Defiance Daily Target 2X Long ONDS ETF (ONDL)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
6.49 USD
-1.57
(-19.479%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 6.57 +0.08 (1.233%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:12 a.m. EDT
This instrument is a high-octane tactical play, not a long-term investment. The recent price action shows a violent rejection of the highs, dropping from $10.55 back to $7.59, which aligns with the massive gap between the 50-day ($8.27) and 200-day ($18.40) averages. This indicates the market has completely repriced the underlying drone sector thesis, likely due to the geopolitical easing mentioned in the news. While the short-term momentum is building a potential bounce off these lows—supported by the $6 call wall acting as a speculative floor—the long-term outlook remains neutral to bearish given the structural disconnect from historical valuations. There is no dividend to provide a safety net, making this purely a momentum trade dependent on renewed geopolitical friction or a successful product rollout to reverse the trend. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.130861 |
| AutoETS | 0.130861 |
| MSTL | 0.144721 |
| AutoTheta | 0.287388 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 0.81 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.757 |
| Excess Kurtosis | -0.25 |
As of Aug. 22, 2026, 2:12 a.m. EDT: Speculators are positioning for continued volatility with heavy open interest in out-of-the-money calls at the $6 strike, suggesting a belief in a sharp upward spike. However, the lack of volume in these strikes indicates this is likely passive hedging or long-dated positioning rather than active aggressive buying. Conversely, significant put open interest at the $6 strike for February 2027 suggests a floor is being established there, creating a defined-risk range between $6 and $10. The implied volatility is elevated, reflecting uncertainty about whether the asset will recover from its recent lows or continue its decline.
| Attribute | Value |
|---|---|
| All Time High | 59.289 |
| All Time Low | 4.7 |
| Ask | 6.6 |
| Ask Size | 3,800 |
| Average Daily Volume10 Day | 1,124,410 |
| Average Daily Volume3 Month | 1,615,817 |
| Average Volume | 1,615,817 |
| Average Volume10Days | 1,124,410 |
| Beta3 Year | 0.0 |
| Bid | 6.5 |
| Bid Size | 1,200 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.96 |
| Day Low | 6.455 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.7975 |
| Fifty Day Average Change | -1.3075004 |
| Fifty Day Average Change Percent | -0.16768199 |
| Fifty Two Week Change Percent | -71.06554 |
| Fifty Two Week High | 59.289 |
| Fifty Two Week High Change | -52.799004 |
| Fifty Two Week High Change Percent | -0.89053625 |
| Fifty Two Week Low | 4.7 |
| Fifty Two Week Low Change | 1.79 |
| Fifty Two Week Low Change Percent | 0.38085106 |
| Fifty Two Week Range | 4.7 - 59.289 |
| First Trade Date Milliseconds | 1,767,105,000,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -1.5700006 |
| Fullday Change Percent | -19.478916 |
| Fullday Price | 6.57 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,766,966,400 |
| 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. It is non-diversified. |
| Long Name | Defiance Daily Target 2X Long ONDS ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1973668808 |
| Nav Price | 8.0768 |
| Net Assets | 33,749,564.0 |
| Net Expense Ratio | 1.31 |
| Open | 7.71 |
| Post Market Change | 0.0800004 |
| Post Market Change Percent | 1.2326719 |
| Post Market Price | 6.57 |
| Post Market Time | 1,787,961,559 |
| Previous Close | 8.06 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.57 |
| Regular Market Change Percent | -19.4789 |
| Regular Market Day High | 7.96 |
| Regular Market Day Low | 6.455 |
| Regular Market Day Range | 6.455 - 7.96 |
| Regular Market Open | 7.71 |
| Regular Market Previous Close | 8.06 |
| Regular Market Price | 6.49 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,674,997 |
| Short Name | Defiance Daily Target 2X Long O |
| Source Interval | 15 |
| Symbol | ONDL |
| Total Assets | 33,749,564 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -63.19833 |
| Trailing Three Month Returns | -63.19833 |
| Triggerable | 1 |
| Two Hundred Day Average | 18.069252 |
| Two Hundred Day Average Change | -11.579252 |
| Two Hundred Day Average Change Percent | -0.64082634 |
| Type Disp | ETF |
| Volume | 1,674,997 |
| Ytd Return | -75.76256 |