T-REX 2X Long PAAS Daily Target ETF (PAAU)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
10.95 USD
-0.21
(-1.840%) ⇩
(July 10, 2026, 3:11 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:24 a.m. EDT
The T-REX 2X Long PAAS Daily Target ETF is facing an existential crisis due to its imminent liquidation. The repeated news headlines confirm the fund is being shut down, which renders any traditional investment thesis moot as the vehicle for holding the underlying assets will cease to exist. The recent price action reflects this reality, with the share price collapsing from a high of $25.70 to around $11, trading well below its 50-day average. The options market is screaming 'crash'; traders are aggressively buying deep out-of-the-money puts for the December expiry, betting on a final freefall before the liquidation takes effect. With no dividends to speak of and a business model that is effectively dissolving, this is not a trade for investors seeking exposure to copper or silver; it is a speculative play on the mechanics of a failing ETF structure. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.190109 |
| AutoTheta | 0.190334 |
| MSTL | 0.193100 |
| AutoARIMA | 0.230297 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 2.49 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.462 |
| Excess Kurtosis | -0.90 |
As of July 11, 2026, 3:24 a.m. EDT: Speculators are overwhelmingly positioning for downside protection. In the December expiration, there is massive volume (29 contracts) and open interest (12 contracts) at the $8 strike, which is significantly out-of-the-money relative to current prices, indicating a strong bet on a severe crash. Conversely, call activity is sparse, with the only notable flow being a small amount of volume at the $8 strike, while the $12 strike shows zero volume despite having open interest. This asymmetry suggests a 'short squeeze' or 'crash' thesis rather than a rally expectation.
| Attribute | Value |
|---|---|
| All Time High | 25.7 |
| All Time Low | 9.95 |
| Ask | 0.0 |
| Ask Size | 7,000 |
| Average Daily Volume10 Day | 7,528 |
| Average Daily Volume3 Month | 7,925 |
| Average Volume | 7,925 |
| Average Volume10Days | 7,528 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 7,000 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.11 |
| Day Low | 10.95 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.803946 |
| Fifty Day Average Change | -4.8539457 |
| Fifty Day Average Change Percent | -0.30713505 |
| Fifty Two Week Change Percent | -56.200005 |
| Fifty Two Week High | 25.7 |
| Fifty Two Week High Change | -14.750001 |
| Fifty Two Week High Change Percent | -0.57392997 |
| Fifty Two Week Low | 9.95 |
| Fifty Two Week Low Change | 1.0 |
| Fifty Two Week Low Change Percent | 0.10050251 |
| Fifty Two Week Range | 9.95 - 25.7 |
| First Trade Date Milliseconds | 1,773,322,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Rex |
| Fund Inception Date | 1,773,187,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of PAAS on a daily basis. The fund advisor may also seek to achieve its investment objective by purchasing call options on PAAS or by investing directly in the common stock of PAAS. The fund is non-diversified. |
| Long Name | T-REX 2X Long PAAS Daily Target ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1978438707 |
| Nav Price | 10.9381 |
| Net Assets | 465,675.0 |
| Net Expense Ratio | 1.5 |
| Open | 11.11 |
| Previous Close | 11.1552 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.2052 |
| Regular Market Change Percent | -1.8395 |
| Regular Market Day High | 11.11 |
| Regular Market Day Low | 10.95 |
| Regular Market Day Range | 10.95 - 11.11 |
| Regular Market Open | 11.11 |
| Regular Market Previous Close | 11.1552 |
| Regular Market Price | 10.95 |
| Regular Market Time | 1,783,710,714 |
| Regular Market Volume | 3,205 |
| Short Name | T-REX 2X Long PAAS Daily Target |
| Source Interval | 15 |
| Symbol | PAAU |
| Total Assets | 465,675 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -39.98062 |
| Trailing Three Month Returns | -39.98062 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.403896 |
| Two Hundred Day Average Change | -6.4538965 |
| Two Hundred Day Average Change Percent | -0.37083057 |
| Type Disp | ETF |
| Volume | 3,205 |