Defiance Daily Target 2X Long NVO ETF (NVOX)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
14.01 USD
-0.43
(-2.978%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 14.23 +0.22 (1.543%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:43 a.m. EDT
This is a leveraged daily ETF tracking Novo Nordisk, and the data confirms it is currently in a dangerous, compressed state. The price has halved from its August highs, leaving it well below its 50-day and 200-day moving averages, which signals a severe trend reversal. The lack of any dividend history and the astronomical P/E ratio reflect the speculative nature of the underlying biotech giant, not the safety of this specific fund. While the options chain shows aggressive call buying hoping for a quick bounce, the overwhelming put open interest suggests the market is bracing for further downside or a volatile reset. For a daily leveraged product, this is a 'hold for rebalancing' scenario; trying to time a bounce here is fighting the weight of the 200-day average and the structural drag of leverage. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.152661 |
| AutoETS | 0.165274 |
| AutoTheta | 0.287256 |
| AutoARIMA | 0.307073 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 0.14 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.535 |
| Excess Kurtosis | -0.56 |
| Attribute | Value |
|---|---|
| Trailing P/E | 68.66 |
As of Aug. 22, 2026, 1:43 a.m. EDT: Speculators are positioning for extreme volatility rather than directional bias. In the near term (September), there is heavy call volume at strikes significantly above the current price, suggesting a bet on a sharp rally. However, the October expiration shows a massive imbalance in put open interest versus call open interest, with deep out-of-the-money puts holding significant volume and open interest compared to calls. This structure indicates a 'long gamma' setup where traders are betting on a violent drop or a gap-up event, rather than a steady grind higher.
| Attribute | Value |
|---|---|
| All Time High | 168.696 |
| All Time Low | 9.23 |
| Ask | 14.42 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 356,020 |
| Average Daily Volume3 Month | 421,614 |
| Average Volume | 421,614 |
| Average Volume10Days | 356,020 |
| Beta3 Year | 0.0 |
| Bid | 13.84 |
| Bid Size | 700 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.36 |
| Day Low | 13.905 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 0.20406277 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.755 |
| Fifty Day Average Change | -1.7449999 |
| Fifty Day Average Change Percent | -0.11075848 |
| Fifty Two Week Change Percent | -51.60858 |
| Fifty Two Week High | 36.0 |
| Fifty Two Week High Change | -21.99 |
| Fifty Two Week High Change Percent | -0.61083335 |
| Fifty Two Week Low | 9.23 |
| Fifty Two Week Low Change | 4.7800007 |
| Fifty Two Week Low Change Percent | 0.51787657 |
| Fifty Two Week Range | 9.23 - 36.0 |
| First Trade Date Milliseconds | 1,733,236,200,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.429999 |
| Fullday Change Percent | -2.97783 |
| Fullday Price | 14.2262 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,733,097,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long NVO ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1878723759 |
| Nav Price | 15.065 |
| Net Assets | 34,892,592.0 |
| Net Expense Ratio | 1.3 |
| Open | 14.35 |
| Post Market Change | 0.21619987 |
| Post Market Change Percent | 1.5431825 |
| Post Market Price | 14.2262 |
| Post Market Time | 1,787,961,354 |
| Previous Close | 14.44 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.429999 |
| Regular Market Change Percent | -2.97783 |
| Regular Market Day High | 14.36 |
| Regular Market Day Low | 13.905 |
| Regular Market Day Range | 13.905 - 14.36 |
| Regular Market Open | 14.35 |
| Regular Market Previous Close | 14.44 |
| Regular Market Price | 14.01 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 191,695 |
| Short Name | Defiance Daily Target 2X Long N |
| Source Interval | 15 |
| Symbol | NVOX |
| Total Assets | 34,892,592 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 68.65534 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 15.10086 |
| Trailing Three Month Returns | 15.10086 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.752375 |
| Two Hundred Day Average Change | -2.7423744 |
| Two Hundred Day Average Change Percent | -0.16370064 |
| Type Disp | ETF |
| Volume | 191,695 |
| Yield | 0.0 |
| Ytd Return | -31.20189 |