Tradr 2X Long Sndk Daily ETF (SNXX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
12.87 USD
After hours: 12.82 -0.05 (-0.049%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:38 a.m. EDT
This instrument is a high-octane leveraged bet on Sandisk's daily moves, currently trading at a significant discount to its recent highs due to a brutal recent drawdown. The price action shows a violent crash followed by a volatile, choppy recovery, leaving it well below its 50-day moving average. While the recent surge in trading volume and the massive inflow of options open interest suggest the market is bracing for a major catalyst—likely an earnings report or sector-wide shift—the underlying structure remains precarious. The leverage inherent in a 2x daily ETF compounds losses during the recent downtrend, and the lack of any dividend support means there is no floor for the price. The options market is screaming for volatility, but without a confirmed reversal in the underlying asset's trend, this remains a risky, speculative play suitable only for traders with high risk tolerance and a short time horizon. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.748252 |
| AutoETS | 0.749621 |
| AutoTheta | 1.240598 |
| AutoARIMA | 1.270220 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 24% |
| H-stat | 8.99 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.400 |
| Excess Kurtosis | -0.50 |
As of Aug. 22, 2026, 5:38 a.m. EDT: Speculators are aggressively positioning for extreme volatility rather than a specific directional outcome. Call Open Interest builds significantly at strikes 20, 25, 30, 40, and 70, while Put Open Interest concentrates heavily at strikes 10, 12.5, 13.75, and deep OTM levels like 2.5 and 4.5. This 'straddle' style positioning suggests traders expect a massive gap-up or gap-down event, likely driven by the underlying semiconductor sector's earnings or macro data, rather than a steady trend. The massive volume spikes at specific strikes indicate active hedging or speculative bets on binary outcomes.
| Attribute | Value |
|---|---|
| All Time High | 49.34 |
| All Time Low | 3.13875 |
| Ask | 12.83 |
| Ask Size | 3,500 |
| Average Daily Volume10 Day | 86,706,670 |
| Average Daily Volume3 Month | 80,581,100 |
| Average Volume | 80,581,100 |
| Average Volume10Days | 86,706,670 |
| Beta3 Year | 0.0 |
| Bid | 12.81 |
| Bid Size | 1,100 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.44 |
| Day Low | 12.03 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.4148 |
| Fifty Day Average Change | -6.5448008 |
| Fifty Day Average Change Percent | -0.3371037 |
| Fifty Two Week Change Percent | 295.08826 |
| Fifty Two Week High | 49.34 |
| Fifty Two Week High Change | -36.47 |
| Fifty Two Week High Change Percent | -0.7391569 |
| Fifty Two Week Low | 3.13875 |
| Fifty Two Week Low Change | 9.73125 |
| Fifty Two Week Low Change Percent | 3.1003582 |
| Fifty Two Week Range | 3.13875 - 49.34 |
| First Trade Date Milliseconds | 1,769,524,200,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 12.8205 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1976413610 |
| Nav Price | 12.8829 |
| Net Assets | 1,367,844,610.0 |
| Net Expense Ratio | 1.49 |
| Open | 12.22 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.04949951 |
| Post Market Change Percent | -0.3846116 |
| Post Market Price | 12.8205 |
| Post Market Time | 1,787,961,598 |
| Previous Close | 12.87 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 13.44 |
| Regular Market Day Low | 12.03 |
| Regular Market Day Range | 12.03 - 13.44 |
| Regular Market Open | 12.22 |
| Regular Market Previous Close | 12.87 |
| Regular Market Price | 12.87 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 51,655,660 |
| Short Name | Tradr 2X Long SNDK Daily ETF |
| Source Interval | 15 |
| Symbol | SNXX |
| Total Assets | 1,367,844,608 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -25.66419 |
| Trailing Three Month Returns | -25.66419 |
| Triggerable | 1 |
| Two Hundred Day Average | 14.728876 |
| Two Hundred Day Average Change | -1.8588762 |
| Two Hundred Day Average Change Percent | -0.12620625 |
| Type Disp | ETF |
| Volume | 51,655,660 |