Defiance Daily Target 2x Long NOK ETF (LNOK)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
48.65 USD
-7.01
(-12.594%) ⇩
(July 13, 2026, 3:59 p.m.
EDT)
After hours: 49.26 +0.61 (1.256%) ⇧ (July 13, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:16 a.m. EDT
This instrument is a newly launched leveraged ETF designed to provide 2x daily exposure to Nokia, meaning it has zero intrinsic business quality, no earnings, and no long-term growth trajectory of its own; it is purely a derivative vehicle subject to severe compounding decay and volatility drag. The recent price action confirms extreme instability, with the fund dropping nearly 30% over just two weeks as it struggled to track its underlying index amidst market turbulence. While the underlying technology company may be sound, this specific security offers no margin of safety and is unsuitable for any investment horizon beyond a single day of speculative trading. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.253104 |
| MSTL | 0.260577 |
| AutoTheta | 0.264447 |
| AutoETS | 0.442258 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 0.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.151 |
| Excess Kurtosis | -0.80 |
| Attribute | Value |
|---|---|
| All Time High | 121.22 |
| All Time Low | 17.74 |
| Ask | 0.0 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 240,660 |
| Average Daily Volume3 Month | 316,506 |
| Average Volume | 316,506 |
| Average Volume10Days | 240,660 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 100 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 53.94 |
| Day Low | 47.74 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 77.40838 |
| Fifty Day Average Change | -28.758377 |
| Fifty Day Average Change Percent | -0.37151504 |
| Fifty Two Week Change Percent | 176.33801 |
| Fifty Two Week High | 121.22 |
| Fifty Two Week High Change | -72.57 |
| Fifty Two Week High Change Percent | -0.59866357 |
| Fifty Two Week Low | 17.74 |
| Fifty Two Week Low Change | 30.910002 |
| Fifty Two Week Low Change Percent | 1.7423902 |
| Fifty Two Week Range | 17.74 - 121.22 |
| First Trade Date Milliseconds | 1,769,005,800,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,768,867,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. It aims to achieve this daily percentage change for a single day, and not for any other period. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2x Long NOK ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1975942096 |
| Nav Price | 55.8137 |
| Net Assets | 75,735,592.0 |
| Net Expense Ratio | 1.31 |
| Open | 53.88 |
| Post Market Change | 0.61109924 |
| Post Market Change Percent | 1.2561135 |
| Post Market Price | 49.2611 |
| Post Market Time | 1,783,987,009 |
| Previous Close | 55.66 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -7.01 |
| Regular Market Change Percent | -12.5943 |
| Regular Market Day High | 53.94 |
| Regular Market Day Low | 47.74 |
| Regular Market Day Range | 47.74 - 53.94 |
| Regular Market Open | 53.88 |
| Regular Market Previous Close | 55.66 |
| Regular Market Price | 48.65 |
| Regular Market Time | 1,783,972,797 |
| Regular Market Volume | 204,021 |
| Short Name | Defiance Daily Target 2X Long N |
| Source Interval | 15 |
| Symbol | LNOK |
| Total Assets | 75,735,592 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 121.75264 |
| Trailing Three Month Returns | 121.75264 |
| Triggerable | 1 |
| Two Hundred Day Average | 51.036964 |
| Two Hundred Day Average Change | -2.386963 |
| Two Hundred Day Average Change Percent | -0.046769295 |
| Type Disp | ETF |
| Volume | 204,021 |