Leverage Shares 2X Long OSCR Daily ETF (OSCG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
30.83 USD
+0.32
(1.038%)
⇧
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:52 a.m. EDT
This instrument presents a classic case of a leveraged daily ETF where the underlying asset has effectively ceased to function as a viable investment vehicle. The price history reveals a catastrophic failure of the compounding mechanism: despite the fund being designed for 2x long exposure, the price has collapsed from a high of $35.14 to a low of $4.47 over the last year, representing a structural implosion rather than a standard drawdown. The recent price action shows a volatile, erratic bounce, but the proximity to the fifty-two-week low indicates that the market has priced in a permanent loss of capital due to the decay inherent in holding leveraged products during extended downtrends. The short-term outlook remains neutral-to-negative because the statistical forecasting model explicitly flags itself as unreliable ('VERY LOW' confidence), meaning there is no mathematical edge to exploit in the immediate noise. While the recent price action shows some recovery, the lack of volume relative to the average and the absence of meaningful options flow suggest that smart money is not stepping in to catch a falling knife. The leverage acts as a magnifier of the underlying asset's decline, turning a market correction into a capital destruction event. Long-term participation is impossible to justify. The 'annual_trajectory_summary' is empty, which for a leveraged product usually implies the data series is too broken or the fund has been delisted/merged, but even assuming the data exists, the trajectory is a multi-year decline. A leveraged ETF cannot generate positive alpha over long horizons; it is a tool for tactical, short-duration trading only. Holding this for anything longer than a few days invites guaranteed erosion of principal due to volatility drag. Finally, the dividend profile is non-existent. As a leveraged ETF tracking an index, it does not generate cash flow to distribute. There is no yield to offset the massive drag on returns. Investors looking for income or a stable compounder are completely misaligned with this product. The only rational strategy is to avoid accumulation entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.109806 |
| AutoETS | 0.405557 |
| MSTL | 0.421594 |
| AutoARIMA | 0.798108 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 0.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.016 |
| Excess Kurtosis | 1.01 |
As of July 11, 2026, 5:52 a.m. EDT: Speculator positioning is extremely thin and fragmented across expirations, offering no clear directional bias. In the near term (July), volume is negligible with a slight put skew at lower strikes. For September and December, open interest is heavily concentrated deep out-of-the-money on both sides, while ATM and ITM positions show minimal activity. This lack of liquidity and concentration suggests the market is not actively hedging or betting on a specific move, rendering the options data inconclusive for directional signals.
| Attribute | Value |
|---|---|
| All Time High | 35.14 |
| All Time Low | 4.47 |
| Ask | 39.42 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 5,890 |
| Average Daily Volume3 Month | 9,270 |
| Average Volume | 9,270 |
| Average Volume10Days | 5,890 |
| Beta3 Year | 0.0 |
| Bid | 23.89 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.8268 |
| Day Low | 29.96 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 22.53236 |
| Fifty Day Average Change | 8.294439 |
| Fifty Day Average Change Percent | 0.36811233 |
| Fifty Two Week Change Percent | 116.87393 |
| Fifty Two Week High | 35.14 |
| Fifty Two Week High Change | -4.3132 |
| Fifty Two Week High Change Percent | -0.122743316 |
| Fifty Two Week Low | 4.47 |
| Fifty Two Week Low Change | 26.3568 |
| Fifty Two Week Low Change Percent | 5.896376 |
| Fifty Two Week Range | 4.47 - 35.14 |
| First Trade Date Milliseconds | 1,762,353,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,762,214,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-11-05 |
| 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 (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of OSCR, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long OSCR Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1960872448 |
| Nav Price | 30.9005 |
| Net Assets | 1,595,569.0 |
| Net Expense Ratio | 0.75 |
| Open | 30.155 |
| Previous Close | 30.51 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.31679916 |
| Regular Market Change Percent | 1.0383453 |
| Regular Market Day High | 30.8268 |
| Regular Market Day Low | 29.96 |
| Regular Market Day Range | 29.96 - 30.8268 |
| Regular Market Open | 30.155 |
| Regular Market Previous Close | 30.51 |
| Regular Market Price | 30.8268 |
| Regular Market Time | 1,784,059,200 |
| Regular Market Volume | 1,293 |
| Short Name | Leverage Shares 2X Long OSCR Da |
| Source Interval | 15 |
| Symbol | OSCG |
| Total Assets | 1,595,569 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 428.63135 |
| Trailing Three Month Returns | 428.63135 |
| Triggerable | 1 |
| Two Hundred Day Average | 13.1776705 |
| Two Hundred Day Average Change | 17.649128 |
| Two Hundred Day Average Change Percent | 1.3393208 |
| Type Disp | ETF |
| Volume | 1,293 |
| Ytd Return | 197.42203 |