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T-Rex 2X Long Microsoft Daily Target ETF (MSFX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
26.60 USD +0.85 (3.301%) ⇧ (Aug. 28, 2026, 3:59 p.m. EDT)
After hours: 26.57 -0.03 (-0.030%) ⇩ (Aug. 28, 2026, 7:47 p.m. EDT)

Short-term:★★★☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 4:40 a.m. EDT

This is a leveraged beta play on Microsoft that is currently trading at a discount to its moving averages, offering a potential mean-reversion opportunity, but the structural mechanics of the ETF create a significant drag on long-term returns. The price has recovered significantly over the last year, yet the heavy concentration of put options suggests the market remains fearful of a reversal in Microsoft's momentum. As a 2x leveraged product, this instrument suffers from daily rebalancing decay; holding it for anything longer than a few weeks is mathematically disadvantageous regardless of the underlying stock's performance. The recent price action shows some volatility, but the lack of strong call volume and the dominance of put positioning indicate that smart money is not betting on a parabolic run-up here. It is suitable only for tactical, short-term trades targeting a bounce off support levels, not as a core portfolio holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.309221
AutoTheta0.315050
AutoETS0.320178
AutoARIMA0.320182

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 36%
H-stat 0.89
Ljung-Box p 0.000
Jarque-Bera p 0.002
Excess Kurtosis 0.83
Attribute Value
Trailing P/E 31.37

As of Aug. 22, 2026, 4:40 a.m. EDT: Speculators are positioning for a range-bound outcome with a distinct skew toward downside protection. In the nearest expiration, there is heavy open interest in out-of-the-money puts (145 contracts vs 6 calls), while volume is concentrated in deep in-the-money strikes, suggesting hedging against a drop below the current price. The December expiry shows a massive imbalance of 270 total contracts, almost entirely comprised of in-the-money puts (230 vol/94 oi) versus minimal call activity, indicating a strong defensive stance against a significant decline. Conversely, call volume is sparse and clustered near the money, lacking the aggressive speculative buying required to drive a sharp rally.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-24 1.461 5.234683
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.0

Info Dump

Attribute Value
All Time High 40.87
All Time Low 12.9
Ask 26.6
Ask Size 500
Average Daily Volume10 Day 66,540
Average Daily Volume3 Month 279,952
Average Volume 279,952
Average Volume10Days 66,540
Beta3 Year 0.0
Bid 26.44
Bid Size 1,000
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 26.9605
Day Low 25.76
Dividend Yield 0.0
Eps Trailing Twelve Months 0.8480421
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.3475
Fifty Day Average Change 7.2525005
Fifty Day Average Change Percent 0.37485465
Fifty Two Week Change Percent -20.762587
Fifty Two Week High 39.37
Fifty Two Week High Change -12.769999
Fifty Two Week High Change Percent -0.3243586
Fifty Two Week Low 12.9
Fifty Two Week Low Change 13.700001
Fifty Two Week Low Change Percent 1.0620157
Fifty Two Week Range 12.9 - 39.37
First Trade Date Milliseconds 1,704,983,400,000
Full Exchange Name Cboe US
Fullday Change 0.85
Fullday Change Percent 3.30097
Fullday Price 26.5699
Fund Family Rex
Fund Inception Date 1,704,844,800
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, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of MSFT on a daily basis. The fund is non-diversified.
Long Name T-Rex 2X Long Microsoft Daily Target ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1860883138
Nav Price 25.73
Net Assets 32,303,170.0
Net Expense Ratio 1.05
Open 25.81
Post Market Change -0.030099869
Post Market Change Percent -0.1131574
Post Market Price 26.5699
Post Market Time 1,787,960,836
Previous Close 25.75
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.85
Regular Market Change Percent 3.30097
Regular Market Day High 26.9605
Regular Market Day Low 25.76
Regular Market Day Range 25.76 - 26.9605
Regular Market Open 25.81
Regular Market Previous Close 25.75
Regular Market Price 26.6
Regular Market Time 1,787,947,191
Regular Market Volume 126,836
Short Name T-Rex 2X Long Microsoft Daily T
Source Interval 15
Symbol MSFX
Total Assets 32,303,170
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 31.36637
Trailing Peg Ratio None
Trailing Three Month Nav Returns 21.11356
Trailing Three Month Returns 21.11356
Triggerable 1
Two Hundred Day Average 21.1304
Two Hundred Day Average Change 5.4696007
Two Hundred Day Average Change Percent 0.25884986
Type Disp ETF
Volume 126,836
Yield 0.0
Ytd Return -19.61215