Tradr 2X Long USAR Daily ETF (USAX)Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
21.76 USD
+3.13
(16.801%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 21.66 -0.10 (-0.100%) ⇩ (April 17, 2026, 7:48 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 19, 2026, 12:42 a.m. EDT
USAX is currently a pure momentum vehicle with no fundamental holding value for investors seeking stability, making it a speculative 'now-or-never' trade with zero long-term recommendation. The instrument is essentially a high-octane leveraged bet on the current rare earth complex rally; while the options flow signals strong commitment from traders in short-dated calls, the structural nature of the 2x daily leveraged ETF means equity decay will inevitably render it a 'value trap' for anything beyond a few weeks. Investors should view this strictly as an alpha-generating momentum play on thematic news flow, avoiding it entirely for any 'buy and hold' or income-based strategy. |
As of April 19, 2026, 12:42 a.m. EDT: Options data reveals a highly skewed bullish bias for the immediate 10-15 day horizon. In the April 17 expiry, there is significant 'New Flow' and volume (Vol 68) clustered at the 16.0 strike (deep ITM relative to the then-prevailing price), while the ATM anchor sits at 22.0. Put sellers are virtually absent (0 volume/lot interest below $20), indicating a lack of downside hedging. Further out the term (9 months), call volume at the 40.0 strike indicates speculative long-dated positioning. Call IV is compressed compared to the brief $20 anchor, suggesting the market expects a high-probability continuation of recent gains, with put IV only spiking on immediate expiration at lower strikes, where buyer interest is negligible.
| Attribute | Value |
|---|---|
| All Time High | 73.35 |
| All Time Low | 10.99 |
| Ask | 22.32 |
| Ask Size | 1,200 |
| Average Daily Volume10 Day | 140,250 |
| Average Daily Volume3 Month | 195,908 |
| Average Volume | 195,908 |
| Average Volume10Days | 140,250 |
| Beta3 Year | 0.0 |
| Bid | 21.62 |
| Bid Size | 1,400 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 23.5316 |
| Day Low | 20.04 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.81128 |
| Fifty Day Average Change | 0.94872093 |
| Fifty Day Average Change Percent | 0.04558686 |
| Fifty Two Week Change Percent | -0.59387684 |
| Fifty Two Week High | 73.35 |
| Fifty Two Week High Change | -51.589996 |
| Fifty Two Week High Change Percent | -0.7033401 |
| Fifty Two Week Low | 10.99 |
| Fifty Two Week Low Change | 10.77 |
| Fifty Two Week Low Change Percent | 0.97998184 |
| Fifty Two Week Range | 10.99 - 73.35 |
| First Trade Date Milliseconds | 1,768,314,600,000 |
| Full Exchange Name | Cboe US |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1974873783 |
| Nav Price | 18.62 |
| Net Assets | 7,325,002.0 |
| Net Expense Ratio | 1.49 |
| Open | 20.95 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.10000038 |
| Post Market Change Percent | -0.45956057 |
| Post Market Price | 21.66 |
| Post Market Time | 1,776,469,698 |
| Previous Close | 18.63 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 3.13 |
| Regular Market Change Percent | 16.8009 |
| Regular Market Day High | 23.5316 |
| Regular Market Day Low | 20.04 |
| Regular Market Day Range | 20.04 - 23.5316 |
| Regular Market Open | 20.95 |
| Regular Market Previous Close | 18.63 |
| Regular Market Price | 21.76 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 275,683 |
| Short Name | Tradr 2X Long USAR Daily ETF |
| Source Interval | 15 |
| Symbol | USAX |
| Total Assets | 7,325,002 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 24.499031 |
| Two Hundred Day Average Change | -2.7390308 |
| Two Hundred Day Average Change Percent | -0.1118016 |
| Type Disp | ETF |
| Volume | 275,683 |