Tradr 2X Long NNE Daily ETF (NNEX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
6.35 USD
+0.12
(1.926%)
⇧
(April 17, 2026, 3:59 p.m.
EDT)
After hours: 6.22 -0.13 (-0.130%) ⇩ (April 17, 2026, 7:56 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 10:08 p.m. EDT
NNEX is a classic 'momentum trap' with near-term leverage discounts compounding the bear case. Tradr's double-long structure on a volatile underlying (Bloom Energy/Celestica/Nano) creates a volatility decay and drawdown risk that the sentiment clearly acknowledges via aggressive put buying. The forecasting model predicts a meager 1.28% gain over 45 days, but the options market is pricing in a probabalistic decay toward the $4.95 low. Avoid this until the leverage drag subsides or a bullish catalyst forces a level 5 gamma exposure. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.689172 |
| AutoTheta | 0.692911 |
| AutoETS | 0.692952 |
| MSTL | 0.728354 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 7.26 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.272 |
| Excess Kurtosis | -0.48 |
As of April 18, 2026, 10:08 p.m. EDT: Options flow exhibits extreme skew indicating high conviction from put buyers protecting downside. On the 6/18 expiration, there is significant volume (22 contracts) for deep puts at $15 and $30 strikes, with the $15 showing active new volume. In contrast, calls are sparse; while there is OI at $11-$13 for later dates, the immediate forward flow (May/June near-term) shows extremely low call volume. The mismeasured IV and lack of close ITM call positioning suggest the market is pricing in a severe correction or a high probability of staying depressed for the LLTF.
| Attribute | Value |
|---|---|
| All Time High | 28.0 |
| All Time Low | 4.95 |
| Ask | 9.53 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 77,660 |
| Average Daily Volume3 Month | 28,856 |
| Average Volume | 28,856 |
| Average Volume10Days | 77,660 |
| Beta3 Year | 0.0 |
| Bid | 6.05 |
| Bid Size | 700 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 6.36 |
| Day Low | 6.22 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.88038 |
| Fifty Day Average Change | -1.5303802 |
| Fifty Day Average Change Percent | -0.19420132 |
| Fifty Two Week Change Percent | -69.76191 |
| Fifty Two Week High | 28.0 |
| Fifty Two Week High Change | -21.65 |
| Fifty Two Week High Change Percent | -0.7732143 |
| Fifty Two Week Low | 4.95 |
| Fifty Two Week Low Change | 1.4000001 |
| Fifty Two Week Low Change Percent | 0.2828283 |
| Fifty Two Week Range | 4.95 - 28.0 |
| First Trade Date Milliseconds | 1,763,044,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,762,905,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of NNE. This may include NNE stock in addition to financial instruments. The fund is non-diversified. |
| Long Name | Tradr 2X Long NNE Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1966487420 |
| Nav Price | 6.3009 |
| Net Assets | 969,652.0 |
| Net Expense Ratio | 1.3 |
| Open | 6.48 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.13000011 |
| Post Market Change Percent | -2.047246 |
| Post Market Price | 6.22 |
| Post Market Time | 1,776,470,170 |
| Previous Close | 6.23 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.12 |
| Regular Market Change Percent | 1.92616 |
| Regular Market Day High | 6.36 |
| Regular Market Day Low | 6.22 |
| Regular Market Day Range | 6.22 - 6.36 |
| Regular Market Open | 6.48 |
| Regular Market Previous Close | 6.23 |
| Regular Market Price | 6.35 |
| Regular Market Time | 1,776,455,949 |
| Regular Market Volume | 54,305 |
| Short Name | Tradr 2X Long NNE Daily ETF |
| Source Interval | 15 |
| Symbol | NNEX |
| Total Assets | 969,652 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -40.17788 |
| Trailing Three Month Returns | -40.17788 |
| Triggerable | 1 |
| Two Hundred Day Average | 12.990481 |
| Two Hundred Day Average Change | -6.6404815 |
| Two Hundred Day Average Change Percent | -0.5111806 |
| Type Disp | ETF |
| Volume | 54,305 |
| Ytd Return | -40.17788 |