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Direxion Daily Crypto Industry Bull 2X Shares ETF (LMBO)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
18.29 USD +0.25 (1.386%) ⇧ (April 10, 2026, 3:55 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 18, 2026, 10:19 p.m. EDT

LMBO is exhibiting classic 'leverage decay' behavior exacerbated by volatility drag; the price action (down ~10% in two weeks) combined with the negative 45-day forecast models confirms the instrument is currently in a downcycle. While options flow shows some speculative long calls, the underlying asset (crypto equities) and the ETF's 2x structure make it a dangerous mean reversion play rather than a trend trade. The dividend is a trap, designed to attract retail but likely consuming NAV during periods of low or negative underlying performance, rendering the product unsuitable for buy-and-hold or dividend growth strategies.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.308341
AutoETS0.308447
AutoTheta0.324854
MSTL0.338163

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 57%
H-stat 2.17
Ljung-Box p 0.000
Jarque-Bera p 0.070
Excess Kurtosis 0.50
Attribute Value
Trailing P/E 21.19

As of April 18, 2026, 10:19 p.m. EDT: Options flow shows highly skewed positioning towards deep out-of-the-money (OTM) long calls (strikes 37, 38) for the May 2026 expiry, indicating speculative bullish sentiment despite extremely low volume. Conversely, put writers are establishing significant OI at deep OTM strikes (10, 12, 15) for later expirations (Nov, Aug), suggesting market makers collect premium on a crash but lack conviction in the OTM volume. The massive IV spike at 20.07 calls (~421%) is an anomaly likely driven by a few specific positions rather than broad sentiment. The lack of ITM call volume for May suggests current holders are unwilling to pay high premiums for directional exposure, while the aggressive put writing at 10-15 strikes acts as a soft floor cap.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.06% 3.52%
Dividend History
Date Dividend Yield %
2026-03-24 0.01000 0.056561
2025-12-23 0.00274 0.011558
2025-12-10 0.93497 3.349687
2025-06-24 0.02138 0.099898
2025-03-25 0.03941 0.229510
2024-09-24 0.05459 0.279874
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 6.1

Info Dump

Attribute Value
All Time High 48.4
All Time Low 10.41
Ask 0.0
Ask Size 200
Average Daily Volume10 Day 10,319
Average Daily Volume3 Month 13,053
Average Volume 13,053
Average Volume10Days 10,319
Beta3 Year 0.0
Bid 0.0
Bid Size 200
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.53
Day Low 18.2938
Dividend Yield 6.1
Eps Trailing Twelve Months 0.8635105
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 18.144028
Fifty Day Average Change 0.14977264
Fifty Day Average Change Percent 0.008254653
Fifty Two Week Change Percent 51.74147
Fifty Two Week High 48.4
Fifty Two Week High Change -30.106201
Fifty Two Week High Change Percent -0.62202895
Fifty Two Week Low 11.82
Fifty Two Week Low Change 6.4738007
Fifty Two Week Low Change Percent 0.5476989
Fifty Two Week Range 11.82 - 48.4
First Trade Date Milliseconds 1,721,223,000,000
Full Exchange Name NYSEArca
Fund Family Direxion Funds
Fund Inception Date 1,721,088,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index seeks to track the performance of US-listed securities that have business operations in the field of distributed ledger or decentralized payment technology. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index. The fund is non-diversified.
Long Name Direxion Daily Crypto Industry Bull 2X Shares ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1817516396
Nav Price 18.319
Net Assets 5,570,873.0
Net Expense Ratio 0.98
Open 18.53
Phone 866-476-7523
Previous Close 18.0438
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.25
Regular Market Change Percent 1.38552
Regular Market Day High 18.53
Regular Market Day Low 18.2938
Regular Market Day Range 18.2938 - 18.53
Regular Market Open 18.53
Regular Market Previous Close 18.0438
Regular Market Price 18.2938
Regular Market Time 1,775,850,904
Regular Market Volume 1,388
Short Name Direxion Daily Crypto Industry
Source Interval 15
Symbol LMBO
Total Assets 5,570,873
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 21.185383
Trailing Peg Ratio None
Trailing Three Month Nav Returns -25.0152
Trailing Three Month Returns -25.0152
Triggerable 1
Two Hundred Day Average 26.82376
Two Hundred Day Average Change -8.529959
Two Hundred Day Average Change Percent -0.31800014
Type Disp ETF
Volume 1,388
Yield 0.061
Ytd Return -25.0152