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Tradr 2X Long WDC Daily ETF (WDCX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
30.62 USD -3.21 (-9.489%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 29.31 -1.31 (-1.310%) ⇩ (July 13, 2026, 7:58 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 2:47 a.m. EDT

This instrument is a high-risk leveraged play on Western Digital's earnings, currently trapped in a volatile consolidation phase. The recent price action shows a brutal double-digit decline followed by a failed recovery, leaving the fund significantly underwater compared to its 200-day average. While the short-term momentum is technically neutral-to-slightly-bearish given the failure to reclaim key moving averages, the options market tells a story of fear: traders are aggressively buying deep out-of-the-money puts to protect against a collapse in the underlying tech names, even as they keep some speculative call exposure alive. The lack of any dividend yield and the inherent decay of a 2x leveraged ETF during a sideways-to-down market make holding this position dangerous for anything other than a very short-term trade. The statistical forecast model is useless here due to extremely low reliability, so investors must rely entirely on the visible options flow which screams caution.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.316613
MSTL0.484306
AutoARIMA0.488774
AutoETS0.489162

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 26%
H-stat 6.45
Ljung-Box p 0.000
Jarque-Bera p 0.225
Excess Kurtosis -0.09

As of July 11, 2026, 2:47 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. In the near term (July), there is a massive 'OI wall' of out-of-the-money calls at strikes significantly above the current price (65 and 75), suggesting a bet on a sharp spike. However, this is paired with equally heavy put volume at deep out-of-the-money strikes (16.67, 18.33), indicating a hedge against a crash. As expiration moves to September and December, the skew shifts dramatically toward heavy put open interest at lower strikes (20-30 range), while call interest fades. This structure suggests traders are buying protection against a potential drop in the underlying semiconductor stocks (Western Digital/Sandisk) while retaining a speculative tailwind for a rally, but the overwhelming presence of deep OTM puts implies fear of downside risk outweighs bullish conviction.


Info Dump

Attribute Value
All Time High 69.0
All Time Low 7.46
Ask 0.0
Ask Size 1,300
Average Daily Volume10 Day 2,271,440
Average Daily Volume3 Month 1,702,636
Average Volume 1,702,636
Average Volume10Days 2,271,440
Beta3 Year 0.0
Bid 0.0
Bid Size 1,400
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 31.055
Day Low 27.96
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 33.9326
Fifty Day Average Change -3.3125973
Fifty Day Average Change Percent -0.09762286
Fifty Two Week Change Percent 269.32312
Fifty Two Week High 69.0
Fifty Two Week High Change -38.379997
Fifty Two Week High Change Percent -0.55623186
Fifty Two Week Low 7.46
Fifty Two Week Low Change 23.16
Fifty Two Week Low Change Percent 3.1045575
Fifty Two Week Range 7.46 - 69.0
First Trade Date Milliseconds 1,769,524,200,000
Full Exchange Name Cboe US
Fund Family AXS
Fund Inception Date 1,769,385,600
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 WDC. It is non-diversified.
Long Name Tradr 2X Long WDC Daily ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1978179396
Nav Price 33.88
Net Assets 263,100,992.0
Net Expense Ratio 1.49
Open 30.63
Phone (414) 299-2295
Post Market Change -1.3100014
Post Market Change Percent -4.278254
Post Market Price 29.31
Post Market Time 1,783,987,099
Previous Close 33.83
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -3.21
Regular Market Change Percent -9.48862
Regular Market Day High 31.055
Regular Market Day Low 27.96
Regular Market Day Range 27.96 - 31.055
Regular Market Open 30.63
Regular Market Previous Close 33.83
Regular Market Price 30.62
Regular Market Time 1,783,972,800
Regular Market Volume 1,009,437
Short Name Tradr 2X Long WDC Daily ETF
Source Interval 15
Symbol WDCX
Total Assets 263,100,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 364.58716
Trailing Three Month Returns 364.58716
Triggerable 1
Two Hundred Day Average 21.532486
Two Hundred Day Average Change 9.087515
Two Hundred Day Average Change Percent 0.42203742
Type Disp ETF
Volume 1,009,437