67.545 |
| First Trade Date Milliseconds | 1,758,893,400,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.38999987 |
| Fullday Change Percent | 9.55882 |
| Fullday Price | 4.47 |
| Fund Family | Rex |
| Fund Inception Date | 1,758,758,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | he fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% inverse (opposite) exposure to the price performance of CRWV on a daily basis. The fund is non-diversified. |
| Long Name | T-REX 2X Inverse CRWV Daily Target ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1956884128 |
| Nav Price | 4.6308 |
| Net Assets | 19,949,880.0 |
| Net Expense Ratio | 1.5 |
| Open | 5.22 |
| Pre Market Change | 0.38999987 |
| Pre Market Change Percent | 9.55882 |
| Pre Market Price | 4.47 |
| Pre Market Time | 1,792,151,840 |
| Previous Close | 4.62 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.545 |
| Regular Market Change Percent | -11.7965 |
| Regular Market Day High | 5.51 |
| Regular Market Day Low | 4.07 |
| Regular Market Day Range | 4.07 - 5.51 |
| Regular Market Open | 5.22 |
| Regular Market Previous Close | 4.62 |
| Regular Market Price | 4.075 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 40,761,061 |
| Short Name | T-REX 2X Inverse CRWV Daily Tar |
| Source Interval | 15 |
| Symbol | CORD |
| Total Assets | 19,949,880 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -46.78649 |
| Trailing Three Month Returns | -46.78649 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.764675 |
| Two Hundred Day Average Change | -5.6896753 |
| Two Hundred Day Average Change Percent | -0.58267945 |
| Type Disp | ETF |
| Volume | 40,761,061 |
| Yield | 0.0 |
| Ytd Return | -92.66371 |