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T-Rex 2X Long Tesla Daily Target ETF (TSLT)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
19.36 USD +1.09 (5.966%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 19.38 +0.02 (0.107%) ⇧ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11 p.m. EDT

TSLT is a high-volatility leveraged ETF currently trapped below its 50-day average, trading a substantial premium to its net asset value due to volatility drag; the market is simultaneously betting on a massive Tesla rally years out while hedging a crash in the coming months, creating a volatile environment unsuitable for non-sophisticated investors.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.153991
AutoETS0.153997
AutoTheta0.166120
MSTL0.171213

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 42%
H-stat 26.50
Ljung-Box p 0.000
Jarque-Bera p 0.224
Excess Kurtosis -0.27
Attribute Value
Trailing P/E 68.28

As of April 18, 2026, 11 p.m. EDT: Speculative flow is heavily skewed toward long-dated calls (Jan 2027+), with massive Open Interest walls at strikes significantly higher than current price (e.g., $39-$45 by Jan 2027), indicating a bet on major Tesla upside. However, near-term expiration data (April/May 2026) reveals a heavy concentration of Put Open Interest at lower strikes ($15-$18) relative to Call volume, and IV spikes on puts suggest a drill-down floor around $14-$15. The short-term IV surface is elevated, suggesting high uncertainty in the immediate term, with net positioning leaning cautiously bullish long-term but defensive short-term.


Info Dump

Attribute Value
All Time High 56.9
All Time Low 6.762
Ask 19.46
Ask Size 700
Average Daily Volume10 Day 3,817,500
Average Daily Volume3 Month 3,410,866
Average Volume 3,410,866
Average Volume10Days 3,817,500
Beta3 Year 0.0
Bid 19.25
Bid Size 700
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.18
Day Low 18.525
Dividend Yield 0.0
Eps Trailing Twelve Months 0.2835567
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.1155
Fifty Day Average Change 0.24450111
Fifty Day Average Change Percent 0.012790726
Fifty Two Week Change Percent 109.07128
Fifty Two Week High 33.03
Fifty Two Week High Change -13.669998
Fifty Two Week High Change Percent -0.41386613
Fifty Two Week Low 8.86
Fifty Two Week Low Change 10.500001
Fifty Two Week Low Change Percent 1.1851017
Fifty Two Week Range 8.86 - 33.03
First Trade Date Milliseconds 1,697,722,200,000
Full Exchange Name Cboe US
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 19.37
Net Assets 221,251,072.0
Net Expense Ratio 1.05
Open 18.95
Post Market Change 0.020799637
Post Market Change Percent 0.107436135
Post Market Price 19.3808
Post Market Time 1,776,470,375
Previous Close 18.27
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 1.09
Regular Market Change Percent 5.96607
Regular Market Day High 20.18
Regular Market Day Low 18.525
Regular Market Day Range 18.525 - 20.18
Regular Market Open 18.95
Regular Market Previous Close 18.27
Regular Market Price 19.36
Regular Market Time 1,776,456,000
Regular Market Volume 5,541,903
Short Name T-REX 2X Long Tesla Daily Targe
Source Interval 15
Symbol TSLT
Total Assets 221,251,072
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 68.27559
Trailing Peg Ratio None
Trailing Three Month Nav Returns -36.27855
Trailing Three Month Returns -36.27855
Triggerable 1
Two Hundred Day Average 22.114
Two Hundred Day Average Change -2.7539997
Two Hundred Day Average Change Percent -0.12453648
Type Disp ETF
Volume 5,541,903
Yield 0.0
Ytd Return -36.27855