BULG Leverage Shares 2X Long BULL Daily ETF
ETF 35.20 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. 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
- $18.36 – $275.59
- YTD
- -50.71%
- IV Rank (30D)
- 5.67
- Straddle Price
- $5.90
- P/C Vol Ratio
- 0.42
Leverage Shares 2X Long BULL Daily ETF (BULG) ETF
- Exchange
- XNAS
- Inception
- 2025-08-08
- Has Options
- Yes
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | First American Treasury Obliga | 12.19% | Short-term investment | US |
| — | N/A | -0.75% | Derivative (equity) | US |
| — | N/A | -6.08% | Derivative (equity) | US |
| — | N/A | -6.75% | Derivative (equity) | US |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | -23.95% | 1 |
| Feb | -34.75% | 1 |
| Mar | -30.20% | 1 |
| Apr | +88.96% | 1 |
| May | -17.18% | 1 |
| Jun | -0.11% | 1 |
| Jul | +10.60% | 1 |
| Aug | +16.33% | 2 |
| Sep | -11.00% | 2 |
| Oct | -18.94% | 2 |
| Nov | -28.97% | 1 |
| Dec | -28.22% | 1 |
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
LLM Stock Analysis Report
SYMBOL: BULG
Executive Summary:
Overall Assessment: BEARISH (Confidence Level: 6/10)
Key Drivers:
- High volatility (beta = 4.29) and overbought momentum indicators (RSI > 70)
- Strong resistance levels above ($53.35) and below ($42.17) recent price action
- Mixed signals from options market, with both bullish and bearish sentiment
Primary Risks:
- Potential mean reversion or pullback due to high volatility and overbought conditions
- Resistance levels may limit upside potential in the short term
Investment Thesis: BULG is overextended and vulnerable to a correction or reversal. While the options market suggests some optimism, the stock's high volatility and overbought momentum indicators suggest caution.
Recent News Sentiment Impact: No recent news available; therefore, no sentiment impact assessment.
Technical Analysis:
Trend Direction:
- Short-term (1-4 weeks): BEARISH
- Medium-term (1-3 months): NEUTRAL
- Long-term (3-12 months): BULLISH
Support/Resistance Levels:
- Lower: $30.99 (Bollinger Band)
- Middle: $42.17 (SMA 50 and EMA 26)
- Upper: $53.35 (Bollinger Band)
Momentum Signals:
- RSI: Overbought (>70) - potential sell signal
- MACD: Bullish crossover above the signal line
- Bollinger Bands: Overbought, indicating a potential mean reversion
Volume Analysis:
- Volume SMA 20: 7172.74 (weak trend)
- On-Balance Volume (OBV): Negative (-142719.15) - weak buying interest
- Volume Rate of Change: 7515.60% - high volume and volatility
News & Sentiment Analysis:
Recent Headlines Summary:
No recent news available.
Sentiment Assessment:
Neutral (no clear sentiment or catalysts)
Catalyst Identification:
No recent news or earnings announcements.
Market Narrative:
No clear market narrative, as no recent news is available.
Risk & Volatility Assessment:
Beta Interpretation: High risk (beta = 4.29) - stock moves more than the market.
Volatility Regime: High volatility (current vs historical)
Options Market Signals: IV rank: Low (10.0%) - shows if volatility is historically high/low Current IV: 217.7% - very high implied volatility Expected Move: $14.70 (29 DTE), 7-DTE: $4.97 - significant move expected
Downside Protection:
- Support levels at $42.17 and $30.99
- Risk management considerations: set stop-loss levels based on recent price action
Market Context & Positioning:
Sector Performance: Relative strength vs sector/market - no clear sector outperformance.
Institutional Activity: Volume patterns suggesting institutional interest - not clear.
Correlation Analysis: Stock moves more than the market (beta = 4.29) - high correlation.
Relative Valuation: Position within trading range - not clear.
Key Levels & Action Items:
Critical Price Levels:
- Lower: $30.99 (Bollinger Band)
- Middle: $42.17 (SMA 50 and EMA 26)
- Upper: $53.35 (Bollinger Band)
Breakout/Breakdown Levels:
- Resistance above ($53.35) and below ($42.17)
Time-Sensitive Catalysts:
No earnings announcements or regulatory changes.
Risk Management: Set stop-loss levels based on recent price action, considering support levels at $42.17 and $30.99.
Additional Notes:
Data Interpretation: RSI > 70 = overbought (potential sell signal) MACD crossover above the signal line = bullish momentum Bollinger Bands position = overbought
News Impact Assessment:
No recent news available; therefore, no impact assessment.
Risk Assessment Criteria: High risk - beta > 1.5, high volatility, negative news sentiment, and technical breakdown
- IV Rank (30D)
- 5.67
- IV Rank (7D)
- 5.67
- Avg IV
- 136.3%
- Straddle (30D)
- $5.90
- Straddle (7D)
- $5.90
- P/C Volume
- 0.42
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.
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.
- Beta (1Y vs SPY)
- 4.39
- Correlation (SPY)
- 47.8%
- R²
- 0.23
- Ann. Volatility
- 119.6%
- SPY Volatility
- 13.0%
High volatility - stock moves more than market
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