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Leverage Shares 2X Long LULU Daily ETF (LULG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
14.37 USD +0.80 (5.878%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 14.73 +0.36 (2.522%) ⇧ (April 17, 2026, 6:45 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:53 a.m. EDT

A synthetic long/long gamma setup is emerging, with speculators heavily bullish on LULU utilizing a 2X leveraged proxy. Despite the mechanical decay of leverage and the underlying LULU stock trade lagging its 50/200-day averages, the fresh flow into deep OTM calls suggests a contrarian bet on a LULU recovery. However, persisting as a long-term hold is a value trap given the 52-week low proximity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.246101
AutoARIMA0.250755
AutoETS0.254260
AutoTheta0.307170

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 44%
H-stat 9.67
Ljung-Box p 0.000
Jarque-Bera p 0.385
Excess Kurtosis -0.95

As of April 19, 2026, 12:53 a.m. EDT: Options activity reveals a distinct bullish skew. Call Flow is significantly more active, with notable Open Interest buildup at 25.0 strikes (+74% at June expiry) and fresh volume thrust. Conversely, Put interest is muted and concentrated at lower strikes (13.0-16.0), suggesting downside protection is not a primary speculator concern. Implied volatility is elevated on calls (1.16-1.84 range) compared to puts, indicating a price-weighted view that futures should rise.


Info Dump

Attribute Value
All Time High 28.32
All Time Low 10.8
Ask 18.17
Ask Size 2
Average Daily Volume10 Day 16,590
Average Daily Volume3 Month 31,591
Average Volume 31,591
Average Volume10Days 16,590
Beta3 Year 0.0
Bid 10.4
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 14.51
Day Low 14.13
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 14.83654
Fifty Day Average Change -0.46893978
Fifty Day Average Change Percent -0.031607084
Fifty Two Week Change Percent -12.068546
Fifty Two Week High 28.32
Fifty Two Week High Change -13.952399
Fifty Two Week High Change Percent -0.49266946
Fifty Two Week Low 10.8
Fifty Two Week Low Change 3.5676003
Fifty Two Week Low Change Percent 0.33033335
Fifty Two Week Range 10.8 - 28.32
First Trade Date Milliseconds 1,762,353,000,000
Full Exchange Name NasdaqGM
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 CLOSED
Max Age 86,400
Message Board Id finmb_1960876592
Nav Price 14.3489
Net Assets 3,958,123.0
Net Expense Ratio 0.75
Open 14.4
Post Market Change 0.3623991
Post Market Change Percent 2.5223355
Post Market Price 14.73
Post Market Time 1,776,465,916
Previous Close 13.57
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.79760075
Regular Market Change Percent 5.877677
Regular Market Day High 14.51
Regular Market Day Low 14.13
Regular Market Day Range 14.13 - 14.51
Regular Market Open 14.4
Regular Market Previous Close 13.57
Regular Market Price 14.3676
Regular Market Time 1,776,456,000
Regular Market Volume 13,916
Short Name Leverage Shares 2X Long LULU Da
Source Interval 15
Symbol LULG
Total Assets 3,958,123
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -49.50369
Trailing Three Month Returns -49.50369
Triggerable 1
Two Hundred Day Average 17.93009
Two Hundred Day Average Change -3.5624895
Two Hundred Day Average Change Percent -0.19868776
Type Disp ETF
Volume 13,916
Ytd Return -49.50369