Direxion Daily LLY Bull 2X Shares (ELIL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
19.53 USD
+0.96
(5.170%)
⇧
(April 17, 2026, 4 p.m.
EDT)
Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 11:45 p.m. EDT
ELIL is a functional trading vehicle for Leveraged ETF investors, but the fundamental 'investment' thesis is zero due to the inherent 2x decay of the underlying index combined with the data showing significant capital outflows. Despite a recent short-term recovery in price, the heavy reliance on calendar month ETFs creates a high-frequency churn environment where time decay magnifies drawdowns. The options data is noisy and potentially erroneous, preventing a confident short-term momentum call. This is a speculative tool for single-stock Beta exposure to Eli Lilly, not a buy-and-hold asset; expecting long-term capital appreciation akin to the underlying stock is statistically impossible due to compounding drag. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.161765 |
| AutoETS | 0.161769 |
| MSTL | 0.174402 |
| AutoTheta | 0.195693 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 32.07 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.222 |
| Excess Kurtosis | -1.26 |
| Attribute | Value |
|---|---|
| Trailing P/E | 46.42 |
As of April 18, 2026, 11:45 p.m. EDT: Options data reveals a bifurcated and unnatural flow structure. Call total implied volatility (exp_vol) is recorded as 0% for the June 18 expiration (though significant OI exists), while ATM IV for the May 15 call is a high 0.85. The put data shows massive 123% and 670%+ IV relative to standard normalization for the nearest expirations, suggesting extreme pricing inefficiencies or data anomalies. Strategically, there is a heavy Call Open Interest Wall at the 20.0-20.24 strike range for the June 18 leg, indicating a speculative bullish defense level around $34.50. However, the call volume/organization is highly skewed (10% volume vs 90% open interest at various strikes), indicating a lack of active directional speculation in favor of hedging or synthetic positioning. The presence of specific, large strike prices (e.g., $6.24, $9.24) for a 2x ETF with an underlying near $18.66 suggests mechanical data entry errors or synthetic option expiry mismatch, making technical positioning unreliable as a pure signal.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.053 | 0.282818 |
| 2025-12-23 | 0.132 | 0.471557 |
| 2025-12-10 | 2.760 | 11.376843 |
| 2025-09-23 | 0.092 | 0.641865 |
| 2025-06-24 | 0.103 | 0.615638 |
| Attribute | Value |
|---|---|
| All Time High | 34.28 |
| All Time Low | 11.496 |
| Ask | 19.55 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 77,480 |
| Average Daily Volume3 Month | 116,285 |
| Average Volume | 116,285 |
| Average Volume10Days | 77,480 |
| Beta3 Year | 0.0 |
| Bid | 19.43 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.65 |
| Day Low | 19.201 |
| Dividend Yield | 16.2 |
| Eps Trailing Twelve Months | 0.42069206 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 22.06414 |
| Fifty Day Average Change | -2.5341396 |
| Fifty Day Average Change Percent | -0.114853315 |
| Fifty Two Week Change Percent | -11.780649 |
| Fifty Two Week High | 34.28 |
| Fifty Two Week High Change | -14.749998 |
| Fifty Two Week High Change Percent | -0.43028 |
| Fifty Two Week Low | 11.496 |
| Fifty Two Week Low Change | 8.034 |
| Fifty Two Week Low Change Percent | 0.69885176 |
| Fifty Two Week Range | 11.496 - 34.28 |
| First Trade Date Milliseconds | 1,743,082,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,742,860,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-03-26 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of LLY and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to LLY, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Direxion Daily LLY Bull 2X Shares |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1901305177 |
| Nav Price | 19.507 |
| Net Assets | 12,598,426.0 |
| Net Expense Ratio | 1.07 |
| Open | 19.3184 |
| Phone | 866-476-7523 |
| Previous Close | 18.57 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.960001 |
| Regular Market Change Percent | 5.16963 |
| Regular Market Day High | 19.65 |
| Regular Market Day Low | 19.201 |
| Regular Market Day Range | 19.201 - 19.65 |
| Regular Market Open | 19.3184 |
| Regular Market Previous Close | 18.57 |
| Regular Market Price | 19.53 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 70,546 |
| Short Name | Direxion Daily LLY Bull 2X ETF |
| Source Interval | 15 |
| Symbol | ELIL |
| Total Assets | 12,598,426 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 46.423508 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -31.32558 |
| Trailing Three Month Returns | -31.32558 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.865564 |
| Two Hundred Day Average Change | -2.3355637 |
| Two Hundred Day Average Change Percent | -0.1068147 |
| Type Disp | ETF |
| Volume | 70,546 |
| Yield | 0.162 |
| Ytd Return | -31.32558 |