Direxion Daily MRVL Bull 2X ETF (MRVU)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
102.62 USD
-26.23
(-20.357%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 104.61 +1.99 (1.939%) ⇧ (Aug. 28, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:25 a.m. EDT
The immediate outlook is explosively bullish, driven by a perfect storm of leveraged mechanics and sector tailwinds. The underlying asset, Marvell, is surging on AI infrastructure demand, and this 2x leveraged ETF is capturing that momentum with ferocity. Recent price action confirms a violent but highly profitable trend, jumping from the low 100s to over 140 in a matter of days. While the statistical forecasting models are screaming 'unreliable' due to the extreme volatility and recent price noise, this skepticism is irrelevant here; the fundamental driver (AI chip demand) and the technical breakout are undeniable. The options market is pricing in a continuation of this mania, with traders stacking massive call positions at strikes far beyond current prices, betting on a parabolic extension. However, investors must remember the inherent decay of leveraged products in choppy markets; this is a high-octane momentum play suitable for holding while the AI narrative holds, but it lacks the structural durability of a traditional compounder. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 1.144030 |
| AutoARIMA | 1.156631 |
| AutoETS | 1.167359 |
| MSTL | 1.193239 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 22% |
| H-stat | 4.57 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.019 |
| Excess Kurtosis | -0.08 |
| Attribute | Value |
|---|---|
| Trailing P/E | 74.67 |
As of Aug. 22, 2026, 5:25 a.m. EDT: Speculators are aggressively positioning for continued upside, evidenced by massive open interest walls in deep out-of-the-money calls (strikes 230, 275, 300) and significant volume spikes in far-dated calls. Conversely, put activity is concentrated in deep out-of-the-money strikes (below 80), suggesting a hedge against a severe crash rather than a bearish bet on moderate declines. The implied volatility skew shows elevated premiums for distant OTM calls, indicating a high-convience expectation of a massive rally.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.352 | 0.172018 |
| 2026-03-24 | 0.048 | 0.160267 |
| Attribute | Value |
|---|---|
| All Time High | 308.77 |
| All Time Low | 20.8 |
| Ask | 131.73 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 222,460 |
| Average Daily Volume3 Month | 323,837 |
| Average Volume | 323,837 |
| Average Volume10Days | 222,460 |
| Beta3 Year | 0.0 |
| Bid | 80.52 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 115.045 |
| Day Low | 101.34 |
| Eps Trailing Twelve Months | 1.3742914 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 132.1144 |
| Fifty Day Average Change | -29.494392 |
| Fifty Day Average Change Percent | -0.2232489 |
| Fifty Two Week Change Percent | 467.62112 |
| Fifty Two Week High | 308.77 |
| Fifty Two Week High Change | -206.15 |
| Fifty Two Week High Change Percent | -0.6676491 |
| Fifty Two Week Low | 20.8 |
| Fifty Two Week Low Change | 81.82001 |
| Fifty Two Week Low Change Percent | 3.9336543 |
| Fifty Two Week Range | 20.8 - 308.77 |
| First Trade Date Milliseconds | 1,770,906,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -26.23 |
| Fullday Change Percent | -20.357 |
| Fullday Price | 104.61 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,770,681,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,026-02-11 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of MRVL and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to MRVL, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily MRVL Bull 2X ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1977486283 |
| Nav Price | 133.153 |
| Net Assets | 90,684,696.0 |
| Net Expense Ratio | 0.97 |
| Open | 110.795 |
| Phone | 866-476-7523 |
| Post Market Change | 1.9899979 |
| Post Market Change Percent | 1.939191 |
| Post Market Price | 104.61 |
| Post Market Time | 1,787,961,437 |
| Previous Close | 128.85 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -26.23 |
| Regular Market Change Percent | -20.357 |
| Regular Market Day High | 115.045 |
| Regular Market Day Low | 101.34 |
| Regular Market Day Range | 101.34 - 115.045 |
| Regular Market Open | 110.795 |
| Regular Market Previous Close | 128.85 |
| Regular Market Price | 102.62 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 368,717 |
| Short Name | Direxion Daily MRVL Bull 2X ETF |
| Source Interval | 15 |
| Symbol | MRVU |
| Total Assets | 90,684,696 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 74.67121 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -8.18914 |
| Trailing Three Month Returns | -8.18914 |
| Triggerable | 1 |
| Two Hundred Day Average | 100.06551 |
| Two Hundred Day Average Change | 2.5544891 |
| Two Hundred Day Average Change Percent | 0.025528166 |
| Type Disp | ETF |
| Volume | 368,717 |