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Defiance Daily Target 2X Long ORCL ETF (ORCX)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
22.92 USD -0.38 (-1.631%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 22.78 -0.14 (-0.140%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:18 a.m. EDT

This instrument is a high-risk leveraged product built on a brand-new security with zero historical price data. The 'long-term' rating is neutral simply because there is no multi-year track record to evaluate; the business quality of the underlying Oracle stock is irrelevant here because the ETF itself has no history. The short-term outlook is flat (neutral) because the recent price action shows the fund struggling to maintain its 2x leverage relative to its benchmarks, trading significantly below both its 50-day and 200-day averages. While the options chain shows aggressive speculation on a potential 2x or 3x spike, this is likely driven by the novelty of the first single-stock leveraged ETF rather than genuine conviction in a near-term rally. Without a dividend to provide any cushion and with the underlying asset showing significant weakness against moving averages, there is no compelling case to enter a position.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.760885
AutoARIMA0.780719
AutoETS0.787741
AutoTheta1.007735

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 29%
H-stat 4.55
Ljung-Box p 0.000
Jarque-Bera p 0.158
Excess Kurtosis -0.40
Attribute Value
Trailing P/E 36.15

As of Aug. 22, 2026, 2:18 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. Call volume is heavily skewed toward out-of-the-money strikes (25, 26, 40, 50, 80, 100), suggesting bets on a massive gap-up event, while put volume clusters around the money and slightly out-of-the-money (11, 15, 20, 34, 51), indicating hedging against a drop. The massive disparity in implied volatility between deep OTM calls/puts and ATM options confirms this is a volatility trade, not a trend trade.


Info Dump

Attribute Value
All Time High 181.59
All Time Low 13.71
Ask 26.84
Ask Size 2
Average Daily Volume10 Day 1,608,740
Average Daily Volume3 Month 3,030,947
Average Volume 3,030,947
Average Volume10Days 1,608,740
Beta3 Year 0.0
Bid 15.57
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 23.9
Day Low 22.6101
Dividend Yield 0.0
Eps Trailing Twelve Months 0.6339381
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.227
Fifty Day Average Change 1.6930008
Fifty Day Average Change Percent 0.07975695
Fifty Two Week Change Percent -73.13643
Fifty Two Week High 181.59
Fifty Two Week High Change -158.67
Fifty Two Week High Change Percent -0.8737816
Fifty Two Week Low 13.71
Fifty Two Week Low Change 9.21
Fifty Two Week Low Change Percent 0.6717724
Fifty Two Week Range 13.71 - 181.59
First Trade Date Milliseconds 1,738,938,600,000
Full Exchange Name NasdaqGM
Fullday Change -0.379999
Fullday Change Percent -1.6309
Fullday Price 22.78
Fund Family Defiance ETFs LLC
Fund Inception Date 1,738,800,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-02-07
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 ORCL ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1906029095
Nav Price 23.3009
Net Assets 236,564,880.0
Net Expense Ratio 1.36
Open 23.71
Post Market Change -0.13999939
Post Market Change Percent -0.61081755
Post Market Price 22.78
Post Market Time 1,787,961,543
Previous Close 23.3
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.379999
Regular Market Change Percent -1.6309
Regular Market Day High 23.9
Regular Market Day Low 22.6101
Regular Market Day Range 22.6101 - 23.9
Regular Market Open 23.71
Regular Market Previous Close 23.3
Regular Market Price 22.92
Regular Market Time 1,787,947,200
Regular Market Volume 1,607,233
Short Name Defiance Daily Target 2X Long O
Source Interval 15
Symbol ORCX
Total Assets 236,564,880
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 36.154953
Trailing Peg Ratio None
Trailing Three Month Nav Returns -43.59867
Trailing Three Month Returns -43.59867
Triggerable 1
Two Hundred Day Average 37.2937
Two Hundred Day Average Change -14.373701
Two Hundred Day Average Change Percent -0.385419
Type Disp ETF
Volume 1,607,233
Yield 0.0
Ytd Return -66.07626