T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ)Trading--Inverse Equity | Exchange Traded Fund | Cboe US
13.16 USD
+0.64
(5.070%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 13.25 +0.09 (0.687%) ⇧ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:34 a.m. EDT
This instrument is a leveraged inverse product tracking MicroStrategy, making it a high-risk, high-volatility vehicle unsuitable for standard investment strategies. The recent price action shows a violent spike followed by a sharp correction, leaving the stock trading significantly below its 50-day moving average, which indicates lingering bearish pressure despite the recent rally. Fundamentally, there is no intrinsic value here; it is purely a derivative of another asset class with no dividends and no standalone business. The options data reveals a crowded trade where speculators are betting on a 'black swan' event—either a massive Bitcoin crash or a regulatory shock—rather than a steady trend. For a conservative investor, the lack of fundamentals and the inherent leverage make this a dangerous liability. It is best avoided unless one has a specific, short-term tactical view on a binary event affecting the underlying crypto asset. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.358369 |
| MSTL | 0.364581 |
| AutoTheta | 0.389432 |
| AutoARIMA | 0.569530 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 9.41 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.254 |
| Excess Kurtosis | -0.88 |
As of July 11, 2026, 3:34 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. There is massive open interest in deep out-of-the-money calls (strikes like $34, $40) and puts (strikes like $2, $5), creating a 'straddle' environment where traders bet on a binary event causing a massive gap up or down. However, the heavy volume in near-term puts (July/August expirations) suggests a specific fear of a downside gap, while the call volume remains speculative. The implied volatility is elevated across the board, confirming that the market expects a chaotic move.
| Attribute | Value |
|---|---|
| All Time High | 513.8 |
| All Time Low | 3.09 |
| Ask | 0.0 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 19,789,480 |
| Average Daily Volume3 Month | 23,784,854 |
| Average Volume | 23,784,854 |
| Average Volume10Days | 19,789,480 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 100 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.715 |
| Day Low | 12.78 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.7195 |
| Fifty Day Average Change | 4.4405003 |
| Fifty Day Average Change Percent | 0.5092609 |
| Fifty Two Week Change Percent | 293.2496 |
| Fifty Two Week High | 28.71 |
| Fifty Two Week High Change | -15.549999 |
| Fifty Two Week High Change Percent | -0.5416231 |
| Fifty Two Week Low | 3.09 |
| Fifty Two Week Low Change | 10.07 |
| Fifty Two Week Low Change Percent | 3.2588997 |
| Fifty Two Week Range | 3.09 - 28.71 |
| 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% inverse (opposite) exposure to the price performance of MSTR on a daily basis. The fund is non-diversified. |
| Long Name | T-Rex 2X Inverse MSTR Daily Target ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1889178542 |
| Nav Price | 12.52 |
| Net Assets | 148,199,472.0 |
| Net Expense Ratio | 1.05 |
| Open | 13.34 |
| Post Market Change | 0.09039974 |
| Post Market Change Percent | 0.68692815 |
| Post Market Price | 13.2504 |
| Post Market Time | 1,783,987,161 |
| Previous Close | 12.525 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.635 |
| Regular Market Change Percent | 5.06986 |
| Regular Market Day High | 13.715 |
| Regular Market Day Low | 12.78 |
| Regular Market Day Range | 12.78 - 13.715 |
| Regular Market Open | 13.34 |
| Regular Market Previous Close | 12.525 |
| Regular Market Price | 13.16 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 8,489,274 |
| Short Name | T-Rex 2X Inverse MSTR Daily Tar |
| Source Interval | 15 |
| Symbol | MSTZ |
| Total Assets | 148,199,472 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 24.4 |
| Trailing Three Month Returns | 24.4 |
| Triggerable | 1 |
| Two Hundred Day Average | 10.5309 |
| Two Hundred Day Average Change | 2.6290998 |
| Two Hundred Day Average Change Percent | 0.24965575 |
| Type Disp | ETF |
| Volume | 8,489,274 |
| Yield | 0.0 |
| Ytd Return | -9.38228 |