T-Rex 2X Long MSTR Daily Target ETF (MSTU)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
1.78 USD
-0.10
(-5.067%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 1.77 -0.01 (-0.010%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:39 a.m. EDT
This instrument is a classic example of a leveraged decay trap in freefall. The data reveals a catastrophic divergence between the fund's mechanics and its performance: while the underlying asset dropped 67%, this 2x daily leveraged ETF has erased 95% of its value. This is not merely a lag; it is the mathematical reality of compounding losses on a volatile asset, turning a massive drawdown into a near-total liquidation event. The technical picture is dire, trading 85% below its 50-day average and 88% below its 200-day average, confirming that the recent price action is a continuation of a long-term structural collapse rather than a temporary dip. With zero dividends to provide any cushion and a balance sheet that has effectively been wiped out by the leverage, there is no fundamental floor here. The options market agrees completely, with heavy put buying suggesting that even the most aggressive bears expect further pain. For a retail investor, this looks like a speculative gamble gone wrong; for a quantitative model, it is a textbook case of avoiding leveraged products during high-volatility regimes. The only rational play is to stay far away. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.539099 |
| AutoETS | 0.541985 |
| MSTL | 0.555358 |
| AutoTheta | 0.595540 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 24% |
| H-stat | 42.76 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.183 |
| Excess Kurtosis | -1.03 |
| Attribute | Value |
|---|---|
| Trailing P/E | 2.25 |
As of July 11, 2026, 5:39 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest significantly exceeds call open interest across nearly all expirations, with deep out-of-the-money puts showing massive accumulation (e.g., 12.4k OI at the $20 strike for September). This indicates a 'bear put' strategy where traders are betting on further declines or hedging existing long positions against volatility expansion. The implied volatility surface shows elevated premiums for downside strikes compared to the near-flat pricing of calls, confirming a market consensus of continued weakness.
| Attribute | Value |
|---|---|
| All Time High | 315.0 |
| All Time Low | 1.46 |
| Ask | 1.78 |
| Ask Size | 140,800 |
| Average Daily Volume10 Day | 93,051,410 |
| Average Daily Volume3 Month | 51,290,959 |
| Average Volume | 51,290,959 |
| Average Volume10Days | 93,051,410 |
| Beta3 Year | 0.0 |
| Bid | 1.77 |
| Bid Size | 197,900 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 1.8399 |
| Day Low | 1.6959 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 0.79072195 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.8525 |
| Fifty Day Average Change | -3.0725 |
| Fifty Day Average Change Percent | -0.6331788 |
| Fifty Two Week Change Percent | -98.21599 |
| Fifty Two Week High | 107.6 |
| Fifty Two Week High Change | -105.82 |
| Fifty Two Week High Change Percent | -0.98345727 |
| Fifty Two Week Low | 1.46 |
| Fifty Two Week Low Change | 0.31999993 |
| Fifty Two Week Low Change Percent | 0.21917804 |
| Fifty Two Week Range | 1.46 - 107.6 |
| First Trade Date Milliseconds | 1,726,666,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Rex |
| Fund Inception Date | 1,726,531,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-09-18 |
| 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 MSTR on a daily basis. The fund is non-diversified. |
| Long Name | T-Rex 2X Long MSTR Daily Target ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1889178620 |
| Nav Price | 1.85 |
| Net Assets | 291,002,208.0 |
| Net Expense Ratio | 1.05 |
| Open | 1.75 |
| Post Market Change | -0.00999999 |
| Post Market Change Percent | -0.5617972 |
| Post Market Price | 1.77 |
| Post Market Time | 1,783,987,179 |
| Previous Close | 1.875 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.095 |
| Regular Market Change Percent | -5.06667 |
| Regular Market Day High | 1.8399 |
| Regular Market Day Low | 1.6959 |
| Regular Market Day Range | 1.6959 - 1.8399 |
| Regular Market Open | 1.75 |
| Regular Market Previous Close | 1.875 |
| Regular Market Price | 1.78 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 62,135,467 |
| Short Name | T-Rex 2X Long MSTR Daily Target |
| Source Interval | 15 |
| Symbol | MSTU |
| Total Assets | 291,002,208 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 2.2511072 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -61.79245 |
| Trailing Three Month Returns | -61.79245 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.69365 |
| Two Hundred Day Average Change | -10.9136505 |
| Two Hundred Day Average Change Percent | -0.85977244 |
| Type Disp | ETF |
| Volume | 62,135,467 |
| Yield | 0.0 |
| Ytd Return | -80.57554 |