Leverage Shares 2X Long LULU Daily ETF (LULG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
3.93 USD
+0.32
(8.889%)
⇧
(Oct. 15, 2026, 10:24 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 7:19 a.m. EDT
This leveraged ETF is in a severe downtrend, having lost nearly 85% of its value over the past year as the underlying stock collapsed. The recent price action confirms a relentless sell-off, dropping from $4.47 just two weeks ago to $3.65 yesterday, trading well below both the 50-day and 200-day moving averages. The options market reflects this panic, with massive put open interest creating a dense wall of downside protection that suggests traders expect further declines rather than a rebound. With no dividends to offset the decay and a statistical model showing a weak bearish lean, there is no case for a short-term bounce. Long-term, the instrument suffers from the inherent volatility drag of leveraged products during a prolonged secular decline in the underlying business, making it a poor candidate for recovery without a fundamental reversal in the parent company. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.160324 |
| AutoETS | 0.191173 |
| AutoARIMA | 0.191356 |
| MSTL | 0.194390 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 5.19 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.062 |
| Excess Kurtosis | -1.50 |
As of Oct. 10, 2026, 7:19 a.m. EDT: Speculators are overwhelmingly positioning for downside protection. Put open interest significantly exceeds call open interest across all expirations, with heavy concentration in strikes above the current price (OTM puts). Call activity is sparse and dominated by ATM anchors, while significant put volume appears at strikes representing a 30-40% drop from current levels. This structure indicates a strong hedging bias or bearish sentiment regarding near-to-intermediate term moves.
| Attribute | Value |
|---|---|
| All Time High | 28.32 |
| All Time Low | 3.35 |
| Ask | 8.9 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 698,020 |
| Average Daily Volume3 Month | 552,418 |
| Average Volume | 552,418 |
| Average Volume10Days | 698,020 |
| Beta3 Year | 0.0 |
| Bid | 5.08 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 3.9707 |
| Day Low | 3.74 |
| Display Name | 2X Long LULU Daily ETF |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.08668 |
| Fifty Day Average Change | -1.1566799 |
| Fifty Day Average Change Percent | -0.22739388 |
| Fifty Two Week Change Percent | -77.92534 |
| Fifty Two Week High | 28.32 |
| Fifty Two Week High Change | -24.39 |
| Fifty Two Week High Change Percent | -0.8612288 |
| Fifty Two Week Low | 3.35 |
| Fifty Two Week Low Change | 0.58000016 |
| Fifty Two Week Low Change Percent | 0.17313439 |
| Fifty Two Week Range | 3.35 - 28.32 |
| First Trade Date Milliseconds | 1,762,353,000,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.32000017 |
| Fullday Change Percent | 8.888893 |
| Fullday Price | 3.93 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,762,214,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-11-05 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of LULU, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long LULU Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1960876592 |
| Nav Price | 3.6397 |
| Net Assets | 10,355,169.0 |
| Net Expense Ratio | 0.75 |
| Open | 3.74 |
| Previous Close | 3.61 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.32000017 |
| Regular Market Change Percent | 8.888893 |
| Regular Market Day High | 3.9707 |
| Regular Market Day Low | 3.74 |
| Regular Market Day Range | 3.74 - 3.9707 |
| Regular Market Open | 3.74 |
| Regular Market Previous Close | 3.61 |
| Regular Market Price | 3.93 |
| Regular Market Time | 1,792,074,248 |
| Regular Market Volume | 357,289 |
| Short Name | Leverage Shares 2X Long LULU Da |
| Source Interval | 15 |
| Symbol | LULG |
| Total Assets | 10,355,169 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -37.24332 |
| Trailing Three Month Returns | -37.24332 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.54879 |
| Two Hundred Day Average Change | -6.6187897 |
| Two Hundred Day Average Change Percent | -0.6274454 |
| Type Disp | ETF |
| Volume | 357,289 |
| Ytd Return | -84.1858 |