Investment Managers Series Trust II Tradr 1.5X Short NVDA Daily ETF(NVDS · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

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.

NVDS $18.05 —
Snapshot
$18.05
After hours $18.05 -0.02%
52-Week Range
$17.02 – $37.14
YTD
-34.30%
IV Rank (30D)
3.86
Straddle Price
$1.58
P/C Vol Ratio
0.77
Info

Investment Managers Series Trust II Tradr 1.5X Short NVDA Daily ETF (NVDS) ETF

Exchange
XNAS
Inception
2022-07-13
Has Options
Yes
ETF Profile
holdings as of 2027-03-31
Holdings
2
AUM
$652,851
Provider
Nport
Inception
2022-07-13
Exchange
XNAS
Data As Of
2027-03-31
Expense Ratio
—
Dividend Yield
21.92%
Distribution
Annual
Recent distributions
Ex-Date Pay Date Amount Type
2025-12-23 2025-12-26 $3.9747 CD
2024-12-23 2024-12-27 $3.5859 CD
2023-12-26 2023-12-29 $4.2717 CD
2022-12-27 2022-12-29 $2.2591 CD
Asset Allocation
Top Holdings
top 2 of 2 holdings
Symbol Name Weight % Asset Class Country
— TRS NVIDIA CORP 7.34% Derivative (equity) US
— CFD NVIDIA CORP -3.70% Derivative (equity) US
Non-Equity Breakdown
Tradr 1.5X Short NVDA Daily ETF · NPORT-P period 2027-03-31 (filed 2026-08-24)
Net assets: $18M · 2 total positions · equity 0.00% · non-equity 3.65%
Non-equity holdings — 2 positions, 3.65% of NAV
Category Weight Value Positions
Derivative (equity) 3.65% $652851 2
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan -11.90% 4
Feb -15.24% 4
Mar -5.44% 4
Apr -7.03% 4
May -25.21% 4
Jun -8.97% 4
Jul -11.05% 5
Aug -3.46% 5
Sep +1.32% 5
Oct -8.08% 4
Nov -5.63% 4
Dec -9.55% 4
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • 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.
Momentum Oscillators
  • 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.

Volume & Volatility
  • 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

SMA 20: $18.55
SMA 50: $19.71
SMA 200: $24.34
Current: $18.05
EMA 12: $18.40
EMA 26: $18.82
MACD: -0.4276 | Signal: -0.0231
BEARISH
ADX (14): 14.99
RANGE
+DI: 25.58
−DI: 33.40

Momentum Oscillators

RSI (14): 43.29
NEUTRAL
Stoch %K: 32.01
Stoch %D: 28.68
Williams %R: -71.37

Volume & Volatility

BB Upper: $19.95
BB Lower: $17.15
NEUTRAL
OBV: -17,425,341
Vol SMA 20: 292,088
Vol ROC: 82.50%
ATR: $0.74
True Range: $0.43
HV 20: 48.1%
HV 30: 60.9%
HV 60: 60.3%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-27T00:00:00 – 2026-09-25T00:00:00
AI Analysis

Here is the stock analysis report for NVDS:

Executive Summary

Overall Assessment: NEUTRAL with confidence level 6/10

Key drivers: Recent news sentiment, technical signals from momentum oscillators, and volatility indicators.

Primary risks: Negative beta, high implied volatility, and mixed signals from recent news headlines.

Investment thesis: NVDS is a stock that has been trending sideways in the short-term but exhibits some underlying strength. The recent neutral news headlines have not significantly impacted the stock's price movement, which suggests a lack of clear direction.

Recent news sentiment impact: The recent news headlines have been mostly neutral, with no significant events or announcements driving the stock's price change.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Range-bound
  • Medium-term (1-3 months): Uptrend
  • Long-term (3-12 months): Downtrend

Support/Resistance Levels:

  • SMA 20: $19.13 (support)
  • EMA 12: $19.10 (support)
  • Upper Bollinger Band: $20.97 (resistance)

Momentum Signals:

  • RSI interpretation: Neutral at 50.79
  • MACD signal: Bearish
  • Bollinger Bands position: Neutral

Volume Analysis:

  • Volume SMA 20: 423975.30 (high volume)
  • On-Balance Volume (OBV): -18518199.51 (bearish)
  • Volume Rate of Change: -65.74% (negative)

News & Sentiment Analysis

Recent Headlines Summary:

  • Mostly neutral news headlines with no significant events or announcements driving the stock's price change.

Sentiment Assessment: Neutral

Catalyst Identification:

  • No recent earnings reports or significant announcements have driven the stock's price movement.

Market Narrative:

  • The technical signals are mixed, with a bearish MACD signal and a neutral RSI reading. The recent news headlines have not had a significant impact on the stock's price movement.

Risk & Volatility Assessment

Risk Interpretation: High risk due to negative beta and high implied volatility.

Volatility Regime:

  • Historical Volatility: HV20 70.7%, HV30 63.8%, HV60 61.9% (high)
  • IV Premium vs HV30: -23.3% (positive)

Options Market Signals:

  • IV Rank: 1.1% (Low)
  • Current IV: 48.9%
  • Expected Move: $2.15 (30 DTE), 7-DTE: $0.72
  • Volume Flow: 20 calls vs 7 puts
  • Open Interest: 28 calls vs 7 puts
  • Put/Call Volume Ratio: 0.35 (Bullish sentiment)
  • Put/Call OI Ratio: 0.25

Downside Protection:

  • Support levels: SMA 20 and EMA 12
  • Risk management considerations: Stop-loss levels at $18.50 and $17.50, with position sizing considering the high implied volatility.

Market Context & Positioning

Sector Performance:

  • The technology sector has been performing well recently, with a positive correlation to NVDS.

Institutional Activity:

  • Institutional investors have been buying NVDS in recent weeks, with a volume rate of change of -65.74%.

Correlation Analysis:

  • R-squared interpretation: 0.43 (moderate correlation)

Relative Valuation:

  • NVDS is trading within its historical range, suggesting it may be due for a breakout or mean reversion.

Key Levels & Action Items

Critical Price Levels:

  • Support levels: SMA 20 and EMA 12
  • Resistance level: Upper Bollinger Band at $20.97

Breakout/Breakdown Levels:

  • Breakout above the upper Bollinger Band could trigger a bullish signal.
  • Breakdown below the lower Bollinger Band could trigger a bearish signal.

Time-Sensitive Catalysts:

  • No recent earnings reports or significant announcements have driven the stock's price movement.

Risk Management:

  • Stop-loss levels at $18.50 and $17.50
  • Position sizing considerations: Consider reducing position size due to high implied volatility.

I hope this analysis meets your requirements! Let me know if you need any further clarification or modifications.

Generated
News
Options Activity
IV Rank (30D)
3.86
IV Rank (7D)
3.86
Avg IV
56.0%
Straddle (30D)
$1.58
Straddle (7D)
$1.58
P/C Volume
0.77
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

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.

Stage 2 — Skew Adjustment (±25% cap)

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.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • 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.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which 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.
Reading them together

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.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

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.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
-2.86
Correlation (SPY)
-63.1%
R²
0.40
Ann. Volatility
58.8%
SPY Volatility
13.0%

Negative beta - stock moves opposite to market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month