Leverage Shares 2X Long GLXY Daily ETF (GLGG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
8.31 USD
+0.92
(12.449%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 8.40 +0.09 (1.083%) ⇧ (April 17, 2026, 6:39 p.m. EDT) Short-term: ☆☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 10:43 p.m. EDT
Extreme caution is warranted on this leveraged instrument. While recent price action shows an aggressive rally (upwards of +65% over two weeks), the statistical models flagged as high-risk (significant heteroscedasticity and autocorrelation rejection in p-values) with a predicted -4% directional change. Combined with a massive wedge of OTM puts open interest signaling fear or a decision to bank gains, the short-term technicals are flashing a red light. The long-term outlook is dismal (rating 1) due to the compound risk of a 2x leveraged ETF in a down or stagnant market relative to its underlyer, making this a classic 'catch a falling knife' risk as the counter-trend momentum reverses. |
| Model | MAE |
|---|---|
| MSTL ✓ | 1.062537 |
| AutoTheta | 1.072786 |
| AutoETS | 1.073916 |
| AutoARIMA | 1.073927 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 37% |
| H-stat | 1.77 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.89 |
As of April 18, 2026, 10:43 p.m. EDT: Speculative pressure is skewed towards downside protection in the near term. The April 17 expiration shows near-open interest being dominated by OTM puts (OI=56 vs Vol=18) centered at strikes 5.0 and 6.0, suggesting hedging for a volatility spike or drop from recent highs. In contrast, call activity is sparse and heavily weighted towards deep ITM strikes (e.g., 43.0 in June), likely liquidity bridges or tax-loss harvesting rather than directional bets. The stark difference in OTM call volume vs put volume indicates a 'short gamma' or 'protective put' sentiment, where speculators are positioning against the recent surge.
| Attribute | Value |
|---|---|
| All Time High | 45.8 |
| All Time Low | 3.45 |
| Ask | 9.93 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 54,760 |
| Average Daily Volume3 Month | 73,201 |
| Average Volume | 73,201 |
| Average Volume10Days | 54,760 |
| Beta3 Year | 0.0 |
| Bid | 6.38 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.005 |
| Day Low | 7.7 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.08874 |
| Fifty Day Average Change | 2.2212605 |
| Fifty Day Average Change Percent | 0.3648145 |
| Fifty Two Week Change Percent | -41.818947 |
| Fifty Two Week High | 45.8 |
| Fifty Two Week High Change | -37.489998 |
| Fifty Two Week High Change Percent | -0.81855893 |
| Fifty Two Week Low | 3.45 |
| Fifty Two Week Low Change | 4.8600006 |
| Fifty Two Week Low Change Percent | 1.4086958 |
| Fifty Two Week Range | 3.45 - 45.8 |
| First Trade Date Milliseconds | 1,755,783,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,755,648,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-08-21 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of GLXY, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long GLXY Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1871798035 |
| Nav Price | 8.2631 |
| Net Assets | 1,876,366.0 |
| Net Expense Ratio | 0.76 |
| Open | 7.93 |
| Post Market Change | 0.0899992 |
| Post Market Change Percent | 1.0830228 |
| Post Market Price | 8.4 |
| Post Market Time | 1,776,465,597 |
| Previous Close | 7.39 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.920001 |
| Regular Market Change Percent | 12.4493 |
| Regular Market Day High | 9.005 |
| Regular Market Day Low | 7.7 |
| Regular Market Day Range | 7.7 - 9.005 |
| Regular Market Open | 7.93 |
| Regular Market Previous Close | 7.39 |
| Regular Market Price | 8.31 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 90,797 |
| Short Name | Leverage Shares 2X Long GLXY Da |
| Source Interval | 15 |
| Symbol | GLGG |
| Total Assets | 1,876,366 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -51.78023 |
| Trailing Three Month Returns | -51.78023 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.342515 |
| Two Hundred Day Average Change | -7.0325146 |
| Two Hundred Day Average Change Percent | -0.4583678 |
| Type Disp | ETF |
| Volume | 90,797 |
| Ytd Return | -51.78023 |