BEZ Tradr 2X Short BE Daily ETF
ETF 6.71 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $4.08 – $306.60
- YTD
- -97.05%
- IV Rank (30D)
- 13.25
- Straddle Price
- $2.65
- P/C Vol Ratio
- 0.72
- Open
- $6.74
- Day Range
- $6.62 – $6.95
- Volume
- 1,049,135
- Prev Close
- $6.14
Tradr 2X Short BE Daily ETF (BEZ) ETF
No description available.
- Exchange
- BATS
- Inception
- 2026-02-10
- Has Options
- Yes
- Expense ratio
- 1.49% prospectus, filed Jan 20, 2026
- Assets
- $10M SEC filing, Jun 30, 2026
- Trailing yield
- —
- Average daily volume
- $27M 30 sessions
- Holdings
- 2 top 10 are 0.0%
- Listed
- Feb 10, 2026 Cboe BZX
Moves with. Value over growth (17% of its variance, beta 4.50); US large-cap stocks (8% of its variance, beta -2.52); Emerging markets over US (5% of its variance, beta -1.26); Small caps over large (4% of its variance, beta -4.06). These factors explain 38% of its daily moves over the last year.
Stated objective. The Tradr 2X Short BE Daily ETF seeks daily investment results, before fees and expenses, that correspond to two times the inverse ( -200 %) daily performance of the common shares of Bloom Energy Corporation. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. (from the fund's prospectus)
All 2 holdingsFlow historyOverlap toolAll Single-Stock Inverse ETFs
- Jun 2026
- +$4.5M latest reported month
- Latest 3 months
- +$22M +219.9% of assets
- Latest 12 months
- —
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$4.5M |
| May 2026 | −$7.5M |
| Apr 2026 | +$25M |
| Mar 2026 | +$767K |
| Feb 2026 | +$2.3M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 5 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| TSLQInvestment Managers Series Trust II Tradr 2X Short TSLA Daily ETF | — | 1.17% | $114M | −29.6% | compare |
| MSTZT-Rex 2X Inverse MSTR Daily Target ETF | — | 1.05% | $107M | −57.6% | compare |
| TSLSDirexion Shares ETF Trust Direxion Daily TSLA Bear 1X ETF | — | — | $76M | −1.0% | compare |
| NVDGraniteShares ETF Trust GraniteShares 2x Short NVDA Daily ETF | — | 1.35% | $61M | −57.3% | compare |
| MSFDDirexion Shares ETF Trust Direxion Daily MSFT Bear 1X ETF | — | — | $41M | −11.2% | compare |
The largest other funds in the Single-Stock Inverse category.
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | CFD BLOOM ENERGY CORP- A | -7.21% | Derivative (equity) | US |
| — | CFD BLOOM ENERGY CORP- A | -8.50% | Derivative (equity) | US |
| Month | '26 | Avg |
|---|---|---|
| Jan | -- | -- |
| Feb | -13.30% | -13.30% |
| Mar | 6.82% | 6.82% |
| Apr | -88.24% | -88.24% |
| May | -10.85% | -10.85% |
| Jun | -45.59% | -45.59% |
| Jul | 9.04% | 9.04% |
| Aug | -0.18% | -0.18% |
| Sep | -52.34% | -52.34% |
| Oct | 34.73%* | 34.73% |
| Nov | -- | -- |
| Dec | -- | -- |
| Total | -96.31% | -96.31% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
Stock Analysis Report: BEZ (Tradr 2X Short BE Daily ETF)
Executive Summary
Overall Assessment: BEARISH | Confidence: 7/10
Fund Classification: BEZ is a 2x inverse leveraged ETF tracking Bloom Energy Corp (BE) with -2x daily rebalancing. This is a tactical bearish bet on BE with structural daily reset mechanics that decay in sideways markets.
Investment Thesis: BEZ is experiencing severe structural distress with negative cash flows despite recent inflows, elevated closure risk (10% over 12 months), and a negative beta of -8.38 indicating the underlying BE stock has experienced extreme positive volatility. The fund's $10M in assets with +$22M inflows over 3 months (219.9% growth) suggests tactical investors are adding bearish BE positions, but the underlying fund mechanics and expense drag (1.49%) create unfavorable long-term return profiles.
Recent News Sentiment: No recent news available; analysis limited to technical and structural metrics.
Technical Analysis
Trend Direction Assessment
CRITICAL DATA QUALITY ISSUE: The technical indicators show conflicting and potentially unreliable signals:
- Short-term (1-4 weeks): BEARISH SIGNAL (price $7.28 vs SMA 20 $5.32 = price well above short-term average; Stochastic at 84.37 = extreme overbought)
- Medium-term (1-3 months): CONFLICTED (price $7.28 vs SMA 50 $7.56 = near parity; ADX 18.35 indicates weak trend strength in range-bound regime)
- Long-term (3-12 months): SEVERELY BEARISH (price $7.28 vs SMA 200 $137.93 = price down 94.7% from 200-day average; this suggests either a massive drawdown in underlying BE stock or data anomaly)
Trend Strength: ADX at 18.35 indicates a range-bound regime with weak directional commitment, not a strong trending market. The +DI (28.51) vs -DI (18.91) shows bullish pressure is present but without conviction.
