Tradr 2X Long PONY Daily ETF (PONX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
10.28 USD
+1.20
(13.216%)
⇧
(April 17, 2026, 3:59 p.m.
EDT)
After hours: 10.08 -0.20 (-0.200%) ⇩ (April 17, 2026, 6:27 p.m. EDT) Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 10:34 p.m. EDT
PONX is a high-risk, momentum-driven leveraged ETF with severely deteriorating short-term fundamentals, as evidenced by its -16% 45-day forecasted return and negative price drift relative to major moving averages. The options data reveals a distinct divergence: short-term speculators are virtually absent (indicating a lack of conviction for immediate upside), while long-term holders are aggressively positioning for future swings, ignoring the current poor trend. This structural setup makes it a poor candidate for a return at this time. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.500516 |
| AutoETS | 0.619241 |
| AutoARIMA | 0.619244 |
| MSTL | 0.632791 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 14.19 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.134 |
| Excess Kurtosis | -1.00 |
As of April 18, 2026, 10:34 p.m. EDT: Options flow is overwhelmingly bullish on duration, with massive volume and Open Interest (OI) spikes at 0 DTE, 6-month, and 9-month strikes (e.g., $50 calls showing 386% flow increase). The 0 DTE call chain shows significant new buying into the $9.00 strike despite low past OI, suggesting intraday hedging or momentum traps. However, the short-term call IV is critically low (3.16-3.84%), indicating suppressed volatility expectations for immediate expirations. Conversely, the 6-9 month chains show high implied volatility and new position building, signaling a bet on sustained downside or creating a massive gamma squeeze potential in higher timeframes.
| Attribute | Value |
|---|---|
| All Time High | 72.51 |
| All Time Low | 5.38 |
| Ask | 10.58 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 55,670 |
| Average Daily Volume3 Month | 36,411 |
| Average Volume | 36,411 |
| Average Volume10Days | 55,670 |
| Beta3 Year | 0.0 |
| Bid | 10.0 |
| Bid Size | 300 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 10.68 |
| Day Low | 9.65 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.28714 |
| Fifty Day Average Change | -2.0071402 |
| Fifty Day Average Change Percent | -0.16335292 |
| Fifty Two Week Change Percent | -64.61273 |
| Fifty Two Week High | 72.51 |
| Fifty Two Week High Change | -62.230003 |
| Fifty Two Week High Change Percent | -0.8582265 |
| Fifty Two Week Low | 5.38 |
| Fifty Two Week Low Change | 4.8999996 |
| Fifty Two Week Low Change Percent | 0.9107806 |
| Fifty Two Week Range | 5.38 - 72.51 |
| First Trade Date Milliseconds | 1,757,424,600,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,757,289,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of PONY. The fund is non-diversified. |
| Long Name | Tradr 2X Long PONY Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1956137385 |
| Nav Price | 10.3158 |
| Net Assets | 3,552,694.0 |
| Net Expense Ratio | 1.3 |
| Open | 9.66 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.19999981 |
| Post Market Change Percent | -1.9455235 |
| Post Market Price | 10.08 |
| Post Market Time | 1,776,464,821 |
| Previous Close | 9.08 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.2 |
| Regular Market Change Percent | 13.2159 |
| Regular Market Day High | 10.68 |
| Regular Market Day Low | 9.65 |
| Regular Market Day Range | 9.65 - 10.68 |
| Regular Market Open | 9.66 |
| Regular Market Previous Close | 9.08 |
| Regular Market Price | 10.28 |
| Regular Market Time | 1,776,455,983 |
| Regular Market Volume | 143,447 |
| Short Name | Tradr 2X Long PONY Daily ETF |
| Source Interval | 15 |
| Symbol | PONX |
| Total Assets | 3,552,694 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -64.97828 |
| Trailing Three Month Returns | -64.97828 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.986275 |
| Two Hundred Day Average Change | -14.706275 |
| Two Hundred Day Average Change Percent | -0.5885741 |
| Type Disp | ETF |
| Volume | 143,447 |
| Ytd Return | -64.97828 |