Tradr 2X Long OPEN Daily ETF (OPEX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
27.09 USD
+0.61
(2.304%)
⇧
(April 20, 2026, 3:59 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 1:16 a.m. EDT
Despite recent price recover, OPEX is a 2x leveraged ETF with a catastrophic -29% underlying forecast and a 58-day drawdown vs its 200-day average. The massive OI in downside OTM calls (June 36 strike) vs weak April upside flow suggests smart money is hedging against a continued crush in the underlying OPEN stocks. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.263920 |
| AutoARIMA | 0.453054 |
| AutoETS | 0.468361 |
| MSTL | 0.506866 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.69 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.756 |
| Excess Kurtosis | -0.54 |
As of April 19, 2026, 1:16 a.m. EDT: Options activity is bidirectional and non-committal. April calls show marginal upside interest (27 strike new flow), but June calls exhibit massive out-of-the-money call writes (35/36 strikes) to anticipate a drop. Conversely, June puts are heavily volume-heavy in the deep ITM range (36 strike), while April puts are scarce. This indicates a 'shutdown' or high-beta volatility play where speculators are selling defined risk on both sides rather than taking directional exposure.
| Attribute | Value |
|---|---|
| All Time High | 128.445 |
| All Time Low | 16.271 |
| Ask | 28.13 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 41,030 |
| Average Daily Volume3 Month | 72,096 |
| Average Volume | 72,096 |
| Average Volume10Days | 41,030 |
| Beta3 Year | 0.0 |
| Bid | 26.66 |
| Bid Size | 600 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 27.12 |
| Day Low | 25.47 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.39794 |
| Fifty Day Average Change | 2.6920605 |
| Fifty Day Average Change Percent | 0.110339664 |
| Fifty Two Week Change Percent | -65.9887 |
| Fifty Two Week High | 128.445 |
| Fifty Two Week High Change | -101.35501 |
| Fifty Two Week High Change Percent | -0.78909266 |
| Fifty Two Week Low | 16.271 |
| Fifty Two Week Low Change | 10.819 |
| Fifty Two Week Low Change Percent | 0.66492534 |
| Fifty Two Week Range | 16.271 - 128.445 |
| First Trade Date Milliseconds | 1,761,226,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,761,091,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of OPEN. This may include OPEN stock in addition to financial instruments. The fund is non-diversified. |
| Long Name | Tradr 2X Long OPEN Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1960496278 |
| Nav Price | 26.8509 |
| Net Assets | 10,357,139.0 |
| Net Expense Ratio | 1.3 |
| Open | 25.8 |
| Phone | (414) 299-2295 |
| Pre Market Change | 0.7749996 |
| Pre Market Change Percent | 2.9086118 |
| Pre Market Price | 27.42 |
| Pre Market Time | 1,776,769,998 |
| Previous Close | 26.48 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.610001 |
| Regular Market Change Percent | 2.30363 |
| Regular Market Day High | 27.12 |
| Regular Market Day Low | 25.47 |
| Regular Market Day Range | 25.47 - 27.12 |
| Regular Market Open | 25.8 |
| Regular Market Previous Close | 26.48 |
| Regular Market Price | 27.09 |
| Regular Market Time | 1,776,715,190 |
| Regular Market Volume | 29,411 |
| Short Name | Tradr 2X Long OPEN Daily ETF |
| Source Interval | 15 |
| Symbol | OPEX |
| Total Assets | 10,357,139 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -49.30384 |
| Trailing Three Month Returns | -49.30384 |
| Triggerable | 1 |
| Two Hundred Day Average | 46.815205 |
| Two Hundred Day Average Change | -19.725204 |
| Two Hundred Day Average Change Percent | -0.42134184 |
| Type Disp | ETF |
| Volume | 29,411 |
| Ytd Return | -49.30384 |