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T-Rex 2X Long FIGR Daily Target ETF (FGRU)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
12.58 USD -1.42 (-10.143%) ⇩ (Aug. 28, 2026, 3:55 p.m. EDT)
After hours: 12.50 -0.08 (-0.080%) ⇩ (Aug. 28, 2026, 7:49 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:12 a.m. EDT

The most compelling signal here is the explosive short-term momentum. The fund has rallied nearly 16% in just two weeks, surging from the $8 range to close at $15.08, effectively reclaiming its 52-week highs. This aggressive price action suggests a successful leveraged bet on the underlying energy sector, which has been highlighted in recent news regarding geopolitical tensions and rising oil prices. However, this is a classic leveraged ETF scenario: the underlying asset is volatile, and the 2x daily compounding creates a severe drag on returns during any consolidation or reversal. The statistical forecast model offers zero directional guidance, correctly identifying the noise inherent in such a volatile instrument. While the options market is hedging against a crash in December while dreaming of a moonshot in 2027, the immediate outlook remains bullish due to the recent trend. Investors must be acutely aware that holding this through a sideways market will result in rapid decay, making this a trade for momentum rather than a hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.222252
AutoETS0.232628
AutoARIMA0.241446
AutoTheta0.297680

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 29%
H-stat 2.67
Ljung-Box p 0.000
Jarque-Bera p 0.579
Excess Kurtosis -0.73

As of Aug. 22, 2026, 3:12 a.m. EDT: Speculators are positioning for significant volatility and potential downside protection. Heavy open interest exists in deep out-of-the-money puts (strikes 7.0 and 8.0) expiring in December 2026, suggesting a fear of a sharp drop toward the 52-week low. Conversely, there is notable open interest in deep out-of-the-money calls (strike 19.0) expiring March 2027, indicating a speculative bet on a massive rally to double-digit gains. The near-term September expiration shows very low volume and open interest, implying traders are avoiding short-dated bets until the December catalyst arrives.


Info Dump

Attribute Value
All Time High 26.1
All Time Low 6.05
Ask 13.12
Ask Size 100
Average Daily Volume10 Day 56,530
Average Daily Volume3 Month 64,231
Average Volume 64,231
Average Volume10Days 56,530
Beta3 Year 0.0
Bid 12.42
Bid Size 200
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 13.925
Day Low 12.4309
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.3052
Fifty Day Average Change 2.2748003
Fifty Day Average Change Percent 0.22074296
Fifty Two Week Change Percent -45.3756
Fifty Two Week High 26.1
Fifty Two Week High Change -13.52
Fifty Two Week High Change Percent -0.5180077
Fifty Two Week Low 6.05
Fifty Two Week Low Change 6.5299997
Fifty Two Week Low Change Percent 1.0793388
Fifty Two Week Range 6.05 - 26.1
First Trade Date Milliseconds 1,771,425,000,000
Full Exchange Name Cboe US
Fullday Change -1.4200001
Fullday Change Percent -10.142858
Fullday Price 12.5
Fund Family Rex
Fund Inception Date 1,771,286,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The 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% exposure to the price performance of FIGR on a daily basis. The fund will attempt to achieve its investment objective without regard to overall market movement or the increase or decrease of the value of FIGR. The fund is non-diversified.
Long Name T-Rex 2X Long FIGR Daily Target ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1978438704
Nav Price 14.036
Net Assets 2,333,634.0
Net Expense Ratio 1.5
Open 13.84
Post Market Change -0.07999992
Post Market Change Percent -0.63592947
Post Market Price 12.5
Post Market Time 1,787,960,949
Previous Close 14.0
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.42
Regular Market Change Percent -10.1429
Regular Market Day High 13.925
Regular Market Day Low 12.4309
Regular Market Day Range 12.4309 - 13.925
Regular Market Open 13.84
Regular Market Previous Close 14.0
Regular Market Price 12.58
Regular Market Time 1,787,946,955
Regular Market Volume 32,059
Short Name T-REX 2X Long FIGR Daily Target
Source Interval 15
Symbol FGRU
Total Assets 2,333,634
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -58.84385
Trailing Three Month Returns -58.84385
Triggerable 1
Two Hundred Day Average 13.489776
Two Hundred Day Average Change -0.90977573
Two Hundred Day Average Change Percent -0.06744187
Type Disp ETF
Volume 32,059