Traders Buy High Volume of T-Rex 2X Long MSTR Daily Target ETF Call Options (BATS:MSTU)

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) was the recipient of some unusual options trading activity on Wednesday. Stock investors bought 111,877 call options on the stock. This is an increase of 128% compared to the average daily volume of 49,172 call options.

Hedge Funds Weigh In On T-Rex 2X Long MSTR Daily Target ETF

A number of large investors have recently made changes to their positions in MSTU. Total Investment Management Inc. purchased a new position in shares of T-Rex 2X Long MSTR Daily Target ETF during the 2nd quarter worth about $49,000. Lauer Wealth LLC purchased a new position in shares of T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter worth about $55,000. Precision Wealth Strategies LLC purchased a new position in shares of T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter worth about $61,000. Bogart Wealth LLC bought a new stake in T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter valued at about $66,000. Finally, CW Advisors LLC bought a new stake in T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter valued at about $66,000.

T-Rex 2X Long MSTR Daily Target ETF Stock Up 9.9%

Shares of BATS:MSTU opened at $5.11 on Thursday. The company’s 50 day moving average price is $6.10 and its 200-day moving average price is $7.06.

T-Rex 2X Long MSTR Daily Target ETF Company Profile

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.