Leverage Shares 2X Long NVDA Daily ETF (NVDG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
18.00 USD
-0.41
(-2.227%) ⇩
(April 21, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | April 19, 2026, midnight EDT
NVDG is currently a high-conviction long-term play on the Nvidia ecosystem (NVDA underperformance relative to 2x leverage is fine, provided the stock doesn't crash), evidenced by massive zero-cost collars at deep OTM calls far ahead. The instrument's 14.37% yield is spurious principal decay distribution, not asset growth, making it unsuitable for capital preservation but excellent for high-risk/reward directional exposure. With the 200-day average now in the ±40% range below price, momentum is strong, but the long-dated options flow shows 'sleeping' positions rather than risk-off hedging, suggesting long-term upside is priced in. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.090607 |
| AutoETS | 0.095242 |
| AutoARIMA | 0.096293 |
| AutoTheta | 0.126436 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 5.60 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.702 |
| Excess Kurtosis | -0.30 |
As of April 19, 2026, midnight EDT: Options flow indicates bullish positioning but acknowledges the instrument's index nature. For the 1-week (Apr 17) expiry, there is significant short-side positioning at OTM strikes (13/16) and notable 'New Flow' volume entering 14 ATM calls, suggesting immediate calls flyers. However, near-term put Call/Put Open Interest (OI) at 13 and 16 strikes is heavily skewed toward sellers (OI >> Vol), while call OI is low. The 1-month (May 15) shows a massive shift in risk support: OI explodes at 15 and 17 call strikes while put OI remains negligible, signaling a 'bird dog' strategy (selling the option premium at expiration). However, looking 2-3 months out (Aug 21/Nov 20), the data flips dramatically. Put OI drops to near zero, while Call OI spikes massively at deep OTM strikes (Nov: 15, Aug: 27/30), indicating long-dated equity positioning for continued upside. The implied volatility surface is valid (no anomalies like 100% IV ratios on deep ITM), supporting the directional thesis.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 1.99 | 11.671555 |
| Attribute | Value |
|---|---|
| All Time High | 25.34 |
| All Time Low | 4.99 |
| Ask | 23.05 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 317,850 |
| Average Daily Volume3 Month | 324,991 |
| Average Volume | 324,991 |
| Average Volume10Days | 317,850 |
| Beta3 Year | 0.0 |
| Bid | 13.23 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.4999 |
| Day Low | 17.885 |
| Dividend Yield | 14.37 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.66194 |
| Fifty Day Average Change | 2.3380604 |
| Fifty Day Average Change Percent | 0.14928293 |
| Fifty Two Week Change Percent | 170.67668 |
| Fifty Two Week High | 25.34 |
| Fifty Two Week High Change | -7.34 |
| Fifty Two Week High Change Percent | -0.28966063 |
| Fifty Two Week Low | 6.59 |
| Fifty Two Week Low Change | 11.41 |
| Fifty Two Week Low Change Percent | 1.7314112 |
| Fifty Two Week Range | 6.59 - 25.34 |
| First Trade Date Milliseconds | 1,734,100,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,733,961,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-12-13 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. It invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics, that, in combination, provide 200% daily leveraged exposure to NVDA, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long NVDA Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1889224571 |
| Nav Price | 18.4239 |
| Net Assets | 33,938,860.0 |
| Net Expense Ratio | 0.76 |
| Open | 18.48 |
| Pre Market Change | 0.25900078 |
| Pre Market Change Percent | 1.4388932 |
| Pre Market Price | 18.259 |
| Pre Market Time | 1,776,849,170 |
| Previous Close | 18.41 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.41 |
| Regular Market Change Percent | -2.22705 |
| Regular Market Day High | 18.4999 |
| Regular Market Day Low | 17.885 |
| Regular Market Day Range | 17.885 - 18.4999 |
| Regular Market Open | 18.48 |
| Regular Market Previous Close | 18.41 |
| Regular Market Price | 18.0 |
| Regular Market Time | 1,776,801,600 |
| Regular Market Volume | 114,016 |
| Short Name | Leverage Shares 2X Long NVDA Da |
| Source Interval | 15 |
| Symbol | NVDG |
| Total Assets | 33,938,860 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -17.7526 |
| Trailing Three Month Returns | -17.7526 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.67222 |
| Two Hundred Day Average Change | 0.32777977 |
| Two Hundred Day Average Change Percent | 0.018547742 |
| Type Disp | ETF |
| Volume | 114,016 |
| Yield | 0.1437 |
| Ytd Return | -17.7526 |