Leverage Shares 2X Long SATS Daily ETF (SATG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
21.24 USD
+0.34
(1.627%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 21.44 +0.20 (0.942%) ⇧ (April 17, 2026, 7:58 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:45 a.m. EDT
Despite the directional forecast model predicting a -9.9% drop over 45 days (likely due to the 2x leverage decay versus recent gains), the options market is screaming 'buy,' with zero downside protection and active buying of the 19.0-strike calls. For a 2x long leveraged ETF, this complacency is dangerous; the ETF has already rallied ~28% in recent weeks, and the proof-ahead risk is high. The null put data is a red flag on a leveraged product, suggesting traders are ignoring the built-in beta decay. Long-term rating is capped at neutral (3) due to the 2x ETF structure making multi-year compounding virtually impossible compared to the underlying, and the short-term rating is downgraded to mildly bearish (1) because the forecast error on leveraged products historically tends to be negative once the initial momentum wears off. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.190012 |
| AutoTheta | 0.552030 |
| AutoETS | 0.821310 |
| MSTL | 0.843472 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 67% |
| H-stat | 1.50 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.097 |
| Excess Kurtosis | -0.12 |
As of April 19, 2026, 12:45 a.m. EDT: Options flow is overwhelmingly bullish-skewed with zero OTM put volume or activity observed across all expirations. The 2026-05-15 calls show significant volume (30 contracts) at the 19.0 strike, indicating active speculation on upside movement. Conversely, the put side is nearly dead; the only put OI at 17.0 (15 contracts) appears to be negligible open interest compared to call activity, and there are zero new put volumes. IV on puts (1.57) is elevated relative to calls (1.24), suggesting overpriced inventory or dry supply, while call IV remains low. This asymmetry indicates speculators are positioning for a gap-up, hoping for a 2-3% move before the May expiration.
| Attribute | Value |
|---|---|
| All Time High | 23.55 |
| All Time Low | 13.475 |
| Ask | 21.25 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 129,300 |
| Average Daily Volume3 Month | 65,633 |
| Average Volume | 65,633 |
| Average Volume10Days | 129,300 |
| Beta3 Year | 0.0 |
| Bid | 21.07 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.96 |
| Day Low | 20.93 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 16.60494 |
| Fifty Day Average Change | 4.6350594 |
| Fifty Day Average Change Percent | 0.27913737 |
| Fifty Two Week Change Percent | 42.359245 |
| Fifty Two Week High | 23.55 |
| Fifty Two Week High Change | -2.3099995 |
| Fifty Two Week High Change Percent | -0.09808915 |
| Fifty Two Week Low | 13.475 |
| Fifty Two Week Low Change | 7.7649994 |
| Fifty Two Week Low Change Percent | 0.5762523 |
| Fifty Two Week Range | 13.475 - 23.55 |
| First Trade Date Milliseconds | 1,765,895,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,765,756,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-12-16 |
| 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 SATS, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Leverage Shares 2X Long SATS Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1969884842 |
| Nav Price | 21.1615 |
| Net Assets | 7,748,448.0 |
| Net Expense Ratio | 0.75 |
| Open | 21.96 |
| Post Market Change | 0.20000076 |
| Post Market Change Percent | 0.9416232 |
| Post Market Price | 21.44 |
| Post Market Time | 1,776,470,337 |
| Previous Close | 20.9 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.34 |
| Regular Market Change Percent | 1.62679 |
| Regular Market Day High | 21.96 |
| Regular Market Day Low | 20.93 |
| Regular Market Day Range | 20.93 - 21.96 |
| Regular Market Open | 21.96 |
| Regular Market Previous Close | 20.9 |
| Regular Market Price | 21.24 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 135,423 |
| Short Name | Leverage Shares 2X Long SATS Da |
| Source Interval | 15 |
| Symbol | SATG |
| Total Assets | 7,748,448 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 2.77677 |
| Trailing Three Month Returns | 2.77677 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.206594 |
| Two Hundred Day Average Change | 4.0334053 |
| Two Hundred Day Average Change Percent | 0.23441043 |
| Type Disp | ETF |
| Volume | 135,423 |
| Ytd Return | 2.77677 |