Leverage Shares 2X Long SNAP Daily ETF (SNAG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
5.56 USD
+0.19
(3.450%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 5.39 -0.17 (-0.170%) ⇩ (Aug. 28, 2026, 6:49 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:08 a.m. EDT
This instrument is a high-risk leveraged product with no income component and a deteriorating price trend. The 2X leverage structure amplifies the massive drag caused by the underlying SNAP stock's decline, evidenced by the price trading significantly below its 200-day moving average despite a recent bounce off lows. The recent price action shows volatility but no sustained recovery, hovering near the 5.0 level after dropping from 6.49. With zero dividends to offset capital losses and a statistical forecast leaning negative, there is no compelling case for a short-term entry or long-term hold. The lack of meaningful options flow confirms that smart money is not positioning for a reversal here. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.317930 |
| AutoETS | 0.429893 |
| AutoARIMA | 0.429899 |
| MSTL | 0.447001 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 1.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.094 |
| Excess Kurtosis | -0.58 |
As of Aug. 22, 2026, 5:08 a.m. EDT: Speculator positioning is extremely thin and fragmented across expirations, offering no coherent directional signal. Call interest is scattered between deep out-of-the-money strikes (10.0) and near-the-money (6.0), while put activity is isolated in a distant February expiration. The lack of concentrated open interest or volume at specific strikes suggests a vacuum of conviction rather than a specific trade setup.
| Attribute | Value |
|---|---|
| All Time High | 20.8 |
| All Time Low | 3.41 |
| Ask | 6.74 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 60,740 |
| Average Daily Volume3 Month | 67,243 |
| Average Volume | 67,243 |
| Average Volume10Days | 60,740 |
| Beta3 Year | 0.0 |
| Bid | 4.57 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.79 |
| Day Low | 5.47 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.74276 |
| Fifty Day Average Change | 0.81723976 |
| Fifty Day Average Change Percent | 0.17231311 |
| Fifty Two Week Change Percent | -65.4822 |
| Fifty Two Week High | 20.8 |
| Fifty Two Week High Change | -15.24 |
| Fifty Two Week High Change Percent | -0.7326923 |
| Fifty Two Week Low | 3.41 |
| Fifty Two Week Low Change | 2.1499999 |
| Fifty Two Week Low Change Percent | 0.63049847 |
| Fifty Two Week Range | 3.41 - 20.8 |
| First Trade Date Milliseconds | 1,766,068,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.1854 |
| Fullday Change Percent | 3.44956 |
| Fullday Price | 5.39 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,765,929,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-12-18 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of SNAP, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long SNAP Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1969885129 |
| Nav Price | 5.4927 |
| Net Assets | 2,494,916.0 |
| Net Expense Ratio | 0.75 |
| Open | 5.7333 |
| Post Market Change | -0.17000008 |
| Post Market Change Percent | -3.0575554 |
| Post Market Price | 5.39 |
| Post Market Time | 1,787,957,366 |
| Previous Close | 5.3746 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.1854 |
| Regular Market Change Percent | 3.44956 |
| Regular Market Day High | 5.79 |
| Regular Market Day Low | 5.47 |
| Regular Market Day Range | 5.47 - 5.79 |
| Regular Market Open | 5.7333 |
| Regular Market Previous Close | 5.3746 |
| Regular Market Price | 5.56 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 32,160 |
| Short Name | Leverage Shares 2x Long SNAP Da |
| Source Interval | 15 |
| Symbol | SNAG |
| Total Assets | 2,494,916 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -45.90018 |
| Trailing Three Month Returns | -45.90018 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.643763 |
| Two Hundred Day Average Change | -2.0837631 |
| Two Hundred Day Average Change Percent | -0.2726096 |
| Type Disp | ETF |
| Volume | 32,160 |
| Ytd Return | -74.57612 |