Leverage Shares 2x Long FIG Daily ETF (FIGG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
15.53 USD
-2.56
(-14.108%) ⇩
(Oct. 16, 2026, 2:23 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:37 a.m. EDT
This leveraged ETF is currently in a severe downtrend, trading well below its 50-day and 200-day moving averages, which suggests significant capital rotation away from this sector. The technical picture is grim, with the price failing to hold key support levels. Compounding this weakness, the options market is screaming caution; traders are aggressively buying deep out-of-the-money puts to protect against further declines, while call activity remains sparse and speculative. The statistical forecast model also leans negative, though with low confidence, reinforcing the bearish sentiment. Given the leverage, the compounding drag from volatility decay in a falling market is likely eroding value rapidly. There is no dividend to provide any cushion. This is a strong sell signal for the near term. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.602051 |
| MSTL | 0.628552 |
| AutoETS | 0.647811 |
| AutoARIMA | 0.649272 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 1.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.847 |
| Excess Kurtosis | 0.42 |
As of Oct. 10, 2026, 10:37 a.m. EDT: Speculators are overwhelmingly positioned for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes at 1.0 and 13.0) compared to negligible call volume. While there is some new buying in far-out calls (40 strike), the dominant theme is hedging against a collapse, with put volume significantly exceeding call volume across nearly all expirations.
| Attribute | Value |
|---|---|
| All Time High | 326.8 |
| All Time Low | 12.4 |
| Ask | 37.79 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 93,210 |
| Average Daily Volume3 Month | 142,453 |
| Average Volume | 142,453 |
| Average Volume10Days | 93,210 |
| Beta3 Year | 0.0 |
| Bid | 22.92 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.72 |
| Day Low | 15.415 |
| Display Name | 2x Long FIG Daily ETF |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.74992 |
| Fifty Day Average Change | -5.2249203 |
| Fifty Day Average Change Percent | -0.25180435 |
| Fifty Two Week Change Percent | -92.11994 |
| Fifty Two Week High | 242.5 |
| Fifty Two Week High Change | -226.975 |
| Fifty Two Week High Change Percent | -0.9359794 |
| Fifty Two Week Low | 12.4 |
| Fifty Two Week Low Change | 3.125 |
| Fifty Two Week Low Change Percent | 0.25201613 |
| Fifty Two Week Range | 12.4 - 242.5 |
| First Trade Date Milliseconds | 1,760,448,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.5550003 |
| Fullday Change Percent | -14.108229 |
| Fullday Price | 15.525 |
| 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 | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1956249973 |
| Nav Price | 15.8468 |
| Net Assets | 11,893,446.0 |
| Net Expense Ratio | 0.75 |
| Open | 18.72 |
| Previous Close | 18.08 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.5550003 |
| Regular Market Change Percent | -14.108229 |
| Regular Market Day High | 18.72 |
| Regular Market Day Low | 15.415 |
| Regular Market Day Range | 15.415 - 18.72 |
| Regular Market Open | 18.72 |
| Regular Market Previous Close | 18.08 |
| Regular Market Price | 15.525 |
| Regular Market Time | 1,792,175,014 |
| Regular Market Volume | 62,019 |
| Short Name | Leverage Shares 2x Long FIG Dai |
| Source Interval | 15 |
| Symbol | FIGG |
| Total Assets | 11,893,446 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 8.72387 |
| Trailing Three Month Returns | 8.72387 |
| Triggerable | 1 |
| Two Hundred Day Average | 29.21179 |
| Two Hundred Day Average Change | -13.68679 |
| Two Hundred Day Average Change Percent | -0.46853653 |
| Type Disp | ETF |
| Volume | 62,019 |
| Ytd Return | -83.15004 |