Leverage Shares 2X Long SPOT Daily ETF (SPOG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
8.99 USD
-0.19
(-2.042%) ⇩
(April 21, 2026, 2:07 p.m.
EDT)
Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 10:23 p.m. EDT
This is a pure play for shorting volatility on a leveraged ETF. The predictive model indicates a massive downside drift (-13.4%), and price action confirms a bearish trend reversal with the stock trading above its 200-day moving average but below the 50-day, capped by strong previous resistance. With low volume, zero dividends, and high leakage risk inherent to 2X daily resets, holding this position long is a guaranteed value trap; selling it for leverage against a downside move is the only logical strategy. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.147530 |
| MSTL | 0.156261 |
| AutoETS | 0.158265 |
| AutoARIMA | 0.225701 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.97 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.257 |
| Excess Kurtosis | 0.12 |
As of April 18, 2026, 10:23 p.m. EDT: Options activity is muted and inconsistent but leans bearish. ATM IV is extremely low (below 1.2%) across most expirations, indicating a lack of speculative positioning. The April 17 calls show massive OI accumulation at the deep ITM 5.0 strike (-45.8% OTM relative to price?), suggesting a hedge or buy-write play rather than a bullish bet on upside. Puts show trivial volume. There is no significant unusual flow or skew suggesting a directional move is being priced in; the market is essentially dormant or hedged.
| Attribute | Value |
|---|---|
| All Time High | 15.27 |
| All Time Low | 5.75 |
| Ask | 11.52 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 35,990 |
| Average Daily Volume3 Month | 83,081 |
| Average Volume | 83,081 |
| Average Volume10Days | 35,990 |
| Beta3 Year | 0.0 |
| Bid | 6.64 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 9.41 |
| Day Low | 8.97 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.09726 |
| Fifty Day Average Change | 0.89523983 |
| Fifty Day Average Change Percent | 0.11056083 |
| Fifty Two Week Change Percent | -39.206528 |
| Fifty Two Week High | 15.27 |
| Fifty Two Week High Change | -6.2775 |
| Fifty Two Week High Change Percent | -0.4111002 |
| Fifty Two Week Low | 5.75 |
| Fifty Two Week Low Change | 3.2425003 |
| Fifty Two Week Low Change Percent | 0.5639131 |
| Fifty Two Week Range | 5.75 - 15.27 |
| First Trade Date Milliseconds | 1,763,389,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,763,078,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-11-17 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of SPOT, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long SPOT Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1960872445 |
| Nav Price | 9.226 |
| Net Assets | 3,130,877.0 |
| Net Expense Ratio | 0.75 |
| Open | 9.41 |
| Previous Close | 9.18 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.1875 |
| Regular Market Change Percent | -2.0424836 |
| Regular Market Day High | 9.41 |
| Regular Market Day Low | 8.97 |
| Regular Market Day Range | 8.97 - 9.41 |
| Regular Market Open | 9.41 |
| Regular Market Previous Close | 9.18 |
| Regular Market Price | 8.9925 |
| Regular Market Time | 1,776,794,821 |
| Regular Market Volume | 24,566 |
| Short Name | Leverage Shares 2X Long SPOT Da |
| Source Interval | 15 |
| Symbol | SPOG |
| Total Assets | 3,130,877 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -37.28864 |
| Trailing Three Month Returns | -37.28864 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.774829 |
| Two Hundred Day Average Change | -0.7823286 |
| Two Hundred Day Average Change Percent | -0.080035016 |
| Type Disp | ETF |
| Volume | 24,566 |
| Ytd Return | -37.28864 |