Leverage Shares 2X Long PYPL Daily ETF (PYPG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
7.30 USD
-2.53
(-25.738%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 7.33 +0.03 (0.474%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:48 a.m. EDT
This instrument is a leveraged daily ETF tracking PayPal, which is currently in a severe secular downtrend. The price has halved from its 52-week high, trading significantly below both its 50-day and 200-day moving averages, confirming a persistent bearish structure. The leverage mechanism compounds this drag, making recovery difficult without a massive, sustained reversal in the underlying stock. Crucially, the options data reveals a stark 'put wall' with billions of dollars of implied protection sought at strikes far below current prices, while call activity is virtually non-existent. This asymmetry suggests the market views any bounce as a trap rather than a trend reversal. With zero dividend yield to offset the decay and a statistical forecast model showing very low reliability due to the asset's erratic nature, there is no mathematical or fundamental case for a near-term entry. The data supports a defensive stance or avoidance. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.458430 |
| AutoETS | 0.458433 |
| MSTL | 0.479252 |
| AutoTheta | 0.518387 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 8.92 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.035 |
| Excess Kurtosis | -1.00 |
As of Aug. 22, 2026, 3:48 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 4.0 and 5.0) compared to negligible call volume. The implied volatility skew is extreme, with OTM put IV nearly four times that of ATM options, indicating a market consensus expecting significant volatility or a sharp drop rather than a rally.
| Attribute | Value |
|---|---|
| All Time High | 22.8 |
| All Time Low | 4.41 |
| Ask | 11.34 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 310,440 |
| Average Daily Volume3 Month | 592,445 |
| Average Volume | 592,445 |
| Average Volume10Days | 310,440 |
| Beta3 Year | 0.0 |
| Bid | 6.57 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.6739 |
| Day Low | 7.03 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.77626 |
| Fifty Day Average Change | -0.4762597 |
| Fifty Day Average Change Percent | -0.061245345 |
| Fifty Two Week Change Percent | -41.885902 |
| Fifty Two Week High | 20.91 |
| Fifty Two Week High Change | -13.61 |
| Fifty Two Week High Change Percent | -0.65088475 |
| Fifty Two Week Low | 4.41 |
| Fifty Two Week Low Change | 2.8900003 |
| Fifty Two Week Low Change Percent | 0.65532887 |
| Fifty Two Week Range | 4.41 - 20.91 |
| First Trade Date Milliseconds | 1,743,773,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.53 |
| Fullday Change Percent | -25.7375 |
| Fullday Price | 7.3346 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,743,638,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-04-04 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. It 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 PYPL, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long PYPL Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1918143681 |
| Nav Price | 9.9468 |
| Net Assets | 22,518,444.0 |
| Net Expense Ratio | 0.77 |
| Open | 7.3 |
| Post Market Change | 0.03459978 |
| Post Market Change Percent | 0.47396958 |
| Post Market Price | 7.3346 |
| Post Market Time | 1,787,961,307 |
| Previous Close | 9.83 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.53 |
| Regular Market Change Percent | -25.7375 |
| Regular Market Day High | 7.6739 |
| Regular Market Day Low | 7.03 |
| Regular Market Day Range | 7.03 - 7.6739 |
| Regular Market Open | 7.3 |
| Regular Market Previous Close | 9.83 |
| Regular Market Price | 7.3 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,483,085 |
| Short Name | Leverage Shares 2X Long PYPL Da |
| Source Interval | 15 |
| Symbol | PYPG |
| Total Assets | 22,518,444 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 20.70853 |
| Trailing Three Month Returns | 20.70853 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.011375 |
| Two Hundred Day Average Change | -0.71137524 |
| Two Hundred Day Average Change Percent | -0.08879565 |
| Type Disp | ETF |
| Volume | 1,483,085 |
| Yield | 0.0 |
| Ytd Return | -22.36054 |