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

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
17.23 USD +0.07 (0.410%) ⇧ (July 14, 2026, 9:47 a.m. EDT)

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:05 a.m. EDT

This instrument is a leveraged bet on Tesla's daily moves, and the data confirms it is currently in a state of high uncertainty with no clear directional bias. The price has been choppy recently, trading below its key moving averages, which dampens any immediate momentum play. More critically, the lack of any dividend history and the leveraged nature of the fund make it unsuitable for long-term holding; the compounding drag of leverage during sideways or down markets is a structural risk, not a temporary one. While options traders are placing heavy bets on a massive move (both up and down) by the end of the year, the statistical forecast model offers zero confidence in the direction over the next 45 days. Without a catalyst to break the current consolidation, the safest play is to avoid the leverage entirely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.132677
AutoTheta0.142858
AutoETS0.146383
AutoARIMA0.146385

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 35%
H-stat 0.22
Ljung-Box p 0.000
Jarque-Bera p 0.485
Excess Kurtosis -0.88
Attribute Value
Trailing P/E 52.18

As of July 11, 2026, 4:05 a.m. EDT: Speculators are positioning for significant volatility rather than a specific directional breakout. Call open interest is heavily skewed out-of-the-money (OTM), with massive walls at strikes like $32 and $40, suggesting bets on a massive gap-up event. However, put open interest is even more concentrated OTM, particularly for the January 2027 expiration where deep OTM puts ($10-$12) hold substantial OI. This 'long gamma' structure implies the market expects the price to stay within a wide range or experience sharp, volatile swings in both directions, rather than a steady trend.


Info Dump

Attribute Value
All Time High 56.9
All Time Low 6.762
Ask 17.4
Ask Size 1,300
Average Daily Volume10 Day 3,142,950
Average Daily Volume3 Month 3,112,291
Average Volume 3,112,291
Average Volume10Days 3,142,950
Beta3 Year 0.0
Bid 17.44
Bid Size 800
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 17.69
Day Low 17.21
Dividend Yield 0.0
Eps Trailing Twelve Months 0.3302327
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.4196
Fifty Day Average Change -2.1892986
Fifty Day Average Change Percent -0.112736546
Fifty Two Week Change Percent 13.567173
Fifty Two Week High 33.03
Fifty Two Week High Change -15.799698
Fifty Two Week High Change Percent -0.47834387
Fifty Two Week Low 13.54
Fifty Two Week Low Change 3.690301
Fifty Two Week Low Change Percent 0.27254808
Fifty Two Week Range 13.54 - 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 REGULAR
Max Age 86,400
Message Board Id finmb_1837196405
Nav Price 18.35
Net Assets 255,455,072.0
Net Expense Ratio 1.05
Open 17.55
Previous Close 17.16
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.070301056
Regular Market Change Percent 0.40967983
Regular Market Day High 17.69
Regular Market Day Low 17.21
Regular Market Day Range 17.21 - 17.69
Regular Market Open 17.55
Regular Market Previous Close 17.16
Regular Market Price 17.2303
Regular Market Time 1,784,036,866
Regular Market Volume 283,056
Short Name T-REX 2X Long Tesla Daily Targe
Source Interval 15
Symbol TSLT
Total Assets 255,455,072
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 52.17624
Trailing Peg Ratio None
Trailing Three Month Nav Returns 16.92127
Trailing Three Month Returns 16.92127
Triggerable 1
Two Hundred Day Average 22.544525
Two Hundred Day Average Change -5.3142242
Two Hundred Day Average Change Percent -0.23572128
Type Disp ETF
Volume 283,056
Yield 0.0
Ytd Return -25.49607