T-Rex 2X Long NVIDIA Daily Target ETF (NVDX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
18.50 USD
+0.08
(0.407%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:20 a.m. EDT
Despite the recent 14-day price surge, NVDX presents as a dangerous instrument for long-term holds due to its diurnal decay nature and lack of intrinsic value (no dividend, high risk). The 2% annual double-leverage approach is mathematically hostile over multi-year horizons for volatile assets like NVDA, leading to a 0 long-term rating. However, the recent price momentum (appears to be approaching $50-$60 based on recent history context) could offer a short-term trade opportunity. The large OI wall at the 20.0 strike in distant months implies speculators still expect a severe drop from here, potentially creating a contrarian buying setup if the recent upward trend holds, but the instrument remains unsuitable for income or stability. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.067511 |
| AutoETS | 0.067629 |
| AutoARIMA | 0.068629 |
| AutoTheta | 0.086421 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 66% |
| H-stat | 1.54 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.630 |
| Excess Kurtosis | -0.14 |
| Attribute | Value |
|---|---|
| Trailing P/E | 47.26 |
As of April 19, 2026, 12:20 a.m. EDT: Short-term expiry options show mixed directional flow. April 17th sees elevated ATM implied volatility and significant OI at strikes near current price (18.0) suggesting a range-bound expectation. However, distant-dated legs (May/June) reveal a distinct 'betting on the deviation' strategy. Out-of-the-money (OTM) call OI is heavily clustered at 20.0 (+54% from previous periods), while puts have massive OI at down-side strikes (6.0, 5.0), indicating hedgers or contrarians betting on a massive pullback similar to the 2022/2023 decline. The extreme IV disparity (e.g., 253% IV spike on 6.0 puts vs 77% ATM) suggests fear of a localized crash, which currently conflicts with the recent 14-day price momentum.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 3.25% | 3.25% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-24 | 0.573 | 3.251986 |
| 2024-12-24 | 2.168 | 14.514378 |
| Attribute | Value |
|---|---|
| All Time High | 24.1 |
| All Time Low | 2.141 |
| Ask | 0.0 |
| Ask Size | 2,200 |
| Average Daily Volume10 Day | 13,850,280 |
| Average Daily Volume3 Month | 14,924,085 |
| Average Volume | 14,924,085 |
| Average Volume10Days | 13,850,280 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 8,900 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.51 |
| Day Low | 17.73 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 0.391433 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.7693 |
| Fifty Day Average Change | 2.7306995 |
| Fifty Day Average Change Percent | 0.17316554 |
| Fifty Two Week Change Percent | 207.30896 |
| Fifty Two Week High | 24.1 |
| Fifty Two Week High Change | -5.6000004 |
| Fifty Two Week High Change Percent | -0.23236516 |
| Fifty Two Week Low | 5.845 |
| Fifty Two Week Low Change | 12.655001 |
| Fifty Two Week Low Change Percent | 2.1650987 |
| Fifty Two Week Range | 5.845 - 24.1 |
| First Trade Date Milliseconds | 1,697,722,200,000 |
| Full Exchange Name | Cboe US |
| 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% exposure to the price performance of NVDA on a daily basis. The fund is non-diversified. |
| Long Name | T-Rex 2X Long NVIDIA Daily Target ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1837428537 |
| Nav Price | 18.5 |
| Net Assets | 471,126,432.0 |
| Net Expense Ratio | 1.05 |
| Open | 18.11 |
| Pre Market Change | 0.040000916 |
| Pre Market Change Percent | 0.21622117 |
| Pre Market Price | 18.54 |
| Pre Market Time | 1,776,777,910 |
| Previous Close | 18.425 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0750008 |
| Regular Market Change Percent | 0.40706 |
| Regular Market Day High | 18.51 |
| Regular Market Day Low | 17.73 |
| Regular Market Day Range | 17.73 - 18.51 |
| Regular Market Open | 18.11 |
| Regular Market Previous Close | 18.425 |
| Regular Market Price | 18.5 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 7,910,278 |
| Short Name | T-Rex 2X Long NVIDIA Daily Targ |
| Source Interval | 15 |
| Symbol | NVDX |
| Total Assets | 471,126,432 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 47.262238 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -18.66978 |
| Trailing Three Month Returns | -18.66978 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.180275 |
| Two Hundred Day Average Change | 1.319725 |
| Two Hundred Day Average Change Percent | 0.07681629 |
| Type Disp | ETF |
| Volume | 7,910,278 |
| Yield | 0.0 |
| Ytd Return | -18.66978 |