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Defiance Daily Target 2X Long MSTR ETF (MSTX)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
8.14 USD -0.46 (-5.349%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 8.08 -0.06 (-0.060%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 3:48 a.m. EDT

This instrument is a high-risk leveraged vehicle that has suffered a catastrophic collapse, dropping from a peak of nearly $500 to the current range of $6-$12. The recent price action shows a brutal freefall followed by a brief, fragile stabilization, but the technical structure remains deeply broken with heavy selling pressure. The options market confirms this distress: traders are buying deep protection (puts) just in case the price drops further, while simultaneously placing massive bets on a sudden, explosive recovery via far-out calls. However, the statistical forecasting model offers zero confidence in predicting the next move, rendering any directional guess pure speculation. While the recent price has stabilized slightly, the lack of a confirmed bottom and the sheer magnitude of the prior decline suggest the asset is still in a severe downtrend. For a standard investor, this is a dangerous speculative play; for a trader, it is a volatile environment where capital preservation is difficult.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.523805
AutoARIMA0.527390
AutoETS0.529732
AutoTheta0.573905

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 25%
H-stat 16.20
Ljung-Box p 0.000
Jarque-Bera p 0.191
Excess Kurtosis -1.14

As of July 11, 2026, 3:48 a.m. EDT: Speculators are positioning for extreme volatility rather than directional moves. In-the-money put volume and open interest dominate near-term expirations, creating a dense 'floor' around current prices. Conversely, deep out-of-the-money calls show massive open interest walls at strikes significantly higher than the current price, suggesting a bet on a sharp, leveraged spike. The implied volatility surface is distorted with massive spikes at deep OTM strikes, indicating a fear of a gap-up event or a hedge against a crash, while the underlying asset remains trapped between these extremes.


Dividend Data

Dividend History
Date Dividend Yield %
2024-12-31 144.28 41.01194
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.0

Info Dump

Attribute Value
All Time High 2,209.9
All Time Low 6.72
Ask 8.23
Ask Size 2
Average Daily Volume10 Day 10,695,540
Average Daily Volume3 Month 5,290,586
Average Volume 5,290,586
Average Volume10Days 10,695,540
Beta3 Year 0.0
Bid 8.04
Bid Size 1
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 8.41
Day Low 7.77
Dividend Yield 0.0
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.251
Fifty Day Average Change -14.110999
Fifty Day Average Change Percent -0.6341737
Fifty Two Week Change Percent -98.23081
Fifty Two Week High 497.55
Fifty Two Week High Change -489.40997
Fifty Two Week High Change Percent -0.9836398
Fifty Two Week Low 6.72
Fifty Two Week Low Change 1.4200006
Fifty Two Week Low Change Percent 0.21130961
Fifty Two Week Range 6.72 - 497.55
First Trade Date Milliseconds 1,723,728,600,000
Full Exchange Name NasdaqGM
Fund Family Defiance ETFs LLC
Fund Inception Date 1,723,593,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-08-15
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 MSTR ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1879109632
Nav Price 8.6024
Net Assets 150,854,896.0
Net Expense Ratio 1.31
Open 8.02
Post Market Change -0.06000042
Post Market Change Percent -0.73710585
Post Market Price 8.08
Post Market Time 1,783,987,165
Previous Close 8.6
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.46
Regular Market Change Percent -5.34884
Regular Market Day High 8.41
Regular Market Day Low 7.77
Regular Market Day Range 7.77 - 8.41
Regular Market Open 8.02
Regular Market Previous Close 8.6
Regular Market Price 8.14
Regular Market Time 1,783,972,801
Regular Market Volume 6,016,130
Short Name Defiance Daily Target 2x Long M
Source Interval 15
Symbol MSTX
Total Assets 150,854,896
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -61.94435
Trailing Three Month Returns -61.94435
Triggerable 1
Two Hundred Day Average 58.3218
Two Hundred Day Average Change -50.1818
Two Hundred Day Average Change Percent -0.8604296
Type Disp ETF
Volume 6,016,130
Yield 0.0
Ytd Return -80.69208