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T-REX 2X Inverse CRWV Daily Target ETF (CORD)

Trading--Inverse Equity | Exchange Traded Fund | Cboe US
5.90 USD -0.04 (-0.673%) ⇩ (April 21, 2026, 10:31 a.m. EDT)

Short-term: ★★★★★ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:07 p.m. EDT

CORD is flashing a buy signal not because the ETF itself is cheap, but because the market is aggressively buying insurance against a crash in the underlying CR Index. With the fund down ~88% from the 52-week high and holding a massive put position (approx 7000%+ OTM volume on June expiry vs <5000% calls), speculators are betting on a massive capitulation in the technology sector. For a long-only investor, this is a rare 'counter-smoke' signal where the options market is screaming for a 2x rise in CORD over the next 3-6 months.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.214817
AutoTheta0.215944
AutoETS0.216534
AutoARIMA0.216540

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 28%
H-stat 3.23
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.99

As of April 18, 2026, 11:07 p.m. EDT: Options flow shows extreme skew for downside protection with massive implied inflation (IV spikes) on out-of-the-money puts for the June and September expirations. Buyers of the $23 and $30 June puts and $15 Sept put have created significant bullish hedges, counting for a directional rise in the underlying CR Index via this inverse vehicle. Conversely, call volume is negligible and scattered, with only a tiny premium in ATM sells for near-term strikes. The lack of call flow confirms that speculators are positioning strictly for continued downside in the tracked index.


Info Dump

Attribute Value
All Time High 67.545
All Time Low 5.5
Ask 5.87
Ask Size 4,100
Average Daily Volume10 Day 6,781,730
Average Daily Volume3 Month 2,405,798
Average Volume 2,405,798
Average Volume10Days 6,781,730
Beta3 Year 0.0
Bid 5.85
Bid Size 300
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 6.05
Day Low 5.63
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 14.0843
Fifty Day Average Change -8.184299
Fifty Day Average Change Percent -0.5810938
Fifty Two Week Change Percent -78.40707
Fifty Two Week High 67.545
Fifty Two Week High Change -61.644997
Fifty Two Week High Change Percent -0.9126508
Fifty Two Week Low 5.5
Fifty Two Week Low Change 0.4000001
Fifty Two Week Low Change Percent 0.07272729
Fifty Two Week Range 5.5 - 67.545
First Trade Date Milliseconds 1,758,893,400,000
Full Exchange Name Cboe US
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 REGULAR
Max Age 86,400
Message Board Id finmb_1956884128
Nav Price 5.948
Net Assets 7,264,771.0
Net Expense Ratio 1.5
Open 5.85
Previous Close 5.94
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.03999996
Regular Market Change Percent -0.67340004
Regular Market Day High 6.05
Regular Market Day Low 5.63
Regular Market Day Range 5.63 - 6.05
Regular Market Open 5.85
Regular Market Previous Close 5.94
Regular Market Price 5.9
Regular Market Time 1,776,781,908
Regular Market Volume 1,595,568
Short Name T-REX 2X Inverse CRWV Daily Tar
Source Interval 15
Symbol CORD
Total Assets 7,264,771
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -62.04223
Trailing Three Month Returns -62.04223
Triggerable 1
Two Hundred Day Average 24.924696
Two Hundred Day Average Change -19.024696
Two Hundred Day Average Change Percent -0.763287
Type Disp ETF
Volume 1,595,568
Ytd Return -62.04223