Tradr 2X Long OPEN Daily ETF (OPEX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
7.65 USD
-0.45
(-5.579%) ⇩
(Aug. 28, 2026, 3:59 p.m.
EDT)
After hours: 7.65 +0.00 (0.025%) ⇧ (Aug. 28, 2026, 7:50 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:15 a.m. EDT
This is a dangerous instrument for traditional investors. The data reveals a leveraged daily ETF (2x long) that has suffered catastrophic decay, dropping from a high of $128 to trade near $9. This represents a loss of over 90% of its peak value, a structural implosion typical of leveraged products held through volatile periods. The recent price action shows a chaotic, range-bound bounce off the lows, but the heavy resistance from the 50-day average ($14.24) and the 200-day average ($32.74) act as insurmountable walls for any serious recovery attempt. The statistical forecast model correctly identifies a weak bearish lean (-6.63%), confirming that the recent bounce lacks statistical significance. While the options chain shows wild speculation at extreme strikes, this is noise; the underlying mechanics of a leveraged fund resetting daily losses ensure that without a sustained, violent rally back above the 200-day moving average, the path of least resistance remains sharply downward. Avoid this entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.214698 |
| MSTL | 0.314592 |
| AutoETS | 0.316709 |
| AutoARIMA | 0.316709 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 1.02 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.153 |
| Excess Kurtosis | -1.24 |
As of Aug. 22, 2026, 2:15 a.m. EDT: Speculator positioning is extremely thin and skewed toward out-of-the-money calls, indicating a speculative 'lottery ticket' mindset rather than a directional bet. The massive volume spike at distant strikes (30.0 and 40.0) suggests traders are buying cheap insurance or leverage for a massive moonshot, while the lack of In-The-Money (ITM) volume implies no one believes the current price can sustainably reach those levels without a miracle. Put writing is minimal, suggesting a lack of organized hedging against a crash.
| Attribute | Value |
|---|---|
| All Time High | 128.445 |
| All Time Low | 7.5 |
| Ask | 7.85 |
| Ask Size | 1,700 |
| Average Daily Volume10 Day | 72,070 |
| Average Daily Volume3 Month | 102,451 |
| Average Volume | 102,451 |
| Average Volume10Days | 72,070 |
| Beta3 Year | 0.0 |
| Bid | 7.74 |
| Bid Size | 3,400 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.31 |
| Day Low | 7.6481 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.34462 |
| Fifty Day Average Change | -5.69652 |
| Fifty Day Average Change Percent | -0.42687765 |
| Fifty Two Week Change Percent | -89.830505 |
| Fifty Two Week High | 128.445 |
| Fifty Two Week High Change | -120.796906 |
| Fifty Two Week High Change Percent | -0.9404562 |
| Fifty Two Week Low | 7.5 |
| Fifty Two Week Low Change | 0.1480999 |
| Fifty Two Week Low Change Percent | 0.019746654 |
| Fifty Two Week Range | 7.5 - 128.445 |
| First Trade Date Milliseconds | 1,761,226,200,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.4519 |
| Fullday Change Percent | -5.57902 |
| Fullday Price | 7.65 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1960496278 |
| Nav Price | 8.2403 |
| Net Assets | 8,359,587.0 |
| Net Expense Ratio | 1.3 |
| Open | 8.12 |
| Phone | (414) 299-2295 |
| Post Market Change | 0.0019001961 |
| Post Market Change Percent | 0.024845336 |
| Post Market Price | 7.65 |
| Post Market Time | 1,787,961,022 |
| Previous Close | 8.1 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.4519 |
| Regular Market Change Percent | -5.57902 |
| Regular Market Day High | 8.31 |
| Regular Market Day Low | 7.6481 |
| Regular Market Day Range | 7.6481 - 8.31 |
| Regular Market Open | 8.12 |
| Regular Market Previous Close | 8.1 |
| Regular Market Price | 7.6481 |
| Regular Market Time | 1,787,947,145 |
| Regular Market Volume | 67,027 |
| Short Name | Tradr 2X Long OPEN Daily ETF |
| Source Interval | 15 |
| Symbol | OPEX |
| Total Assets | 8,359,587 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -60.0508 |
| Trailing Three Month Returns | -60.0508 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.081675 |
| Two Hundred Day Average Change | -23.433575 |
| Two Hundred Day Average Change Percent | -0.7539354 |
| Type Disp | ETF |
| Volume | 67,027 |
| Ytd Return | -74.52436 |