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Leverage Shares 2X Long PLTR Daily ETF (PLTG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
16.07 USD +0.60 (3.878%) ⇧ (April 21, 2026, 10:29 a.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:44 p.m. EDT

This is a clear sell. The 2x daily leverage is compounding the recent volatility and the options flow screams downside protection. With the stock trading 80% below its 52-week high, the math suggests NAV decay is severe. The options market has extreme Put OI at 10-12 strikes, indicating high probability of a crash below current levels within the option expiration windows.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.337080
AutoARIMA0.337463
AutoETS0.337466
AutoTheta0.384852

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.94
Ljung-Box p 0.000
Jarque-Bera p 0.290
Excess Kurtosis -1.14

As of April 18, 2026, 10:44 p.m. EDT: Speculators are showing a nightmare scenario for a long leveraged ETF. Long-term OI (June/July) is heavily skewed to the downside at the 10 and 12 strikes, while volatility is spiking dramatically at deep OTM puts (June 26, Sep 30) where distribution has surged. Conversely, call positioning is overwhelmingly at strikes near the current price (14-16) with very little flow above 20. The Open Interest is concentrated at the downside with 94% of total OI for the June expiration being puts, a clear structure for a 'bear put ladder' expecting sharp corrections.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 4.747 17.471476
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0

Info Dump

Attribute Value
All Time High 44.95
All Time Low 10.96
Ask 19.34
Ask Size 2
Average Daily Volume10 Day 428,560
Average Daily Volume3 Month 325,727
Average Volume 325,727
Average Volume10Days 428,560
Beta3 Year 0.0
Bid 11.46
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 16.225
Day Low 15.03
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.66886
Fifty Day Average Change 0.40113926
Fifty Day Average Change Percent 0.025601048
Fifty Two Week Change Percent -5.532485
Fifty Two Week High 44.95
Fifty Two Week High Change -28.880001
Fifty Two Week High Change Percent -0.6424917
Fifty Two Week Low 10.96
Fifty Two Week Low Change 5.1099997
Fifty Two Week Low Change Percent 0.46624085
Fifty Two Week Range 10.96 - 44.95
First Trade Date Milliseconds 1,745,587,800,000
Full Exchange Name NasdaqGM
Fund Family Themes ETF Trust
Fund Inception Date 1,745,452,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-04-25
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 PLTR, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Leverage Shares 2X Long PLTR Daily ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1918142779
Nav Price 15.4208
Net Assets 23,797,868.0
Net Expense Ratio 0.78
Open 15.7
Previous Close 15.47
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.5999994
Regular Market Change Percent 3.8784707
Regular Market Day High 16.225
Regular Market Day Low 15.03
Regular Market Day Range 15.03 - 16.225
Regular Market Open 15.7
Regular Market Previous Close 15.47
Regular Market Price 16.07
Regular Market Time 1,776,781,742
Regular Market Volume 169,647
Short Name Leverage Shares 2X Long PLTR Da
Source Interval 15
Symbol PLTG
Total Assets 23,797,868
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -39.44973
Trailing Three Month Returns -39.44973
Triggerable 1
Two Hundred Day Average 26.60099
Two Hundred Day Average Change -10.530991
Two Hundred Day Average Change Percent -0.39588717
Type Disp ETF
Volume 169,647
Ytd Return -39.44973