Stock Traders Buy High Volume of Call Options on Tradr 2X Long SNDK Daily ETF (BATS:SNXX)

Tradr 2X Long SNDK Daily ETF (BATS:SNXX) was the target of some unusual options trading on Wednesday. Traders bought 24,865 call options on the company. This is an increase of approximately 16% compared to the average volume of 21,370 call options.

Tradr 2X Long SNDK Daily ETF Trading Up 15.4%

Tradr 2X Long SNDK Daily ETF stock traded up $1.53 during midday trading on Wednesday, reaching $11.47. 58,986,509 shares of the company were exchanged, compared to its average volume of 76,061,625. Tradr 2X Long SNDK Daily ETF has a 1 year low of $3.14 and a 1 year high of $49.34.

The Syntax Stratified Total US Market ETF (BATS:SNXX) is an exchange-traded fund designed to provide diversified exposure to the U.S. equity market. The fund invests in a broad portfolio of publicly traded companies across large-, mid- and small-cap segments and multiple industries.

SNXX uses Syntax’s stratified investment methodology, which organizes companies into business and industry groupings and seeks to distribute portfolio exposure across those groups. This approach is intended to provide broad market participation while reducing reliance on a small number of the largest companies or individual sectors.

The fund focuses on companies based in the United States and is structured for investors seeking a single-fund approach to diversified domestic equity exposure.