Leverage Shares 2X Long IREN Daily ETF (IREG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
18.37 USD
+0.22
(1.196%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 18.09 -0.28 (-0.277%) ⇩ (April 17, 2026, 7:50 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:55 a.m. EDT
IREG is currently a high-risk leveraged instrument reacting violently to fundamental risk (IREN stock falling 50%+ YTD) despite technical momentum. The forecasting model explicitly predicts a -5% drop over the next 45 days, suggesting the 'dead cat bounce' (the rise to 18.37) is likely a contrarian trap given the deteriorating underlying conditions. Speculators are betting on a short-term capitulation, but the lack of leverage decay benefits and the dumping of assets make this a poor time to accumulate long-term leveraged exposure unless a specific resolution to IREN's debt issues occurs. Avoid adding leverage to a sinking ship. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.678074 |
| AutoTheta | 1.279143 |
| AutoETS | 1.671905 |
| MSTL | 1.708328 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 5.22 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.192 |
| Excess Kurtosis | 0.01 |
As of April 19, 2026, 12:55 a.m. EDT: Speculators are positioned for a sharp near-term downside with heavy put volume at strikes of 6.00 and 10.00 expiring 4/17, despite recent price strength. However, significant open interest exists in deep out-of-the-money calls (e.g., 47.00 strike in August), indicating asymmetric buyer hope for a massive spike. The market is effectively pricing a volatile, polarized future: either a crash to cover mining debt/royalty obligations or a massive upside if IREN's Microsoft/Google deals materialize.
| Attribute | Value |
|---|---|
| All Time High | 41.595 |
| All Time Low | 7.741 |
| Ask | 18.41 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 175,340 |
| Average Daily Volume3 Month | 119,777 |
| Average Volume | 119,777 |
| Average Volume10Days | 175,340 |
| Beta3 Year | 0.0 |
| Bid | 18.31 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.23 |
| Day Low | 17.7001 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.69816 |
| Fifty Day Average Change | 3.6689396 |
| Fifty Day Average Change Percent | 0.24961896 |
| Fifty Two Week Change Percent | 15.298176 |
| Fifty Two Week High | 41.595 |
| Fifty Two Week High Change | -23.227901 |
| Fifty Two Week High Change Percent | -0.55843014 |
| Fifty Two Week Low | 7.741 |
| Fifty Two Week Low Change | 10.6261 |
| Fifty Two Week Low Change Percent | 1.3727037 |
| Fifty Two Week Range | 7.741 - 41.595 |
| First Trade Date Milliseconds | 1,765,895,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,765,756,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-12-16 |
| 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 IREN, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Leverage Shares 2X Long IREN Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1969885436 |
| Nav Price | 18.3834 |
| Net Assets | 4,084,337.0 |
| Net Expense Ratio | 0.75 |
| Open | 19.23 |
| Post Market Change | -0.2770996 |
| Post Market Change Percent | -1.5086738 |
| Post Market Price | 18.09 |
| Post Market Time | 1,776,469,842 |
| Previous Close | 18.15 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.21710014 |
| Regular Market Change Percent | 1.1961441 |
| Regular Market Day High | 19.23 |
| Regular Market Day Low | 17.7001 |
| Regular Market Day Range | 17.7001 - 19.23 |
| Regular Market Open | 19.23 |
| Regular Market Previous Close | 18.15 |
| Regular Market Price | 18.3671 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 335,413 |
| Short Name | Leverage Shares 2X Long IREN Da |
| Source Interval | 15 |
| Symbol | IREG |
| Total Assets | 4,084,337 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -41.48827 |
| Trailing Three Month Returns | -41.48827 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.072739 |
| Two Hundred Day Average Change | -0.7056389 |
| Two Hundred Day Average Change Percent | -0.03699725 |
| Type Disp | ETF |
| Volume | 335,413 |
| Ytd Return | -41.48827 |