T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ)Trading--Inverse Equity | Exchange Traded Fund | Cboe US
9.16 USD
+0.77
(9.178%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 9.15 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:39 a.m. EDT
This instrument is a leveraged inverse bet on NVIDIA, and the data confirms a brutal reality: the underlying asset has collapsed over the last year, dragging this ETF down nearly 79%. For a long-term holder, this is a value trap; the massive drop reflects a fundamental shift in market expectations for the chip giant, not a temporary glitch. The balance sheet is irrelevant here because the product itself is losing value daily. Short-term, the technicals are screaming 'sell,' with the price trading well below its 50-day and 200-day averages, indicating a prolonged downtrend. Options flow reinforces this, with traders buying protection (puts) rather than hoping for a bounce. The recent dividend is a minor distraction in a sea of red; it does not offset the structural decline of the business being shorted. This is a high-risk, speculative vehicle for aggressive traders looking to profit from a crash, but it offers no safety margin for investors seeking stability or recovery. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.130644 |
| AutoETS | 0.138971 |
| AutoTheta | 0.279414 |
| AutoARIMA | 0.484483 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 1.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.712 |
| Excess Kurtosis | -0.53 |
As of Aug. 22, 2026, 1:39 a.m. EDT: Speculators are aggressively positioning for further downside in the near term. September put volume and open interest significantly outpace calls, with heavy concentration at strikes below the current price. While there is some call activity at distant strikes (likely hedging against a massive rebound in the underlying), the overwhelming sentiment is bearish, betting on continued weakness in the underlying technology leader.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.27% | 0.27% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-24 | 0.044 | 0.267966 |
| 2024-12-24 | 3.040 | 4.975450 |
| 2023-12-26 | 130.440 | 11.504472 |
| Attribute | Value |
|---|---|
| All Time High | 2,032.2 |
| All Time Low | 5.34 |
| Ask | 9.16 |
| Ask Size | 41,000 |
| Average Daily Volume10 Day | 6,691,640 |
| Average Daily Volume3 Month | 4,343,845 |
| Average Volume | 4,343,845 |
| Average Volume10Days | 6,691,640 |
| Beta3 Year | 0.0 |
| Bid | 9.12 |
| Bid Size | 51,700 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.2201 |
| Day Low | 8.31 |
| Dividend Yield | 0.39 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 10.7773 |
| Fifty Day Average Change | -1.6173 |
| Fifty Day Average Change Percent | -0.15006542 |
| Fifty Two Week Change Percent | -62.544643 |
| Fifty Two Week High | 24.4 |
| Fifty Two Week High Change | -15.24 |
| Fifty Two Week High Change Percent | -0.62459016 |
| Fifty Two Week Low | 8.16 |
| Fifty Two Week Low Change | 1.0 |
| Fifty Two Week Low Change Percent | 0.12254902 |
| Fifty Two Week Range | 8.16 - 24.4 |
| First Trade Date Milliseconds | 1,697,722,200,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.77 |
| Fullday Change Percent | 9.17759 |
| Fullday Price | 9.15 |
| Fund Family | Rex |
| Fund Inception Date | 1,697,587,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| 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 NVDA on a daily basis. The fund is non-diversified. |
| Long Name | T-Rex 2X Inverse NVIDIA Daily Target ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1837428498 |
| Nav Price | 10.18 |
| Net Assets | 18,714,888.0 |
| Net Expense Ratio | 1.05 |
| Open | 8.44 |
| Post Market Change | -0.010000229 |
| Post Market Change Percent | -0.109172806 |
| Post Market Price | 9.15 |
| Post Market Time | 1,787,961,538 |
| Previous Close | 8.39 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.77 |
| Regular Market Change Percent | 9.17759 |
| Regular Market Day High | 9.2201 |
| Regular Market Day Low | 8.31 |
| Regular Market Day Range | 8.31 - 9.2201 |
| Regular Market Open | 8.44 |
| Regular Market Previous Close | 8.39 |
| Regular Market Price | 9.16 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 10,219,457 |
| Short Name | T-Rex 2X Inverse NVIDIA Daily T |
| Source Interval | 15 |
| Symbol | NVDQ |
| Total Assets | 18,714,888 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -12.82642 |
| Trailing Three Month Returns | -12.82642 |
| Triggerable | 1 |
| Two Hundred Day Average | 14.232625 |
| Two Hundred Day Average Change | -5.072625 |
| Two Hundred Day Average Change Percent | -0.35640827 |
| Type Disp | ETF |
| Volume | 10,219,457 |
| Yield | 0.0039 |
| Ytd Return | -32.44048 |