Tradr 2X Long USAR Daily ETF (USAX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
3.67 USD
-0.42
(-10.269%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 3.71 +0.04 (1.090%) ⇧ (Oct. 16, 2026, 4:17 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 11:43 a.m. EDT
This leveraged daily ETF is currently in a severe downtrend, having collapsed from a fifty-two-week high of $73.35 to recent lows around $5.34. The price action over the last two weeks confirms a relentless sell-off, dropping nearly 45% in just fourteen trading days. The technical setup is catastrophic, trading well below both the fifty-day and two-hundred-day averages, which act as heavy resistance zones. The options market reflects this panic, with traders aggressively buying puts while call activity is negligible. While the underlying asset (US Rare Earth) may have strategic importance, this specific instrument suffers from the compounding decay inherent in leveraged products during a prolonged decline. With no dividends to offset losses and a multi-year trajectory showing structural deterioration, the risk-reward profile is unfavorable for any timeframe. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.199697 |
| AutoARIMA | 0.199699 |
| MSTL | 0.205197 |
| AutoTheta | 0.219969 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 0.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.354 |
| Excess Kurtosis | -0.96 |
As of Oct. 10, 2026, 11:43 a.m. EDT: Speculators are overwhelmingly positioning for downside protection. Put volume and open interest dominate across all expirations, with significant concentration in strikes near current prices ($5-$7). Call activity is sparse and largely limited to deep out-of-the-money strikes, indicating a lack of near-term bullish conviction despite some speculative long-dated buying.
| Attribute | Value |
|---|---|
| All Time High | 73.35 |
| All Time Low | 3.21 |
| Ask | 3.63 |
| Ask Size | 20,600 |
| Average Daily Volume10 Day | 201,960 |
| Average Daily Volume3 Month | 142,146 |
| Average Volume | 142,146 |
| Average Volume10Days | 201,960 |
| Beta3 Year | 0.0 |
| Bid | 3.65 |
| Bid Size | 3,600 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.1401 |
| Day Low | 3.58 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.53368 |
| Fifty Day Average Change | -5.86368 |
| Fifty Day Average Change Percent | -0.61504894 |
| Fifty Two Week Change Percent | -81.315674 |
| Fifty Two Week High | 73.35 |
| Fifty Two Week High Change | -69.68 |
| Fifty Two Week High Change Percent | -0.94996595 |
| Fifty Two Week Low | 3.21 |
| Fifty Two Week Low Change | 0.46000004 |
| Fifty Two Week Low Change Percent | 0.14330219 |
| Fifty Two Week Range | 3.21 - 73.35 |
| First Trade Date Milliseconds | 1,768,314,600,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.3800001 |
| Fullday Change Percent | -9.290956 |
| Fullday Price | 3.71 |
| Fund Family | AXS |
| Fund Inception Date | 1,768,176,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of USAR. This may include USAR stock in addition to financial instruments. The fund is non-diversified. |
| Long Name | Tradr 2X Long USAR Daily ETF |
| Market | us_market |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_1974873783 |
| Nav Price | 3.54 |
| Net Assets | 7,662,467.0 |
| Net Expense Ratio | 1.49 |
| Open | 4.02 |
| Phone | (414) 299-2295 |
| Post Market Change | 0.03999996 |
| Post Market Change Percent | 1.0899172 |
| Post Market Price | 3.71 |
| Post Market Time | 1,792,181,856 |
| Previous Close | 4.09 |
| Price Hint | 4 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.42 |
| Regular Market Change Percent | -10.269 |
| Regular Market Day High | 4.1401 |
| Regular Market Day Low | 3.58 |
| Regular Market Day Range | 3.58 - 4.1401 |
| Regular Market Open | 4.02 |
| Regular Market Previous Close | 4.09 |
| Regular Market Price | 3.67 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 310,006 |
| Short Name | Tradr 2X Long USAR Daily ETF |
| Source Interval | 15 |
| Symbol | USAX |
| Total Assets | 7,662,467 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -64.98963 |
| Trailing Three Month Returns | -64.98963 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.746927 |
| Two Hundred Day Average Change | -16.076927 |
| Two Hundred Day Average Change Percent | -0.8141483 |
| Type Disp | ETF |
| Volume | 310,006 |