Roundhill Daily 2X Long Magnificent Seven ETF (MAGX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
55.74 USD
+1.88
(3.491%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 56.25 +0.51 (0.915%) ⇧ (April 17, 2026, 7:55 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 19, 2026, 1:47 a.m. EDT
MAGX represents a high-risk leverage play on the Magnificent 7 that has recently re-rated upwards to ~52. The short-term technicals are neutral-to-lethargic, as indicated by the lack of speculative call volume in September expirations (neutralizing the leveraged beta), while the 61-62 call strikes act as the primary technical ceiling. The fund's 2.7% yield is misleading in this context; with recent dividend amounts of 1.17 and 0.39, the payout appears inconsistent and unsustainable for a leveraged product, effectively offering downside safety in the name of yield but failing as a true income generator. Long-term exposure is fragile due to the volatility decay inherent in 2x ETFs, making it unsuitable for multi-year holds without caution. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.086445 |
| AutoETS | 0.088780 |
| MSTL | 0.090704 |
| AutoTheta | 0.110917 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 6.04 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.799 |
| Excess Kurtosis | -0.43 |
As of April 19, 2026, 1:47 a.m. EDT: Call positioned from 2026-06-18 expiration show significant Open Interest (OI) clustering at strikes 61.67 and 62.00, establishing a resistance wall or bullish target. A high IV spike exists at the 39.67 strike (122% vs ATM 63%), suggesting a concentrated spot of speculative protection (short gamma) near current levels. Crucially, the 2026-09-18 expiry shows near-zero volume and OI for OTM calls, effectively neutralizing the calendar effect and indicating no speculative upside momentum is anticipated beyond June.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.03% | 2.03% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 1.171 | 2.031223 |
| 2024-12-30 | 0.396 | 0.847154 |
| Attribute | Value |
|---|---|
| All Time High | 63.47 |
| All Time Low | 22.41 |
| Ask | 56.5 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 99,220 |
| Average Daily Volume3 Month | 72,801 |
| Average Volume | 72,801 |
| Average Volume10Days | 99,220 |
| Beta3 Year | 0.0 |
| Bid | 54.13 |
| Bid Size | 600 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 56.37 |
| Day Low | 54.83 |
| Dividend Yield | 2.72 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 47.86684 |
| Fifty Day Average Change | 7.8731613 |
| Fifty Day Average Change Percent | 0.16448049 |
| Fifty Two Week Change Percent | 131.76715 |
| Fifty Two Week High | 63.47 |
| Fifty Two Week High Change | -7.7299995 |
| Fifty Two Week High Change Percent | -0.12178981 |
| Fifty Two Week Low | 23.587 |
| Fifty Two Week Low Change | 32.153 |
| Fifty Two Week Low Change Percent | 1.3631661 |
| Fifty Two Week Range | 23.587 - 63.47 |
| First Trade Date Milliseconds | 1,709,217,000,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Roundhill Investments |
| Fund Inception Date | 1,709,078,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-02-29 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF that seeks,as its investment objective,the growth of capital. In seeking to achieve its investment objective,the fund will invest directly in shares of the fund and in derivatives instruments,such as swap agreements and futures contracts,that provide exposure to the returns of the fund. The fund is non-diversified. |
| Long Name | Roundhill Daily 2X Long Magnificent Seven ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1867647255 |
| Nav Price | 55.7116 |
| Net Assets | 49,951,068.0 |
| Net Expense Ratio | 0.95 |
| Open | 55.53 |
| Post Market Change | 0.5099983 |
| Post Market Change Percent | 0.9149593 |
| Post Market Price | 56.25 |
| Post Market Time | 1,776,470,139 |
| Previous Close | 53.86 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.88 |
| Regular Market Change Percent | 3.49053 |
| Regular Market Day High | 56.37 |
| Regular Market Day Low | 54.83 |
| Regular Market Day Range | 54.83 - 56.37 |
| Regular Market Open | 55.53 |
| Regular Market Previous Close | 53.86 |
| Regular Market Price | 55.74 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 137,258 |
| Short Name | Roundhill Daily 2X Long Magnifi |
| Source Interval | 15 |
| Symbol | MAGX |
| Total Assets | 49,951,068 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -25.20463 |
| Trailing Three Month Returns | -25.20463 |
| Triggerable | 1 |
| Two Hundred Day Average | 52.185177 |
| Two Hundred Day Average Change | 3.5548248 |
| Two Hundred Day Average Change Percent | 0.06811944 |
| Type Disp | ETF |
| Volume | 137,258 |
| Yield | 0.0272 |
| Ytd Return | -25.20463 |