T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ)Trading--Inverse Equity | Exchange Traded Fund | Cboe US
13.27 USD
+0.42
(3.268%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 13.35 +0.08 (0.581%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:36 a.m. EDT
This instrument is a leveraged inverse ETF tracking Tesla, which has suffered a catastrophic 92% decline over the last year. While the recent price action shows a slight bounce off the lows, the underlying asset remains in a severe structural decline. The leverage inherent in the product amplifies the drawdown, making recovery difficult without a massive, sustained reversal in Tesla's fortunes. The options market confirms this pessimism, with traders stacking heavy put positions to protect against further losses rather than betting on a rebound. The dividend yield is negligible and likely insufficient to offset the drag of the underlying asset's performance. For a long-term investor, this represents a deteriorating fundamental position where the market has correctly priced in continued weakness. Short-term, the stock is oversold, but the lack of a clear catalyst suggests the downtrend may persist. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.137211 |
| AutoETS | 0.137969 |
| AutoARIMA | 0.137969 |
| AutoTheta | 0.153950 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 0.20 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.339 |
| Excess Kurtosis | -1.03 |
As of Aug. 22, 2026, 5:36 a.m. EDT: Speculators are overwhelmingly positioned for further downside. Put open interest is massively concentrated in-the-money (strikes 14, 15, 18), creating a dense 'wall' of protection against drops. Call activity is sparse and skewed toward deep out-of-the-money strikes, indicating minimal bullish positioning. The implied volatility structure shows elevated premiums for downside protection compared to upside speculation.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.79% | 0.79% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-24 | 0.081 | 0.791789 |
| 2024-12-24 | 1.040 | 2.619647 |
| 2023-12-26 | 55.180 | 12.844506 |
| Attribute | Value |
|---|---|
| All Time High | 1,212.94 |
| All Time Low | 9.735 |
| Ask | 13.36 |
| Ask Size | 4,500 |
| Average Daily Volume10 Day | 1,661,760 |
| Average Daily Volume3 Month | 2,519,854 |
| Average Volume | 2,519,854 |
| Average Volume10Days | 1,661,760 |
| Beta3 Year | 0.0 |
| Bid | 13.2 |
| Bid Size | 4,800 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 13.5287 |
| Day Low | 12.5587 |
| Dividend Yield | 0.47 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 13.6559 |
| Fifty Day Average Change | -0.38589954 |
| Fifty Day Average Change Percent | -0.028258814 |
| Fifty Two Week Change Percent | -53.61011 |
| Fifty Two Week High | 28.4 |
| Fifty Two Week High Change | -15.129999 |
| Fifty Two Week High Change Percent | -0.53274643 |
| Fifty Two Week Low | 9.735 |
| Fifty Two Week Low Change | 3.5350008 |
| Fifty Two Week Low Change Percent | 0.36312285 |
| Fifty Two Week Range | 9.735 - 28.4 |
| First Trade Date Milliseconds | 1,697,722,200,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.42 |
| Fullday Change Percent | 3.26848 |
| Fullday Price | 13.3471 |
| 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% inverse (opposite) exposure to the price performance of TSLA on a daily basis. The fund is non-diversified. |
| Long Name | T-Rex 2X Inverse Tesla Daily Target ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1837196346 |
| Nav Price | 12.83 |
| Net Assets | 34,305,440.0 |
| Net Expense Ratio | 1.05 |
| Open | 12.69 |
| Post Market Change | 0.0770998 |
| Post Market Change Percent | 0.58100826 |
| Post Market Price | 13.3471 |
| Post Market Time | 1,787,961,565 |
| Previous Close | 12.85 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.42 |
| Regular Market Change Percent | 3.26848 |
| Regular Market Day High | 13.5287 |
| Regular Market Day Low | 12.5587 |
| Regular Market Day Range | 12.5587 - 13.5287 |
| Regular Market Open | 12.69 |
| Regular Market Previous Close | 12.85 |
| Regular Market Price | 13.27 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,203,166 |
| Short Name | T-Rex 2X Inverse Tesla Daily Ta |
| Source Interval | 15 |
| Symbol | TSLZ |
| Total Assets | 34,305,440 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 19.70854 |
| Trailing Three Month Returns | 19.70854 |
| Triggerable | 1 |
| Two Hundred Day Average | 13.3945 |
| Two Hundred Day Average Change | -0.12449932 |
| Two Hundred Day Average Change Percent | -0.009294809 |
| Type Disp | ETF |
| Volume | 1,203,166 |
| Yield | 0.0047 |
| Ytd Return | 45.44688 |