Tradr 2X Long ALAB Daily ETF (LABX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
11.01 USD
+0.14
(1.273%)
⇧
(Aug. 31, 2026, 10:56 a.m.
EDT)
|
Hot Take ↕ | Aug. 22, 2026, 4:30 a.m. EDT
This instrument is a leveraged daily ETF tracking a single stock (ALAB), making it inherently volatile and unsuitable for standard long-term holding strategies. The recent price action shows a brutal decline from the $17.71 high in early August to the $10.52 low recently, erasing nearly half its value in just two weeks. While the upcoming 6-for-1 stock split will reduce the per-share price, it does not alter the underlying leverage decay or the severe drawdown. The options market reflects this uncertainty with heavy positioning at both the top and bottom of the range, implying a potential 'V' shape or continued chop, but the fundamental reality remains that leveraged products suffer from compounding drag during sideways or declining markets. Without a confirmed, sustained reversal in the underlying asset, the risk of further capital loss outweighs the speculative upside. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.315314 |
| AutoARIMA | 0.315330 |
| AutoETS | 0.315330 |
| AutoTheta | 0.315344 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 1.21 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.381 |
| Excess Kurtosis | -1.01 |
As of Aug. 22, 2026, 4:30 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional breakout. Call volume is concentrated at strikes significantly above the current price (14.17, 18.0), suggesting bets on a sharp rally, while put volume is heavy at lower strikes (4.17, 8.0) indicating fear of a crash. The massive open interest walls at both extremes suggest traders expect a binary event or a continuation of the recent choppy range, with implied volatility pricing in a wide swing either way.
| Attribute | Value |
|---|---|
| All Time High | 39.041668 |
| All Time Low | 2.0 |
| Ask | 11.14 |
| Ask Size | 1,800 |
| Average Daily Volume10 Day | 1,144,420 |
| Average Daily Volume3 Month | 1,226,236 |
| Average Volume | 1,226,236 |
| Average Volume10Days | 1,144,420 |
| Beta3 Year | 0.0 |
| Bid | 11.07 |
| Bid Size | 1,300 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.35 |
| Day Low | 10.8805 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.523167 |
| Fifty Day Average Change | -6.5147667 |
| Fifty Day Average Change Percent | -0.37178022 |
| Fifty Two Week Change Percent | -5.1483393 |
| Fifty Two Week High | 39.041668 |
| Fifty Two Week High Change | -28.033268 |
| Fifty Two Week High Change Percent | -0.71803457 |
| Fifty Two Week Low | 2.0 |
| Fifty Two Week Low Change | 9.0084 |
| Fifty Two Week Low Change Percent | 4.5042 |
| Fifty Two Week Range | 2.0 - 39.041668 |
| First Trade Date Milliseconds | 1,755,005,400,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.13840008 |
| Fullday Change Percent | 1.2732298 |
| Fullday Price | 11.0084 |
| 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 Advisor attempts to consistently apply leverage to increase the fund’s exposure to 200% of ALAB, and expects to rebalance the fund’s holdings daily to maintain such exposure. The fund is non-diversified. |
| Long Name | Tradr 2X Long ALAB Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1944655750 |
| Nav Price | 11.9364 |
| Net Assets | 58,577,692.0 |
| Net Expense Ratio | 1.3 |
| Open | 10.77 |
| Phone | (414) 299-2295 |
| Previous Close | 10.87 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.13840008 |
| Regular Market Change Percent | 1.2732298 |
| Regular Market Day High | 11.35 |
| Regular Market Day Low | 10.8805 |
| Regular Market Day Range | 10.8805 - 11.35 |
| Regular Market Open | 10.77 |
| Regular Market Previous Close | 10.87 |
| Regular Market Price | 11.0084 |
| Regular Market Time | 1,788,188,198 |
| Regular Market Volume | 155,362 |
| Short Name | Tradr 2X Long ALAB Daily ETF |
| Source Interval | 15 |
| Symbol | LABX |
| Total Assets | 58,577,692 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 81.6438 |
| Trailing Three Month Returns | 81.6438 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.367937 |
| Two Hundred Day Average Change | 0.6404629 |
| Two Hundred Day Average Change Percent | 0.061773416 |
| Type Disp | ETF |
| Volume | 155,362 |
| Ytd Return | 73.7194 |