Leverage Shares 2x Long FIG Daily ETF (FIGG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
23.38 USD
+4.63
(24.705%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:22 a.m. EDT
This is a distressed leveraged ETF with no income and severe technical damage. The price has collapsed from a high of $326.80 to around $19, representing a catastrophic loss of value typical of leveraged products during a prolonged downtrend. The recent 14-day price action shows a volatile but generally lower trading range, failing to reclaim key moving averages. Crucially, the options market is screaming 'sell'; the massive concentration of put open interest suggests investors are betting hard against any recovery. As a 2x long daily fund, FIGG suffers from compounding decay; holding it through a sideways or down market erodes capital rapidly. With no dividends to offset losses and a statistical model predicting further downside (albeit with low confidence), there is no setup here for a contrarian bounce. The structure of the trade is broken, and the options flow confirms that smart money is not looking for a bottom. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.185687 |
| MSTL | 0.191876 |
| AutoTheta | 0.530945 |
| AutoARIMA | 0.568403 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 0.67 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.715 |
| Excess Kurtosis | -0.43 |
As of July 11, 2026, 4:22 a.m. EDT: Speculators are overwhelmingly positioning for downside protection. In the near term (July expiration), put volume significantly exceeds call volume, with heavy open interest at strikes below the current price. For later expirations (September and December), the market is almost entirely hedged with deep out-of-the-money puts, while call activity is negligible. This indicates a strong consensus among retail traders that further declines are likely, despite the asset being a leveraged daily ETF.
| Attribute | Value |
|---|---|
| All Time High | 326.8 |
| All Time Low | 12.4 |
| Ask | 23.33 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 220,340 |
| Average Daily Volume3 Month | 276,262 |
| Average Volume | 276,262 |
| Average Volume10Days | 220,340 |
| Beta3 Year | 0.0 |
| Bid | 23.04 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 23.7097 |
| Day Low | 19.61 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.8351 |
| Fifty Day Average Change | 3.5471 |
| Fifty Day Average Change Percent | 0.17882945 |
| Fifty Two Week Change Percent | -93.01484 |
| Fifty Two Week High | 326.8 |
| Fifty Two Week High Change | -303.4178 |
| Fifty Two Week High Change Percent | -0.928451 |
| Fifty Two Week Low | 12.4 |
| Fifty Two Week Low Change | 10.982201 |
| Fifty Two Week Low Change Percent | 0.88566136 |
| Fifty Two Week Range | 12.4 - 326.8 |
| First Trade Date Milliseconds | 1,760,448,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,760,313,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-14 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. The fund invests at least 80% of its net assets in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of FIG, consistent with the fund’s investment objective. The fund manager will attempt to achieve its investment objective without regard to overall market movement or the increase or decrease in the value of FIG. The fund is non-diversified. |
| Long Name | Leverage Shares 2x Long FIG Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1956249973 |
| Nav Price | 18.7647 |
| Net Assets | 13,414,109.0 |
| Net Expense Ratio | 0.75 |
| Open | 19.61 |
| Pre Market Change | -0.9248009 |
| Pre Market Change Percent | -3.9742193 |
| Pre Market Price | 22.3452 |
| Pre Market Time | 1,784,021,607 |
| Previous Close | 18.75 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 4.6322002 |
| Regular Market Change Percent | 24.705067 |
| Regular Market Day High | 23.7097 |
| Regular Market Day Low | 19.61 |
| Regular Market Day Range | 19.61 - 23.7097 |
| Regular Market Open | 19.61 |
| Regular Market Previous Close | 18.75 |
| Regular Market Price | 23.3822 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 303,213 |
| Short Name | Leverage Shares 2x Long FIG Dai |
| Source Interval | 15 |
| Symbol | FIGG |
| Total Assets | 13,414,109 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -40.63135 |
| Trailing Three Month Returns | -40.63135 |
| Triggerable | 1 |
| Two Hundred Day Average | 61.614677 |
| Two Hundred Day Average Change | -38.232475 |
| Two Hundred Day Average Change Percent | -0.6205092 |
| Type Disp | ETF |
| Volume | 303,213 |
| Ytd Return | -84.50206 |