Defiance Daily Target 2X Long SMCI ETF Target of Unusually High Options Trading (NASDAQ:SMCX)

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) saw unusually large options trading on Wednesday. Traders acquired 2,602 call options on the stock. This represents an increase of approximately 35% compared to the average volume of 1,934 call options.

Defiance Daily Target 2X Long SMCI ETF Stock Up 39.4%

SMCX stock opened at $8.99 on Thursday. Defiance Daily Target 2X Long SMCI ETF has a twelve month low of $5.46 and a twelve month high of $151.22. The business has a 50 day moving average of $13.62 and a 200 day moving average of $17.02.

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

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long SMCI ETF stock. Simplex Trading LLC purchased a new stake in shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned approximately 0.05% of Defiance Daily Target 2X Long SMCI ETF at the end of the most recent reporting period.

Defiance Daily Target 2X Long SMCI ETF Company Profile

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.