Tradr 2X Long IREN Daily ETF (IREX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
10.55 USD
-3.60
(-25.442%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 10.68 +0.13 (1.232%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:37 a.m. EDT
This instrument is a high-risk leveraged vehicle that has suffered a catastrophic structural decline, making it unsuitable for traditional investment strategies. The underlying asset, IREN, has driven this ETF down approximately 90% from its 52-week high of $155 to the current range of $12-$17. While the recent 14-day price action shows a temporary technical bounce off the lows, the momentum remains deeply bearish, trading well below both the 50-day and 200-day moving averages. The lack of any dividend history confirms this is purely a speculative play on volatility. Options activity reveals a market anticipating a 'coin flip' scenario—either a massive recovery or further collapse—rather than a steady trend. Given the compounding decay inherent in daily-leveraged products during prolonged downtrends and the absence of any fundamental recovery catalyst in the data, the outlook is severely negative. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.498735 |
| AutoTheta | 0.499870 |
| MSTL | 0.528378 |
| AutoARIMA | 0.832796 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 1.80 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.432 |
| Excess Kurtosis | 0.91 |
| Attribute | Value |
|---|---|
| Trailing P/E | 9.24 |
As of Aug. 22, 2026, 5:37 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. Call volume is heavily skewed toward out-of-the-money strikes (23, 28, 32, 45), indicating bets on a massive surge, while put volume clusters around the money and slightly out-of-the-money (13, 15, 18), suggesting a hedge against a drop to the 52-week low. The presence of massive implied volatility spikes at deep out-of-the-money strikes (56, 57, 63 for calls; 48 for puts) suggests traders are pricing in a binary event where the price could either double or halve, reflecting the inherent instability of a leveraged daily ETF.
| Attribute | Value |
|---|---|
| All Time High | 155.277 |
| All Time Low | 8.058 |
| Ask | 10.72 |
| Ask Size | 3,500 |
| Average Daily Volume10 Day | 1,482,540 |
| Average Daily Volume3 Month | 1,176,947 |
| Average Volume | 1,176,947 |
| Average Volume10Days | 1,482,540 |
| Beta3 Year | 0.0 |
| Bid | 10.51 |
| Bid Size | 3,500 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 12.33 |
| Day Low | 10.1301 |
| Eps Trailing Twelve Months | 1.141751 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.5752 |
| Fifty Day Average Change | -7.025199 |
| Fifty Day Average Change Percent | -0.3997223 |
| Fifty Two Week Change Percent | -87.79783 |
| Fifty Two Week High | 155.277 |
| Fifty Two Week High Change | -144.72699 |
| Fifty Two Week High Change Percent | -0.9320569 |
| Fifty Two Week Low | 8.058 |
| Fifty Two Week Low Change | 2.4920006 |
| Fifty Two Week Low Change Percent | 0.30925795 |
| Fifty Two Week Range | 8.058 - 155.277 |
| First Trade Date Milliseconds | 1,761,226,200,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -3.6 |
| Fullday Change Percent | -25.4417 |
| Fullday Price | 10.68 |
| Fund Family | AXS |
| Fund Inception Date | 1,761,091,200 |
| 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 IREN. This may include IREN stock in addition to financial instruments. The fund is non-diversified. |
| Long Name | Tradr 2X Long IREN Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1960496714 |
| Nav Price | 14.0861 |
| Net Assets | 46,463,904.0 |
| Net Expense Ratio | 1.3 |
| Open | 12.14 |
| Phone | (414) 299-2295 |
| Post Market Change | 0.13000011 |
| Post Market Change Percent | 1.2322285 |
| Post Market Price | 10.68 |
| Post Market Time | 1,787,961,590 |
| Previous Close | 14.15 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -3.6 |
| Regular Market Change Percent | -25.4417 |
| Regular Market Day High | 12.33 |
| Regular Market Day Low | 10.1301 |
| Regular Market Day Range | 10.1301 - 12.33 |
| Regular Market Open | 12.14 |
| Regular Market Previous Close | 14.15 |
| Regular Market Price | 10.55 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 3,061,236 |
| Short Name | Tradr 2X Long IREN Daily ETF |
| Source Interval | 15 |
| Symbol | IREX |
| Total Assets | 46,463,904 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 9.240193 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -56.90731 |
| Trailing Three Month Returns | -56.90731 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.581726 |
| Two Hundred Day Average Change | -23.031727 |
| Two Hundred Day Average Change Percent | -0.6858411 |
| Type Disp | ETF |
| Volume | 3,061,236 |
| Ytd Return | -59.31783 |