T-Rex 2X Long Tesla Daily Target ETF (TSLT)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
12.55 USD
-0.42
(-3.238%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 12.52 -0.03 (-0.030%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:08 a.m. EDT
The short-term outlook is cautiously bullish, driven by a clear options narrative where traders are betting on a significant rally, likely targeting the $40 strike level which acts as a major resistance wall. The recent price action shows resilience, bouncing off the $10 support zone and reclaiming the $12 level, though it remains well below its 52-week high, leaving substantial room for a leveraged rebound. However, the long-term investment case is fundamentally flawed for a buy-and-hold strategy. As a 2x leveraged daily ETF, this instrument suffers from severe compounding drag during volatile or sideways markets, eroding capital over time regardless of the underlying asset's performance. With zero dividend history and a structure designed for short-term trading rather than wealth accumulation, it fails to meet the criteria for a long-term hold. |
| Model | MAE |
|---|---|
| MSTL_117 ✓ | 0.212581 |
| AutoARIMA | 0.289607 |
| AutoETS | 0.289612 |
| AutoTheta | 0.299779 |
| MSTL | 0.313264 |
Forecast horizon: 60 days | Selected: MSTL_117
| Forecast Reliability | |
|---|---|
| Score | 23% |
| H-stat | 5.03 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.009 |
| Excess Kurtosis | 0.13 |
| Attribute | Value |
|---|---|
| Trailing P/E | 73.81 |
As of Aug. 22, 2026, 3:08 a.m. EDT: Speculators are aggressively positioning for a massive upside move, evidenced by heavy call volume and open interest at strikes significantly above the current price (e.g., $30, $34, $39, $40). There is a distinct 'call wall' forming at the $40 strike, suggesting a target for a 2x leveraged vehicle to reach near $80. Conversely, put activity is concentrated deep in-the-money ($7-$10 range) with very low open interest at near-the-money strikes, indicating a lack of hedging against immediate downside and a speculative bias toward continued appreciation.
| Attribute | Value |
|---|---|
| All Time High | 56.9 |
| All Time Low | 6.762 |
| Ask | 12.49 |
| Ask Size | 6,400 |
| Average Daily Volume10 Day | 2,374,000 |
| Average Daily Volume3 Month | 2,660,009 |
| Average Volume | 2,660,009 |
| Average Volume10Days | 2,374,000 |
| Beta3 Year | 0.0 |
| Bid | 12.43 |
| Bid Size | 12,600 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.2502 |
| Day Low | 12.285 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 0.170034 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.3109 |
| Fifty Day Average Change | -1.7608995 |
| Fifty Day Average Change Percent | -0.12304604 |
| Fifty Two Week Change Percent | -20.03699 |
| Fifty Two Week High | 33.03 |
| Fifty Two Week High Change | -20.48 |
| Fifty Two Week High Change Percent | -0.6200424 |
| Fifty Two Week Low | 9.36 |
| Fifty Two Week Low Change | 3.1900005 |
| Fifty Two Week Low Change Percent | 0.34081203 |
| Fifty Two Week Range | 9.36 - 33.03 |
| First Trade Date Milliseconds | 1,697,722,200,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.42 |
| Fullday Change Percent | -3.23824 |
| Fullday Price | 12.52 |
| Fund Family | Rex |
| Fund Inception Date | 1,697,587,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,023-10-19 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of TSLA on a daily basis. The fund is non-diversified. |
| Long Name | T-Rex 2X Long Tesla Daily Target ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1837196405 |
| Nav Price | 12.99 |
| Net Assets | 140,401,472.0 |
| Net Expense Ratio | 1.05 |
| Open | 13.11 |
| Post Market Change | -0.029999733 |
| Post Market Change Percent | -0.23904169 |
| Post Market Price | 12.52 |
| Post Market Time | 1,787,961,562 |
| Previous Close | 12.97 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.42 |
| Regular Market Change Percent | -3.23824 |
| Regular Market Day High | 13.2502 |
| Regular Market Day Low | 12.285 |
| Regular Market Day Range | 12.285 - 13.2502 |
| Regular Market Open | 13.11 |
| Regular Market Previous Close | 12.97 |
| Regular Market Price | 12.55 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 2,072,536 |
| Short Name | T-REX 2X Long Tesla Daily Targe |
| Source Interval | 15 |
| Symbol | TSLT |
| Total Assets | 140,401,472 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 73.80877 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -41.45642 |
| Trailing Three Month Returns | -41.45642 |
| Triggerable | 1 |
| Two Hundred Day Average | 20.004925 |
| Two Hundred Day Average Change | -7.4549246 |
| Two Hundred Day Average Change Percent | -0.37265447 |
| Type Disp | ETF |
| Volume | 2,072,536 |
| Yield | 0.0 |
| Ytd Return | -61.77462 |