Leverage Shares 2X Long ORLY Daily ETF (ORLG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
11.38 USD
+0.31
(2.798%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:18 a.m. EDT
This instrument is a leveraged daily ETF tracking ORLY, meaning it suffers from severe decay when the underlying asset trends sideways or down. The recent price action shows a volatile recovery from lows near $10.67 to highs around $13.01, yet it remains significantly below its 50-day average of $12.52, indicating the broader trend is still bearish. The statistical forecast model predicts a further decline of roughly 3% over the next 45 days, though with low confidence. Crucially, the options data reveals a stark divergence: traders are buying protection (puts) for the October expiry while showing almost zero appetite for calls. This defensive positioning suggests the market expects the leverage to continue working against the holder. Combined with the lack of any dividend income and the inherent risks of holding a 2x leveraged product in a non-upward trending environment, there is no compelling case for a long position. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.050692 |
| MSTL | 0.099685 |
| AutoARIMA | 0.101358 |
| AutoETS | 0.101833 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 4.10 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.902 |
| Excess Kurtosis | 0.19 |
As of July 11, 2026, 3:18 a.m. EDT: Speculators are positioning defensively with heavy put volume at the October expiration, betting on a drop to the $12 strike. Conversely, call interest is negligible and concentrated in deep out-of-the-money strikes for July, suggesting a lack of conviction in immediate upside despite the recent price rally.
| Attribute | Value |
|---|---|
| All Time High | 16.993 |
| All Time Low | 10.28 |
| Ask | 14.43 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 7,370 |
| Average Daily Volume3 Month | 2,414 |
| Average Volume | 2,414 |
| Average Volume10Days | 7,370 |
| Beta3 Year | 0.0 |
| Bid | 8.3 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.53 |
| Day Low | 11.23 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.43502 |
| Fifty Day Average Change | -1.0553207 |
| Fifty Day Average Change Percent | -0.08486683 |
| Fifty Two Week Change Percent | -21.66311 |
| Fifty Two Week High | 16.993 |
| Fifty Two Week High Change | -5.6133003 |
| Fifty Two Week High Change Percent | -0.33033016 |
| Fifty Two Week Low | 10.28 |
| Fifty Two Week Low Change | 1.0997 |
| Fifty Two Week Low Change Percent | 0.106974706 |
| Fifty Two Week Range | 10.28 - 16.993 |
| First Trade Date Milliseconds | 1,768,487,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,768,348,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,026-01-15 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on an investment by The fund invests in the Underlying Security that is equal, on a daily basis, to 200% of the value of the fund’s net assets. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long ORLY Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1973821786 |
| Nav Price | 11.1487 |
| Net Assets | 256,960.0 |
| Net Expense Ratio | 0.75 |
| Open | 11.53 |
| Previous Close | 11.07 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.3097 |
| Regular Market Change Percent | 2.7976515 |
| Regular Market Day High | 11.53 |
| Regular Market Day Low | 11.23 |
| Regular Market Day Range | 11.23 - 11.53 |
| Regular Market Open | 11.53 |
| Regular Market Previous Close | 11.07 |
| Regular Market Price | 11.3797 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 1,810 |
| Short Name | Leverage Shares 2X Long ORLY Da |
| Source Interval | 15 |
| Symbol | ORLG |
| Total Assets | 256,960 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -5.40839 |
| Trailing Three Month Returns | -5.40839 |
| Triggerable | 1 |
| Two Hundred Day Average | 13.477607 |
| Two Hundred Day Average Change | -2.097907 |
| Two Hundred Day Average Change Percent | -0.15565872 |
| Type Disp | ETF |
| Volume | 1,810 |