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Leverage Shares 2X Long OPEN Daily ETF (OPEG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
1.94 USD -0.11 (-5.367%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 1.95 +0.01 (0.273%) ⇧ (Aug. 28, 2026, 4:17 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:14 a.m. EDT

This instrument is a high-risk leveraged bet on a theme (OPEN) that has suffered a catastrophic collapse, dropping from a high of $16.86 to trade near $2.20. The recent price action confirms a brutal downtrend, with the asset trading well below its 50-day and 200-day moving averages, which act as heavy resistance. The lack of any dividend history and the nature of the underlying asset mean there is no floor to catch a falling knife. While the statistical forecast model suggests a slight downward lean, its low reliability makes it a weak signal compared to the overwhelming technical breakdown. The options market is screaming 'sell,' with put buyers aggressively hedging against further losses. For a short-term trader, the momentum is firmly bearish, making this a poor candidate for a long entry until the structure of the chart fundamentally changes.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.243267
AutoARIMA0.294292
AutoETS0.313628
MSTL0.349932

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 30%
H-stat 4.58
Ljung-Box p 0.000
Jarque-Bera p 0.447
Excess Kurtosis -0.23

As of Aug. 22, 2026, 2:14 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to calls, particularly targeting strikes significantly below the current price (e.g., $5.00 and $6.00 puts showing elevated volume and open interest). The implied volatility skew is extreme, with ATM puts trading at nearly 4x the premium of ATM calls, indicating a strong fear of a sharp decline. Call activity is sparse, with notable but isolated buying at deep out-of-the-money strikes ($10.00), suggesting a speculative hope for a massive rally rather than a consensus bullish view.


Info Dump

Attribute Value
All Time High 16.86
All Time Low 1.885
Ask 3.32
Ask Size 2
Average Daily Volume10 Day 110,500
Average Daily Volume3 Month 93,430
Average Volume 93,430
Average Volume10Days 110,500
Beta3 Year 0.0
Bid 2.12
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 2.0949
Day Low 1.9447
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.29962
Fifty Day Average Change -1.3549199
Fifty Day Average Change Percent -0.4106291
Fifty Two Week Change Percent -87.187935
Fifty Two Week High 16.86
Fifty Two Week High Change -14.9153
Fifty Two Week High Change Percent -0.88465595
Fifty Two Week Low 1.885
Fifty Two Week Low Change 0.059700012
Fifty Two Week Low Change Percent 0.031671096
Fifty Two Week Range 1.885 - 16.86
First Trade Date Milliseconds 1,765,463,400,000
Full Exchange Name NasdaqGM
Fullday Change -0.1103
Fullday Change Percent -5.3674
Fullday Price 1.95
Fund Family Themes ETF Trust
Fund Inception Date 1,765,324,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-12-11
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed ETF. The fund invests at least 80% of its net assets in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of OPEN, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Leverage Shares 2X Long OPEN Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1969922968
Nav Price 2.0487
Net Assets 1,157,132.0
Net Expense Ratio 0.75
Open 2.0949
Post Market Change 0.005300045
Post Market Change Percent 0.27253792
Post Market Price 1.95
Post Market Time 1,787,948,225
Previous Close 2.055
Price Hint 4
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.110300064
Regular Market Change Percent -5.367399
Regular Market Day High 2.0949
Regular Market Day Low 1.9447
Regular Market Day Range 1.9447 - 2.0949
Regular Market Open 2.0949
Regular Market Previous Close 2.055
Regular Market Price 1.9447
Regular Market Time 1,787,947,200
Regular Market Volume 454,182
Short Name Leverage Shares 2X Long OPEN Da
Source Interval 15
Symbol OPEG
Total Assets 1,157,132
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -59.20502
Trailing Three Month Returns -59.20502
Triggerable 1
Two Hundred Day Average 6.127067
Two Hundred Day Average Change -4.1823673
Two Hundred Day Average Change Percent -0.6826051
Type Disp ETF
Volume 454,182
Ytd Return -73.23267