Defiance Daily Target 2X Long MRNA ETF (MRNX)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
168.86 USD
+3.90
(2.364%)
⇧
(Oct. 13, 2026, 4 p.m.
EDT)
After hours: 167.30 -1.56 (-1.560%) ⇩ (Oct. 13, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 11:06 a.m. EDT
This instrument is a leveraged daily ETF tracking mRNA biotech, meaning its performance is entirely dependent on the underlying stock's volatility and direction over a single day, compounded by leverage. The recent price action shows a violent spike to $183.82 followed by a sharp retracement, which is typical for leveraged products chasing a news catalyst that may have faded. While the options market is screaming for another explosive move higher, the underlying asset lacks the multi-year growth trajectory or stable fundamentals required for a standard long-term hold. As a leveraged product, holding this overnight or beyond introduces significant decay risk if the underlying stock doesn't maintain its upward momentum. The lack of dividends and the volatile nature of the sector make this suitable only for tactical, short-duration trades rather than accumulation. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.675280 |
| MSTL | 0.789206 |
| AutoETS | 0.792812 |
| AutoARIMA | 0.792814 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 19% |
| H-stat | 126.99 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.089 |
| Excess Kurtosis | -1.56 |
As of Oct. 10, 2026, 11:06 a.m. EDT: Speculators are aggressively positioning for a massive gap-up, evidenced by heavy call volume at strikes significantly above the current price (e.g., $185, $200, $215) and new flow into deep out-of-the-money calls. Conversely, put activity is concentrated entirely in out-of-the-money strikes, suggesting hedging against volatility rather than a bearish bet on price collapse. The implied volatility surface shows spikes at extreme strikes, indicating a binary event expectation.
| Attribute | Value |
|---|---|
| All Time High | 187.51 |
| All Time Low | 14.95 |
| Ask | 0.0 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 243,150 |
| Average Daily Volume3 Month | 297,268 |
| Average Volume | 297,268 |
| Average Volume10Days | 243,150 |
| 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 | 172.24 |
| Day Low | 152.2347 |
| Display Name | Daily Target 2X Long MRNA ETF |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 91.2706 |
| Fifty Day Average Change | 77.5894 |
| Fifty Day Average Change Percent | 0.8501029 |
| Fifty Two Week Change Percent | 709.42096 |
| Fifty Two Week High | 187.51 |
| Fifty Two Week High Change | -18.649994 |
| Fifty Two Week High Change Percent | -0.09946133 |
| Fifty Two Week Low | 14.95 |
| Fifty Two Week Low Change | 153.91 |
| Fifty Two Week Low Change Percent | 10.294984 |
| Fifty Two Week Range | 14.95 - 187.51 |
| First Trade Date Milliseconds | 1,770,215,400,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 4.0399933 |
| Fullday Change Percent | 2.4490745 |
| Fullday Price | 168.86 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,770,076,800 |
| 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. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long MRNA ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1968181326 |
| Nav Price | 165.2912 |
| Net Assets | 58,749,000.0 |
| Net Expense Ratio | 1.34 |
| Open | 155.78 |
| Post Market Change | -1.5599976 |
| Post Market Change Percent | -0.92384076 |
| Post Market Price | 167.3 |
| Post Market Time | 1,791,935,898 |
| Previous Close | 164.96 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 3.89999 |
| Regular Market Change Percent | 2.36421 |
| Regular Market Day High | 172.24 |
| Regular Market Day Low | 152.2347 |
| Regular Market Day Range | 152.2347 - 172.24 |
| Regular Market Open | 155.78 |
| Regular Market Previous Close | 164.96 |
| Regular Market Price | 168.86 |
| Regular Market Time | 1,791,921,600 |
| Regular Market Volume | 169,854 |
| Short Name | Defiance Daily Target 2X Long M |
| Source Interval | 15 |
| Symbol | MRNX |
| Total Assets | 58,749,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 227.41585 |
| Trailing Three Month Returns | 227.41585 |
| Triggerable | 1 |
| Two Hundred Day Average | 46.159943 |
| Two Hundred Day Average Change | 122.70006 |
| Two Hundred Day Average Change Percent | 2.6581502 |
| Type Disp | ETF |
| Volume | 169,854 |