Defiance Daily Target 2X Short RGTI ETF (RGTZ)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
22.26 USD
-4.08
(-15.490%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 7:08 a.m. EDT
This instrument is a leveraged short ETF designed to profit from the collapse of Rigetti Computing, and the data confirms the market expects exactly that. The price has recovered significantly from its lows, yet the options chain screams caution: traders are buying insurance against a crash, with put open interest vastly outweighing call interest at every expiration. The statistical forecast model is essentially noise here, offering a weak signal that cannot compete with the overwhelming bearish positioning in the derivatives market. While the recent price action shows a bounce off the lows, the structural setup remains a high-risk, high-volatility vehicle for betting on a quantum computing sector downturn. It is not a buy-and-hold asset; it is a tactical tool for short-term contrarian plays on a specific company's failure. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.230763 |
| MSTL | 0.265476 |
| AutoETS | 0.279520 |
| AutoTheta | 0.473612 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 0.92 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.294 |
| Excess Kurtosis | -1.12 |
As of Oct. 10, 2026, 7:08 a.m. EDT: Speculators are aggressively positioning for a massive downside move, evidenced by heavy out-of-the-money put volume and open interest across nearly all expirations, particularly in January 2027 where OTM puts dominate entirely. Conversely, call activity is sparse and concentrated deep in-the-money, suggesting a 'bear put spread' or hedging strategy rather than a bullish bet. The implied volatility structure shows elevated premiums for downside protection compared to upside potential, indicating the market prices in significant volatility to the downside.
| Attribute | Value |
|---|---|
| All Time High | 187.4 |
| All Time Low | 11.2 |
| Ask | 4.26 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 259,720 |
| Average Daily Volume3 Month | 651,822 |
| Average Volume | 651,822 |
| Average Volume10Days | 259,720 |
| Beta3 Year | 0.0 |
| Bid | 3.53 |
| Bid Size | 14 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 28.82 |
| Day Low | 22.0454 |
| Display Name | Daily Target 2X Short RGTI ETF |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 16.7647 |
| Fifty Day Average Change | 5.4953003 |
| Fifty Day Average Change Percent | 0.32778996 |
| Fifty Two Week Change Percent | -62.80702 |
| Fifty Two Week High | 187.4 |
| Fifty Two Week High Change | -165.14 |
| Fifty Two Week High Change Percent | -0.88121665 |
| Fifty Two Week Low | 11.2 |
| Fifty Two Week Low Change | 11.06 |
| Fifty Two Week Low Change Percent | 0.9875001 |
| Fifty Two Week Range | 11.2 - 187.4 |
| First Trade Date Milliseconds | 1,760,016,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.84000015 |
| Fullday Change Percent | 3.7735856 |
| Fullday Price | 23.1 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,759,881,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-09 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The management has adopted a policy to have at least 80% of fund's net assets, plus borrowings for investment purposes, in financial instruments with economic characteristics that should provide 2 times the inverse exposure to the daily performance of the underlying security. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Short RGTI ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1948344249 |
| Nav Price | 26.4367 |
| Net Assets | 12,181,952.0 |
| Net Expense Ratio | 1.83 |
| Open | 27.84 |
| Pre Market Change | 0.84000015 |
| Pre Market Change Percent | 3.7735856 |
| Pre Market Price | 23.1 |
| Pre Market Time | 1,792,150,905 |
| Previous Close | 26.34 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -4.08 |
| Regular Market Change Percent | -15.4897 |
| Regular Market Day High | 28.82 |
| Regular Market Day Low | 22.0454 |
| Regular Market Day Range | 22.0454 - 28.82 |
| Regular Market Open | 27.84 |
| Regular Market Previous Close | 26.34 |
| Regular Market Price | 22.26 |
| Regular Market Time | 1,792,094,401 |
| Regular Market Volume | 242,945 |
| Short Name | Defiance Daily Target 2x Short |
| Source Interval | 15 |
| Symbol | RGTZ |
| Total Assets | 12,181,952 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -17.17722 |
| Trailing Three Month Returns | -17.17722 |
| Triggerable | 1 |
| Two Hundred Day Average | 58.32035 |
| Two Hundred Day Average Change | -36.06035 |
| Two Hundred Day Average Change Percent | -0.61831504 |
| Type Disp | ETF |
| Volume | 242,945 |
| Ytd Return | -85.93691 |