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

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

Defiance Daily Target 2X Long SMCI ETF Stock Performance

Defiance Daily Target 2X Long SMCI ETF stock opened at $9.40 on Friday. Defiance Daily Target 2X Long SMCI ETF has a 1 year low of $5.46 and a 1 year high of $151.22. The company’s 50-day moving average is $13.50 and its two-hundred day moving average is $16.91.

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 acquired a new stake in Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned about 0.05% of Defiance Daily Target 2X Long SMCI ETF at the end of the most recent quarter.

About Defiance Daily Target 2X Long SMCI ETF

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.