Tradr 2X Long Sndk Daily ETF (SNXX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
21.00 USD
-7.06
(-25.160%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:10 a.m. EDT
This is a leveraged daily ETF (2x long) currently trading at a severe discount to its recent highs, having crashed from nearly $50 to the low $20s. While the recent price action shows a slight recovery from a multi-week low, the underlying mechanics of leveraged products are hostile to holding through volatility; the compounding drag from the recent drawdown has likely eroded significant capital. The options chain screams 'crash protection,' with investors buying deep puts rather than betting on a rebound, which creates a heavy overhang for any attempt to rally. Without the underlying semiconductor index (SNDK) showing a definitive, sustained reversal, this instrument remains a high-risk speculative vehicle prone to further decay. It is not suitable for long-term holding due to the inherent volatility decay of leveraged structures. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.629035 |
| MSTL | 0.833131 |
| AutoETS | 0.884828 |
| AutoARIMA | 0.884841 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 2.95 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.854 |
| Excess Kurtosis | -0.16 |
As of July 11, 2026, 4:10 a.m. EDT: Speculators are heavily positioning for downside protection with massive open interest walls in deep out-of-the-money puts across all expirations, particularly in the September and January sessions where OTM volume dwarfs call activity. This indicates a pervasive fear of a significant drop to single-digit price levels. Conversely, call positioning is fragmented and defensive, with heavy strikes placed far above current prices (e.g., $60-$140), suggesting limited conviction in a near-term rally and a preference for capped upside exposure.
| Attribute | Value |
|---|---|
| All Time High | 49.34 |
| All Time Low | 3.13875 |
| Ask | 23.05 |
| Ask Size | 1,000 |
| Average Daily Volume10 Day | 60,678,570 |
| Average Daily Volume3 Month | 57,178,085 |
| Average Volume | 57,178,085 |
| Average Volume10Days | 60,678,570 |
| Beta3 Year | 0.0 |
| Bid | 22.57 |
| Bid Size | 700 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 24.69 |
| Day Low | 20.155 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 26.865688 |
| Fifty Day Average Change | -5.8656883 |
| Fifty Day Average Change Percent | -0.21833383 |
| Fifty Two Week Change Percent | 544.66614 |
| Fifty Two Week High | 49.34 |
| Fifty Two Week High Change | -28.34 |
| Fifty Two Week High Change Percent | -0.5743818 |
| Fifty Two Week Low | 3.13875 |
| Fifty Two Week Low Change | 17.86125 |
| Fifty Two Week Low Change Percent | 5.6905613 |
| Fifty Two Week Range | 3.13875 - 49.34 |
| First Trade Date Milliseconds | 1,769,524,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | AXS |
| Fund Inception Date | 1,769,385,600 |
| 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 SNDK. This may include SNDK stock in addition to financial instruments. The fund is non-diversified. |
| Long Name | Tradr 2X Long Sndk Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1976413610 |
| Nav Price | 28.1155 |
| Net Assets | 6,021,342,200.0 |
| Net Expense Ratio | 1.49 |
| Open | 24.49 |
| Phone | (414) 299-2295 |
| Pre Market Change | 2.6316986 |
| Pre Market Change Percent | 12.561807 |
| Pre Market Price | 23.5817 |
| Pre Market Time | 1,784,032,796 |
| Previous Close | 28.06 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -7.06 |
| Regular Market Change Percent | -25.1604 |
| Regular Market Day High | 24.69 |
| Regular Market Day Low | 20.155 |
| Regular Market Day Range | 20.155 - 24.69 |
| Regular Market Open | 24.49 |
| Regular Market Previous Close | 28.06 |
| Regular Market Price | 21.0 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 66,468,885 |
| Short Name | Tradr 2X Long SNDK Daily ETF |
| Source Interval | 15 |
| Symbol | SNXX |
| Total Assets | 6,021,342,208 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 825.63324 |
| Trailing Three Month Returns | 825.63324 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.110805 |
| Two Hundred Day Average Change | 5.8891954 |
| Two Hundred Day Average Change Percent | 0.3897341 |
| Type Disp | ETF |
| Volume | 66,468,885 |