Tradr 2X Long AAOI Daily ETF (BATS:AAOX – Get Free Report) was the target of unusually large options trading on Wednesday. Traders acquired 6,933 call options on the company. This is an increase of 84% compared to the typical daily volume of 3,774 call options.
Tradr 2X Long AAOI Daily ETF Price Performance
Tradr 2X Long AAOI Daily ETF stock traded up $0.62 during mid-day trading on Wednesday, reaching $2.28. The stock had a trading volume of 26,420,049 shares, compared to its average volume of 9,699,129. Tradr 2X Long AAOI Daily ETF has a fifty-two week low of $1.47 and a fifty-two week high of $103.00.
Tradr 2X Long AAOI Daily ETF Company Profile
Tradr 2X Long AAOI Daily ETF (BATS: AAOX) is an exchange-traded fund designed to deliver, before fees and expenses, approximately twice the daily performance of Applied Optoelectronics, Inc. (AAOI) common stock. It provides investors with leveraged exposure to a single publicly traded company rather than operating a business or selling products and services. The fund seeks its objective through financial instruments such as derivatives and resets its exposure daily. Its performance is intended to reflect AAOI’s returns over a single trading day; over longer periods, compounding can cause returns to differ significantly from twice the stock’s cumulative performance.
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