Tradr 2X Long CRML Daily ETF (CRMX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
7.28 USD
-0.92
(-11.220%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:42 a.m. EDT
This is a classic leveraged ETF death spiral in progress. The underlying asset (critical metals) has likely been in a downtrend, causing the 2x long structure to decay exponentially. The price action confirms this: after hitting a high of $144.33, the fund has collapsed to $8.20, wiping out nearly 94% of its value. The recent 14-day price history shows a relentless freefall, closing at $8.20, which is the 52-week low. The technical picture is catastrophic; the stock is trading significantly below both its 50-day and 200-day moving averages, indicating severe oversold conditions but also a complete lack of support. While the options chain shows some speculative 'lottery ticket' buying for a rebound, the fundamental reality is that leveraged ETFs suffer from daily rebalancing drag that makes recovery mathematically difficult without a sustained, massive rally in the underlying asset. With no dividends to offset the decay and a multi-year trajectory of destruction, this is a 'value trap' for anyone looking to catch a falling knife. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.108382 |
| AutoARIMA | 0.297221 |
| AutoETS | 0.341551 |
| MSTL | 0.386434 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 0.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.884 |
| Excess Kurtosis | -0.30 |
As of July 11, 2026, 5:42 a.m. EDT: Speculators are positioning aggressively for a massive downside move. In the September expiration, there is heavy volume in deep out-of-the-money calls (strikes 13 and 19) alongside significant put buying, suggesting a 'long gamma' squeeze or a bet on a violent crash. However, the December expiration shows a stark divergence: massive call volume at strikes 32 and 35 with zero put interest, indicating a speculative bet on a parabolic rally to double or triple current prices. This creates a conflicting sentiment where traders are simultaneously betting on a crash in the near term and a moonshot in the long term.
| Attribute | Value |
|---|---|
| All Time High | 144.33 |
| All Time Low | 8.2 |
| Ask | 0.0 |
| Ask Size | 3,700 |
| Average Daily Volume10 Day | 69,970 |
| Average Daily Volume3 Month | 349,649 |
| Average Volume | 349,649 |
| Average Volume10Days | 69,970 |
| Beta3 Year | 0.0 |
| Bid | 7.45 |
| Bid Size | 2,400 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.639 |
| Day Low | 6.85 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 16.56192 |
| Fifty Day Average Change | -9.2819195 |
| Fifty Day Average Change Percent | -0.5604374 |
| Fifty Two Week Change Percent | -86.996506 |
| Fifty Two Week High | 144.33 |
| Fifty Two Week High Change | -137.05 |
| Fifty Two Week High Change Percent | -0.94956005 |
| Fifty Two Week Low | 6.85 |
| Fifty Two Week Low Change | 0.4300003 |
| Fifty Two Week Low Change Percent | 0.06277377 |
| Fifty Two Week Range | 6.85 - 144.33 |
| First Trade Date Milliseconds | 1,768,314,600,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,768,176,000 |
| 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 CRML. This may include CRML stock in addition to financial instruments. The fund is non-diversified. |
| Long Name | Tradr 2X Long CRML Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1974873782 |
| Nav Price | 8.19 |
| Net Assets | 17,421,604.0 |
| Net Expense Ratio | 1.49 |
| Open | 7.96 |
| Phone | (414) 299-2295 |
| Pre Market Change | 0.32000017 |
| Pre Market Change Percent | 4.419892 |
| Pre Market Price | 7.56 |
| Pre Market Time | 1,784,023,034 |
| Previous Close | 8.2 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.92 |
| Regular Market Change Percent | -11.2195 |
| Regular Market Day High | 7.639 |
| Regular Market Day Low | 6.85 |
| Regular Market Day Range | 6.85 - 7.639 |
| Regular Market Open | 7.96 |
| Regular Market Previous Close | 8.2 |
| Regular Market Price | 7.28 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 95,139 |
| Short Name | Tradr 2X Long CRML Daily ETF |
| Source Interval | 15 |
| Symbol | CRMX |
| Total Assets | 17,421,604 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 10.71143 |
| Trailing Three Month Returns | 10.71143 |
| Triggerable | 1 |
| Two Hundred Day Average | 26.260561 |
| Two Hundred Day Average Change | -18.98056 |
| Two Hundred Day Average Change Percent | -0.7227782 |
| Type Disp | ETF |
| Volume | 95,139 |