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Tradr 2X Long ALAB Daily ETF (LABX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
115.10 USD -0.86 (-0.742%) ⇩ (July 14, 2026, 4 p.m. EDT)
After hours: 118.72 +3.62 (3.145%) ⇧ (July 14, 2026, 7:58 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 2:58 a.m. EDT

This instrument is a high-risk leveraged vehicle built on a fundamentally non-existent foundation. As a 2x long daily ETF tracking a newly launched product, it suffers from severe compounding decay and lacks any intrinsic business value or earnings to support its price. The recent price action confirms this fragility, with the stock swinging violently between $131 and $220 in just ten trading days, erasing nearly half its gains before the week ended. While the options chain shows aggressive speculation on both sides—traders buying deep puts to hedge against a collapse while simultaneously betting on a moonshot rally—the underlying reality is that this is a speculative bubble with no floor. The statistical forecasting model is completely useless here, showing very low confidence due to the erratic price noise. Investors should view this purely as a short-term momentum play with a high probability of total loss if the underlying trend reverses, rather than a long-term investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.556022
MSTL0.739081
AutoETS0.749173
AutoARIMA0.749186

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 20%
H-stat 94.01
Ljung-Box p 0.000
Jarque-Bera p 0.108
Excess Kurtosis -1.35

As of July 11, 2026, 2:58 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. The July expiration shows heavy out-of-the-money put open interest (223 contracts) versus calls (251), creating a 'strangle' bias against the stock. However, the September and December expirations reveal a massive concentration of deep in-the-money put open interest (hundreds of contracts at strikes like 25, 30, 130) alongside significant call volume at distant strikes (220, 260). This distribution suggests traders are hedging against a potential crash while simultaneously buying leverage for a potential surge, indicating a wait-and-see stance on a highly volatile asset.


Info Dump

Attribute Value
All Time High 234.25
All Time Low 12.0
Ask 118.23
Ask Size 100
Average Daily Volume10 Day 212,770
Average Daily Volume3 Month 309,434
Average Volume 309,434
Average Volume10Days 212,770
Beta3 Year 0.0
Bid 116.8
Bid Size 100
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 134.19
Day Low 115.1
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 114.4847
Fifty Day Average Change 0.6152954
Fifty Day Average Change Percent 0.0053744772
Fifty Two Week Change Percent 35.86409
Fifty Two Week High 234.25
Fifty Two Week High Change -119.15
Fifty Two Week High Change Percent -0.50864464
Fifty Two Week Low 12.0
Fifty Two Week Low Change 103.1
Fifty Two Week Low Change Percent 8.591666
Fifty Two Week Range 12.0 - 234.25
First Trade Date Milliseconds 1,755,005,400,000
Full Exchange Name Cboe US
Fund Family AXS
Fund Inception Date 1,754,870,400
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 ALAB. The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on ALAB. The fund is non-diversified.
Long Name Tradr 2X Long ALAB Daily ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1944655750
Nav Price 115.8822
Net Assets 136,298,928.0
Net Expense Ratio 1.3
Open 134.51
Phone (414) 299-2295
Post Market Change 3.6200027
Post Market Change Percent 3.1450937
Post Market Price 118.72
Post Market Time 1,784,073,484
Previous Close 115.96
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.860001
Regular Market Change Percent -0.741636
Regular Market Day High 134.19
Regular Market Day Low 115.1
Regular Market Day Range 115.1 - 134.19
Regular Market Open 134.51
Regular Market Previous Close 115.96
Regular Market Price 115.1
Regular Market Time 1,784,059,200
Regular Market Volume 142,775
Short Name Tradr 2X Long ALAB Daily ETF
Source Interval 15
Symbol LABX
Total Assets 136,298,928
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1,371.536
Trailing Three Month Returns 1,371.536
Triggerable 1
Two Hundred Day Average 60.687626
Two Hundred Day Average Change 54.412373
Two Hundred Day Average Change Percent 0.8965975
Type Disp ETF
Volume 142,775
Ytd Return 382.11523