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Tradr 2X Long SNPS Daily ETF (SNPX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
24.26 USD -0.33 (-1.362%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 24.00 -0.26 (-0.260%) ⇩ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:11 p.m. EDT

SNPX is a high-risk leveraged instrument trapped in consolidation with no dividend safety. While the underlying AI chip leader (Synopsys) is showing growth momentum, the 2x leverage ETF is currently underperforming its moving averages. The options data suggests traders are defending recent winners rather than attacking new highs. Until the underlying stock breaks above its 50-day average, this ETF remains a speculative hold for short-term gamma exposure rather than a conviction trade.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.376375
MSTL0.381320
AutoTheta0.589022
AutoARIMA0.706383

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 37%
H-stat 3.12
Ljung-Box p 0.000
Jarque-Bera p 0.013
Excess Kurtosis 0.67

As of April 18, 2026, 10:11 p.m. EDT: Options flow shows a split sentiment. Near-term (April 17) calls see new aggressive volume at the 25.0 strike, suggesting traders are locking in recent gains around the current ~24.50 level. However, this is countered by new put volume at the 23.0 strike, indicating a lack of consensus on a breakout move immediately. Longer-dated positioning reveals significant open interest (OI) at high strikes (30.0-43.0 range) in calls, acting as a mild profit-taking ceiling, while puts are dominated by defensive OI at lower strikes (22.0-25.0 range), limiting downside risk but not encouraging aggressive bullish positioning.


Info Dump

Attribute Value
All Time High 43.54
All Time Low 20.6
Ask 26.4
Ask Size 100
Average Daily Volume10 Day 15,050
Average Daily Volume3 Month 12,946
Average Volume 12,946
Average Volume10Days 15,050
Beta3 Year 0.0
Bid 10.0
Bid Size 100
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.7099
Day Low 24.26
Display Name TAO Synergies
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.6646
Fifty Day Average Change -1.4046001
Fifty Day Average Change Percent -0.054729085
Fifty Two Week Change Percent -0.5737722
Fifty Two Week High 43.54
Fifty Two Week High Change -19.28
Fifty Two Week High Change Percent -0.44281122
Fifty Two Week Low 20.6
Fifty Two Week Low Change 3.6599998
Fifty Two Week Low Change Percent 0.1776699
Fifty Two Week Range 20.6 - 43.54
First Trade Date Milliseconds 1,763,044,200,000
Full Exchange Name Cboe US
Fund Family AXS
Fund Inception Date 1,762,905,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of SNPS. This may include SNPS stock in addition to financial instruments. The fund is non-diversified.
Long Name Tradr 2X Long SNPS Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1966487421
Nav Price 24.6029
Net Assets 1,906,213.0
Net Expense Ratio 1.3
Open 24.71
Phone (414) 299-2295
Post Market Change -0.26000023
Post Market Change Percent -1.0717239
Post Market Price 24.0
Post Market Time 1,776,470,341
Previous Close 24.595
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.334999
Regular Market Change Percent -1.36206
Regular Market Day High 24.7099
Regular Market Day Low 24.26
Regular Market Day Range 24.26 - 24.7099
Regular Market Open 24.71
Regular Market Previous Close 24.595
Regular Market Price 24.26
Regular Market Time 1,776,456,000
Regular Market Volume 13,820
Short Name Tradr 2X Long SNPS Daily ETF
Source Interval 15
Symbol SNPX
Total Assets 1,906,213
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -33.70737
Trailing Three Month Returns -33.70737
Triggerable 1
Two Hundred Day Average 29.780699
Two Hundred Day Average Change -5.5206985
Two Hundred Day Average Change Percent -0.1853784
Type Disp ETF
Volume 13,820
Ytd Return -33.70737