Defiance Daily Target 2X Long IREN ETF (IRE)NYSEArca
7.32 USD
-2.49
(-25.382%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 7.39 +0.07 (0.936%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:01 a.m. EDT
This instrument is a leveraged daily ETF tracking a mining company, making it inherently unstable for any investment horizon beyond a single day. The price history confirms this volatility, showing a brutal decline from a high of $124.68 to the current $10.61—a loss of nearly 92%—despite recent headlines of a rally. The lack of any dividend history and the absence of multi-year price anchors mean there is no income floor and no proven business resilience to rely on. While the recent news of a rally suggests the underlying asset might be recovering, the leveraged structure of this ETF means it will suffer from significant decay if the underlying asset does not trend perfectly upward every single day. The options data shows traders expecting chaos, not a smooth recovery. For a standard investor, this is a speculative vehicle to trade, not a place to invest capital. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.775650 |
| AutoARIMA | 0.801154 |
| AutoETS | 0.801155 |
| AutoTheta | 1.276287 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 22% |
| H-stat | 32.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.271 |
| Excess Kurtosis | -1.14 |
As of Aug. 22, 2026, 5:01 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. In the September expiration, there is a massive volume spike at deep out-of-the-money strikes (2.0 and 3.0) alongside a heavy wall at 20.0, suggesting bets on a binary event or a crash. However, the December and March expirations reveal a stark divergence: while call volume spikes at very high strikes (40.0, 52.0, 60.0), put volume is overwhelmingly concentrated at extremely deep out-of-the-money strikes (60.0) with negligible activity at realistic downside levels. This indicates a 'long gamma' environment where traders are hedging against a potential collapse while simultaneously buying cheap insurance for a massive rally, creating a volatile, choppy trading range.
| Attribute | Value |
|---|---|
| All Time High | 124.68 |
| All Time Low | 5.7 |
| Ask | 7.4 |
| Ask Size | 1,300 |
| Average Daily Volume10 Day | 7,900,800 |
| Average Daily Volume3 Month | 7,238,401 |
| Average Volume | 7,238,401 |
| Average Volume10Days | 7,900,800 |
| Bid | 7.35 |
| Bid Size | 1,300 |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 7.32 |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.56 |
| Day Low | 7.01 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.4958 |
| Fifty Day Average Change | -5.1758 |
| Fifty Day Average Change Percent | -0.41420317 |
| Fifty Two Week Change Percent | -89.45245 |
| Fifty Two Week High | 124.68 |
| Fifty Two Week High Change | -117.36 |
| Fifty Two Week High Change Percent | -0.9412897 |
| Fifty Two Week Low | 5.7 |
| Fifty Two Week Low Change | 1.6200004 |
| Fifty Two Week Low Change Percent | 0.2842106 |
| Fifty Two Week Range | 5.7 - 124.68 |
| First Trade Date Milliseconds | 1,761,053,400,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -2.49 |
| Fullday Change Percent | -25.3823 |
| Fullday Price | 7.3885 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Long Name | Defiance Daily Target 2X Long IREN ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1962728068 |
| Open | 8.37 |
| Post Market Change | 0.06850004 |
| Post Market Change Percent | 0.9357929 |
| Post Market Price | 7.3885 |
| Post Market Time | 1,787,961,599 |
| Previous Close | 9.81 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -2.49 |
| Regular Market Change Percent | -25.3823 |
| Regular Market Day High | 8.56 |
| Regular Market Day Low | 7.01 |
| Regular Market Day Range | 7.01 - 8.56 |
| Regular Market Open | 8.37 |
| Regular Market Previous Close | 9.81 |
| Regular Market Price | 7.32 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 16,796,966 |
| Short Name | Defiance Daily Target 2X Long I |
| Source Interval | 15 |
| Symbol | IRE |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 25.49195 |
| Two Hundred Day Average Change | -18.17195 |
| Two Hundred Day Average Change Percent | -0.7128505 |
| Type Disp | Equity |
| Volume | 16,796,966 |