Tradr 2X Long CRDO Daily ETF (CRDU)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
87.00 USD
-10.18
(-10.475%) ⇩
(June 12, 2026, 4 p.m.
EDT)
After hours: 86.96 -0.04 (-0.040%) ⇩ (June 12, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | June 7, 2026, 5:08 a.m. EDT
This instrument is a high-octane momentum play fueled by a massive recent surge, but it carries the fatal flaw of all leveraged daily ETFs: compounding decay. Over the last two weeks, the price has nearly doubled, moving from roughly $36 to over $70, which is an extraordinary run for a leveraged product. However, the underlying asset (CRDO) is a commodity-based holding with no earnings growth, meaning this ETF is purely betting on a sustained spike in oil prices without any fundamental safety net. The options data confirms this sentiment; traders are placing heavy bets on further upside with minimal protection, ignoring the mathematical reality that holding a 2x long ETF through a sideways or volatile market will result in severe capital erosion. While the short-term trend is explosively bullish, the long-term outlook is neutral at best because the vehicle is designed to lose value over time if the underlying doesn't trend linearly upward forever. This is a trade for aggressive speculators looking to ride the wave, not a buy-and-hold investment. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.610517 |
| AutoETS | 0.610519 |
| MSTL | 0.624355 |
| MSTL_30 | 0.627328 |
| AutoTheta | 0.729714 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 23% |
| H-stat | 9.14 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.040 |
| Excess Kurtosis | -1.36 |
As of June 7, 2026, 5:08 a.m. EDT: Speculators are aggressively positioning for continued volatility and upside momentum despite the asset's inherent decay risks. Call volume is heavily skewed toward out-of-the-money strikes (OTM), with massive open interest walls at $100 and $90, suggesting bets on a significant gap-up event. Conversely, put activity is concentrated near the money ($60 strike) acting as a defensive floor, while deep OTM puts show inflated implied volatility rather than genuine hedging demand. The disparity between high call volume and relatively lower put volume indicates a speculative bias toward further rallies in the underlying semiconductor sector.
| Attribute | Value |
|---|---|
| All Time High | 101.24 |
| All Time Low | 12.87 |
| Ask | 88.33 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 1,387,040 |
| Average Daily Volume3 Month | 631,022 |
| Average Volume | 631,022 |
| Average Volume10Days | 1,387,040 |
| Beta3 Year | 0.0 |
| Bid | 85.11 |
| Bid Size | 100 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 101.24 |
| Day Low | 80.0 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 53.5105 |
| Fifty Day Average Change | 33.4895 |
| Fifty Day Average Change Percent | 0.62584907 |
| Fifty Two Week Change Percent | 14.856029 |
| Fifty Two Week High | 101.24 |
| Fifty Two Week High Change | -14.239998 |
| Fifty Two Week High Change Percent | -0.14065585 |
| Fifty Two Week Low | 12.87 |
| Fifty Two Week Low Change | 74.13 |
| Fifty Two Week Low Change Percent | 5.759907 |
| Fifty Two Week Range | 12.87 - 101.24 |
| First Trade Date Milliseconds | 1,758,029,400,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,757,894,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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 AUR. It is non-diversified. |
| Long Name | Tradr 2X Long CRDO Daily ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1957964712 |
| Nav Price | 97.0444 |
| Net Assets | 130,111,360.0 |
| Net Expense Ratio | 1.3 |
| Open | 100.69 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.040000916 |
| Post Market Change Percent | -0.045978066 |
| Post Market Price | 86.96 |
| Post Market Time | 1,781,308,790 |
| Previous Close | 97.18 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -10.18 |
| Regular Market Change Percent | -10.4754 |
| Regular Market Day High | 101.24 |
| Regular Market Day Low | 80.0 |
| Regular Market Day Range | 80.0 - 101.24 |
| Regular Market Open | 100.69 |
| Regular Market Previous Close | 97.18 |
| Regular Market Price | 87.0 |
| Regular Market Time | 1,781,294,400 |
| Regular Market Volume | 773,005 |
| Short Name | Tradr 2X Long CRDO Daily ETF |
| Source Interval | 15 |
| Symbol | CRDU |
| Total Assets | 130,111,360 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 230.47089 |
| Trailing Three Month Returns | 230.47089 |
| Triggerable | 1 |
| Two Hundred Day Average | 47.87056 |
| Two Hundred Day Average Change | 39.12944 |
| Two Hundred Day Average Change Percent | 0.81740093 |
| Type Disp | ETF |
| Volume | 773,005 |
| Ytd Return | 76.76247 |