Leverage Shares 2X Long GLW Daily ETF (GLWG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
10.41 USD
-0.39
(-3.611%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:16 a.m. EDT
This instrument is a leveraged daily ETF tracking Goldman Sachs Group (GLW), which is currently in a severe secular downtrend. The price has collapsed from a high of $51 to around $13, representing a massive loss of capital for long holders. The technical picture is dire, with the price trading well below both the 50-day and 200-day moving averages, indicating persistent selling pressure. The leverage inherent in the 2x structure acts as a compounding force against the underlying asset's decline, making recovery exponentially harder without a sustained, violent reversal in the gold sector. The options market confirms this bearish sentiment, with traders aggressively buying puts to hedge against further drops rather than betting on a bounce. There is no dividend to provide income, and the lack of recent news suggests the market is simply digesting the ongoing deterioration. This is a classic 'value trap' scenario where the low price reflects a broken business model or sector headwinds, not a bargain. Avoid. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.208055 |
| AutoETS | 0.208072 |
| AutoTheta | 0.209701 |
| MSTL | 0.220281 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 0.32 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.446 |
| Excess Kurtosis | -0.75 |
As of Oct. 10, 2026, 9:16 a.m. EDT: Speculators are positioning for continued weakness, evidenced by heavy out-of-the-money put open interest relative to calls across all expirations. The 'top OI' strikes for puts are significantly lower than those for calls, creating a distinct downside bias. While there is some speculative volume in deep out-of-the-money calls (likely gamma scalping or lottery tickets), the dominant capital allocation is in protection against further declines.
| Attribute | Value |
|---|---|
| All Time High | 51.0 |
| All Time Low | 7.82 |
| Ask | 19.16 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 1,113,320 |
| Average Daily Volume3 Month | 1,320,301 |
| Average Volume | 1,320,301 |
| Average Volume10Days | 1,113,320 |
| Beta3 Year | 0.0 |
| Bid | 11.59 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 10.43 |
| Day Low | 9.585 |
| Display Name | 2X Long GLW 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 | 13.9824 |
| Fifty Day Average Change | -3.5724 |
| Fifty Day Average Change Percent | -0.25549263 |
| Fifty Two Week Change Percent | -35.096157 |
| Fifty Two Week High | 51.0 |
| Fifty Two Week High Change | -40.59 |
| Fifty Two Week High Change Percent | -0.79588234 |
| Fifty Two Week Low | 7.82 |
| Fifty Two Week Low Change | 2.5899997 |
| Fifty Two Week Low Change Percent | 0.331202 |
| Fifty Two Week Range | 7.82 - 51.0 |
| First Trade Date Milliseconds | 1,773,149,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.19999981 |
| Fullday Change Percent | 1.9212278 |
| Fullday Price | 10.61 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,773,014,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,026-03-10 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. It invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of the Underlying Security, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long GLW Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1973822045 |
| Nav Price | 10.8134 |
| Net Assets | 123,222,496.0 |
| Net Expense Ratio | 0.75 |
| Open | 9.87 |
| Pre Market Change | 0.19999981 |
| Pre Market Change Percent | 1.9212278 |
| Pre Market Price | 10.61 |
| Pre Market Time | 1,792,137,664 |
| Previous Close | 10.8 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.39 |
| Regular Market Change Percent | -3.61111 |
| Regular Market Day High | 10.43 |
| Regular Market Day Low | 9.585 |
| Regular Market Day Range | 9.585 - 10.43 |
| Regular Market Open | 9.87 |
| Regular Market Previous Close | 10.8 |
| Regular Market Price | 10.41 |
| Regular Market Time | 1,792,094,401 |
| Regular Market Volume | 704,184 |
| Short Name | Leverage Shares 2X Long GLW Dai |
| Source Interval | 15 |
| Symbol | GLWG |
| Total Assets | 123,222,496 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -70.84043 |
| Trailing Three Month Returns | -70.84043 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.872236 |
| Two Hundred Day Average Change | -9.462236 |
| Two Hundred Day Average Change Percent | -0.47615358 |
| Type Disp | ETF |
| Volume | 704,184 |