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T-REX 2X Long SNDK Daily Target ETF (SNDU)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
33.51 USD -11.33 (-25.268%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 31.85 -1.66 (-1.660%) ⇩ (July 13, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:13 a.m. EDT

This instrument is a high-risk leveraged vehicle built on a volatile underlying commodity, making it unsuitable for standard investment strategies. The recent price action shows a brutal whipsaw, dropping nearly 50% from the session highs before recovering slightly, which is typical behavior for a 2x leveraged product during a choppy market. The lack of any dividend history confirms this is purely a speculative play on price movement, offering zero income floor. While the options market shows significant interest in both a crash and a moonshot, the underlying mechanics of a daily reset ETF mean that holding this through a sideways or declining market will result in rapid capital erosion due to compounding drag. It is a tool for tactical trading, not long-term wealth accumulation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.444656
MSTL0.819703
AutoETS0.872714
AutoARIMA0.872727

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 28%
H-stat 1.68
Ljung-Box p 0.001
Jarque-Bera p 0.535
Excess Kurtosis 0.12

As of July 11, 2026, 5:13 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. In the near term (July), there is heavy put volume at strikes significantly below the current price, suggesting a hedge against a drop to the $30s. However, deep out-of-the-money calls (strikes $110+) show massive open interest walls, indicating a bet on a massive spike to $100+. This 'straddle' style positioning reflects the inherent nature of a leveraged daily ETF where traders are hedging against the compounding decay and potential gap risks, rather than betting on a linear trend.


Info Dump

Attribute Value
All Time High 79.0
All Time Low 5.72
Ask 31.94
Ask Size 2,100
Average Daily Volume10 Day 4,511,420
Average Daily Volume3 Month 2,850,818
Average Volume 2,850,818
Average Volume10Days 4,511,420
Beta3 Year 0.0
Bid 31.57
Bid Size 300
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 39.32
Day Low 32.16
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 42.8022
Fifty Day Average Change -9.292202
Fifty Day Average Change Percent -0.21709636
Fifty Two Week Change Percent 500.00006
Fifty Two Week High 79.0
Fifty Two Week High Change -45.49
Fifty Two Week High Change Percent -0.57582283
Fifty Two Week Low 5.72
Fifty Two Week Low Change 27.789999
Fifty Two Week Low Change Percent 4.858392
Fifty Two Week Range 5.72 - 79.0
First Trade Date Milliseconds 1,773,322,200,000
Full Exchange Name Cboe US
Fund Family Rex
Fund Inception Date 1,773,187,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
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% exposure to the price performance of SNDK on a daily basis. The fund may also seek to achieve its investment objective by purchasing call options on SNDK or by investing directly in the common stock of SNDK. The fund is non-diversified.
Long Name T-REX 2X Long SNDK Daily Target ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1977518431
Nav Price 44.8035
Net Assets 413,112,736.0
Net Expense Ratio 1.5
Open 38.95
Post Market Change -1.6599979
Post Market Change Percent -4.953739
Post Market Price 31.85
Post Market Time 1,783,987,191
Previous Close 44.84
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -11.33
Regular Market Change Percent -25.2676
Regular Market Day High 39.32
Regular Market Day Low 32.16
Regular Market Day Range 32.16 - 39.32
Regular Market Open 38.95
Regular Market Previous Close 44.84
Regular Market Price 33.51
Regular Market Time 1,783,972,800
Regular Market Volume 6,177,278
Short Name T-REX 2X Long SNDK Daily Target
Source Interval 15
Symbol SNDU
Total Assets 413,112,736
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 824.576
Trailing Three Month Returns 824.576
Triggerable 1
Two Hundred Day Average 30.386345
Two Hundred Day Average Change 3.1236534
Two Hundred Day Average Change Percent 0.10279793
Type Disp ETF
Volume 6,177,278