Tradr 2X Long Sndk Daily ETF (SNXX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
10.69 USD
-1.24
(-10.394%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 9.96 -0.73 (-0.728%) ⇩ (Oct. 14, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 2:25 a.m. EDT
This is a dangerous instrument for a standard investment portfolio. It is a leveraged daily ETF designed to double the daily moves of Sandisk, meaning it suffers from severe compounding decay during any sideways or volatile market. The recent price action confirms this: despite a 52-week high of nearly $49, the price has collapsed to the low teens, reflecting the brutal math of holding a 2x product through a downtrend. The options data reveals that smart money isn't trying to predict a specific direction; instead, they are buying protection and leverage on both sides, waiting for a massive swing. There is no dividend to cushion the blow, and the lack of long-term price history makes assessing the underlying business quality impossible. For a retail investor, this is a speculative tool for trading specific news events, not a vehicle for wealth accumulation. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.184788 |
| AutoARIMA | 0.184789 |
| MSTL | 0.186458 |
| AutoTheta | 0.280508 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 0.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.145 |
| Excess Kurtosis | 0.07 |
As of Oct. 10, 2026, 2:25 a.m. EDT: Speculators are positioning for extreme volatility rather than directional bias. Call Open Interest builds significantly at strikes 16, 20, and 25, while Put Open Interest concentrates heavily at strikes 14, 15, and 18. This creates a 'strangle' environment where traders are betting on large moves in either direction, evidenced by massive volume spikes at out-of-the-money strikes (e.g., 35-strike calls, 30-strike puts) alongside elevated implied volatility. The market is pricing in a binary event or continued leveraged beta swings, not a steady trend.
| Attribute | Value |
|---|---|
| All Time High | 49.34 |
| All Time Low | 3.13875 |
| Ask | 10.43 |
| Ask Size | 13,700 |
| Average Daily Volume10 Day | 44,826,220 |
| Average Daily Volume3 Month | 83,486,653 |
| Average Volume | 83,486,653 |
| Average Volume10Days | 44,826,220 |
| Beta3 Year | 0.0 |
| Bid | 10.4 |
| Bid Size | 4,300 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.63 |
| Day Low | 10.665 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.6826 |
| Fifty Day Average Change | -3.9926004 |
| Fifty Day Average Change Percent | -0.27192736 |
| Fifty Two Week Change Percent | 266.23178 |
| Fifty Two Week High | 49.34 |
| Fifty Two Week High Change | -38.65 |
| Fifty Two Week High Change Percent | -0.7833401 |
| Fifty Two Week Low | 3.13875 |
| Fifty Two Week Low Change | 7.5512495 |
| Fifty Two Week Low Change Percent | 2.4058142 |
| 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 | 10.69 |
| 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 | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1976413610 |
| Nav Price | 11.9742 |
| Net Assets | 1,932,884,990.0 |
| Net Expense Ratio | 1.49 |
| Open | 11.09 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.7279997 |
| Post Market Change Percent | -6.8101006 |
| Post Market Price | 9.962 |
| Post Market Time | 1,792,022,398 |
| Previous Close | 11.93 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.24 |
| Regular Market Change Percent | -10.394 |
| Regular Market Day High | 11.63 |
| Regular Market Day Low | 10.665 |
| Regular Market Day Range | 10.665 - 11.63 |
| Regular Market Open | 11.09 |
| Regular Market Previous Close | 11.93 |
| Regular Market Price | 10.69 |
| Regular Market Time | 1,792,008,000 |
| Regular Market Volume | 45,405,616 |
| Short Name | Tradr 2X Long SNDK Daily ETF |
| Source Interval | 15 |
| Symbol | SNXX |
| Total Assets | 1,932,884,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -60.3402 |
| Trailing Three Month Returns | -60.3402 |
| Triggerable | 1 |
| Two Hundred Day Average | 14.892514 |
| Two Hundred Day Average Change | -4.2025146 |
| Two Hundred Day Average Change Percent | -0.28218973 |
| Type Disp | ETF |
| Volume | 45,405,616 |