Leverage Shares 2X Long PANW Daily ETF (PANG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
35.30 USD
-2.19
(-5.847%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 35.27 -0.03 (-0.028%) ⇩ (Aug. 28, 2026, 6:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:39 a.m. EDT
The short-term outlook is strongly bullish, driven by a powerful technical rebound where the price has surged nearly 100% from its yearly low of $6.05 to trade near $33-$39. This momentum is confirmed by the options flow, which shows traders buying deep out-of-the-money calls for the near term while hedging only for a catastrophic collapse. However, the long-term investment case remains neutral due to the unique mechanics of this leveraged product; it is designed for daily rebalancing, making it unsuitable for multi-year holding strategies regardless of the underlying asset's performance. The recent price action represents a successful tactical trade on the leveraged beta, but investors should view this as a momentum play rather than a fundamental buy-and-hold opportunity. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.229102 |
| AutoTheta | 0.249134 |
| MSTL | 0.268137 |
| AutoETS | 0.276229 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 7.81 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.580 |
| Excess Kurtosis | -0.76 |
As of Aug. 22, 2026, 2:39 a.m. EDT: Speculators are positioning aggressively for a continued rally, evidenced by heavy out-of-the-money call open interest at strikes significantly above current prices (38, 40, 41) and a massive volume spike in deep out-of-the-money calls for the November expiration. Conversely, put activity is concentrated at very low strikes (below 10), suggesting a hedge against a crash to near-zero rather than a fear of moderate downside. The implied volatility skew shows elevated premiums for deep OTM calls compared to puts, indicating a bullish sentiment bias.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 1.297 | 11.397188 |
| Attribute | Value |
|---|---|
| All Time High | 41.59 |
| All Time Low | 6.05 |
| Ask | 37.12 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 33,720 |
| Average Daily Volume3 Month | 53,944 |
| Average Volume | 53,944 |
| Average Volume10Days | 33,720 |
| Beta3 Year | 0.0 |
| Bid | 36.79 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 36.07 |
| Day Low | 32.22 |
| Display Name | Panacea Global |
| Dividend Yield | 4.44 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 31.63974 |
| Fifty Day Average Change | 3.6583595 |
| Fifty Day Average Change Percent | 0.11562546 |
| Fifty Two Week Change Percent | 152.12857 |
| Fifty Two Week High | 41.59 |
| Fifty Two Week High Change | -6.2919006 |
| Fifty Two Week High Change Percent | -0.15128398 |
| Fifty Two Week Low | 6.05 |
| Fifty Two Week Low Change | 29.2481 |
| Fifty Two Week Low Change Percent | 4.8343964 |
| Fifty Two Week Range | 6.05 - 41.59 |
| First Trade Date Milliseconds | 1,742,563,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.2184029 |
| Fullday Change Percent | -5.9173183 |
| Fullday Price | 35.27 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,742,428,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-03-21 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of PANW, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long PANW Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1918142780 |
| Nav Price | 37.4999 |
| Net Assets | 7,164,712.0 |
| Net Expense Ratio | 0.76 |
| Open | 36.07 |
| Post Market Change | -0.02809906 |
| Post Market Change Percent | -0.07960502 |
| Post Market Price | 35.27 |
| Post Market Time | 1,787,957,720 |
| Previous Close | 37.49 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.1919022 |
| Regular Market Change Percent | -5.846631 |
| Regular Market Day High | 36.07 |
| Regular Market Day Low | 32.22 |
| Regular Market Day Range | 32.22 - 36.07 |
| Regular Market Open | 36.07 |
| Regular Market Previous Close | 37.49 |
| Regular Market Price | 35.2981 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 71,719 |
| Short Name | Leverage Shares 2X Long PANW Da |
| Source Interval | 15 |
| Symbol | PANG |
| Total Assets | 7,164,712 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 209.66031 |
| Trailing Three Month Returns | 209.66031 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.863464 |
| Two Hundred Day Average Change | 18.434635 |
| Two Hundred Day Average Change Percent | 1.0931702 |
| Type Disp | ETF |
| Volume | 71,719 |
| Yield | 0.0444 |
| Ytd Return | 164.271 |