Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
7.37 USD
+0.08
(1.129%)
⇧
(April 21, 2026, 11:06 a.m.
EDT)
Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 10:10 p.m. EDT
SKRE is a tactical leveraged inverse play currently in a confirmed downtrend, down ~22% from its 200-day average and recently losing momentum despite a minor bounce. The massive divergence between heavy September put positioning and the lack of protective calls signals that market participants view the continued 'shakeout' of regional banks as the primary narrative. Do not use the convex nature of this ETF as a long-term investment; it is strictly a bearish duration play dependent on regional bank stress persisting. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.073216 |
| AutoARIMA | 0.073421 |
| AutoETS | 0.073428 |
| AutoTheta | 0.082903 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.61 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.214 |
| Excess Kurtosis | -1.22 |
As of April 18, 2026, 10:10 p.m. EDT: Options market shows extreme asymmetric positioning signaling severe fear. For the 2026-09-18 expiration, there is significant Put Open Interest (15 contracts @ $4 strike, 5 @ $7 strike) relative to negligible Call Open Interest. Crucially, the June 2026 Call chain shows OITM (Out of the Money) positioning at $9 and $10 strikes with almost no Put protection at those levels, while the September expiration has 21 OITM calls but 21 ITM puts. This structure suggests speculators are heavily betting on continued downside or a break of key support levels in the near-to-intermediate term, with no significant calls written nearby to cap upside, indicating a bearish tail risk.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.27% | 0.27% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-24 | 0.023 | 0.267286 |
| 2024-12-24 | 0.420 | 3.219577 |
| Attribute | Value |
|---|---|
| All Time High | 30.36 |
| All Time Low | 6.87 |
| Ask | 7.35 |
| Ask Size | 10 |
| Average Daily Volume10 Day | 94,910 |
| Average Daily Volume3 Month | 145,711 |
| Average Volume | 145,711 |
| Average Volume10Days | 94,910 |
| Beta3 Year | 0.0 |
| Bid | 7.32 |
| Bid Size | 10 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.3723 |
| Day Low | 7.235 |
| Dividend Yield | 0.27 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.17502 |
| Fifty Day Average Change | -0.80272007 |
| Fifty Day Average Change Percent | -0.09819181 |
| Fifty Two Week Change Percent | -54.177135 |
| Fifty Two Week High | 16.73 |
| Fifty Two Week High Change | -9.357699 |
| Fifty Two Week High Change Percent | -0.5593365 |
| Fifty Two Week Low | 6.87 |
| Fifty Two Week Low Change | 0.50230026 |
| Fifty Two Week Low Change Percent | 0.07311503 |
| Fifty Two Week Range | 6.87 - 16.73 |
| First Trade Date Milliseconds | 1,704,378,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Tuttle Capital Management, LLC |
| Fund Inception Date | 1,704,240,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-01-04 |
| 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% inverse (opposite) exposure to the price performance of the KRE ETF on a daily basis. The fund advisor seeks daily leveraged inverse investment results and the fund is very different from most other exchange-traded funds and presents different and greater risks. The fund is non-diversified. |
| Long Name | Tuttle Capital Daily 2X Inverse Regional Banks ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1849248495 |
| Nav Price | 7.28 |
| Net Assets | 12,032,417.0 |
| Net Expense Ratio | 0.75 |
| Open | 7.35 |
| Previous Close | 7.29 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.082300186 |
| Regular Market Change Percent | 1.1289463 |
| Regular Market Day High | 7.3723 |
| Regular Market Day Low | 7.235 |
| Regular Market Day Range | 7.235 - 7.3723 |
| Regular Market Open | 7.35 |
| Regular Market Previous Close | 7.29 |
| Regular Market Price | 7.3723 |
| Regular Market Time | 1,776,783,973 |
| Regular Market Volume | 18,432 |
| Short Name | Tuttle Capital Daily 2X Inverse |
| Source Interval | 15 |
| Symbol | SKRE |
| Total Assets | 12,032,417 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -5.8114 |
| Trailing Three Month Returns | -5.8114 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.44986 |
| Two Hundred Day Average Change | -2.0775595 |
| Two Hundred Day Average Change Percent | -0.21985082 |
| Type Disp | ETF |
| Volume | 18,432 |
| Yield | 0.0027 |
| Ytd Return | -5.8114 |