Tradr 2X Long Lite Daily ETF (LITX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
26.78 USD
-2.38
(-8.162%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 2:52 a.m. EDT
The Tradr 2X Long Lite Daily ETF is currently trapped in a severe short-term downtrend, having lost nearly 40% of its value over the last two weeks despite a recent 20% surge. This violent volatility is characteristic of leveraged products, where the compounding effect of daily resets has eroded capital rapidly. The technical picture is dire, with the price trading well below both the 50-day and 200-day moving averages, confirming a structural breakdown rather than a temporary dip. The options market reinforces this bearish sentiment, with traders establishing massive protective floors at lower price levels, suggesting they expect further declines. There is no dividend income to offset these losses, and the lack of historical price data prevents any assessment of long-term business quality. For a leveraged instrument, the recent price action serves as a stark warning: the momentum has turned decisively against the long side, and the path of least resistance remains downward. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.140850 |
| AutoETS | 0.153759 |
| MSTL | 0.156032 |
| AutoTheta | 0.246585 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 0.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.447 |
| Excess Kurtosis | -0.82 |
As of July 11, 2026, 2:52 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes significantly below the current price (e.g., $25, $23, $18), creating a substantial floor. While there is some call activity at higher strikes ($45-$75), the overwhelming open interest concentration in the downside suggests a fear of a sharp correction or a belief that the recent rally is unsustainable. Implied volatility is elevated on deep out-of-the-money puts, indicating a high probability of large downside moves.
| Attribute | Value |
|---|---|
| All Time High | 62.79 |
| All Time Low | 9.232333 |
| Ask | 28.71 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 2,561,990 |
| Average Daily Volume3 Month | 5,734,995 |
| Average Volume | 5,734,995 |
| Average Volume10Days | 2,561,990 |
| Beta3 Year | 0.0 |
| Bid | 29.09 |
| Bid Size | 1,000 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.72 |
| Day Low | 26.285 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 39.7984 |
| Fifty Day Average Change | -13.0184 |
| Fifty Day Average Change Percent | -0.32710862 |
| Fifty Two Week Change Percent | 162.74652 |
| Fifty Two Week High | 62.79 |
| Fifty Two Week High Change | -36.010002 |
| Fifty Two Week High Change Percent | -0.57349896 |
| Fifty Two Week Low | 9.232333 |
| Fifty Two Week Low Change | 17.547668 |
| Fifty Two Week Low Change Percent | 1.9006754 |
| Fifty Two Week Range | 9.232333 - 62.79 |
| First Trade Date Milliseconds | 1,769,524,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,769,385,600 |
| 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 LITE. This may include LITE stock in addition to financial instruments. The fund is non-diversified. |
| Long Name | Tradr 2X Long Lite Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1976413604 |
| Nav Price | 29.2497 |
| Net Assets | 408,848,128.0 |
| Net Expense Ratio | 1.49 |
| Open | 27.53 |
| Phone | (414) 299-2295 |
| Pre Market Change | 2.8799992 |
| Pre Market Change Percent | 10.758308 |
| Pre Market Price | 29.65 |
| Pre Market Time | 1,784,032,233 |
| Previous Close | 29.16 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.38 |
| Regular Market Change Percent | -8.16186 |
| Regular Market Day High | 29.72 |
| Regular Market Day Low | 26.285 |
| Regular Market Day Range | 26.285 - 29.72 |
| Regular Market Open | 27.53 |
| Regular Market Previous Close | 29.16 |
| Regular Market Price | 26.78 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 1,533,921 |
| Short Name | Tradr 2X Long LITE Daily ETF |
| Source Interval | 15 |
| Symbol | LITX |
| Total Assets | 408,848,128 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 17.78399 |
| Trailing Three Month Returns | 17.78399 |
| Triggerable | 1 |
| Two Hundred Day Average | 34.84501 |
| Two Hundred Day Average Change | -8.065008 |
| Two Hundred Day Average Change Percent | -0.23145376 |
| Type Disp | ETF |
| Volume | 1,533,921 |