Tradr 2X Long CLS Daily ETF (CSEX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
11.00 USD
-1.43
(-11.477%) ⇩
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 11.27 +0.27 (2.455%) ⇧ (Aug. 28, 2026, 7:46 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:52 a.m. EDT
This is a dangerous instrument for investors seeking stability or income. CSEX is a leveraged daily ETF tracking the CLS index, meaning it suffers from severe compounding decay when the underlying asset trends sideways or down, which appears to be the case here given the price collapse from highs near $33 to current levels around $11. The recent price action confirms this structural weakness, with the asset trading significantly below its 50-day and 200-day moving averages, reflecting a sustained downtrend rather than a temporary dip. There is no dividend to provide any cushion against this erosion. While the statistical model suggests a slight upward lean over the next 45 days, the low confidence rating and the overwhelming bearish positioning in the options market suggest that any potential rebound is fragile and likely insufficient to overcome the leverage drag. The options data screams caution, with traders buying insurance against further declines rather than betting on a rally. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.604639 |
| AutoETS | 0.605991 |
| AutoTheta | 0.616018 |
| MSTL | 0.641854 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 3.19 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.872 |
| Excess Kurtosis | -0.36 |
As of Aug. 22, 2026, 1:52 a.m. EDT: Speculators are overwhelmingly bearish, evidenced by massive open interest in out-of-the-money puts compared to negligible call activity. The put/call ratio is heavily skewed toward downside protection, with significant volume concentrated in strikes well below the current price. Call activity is sparse and mostly centered on ATM or deep OTM strikes with minimal open interest, indicating a lack of bullish conviction.
| Attribute | Value |
|---|---|
| All Time High | 33.66 |
| All Time Low | 10.03 |
| Ask | 11.35 |
| Ask Size | 1,700 |
| Average Daily Volume10 Day | 142,740 |
| Average Daily Volume3 Month | 142,549 |
| Average Volume | 142,549 |
| Average Volume10Days | 142,740 |
| Beta3 Year | 0.0 |
| Bid | 10.96 |
| Bid Size | 1,900 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 12.2786 |
| Day Low | 11.0 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.03222 |
| Fifty Day Average Change | -4.03222 |
| Fifty Day Average Change Percent | -0.26823848 |
| Fifty Two Week Change Percent | -41.320812 |
| Fifty Two Week High | 33.66 |
| Fifty Two Week High Change | -22.66 |
| Fifty Two Week High Change Percent | -0.67320263 |
| Fifty Two Week Low | 10.03 |
| Fifty Two Week Low Change | 0.97000027 |
| Fifty Two Week Low Change Percent | 0.0967099 |
| Fifty Two Week Range | 10.03 - 33.66 |
| First Trade Date Milliseconds | 1,763,044,200,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -1.4260998 |
| Fullday Change Percent | -11.476648 |
| Fullday Price | 11.27 |
| Fund Family | AXS |
| Fund Inception Date | 1,762,905,600 |
| 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 CLS. This may include CLS stock in addition to financial instruments. The fund is non-diversified. |
| Long Name | Tradr 2X Long CLS Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1966487423 |
| Nav Price | 12.4621 |
| Net Assets | 12,194,442.0 |
| Net Expense Ratio | 1.3 |
| Open | 12.15 |
| Phone | (414) 299-2295 |
| Post Market Change | 0.27000046 |
| Post Market Change Percent | 2.4545496 |
| Post Market Price | 11.27 |
| Post Market Time | 1,787,960,781 |
| Previous Close | 12.4261 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.4261 |
| Regular Market Change Percent | -11.4766 |
| Regular Market Day High | 12.2786 |
| Regular Market Day Low | 11.0 |
| Regular Market Day Range | 11.0 - 12.2786 |
| Regular Market Open | 12.15 |
| Regular Market Previous Close | 12.4261 |
| Regular Market Price | 11.0 |
| Regular Market Time | 1,787,947,180 |
| Regular Market Volume | 157,767 |
| Short Name | Tradr 2X Long CLS Daily ETF |
| Source Interval | 15 |
| Symbol | CSEX |
| Total Assets | 12,194,442 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -45.54822 |
| Trailing Three Month Returns | -45.54822 |
| Triggerable | 1 |
| Two Hundred Day Average | 18.081303 |
| Two Hundred Day Average Change | -7.0813026 |
| Two Hundred Day Average Change Percent | -0.39163676 |
| Type Disp | ETF |
| Volume | 157,767 |
| Ytd Return | -16.75195 |