Tradr 2X Long GEV Daily ETF (GEVX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
66.38 USD
+0.03
(0.045%)
⇧
(April 21, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | April 18, 2026, 11:52 p.m. EDT
Hard avoid: A 2x leveraged fund (GEVX) that shows negative forecasted momentum (-2.8% expected return) amidst a news cycle focused on launching the product, not the underlying stock growth. The massive OTM put volume (38 contracts) vs. near-zero ATM call volume signals that smart money is positioning for a potential collapse or a volatile drawdown rather than a parabolic rally. The 2x leverage works against you significantly when implied volatility contracts on OTM strikes, effectively costing you 20-30% on paper returns even if the projection says 'up' directionally. Timing is wrong; sell the beta decay and lack of real-directional flow. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.372715 |
| MSTL | 0.374660 |
| AutoETS | 0.378588 |
| AutoTheta | 0.389795 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 4.72 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.043 |
| Excess Kurtosis | 0.24 |
As of April 18, 2026, 11:52 p.m. EDT: Options data reveals a paradoxical market state. Despite a 2X leveraged beta and recent price recovery, significant put volume is hitting deep out-of-the-money strikes (63% OTM), while call flow is concentrated in near-term ATM (99% OTM). IV is depressed on deep OTM calls and mostly non-existent on deep OTM puts, suggesting speculators are pricing in volatility only at the worst-case tails, not the upside momentum. The forecast model predicts a negative directional move (-2.8% over 45 days), contradicting the recent price action, likely due to convexity decay and the unique volatility compression in deep OTM strikes. No new ATM call flow detected indicates a lack of bullish near-term conviction despite the leverage premium.
| Attribute | Value |
|---|---|
| All Time High | 69.5 |
| All Time Low | 21.63 |
| Ask | 68.37 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 50,410 |
| Average Daily Volume3 Month | 98,554 |
| Average Volume | 98,554 |
| Average Volume10Days | 50,410 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 300 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 69.375 |
| Day Low | 65.63 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 53.1666 |
| Fifty Day Average Change | 13.213398 |
| Fifty Day Average Change Percent | 0.24852818 |
| Fifty Two Week Change Percent | 165.57312 |
| Fifty Two Week High | 69.5 |
| Fifty Two Week High Change | -3.1200027 |
| Fifty Two Week High Change Percent | -0.044892125 |
| Fifty Two Week Low | 21.63 |
| Fifty Two Week Low Change | 44.75 |
| Fifty Two Week Low Change Percent | 2.0688858 |
| Fifty Two Week Range | 21.63 - 69.5 |
| First Trade Date Milliseconds | 1,752,240,600,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,752,105,600 |
| 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 GEV. The fund is non-diversified. |
| Long Name | Tradr 2X Long GEV Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1948601422 |
| Nav Price | 66.1509 |
| Net Assets | 26,417,942.0 |
| Net Expense Ratio | 1.3 |
| Open | 66.65 |
| Phone | (414) 299-2295 |
| Pre Market Change | 1.949997 |
| Pre Market Change Percent | 2.9473956 |
| Pre Market Price | 68.11 |
| Pre Market Time | 1,776,849,048 |
| Previous Close | 66.35 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0299988 |
| Regular Market Change Percent | 0.0452129 |
| Regular Market Day High | 69.375 |
| Regular Market Day Low | 65.63 |
| Regular Market Day Range | 65.63 - 69.375 |
| Regular Market Open | 66.65 |
| Regular Market Previous Close | 66.35 |
| Regular Market Price | 66.38 |
| Regular Market Time | 1,776,801,600 |
| Regular Market Volume | 63,274 |
| Short Name | Tradr 2X Long GEV Daily ETF |
| Source Interval | 15 |
| Symbol | GEVX |
| Total Assets | 26,417,942 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 66.676 |
| Trailing Three Month Returns | 66.676 |
| Triggerable | 1 |
| Two Hundred Day Average | 36.474785 |
| Two Hundred Day Average Change | 29.905212 |
| Two Hundred Day Average Change Percent | 0.8198873 |
| Type Disp | ETF |
| Volume | 63,274 |
| Ytd Return | 66.676 |