Defiance Daily Target 2X Long SMCI ETF (SMCX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
13.18 USD
+13.18
(1.698%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:23 a.m. EDT
This is a high-risk momentum trap. Despite the 11% dividend yield (likely a function of the reverse split and recent crash), the instrument is fundamentally broken due to the underlying asset's legal and operational trauma. Options flow suggests institutional hedging programs are active, signaling a potential continuation of the downtrend. Heteroscedasticity stats and deep OTM put positioning indicate the market is pricing in further significant losses, not a recovery. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.286005 |
| AutoTheta | 0.342765 |
| AutoETS | 0.403024 |
| MSTL | 0.415658 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 58% |
| H-stat | 2.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.180 |
| Excess Kurtosis | -0.98 |
As of April 19, 2026, 12:23 a.m. EDT: Speculative sentiment is heavily skewed towards short-term hedging (puts) with significant open interest walls at strikes below current price (9.0, 10.0). While there are calls booked deep out-of-the-money (23.0, 56.0, 82.0 DTE), these represent asymmetric upside bets rather than immediate momentum. The dominant signal is defensive positioning: speculators are betting on a drop below the 5.0 level in the near-to-intermediate term, evidenced by the massive put OI at 43.0-50.0 DTE. ATM IV is elevated, confirming high uncertainty.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 1.0 | 4.262575 |
| Attribute | Value |
|---|---|
| All Time High | 824.4 |
| All Time Low | 6.48 |
| Ask | 13.22 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 3,678,770 |
| Average Daily Volume3 Month | 3,011,645 |
| Average Volume | 3,011,645 |
| Average Volume10Days | 3,678,770 |
| Beta3 Year | 0.0 |
| Bid | 13.12 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.22 |
| Day Low | 12.18 |
| Dividend Yield | 11.68 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.77126 |
| Fifty Day Average Change | -4.591259 |
| Fifty Day Average Change Percent | -0.25835305 |
| Fifty Two Week Change Percent | -72.0051 |
| Fifty Two Week High | 151.22 |
| Fifty Two Week High Change | -138.04001 |
| Fifty Two Week High Change Percent | -0.9128423 |
| Fifty Two Week Low | 6.48 |
| Fifty Two Week Low Change | 6.7000003 |
| Fifty Two Week Low Change Percent | 1.0339507 |
| Fifty Two Week Range | 6.48 - 151.22 |
| First Trade Date Milliseconds | 1,724,247,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,724,198,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-08-22 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long SMCI ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1878722725 |
| Nav Price | 13.165 |
| Net Assets | 92,146,560.0 |
| Net Expense Ratio | 1.43 |
| Open | 12.53 |
| Pre Market Change | 0.46000004 |
| Pre Market Change Percent | 3.4901369 |
| Pre Market Price | 13.64 |
| Pre Market Time | 1,776,777,714 |
| Previous Close | 12.96 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 13.18 |
| Regular Market Change Percent | 1.69753 |
| Regular Market Day High | 13.22 |
| Regular Market Day Low | 12.18 |
| Regular Market Day Range | 12.18 - 13.22 |
| Regular Market Open | 12.53 |
| Regular Market Previous Close | 12.96 |
| Regular Market Price | 13.18 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 2,533,688 |
| Short Name | Defiance Daily Target 2X Long S |
| Source Interval | 15 |
| Symbol | SMCX |
| Total Assets | 92,146,560 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -62.51226 |
| Trailing Three Month Returns | -62.51226 |
| Triggerable | 1 |
| Two Hundred Day Average | 51.694874 |
| Two Hundred Day Average Change | -38.514874 |
| Two Hundred Day Average Change Percent | -0.7450424 |
| Type Disp | ETF |
| Volume | 2,533,688 |
| Yield | 0.1168 |
| Ytd Return | -62.51226 |