T-REX 2X LONG RDW DAILY TARGET ETF (RDWU)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
5.95 USD
-0.81
(-11.982%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 5.88 -0.07 (-0.070%) ⇩ (July 13, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:18 a.m. EDT
This leveraged daily ETF is currently in a severe downtrend, having lost over 80% of its value from its recent highs, and the technical setup suggests further pain ahead. The price action over the last two weeks shows relentless selling pressure, with the stock failing to find support even as it approaches its 52-week low. Crucially, the options market confirms this bearish thesis: traders are buying deep protection, creating a massive wall of put open interest that acts as a magnet for further declines. With zero dividend yield to provide any cushion and a statistical forecasting model showing very low reliability due to the asset's volatility, there is no fundamental floor visible here. The combination of a broken trend, overwhelming put buying, and the inherent decay of a leveraged product in a falling market makes this a strong sell signal for the near term. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.500365 |
| MSTL | 0.623263 |
| AutoETS | 0.638489 |
| AutoTheta | 0.640573 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 0.92 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.167 |
| Excess Kurtosis | -0.59 |
As of July 11, 2026, 6:18 a.m. EDT: Speculators are aggressively positioning for a massive downside move, evidenced by a heavy concentration of put open interest (OI) relative to call OI across all expirations. Deep out-of-the-money puts show significant volume spikes and IV anomalies, while call activity is sparse and concentrated at strikes far above current prices. The market is pricing in a scenario where the asset drops significantly rather than rallies.
| Attribute | Value |
|---|---|
| All Time High | 59.29 |
| All Time Low | 6.5 |
| Ask | 5.92 |
| Ask Size | 3,500 |
| Average Daily Volume10 Day | 1,739,290 |
| Average Daily Volume3 Month | 1,950,054 |
| Average Volume | 1,950,054 |
| Average Volume10Days | 1,739,290 |
| Beta3 Year | 0.0 |
| Bid | 5.87 |
| Bid Size | 200 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 6.63 |
| Day Low | 5.69 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.517 |
| Fifty Day Average Change | -11.567 |
| Fifty Day Average Change Percent | -0.66033 |
| Fifty Two Week Change Percent | -67.79419 |
| Fifty Two Week High | 59.29 |
| Fifty Two Week High Change | -53.34 |
| Fifty Two Week High Change Percent | -0.8996458 |
| Fifty Two Week Low | 5.69 |
| Fifty Two Week Low Change | 0.25999975 |
| Fifty Two Week Low Change Percent | 0.045694157 |
| Fifty Two Week Range | 5.69 - 59.29 |
| First Trade Date Milliseconds | 1,769,783,400,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Rex |
| Fund Inception Date | 1,769,644,800 |
| 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 BRR on a daily basis. The fund may also seek to achieve its investment objective by purchasing call options on RDW or by investing directly in the common stock of RDW. The fund is non-diversified. |
| Long Name | T-REX 2X LONG RDW DAILY TARGET ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1962082376 |
| Nav Price | 6.7129 |
| Net Assets | 48,396,452.0 |
| Net Expense Ratio | 1.5 |
| Open | 6.48 |
| Post Market Change | -0.069999695 |
| Post Market Change Percent | -1.1764655 |
| Post Market Price | 5.88 |
| Post Market Time | 1,783,987,045 |
| Previous Close | 6.76 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.81 |
| Regular Market Change Percent | -11.9823 |
| Regular Market Day High | 6.63 |
| Regular Market Day Low | 5.69 |
| Regular Market Day Range | 5.69 - 6.63 |
| Regular Market Open | 6.48 |
| Regular Market Previous Close | 6.76 |
| Regular Market Price | 5.95 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 894,485 |
| Short Name | T-REX 2X Long RDW Daily Target |
| Source Interval | 15 |
| Symbol | RDWU |
| Total Assets | 48,396,452 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 17.85431 |
| Trailing Three Month Returns | 17.85431 |
| Triggerable | 1 |
| Two Hundred Day Average | 13.977838 |
| Two Hundred Day Average Change | -8.027838 |
| Two Hundred Day Average Change Percent | -0.57432616 |
| Type Disp | ETF |
| Volume | 894,485 |