Support & Resistance Levels
| Level | Type | Interpretation | |-------|------|-----------------| | $6.80 | Bollinger Upper Band | Current resistance; overbought threshold | | $7.28 | Current Price | Trading near recent highs in technical range | | $5.32 | SMA 20 / Bollinger Middle | Dynamic support; short-term equilibrium | | $3.83 | Bollinger Lower Band | Extreme support; oversold territory |
Critical Issue: The SMA 200 at $137.93 is disconnected from current price action, suggesting either:
- A catastrophic drawdown in the underlying BE stock (94.7% decline)
- Data corruption or calculation error in the technical dataset
Momentum Signals
RSI (57.58) - NEUTRAL: Reading of 57.58 is mid-range, neither overbought (>70) nor oversold (<30). This suggests balanced momentum without extreme pressure in either direction.
Stochastic Oscillators - OVERBOUGHT WARNING:
- %K at 84.37 and %D at 73.84 both exceed 70 threshold
- Williams %R at -8.44 (scale: -100 to 0) indicates extremely overbought conditions
- Signal: Short-term pullback or consolidation likely; momentum may reverse
MACD - BEARISH CROSSOVER:
- MACD line (-0.40) trading below Signal line (0.47)
- Histogram (-0.87) deeply negative
- Signal: Bearish momentum is present; trend deterioration likely
- Conflict: MACD bearish while Stochastic overbought suggests potential mean reversion lower
Bollinger Bands - OVERBOUGHT:
- Price $7.28 trading above upper band $6.80
- Band width 55.83% indicates elevated volatility
- Signal: Price stretched; mean reversion toward middle band ($5.32) is probable
Volume Analysis
Volume Deterioration:
- Volume SMA 20: 5.46M shares (baseline)
- Volume Rate of Change: -25.96% (significant decline)
- On-Balance Volume (OBV): -14.06M (negative cumulative, bearish)
Interpretation: Declining volume on price strength is a classic bearish divergence. The fund is rising on low conviction; institutional support is waning. This contradicts the callish put/call ratio from options data, suggesting retail or tactical positioning without institutional follow-through.
News & Sentiment Analysis
Recent Headlines Summary: No recent news available for analysis.
Sentiment Assessment: NEUTRAL/UNAVAILABLE — Cannot assess news-driven catalysts.
Data Quality Flag: Absence of recent news is a significant limitation. For a leveraged inverse ETF with $10M AUM and 219.9% quarterly inflows, lack of news context makes it difficult to assess what's driving investor positioning. This may indicate:
- News sources not indexed for the ETF (vs underlying BE stock)
- Limited market attention due to small fund size
- Tactical positioning without fundamental thesis
Catalyst Identification:
- Underlying BE Earnings: Critical catalyst for inverse ETF (if BE reports strong earnings, BEZ declines; vice versa)
- Closure Risk (10% over 12 months): Potential liquidation event if assets fall below thresholds
- Options Expiration: 7-DTE expected move $0.60; 35-DTE expected move $2.73
Risk & Volatility Assessment
Beta Interpretation - EXTREME RED FLAG
Beta: -8.38 vs SPY
This reading is highly anomalous and indicates:
-
Inverse Leverage Confirmation: The -2x daily leverage ETF structure explains negative beta, but -8.38 suggests the underlying BE stock has experienced extreme positive correlation reversals or the fund is compounding leverage effects non-linearly.
-
Extreme Volatility: This beta implies for every 1% SPY moves, BEZ moves -8.38%. This is:
- Extraordinarily risky for tactical investors
- Suitable only for short-term hedges (days to weeks)
- Prone to decay in sideways markets (daily reset drag)
-
Data Reliability Concern: Beta this extreme warrants verification; it may reflect:
- BE stock's extreme upside movement (causing inverse ETF catastrophic losses)
- Data calculation error or period-specific anomaly
- Compounding effect of 2x daily leverage during high volatility
Alpha: -1.88 — Fund underperforming its benchmark (systematic losses from expense ratio and tracking error).
Correlation: -0.47 — Negative but moderate correlation with SPY; the fund doesn't move purely inversely but with noise/tracking issues.
Volatility Regime
Historical Volatility (Extremely High):
- HV20 (20-day): 174.0%
- HV30 (30-day): 180.3%
- HV60 (60-day): 233.7%
Context: For a leveraged inverse ETF, 180%+ annualized volatility is catastrophic. This implies:
- Daily price swings of 6-8% are normal
- Underlying BE stock is in extreme distress or experiencing violent swings
- Daily rebalancing creates compounding losses in sideways markets
Implied vs Realized:
- Current IV (155.4%) vs HV30 (180.3%)
- IV Premium: -13.8% (IV lower than realized volatility)
- Signal: Options market is pricing lower volatility than history suggests; implied moves may be too optimistic
Options Market Signals
IV Rank: 6.3% (EXTREMELY LOW) — Current IV in bottom 6th percentile of historical range, indicating options are cheap relative to historical volatility. Paradox: If HV is 180%, why is IV so depressed?
Expected Move (35 DTE): $2.73 — Suggests market expects 37.5% move within 5 weeks. Given current price $7.28, this implies trading range $4.55-$10.01.
Put/Call Ratio: 0.23 (BULLISH SKEW)
- Call volume (79) vs Put volume (18): Strong call dominance
- Call OI (162) vs Put OI (49): Sustained call
BEZ Options Activity & IV Rank
BEZ IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Options Flow
ATM Options Pricing
Chain Summary
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Estimated net dealer gamma is at the 52nd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 176
Period: 252 trading days
Negative beta - stock moves opposite to market
BEZ Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $171.05K | 100.00% | 2026-06-30 |
| # | Filer | Notional Value | % of Total | Period |
|---|
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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