Defiance Daily Target 1.75X Long MSTR ETF Target of Unusually Large Options Trading (NASDAQ:MSTX)

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) was the recipient of unusually large options trading activity on Monday. Traders purchased 8,856 call options on the stock. This is an increase of approximately 28% compared to the typical volume of 6,901 call options.

Defiance Daily Target 1.75X Long MSTR ETF Stock Performance

Shares of NASDAQ MSTX traded up $3.07 during midday trading on Monday, reaching $21.80. 7,778,736 shares of the company traded hands, compared to its average volume of 6,676,488. Defiance Daily Target 1.75X Long MSTR ETF has a 12 month low of $6.72 and a 12 month high of $271.50. The stock’s 50-day simple moving average is $11.19 and its 200-day simple moving average is $18.92. The firm has a market cap of $385.86 million, a PE ratio of -128.24 and a beta of 4.51.

Defiance Daily Target 1.75X Long MSTR ETF Company Profile

The Defiance Daily Target 2x Long MSTR ETF (MSTX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of the MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. MSTX was launched on Aug 14, 2024 and is issued by Defiance.