Investors Buy High Volume of Defiance Daily Target 2X Long SMCI ETF Call Options (NASDAQ:SMCX)

by · The Cerbat Gem

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCXGet Free Report) was the target of unusually large options trading activity on Monday. Stock investors bought 2,830 call options on the stock. This represents an increase of 58% compared to the average daily volume of 1,795 call options.

Institutional Investors Weigh In On Defiance Daily Target 2X Long SMCI ETF

A hedge fund recently bought a new position in Defiance Daily Target 2X Long SMCI ETF stock. Simplex Trading LLC purchased a new position in Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCXFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned 0.05% of Defiance Daily Target 2X Long SMCI ETF as of its most recent SEC filing.

Defiance Daily Target 2X Long SMCI ETF Stock Performance

Defiance Daily Target 2X Long SMCI ETF stock traded down $0.05 during trading hours on Monday, hitting $7.58. 2,466,353 shares of the stock traded hands, compared to its average volume of 3,652,982. The firm’s 50-day moving average price is $15.34 and its two-hundred day moving average price is $18.69. Defiance Daily Target 2X Long SMCI ETF has a one year low of $6.48 and a one year high of $151.22.

Defiance Daily Target 2X Long SMCI ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long SMCI ETF (SMCX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Super Micro Computer, Inc (SMCI), less fees and expenses, through derivatives like swap agreements SMCX was launched on Aug 21, 2024 and is issued by Defiance.

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