RIOX Defiance Daily Target 2X Long RIOT ETF

ETF 8.91 Delayed

ETF 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.

RIOX $8.91 —
Key stats
$8.91
52-Week Range
$12.96 – $153.75
YTD
-65.98%
IV Rank (30D)
55.43
Straddle Price
$3.15
P/C Vol Ratio
0.48
Open
$16.08
Day Range
$15.20 – $16.08
Volume
151,828
Prev Close
$15.79
About

Defiance Daily Target 2X Long RIOT ETF (RIOX) ETF

No description available.

Exchange
ARCX
Inception
2025-01-02
Has Options
Yes
Fund profile
holdings as of Apr 30, 2026SEC filingthrough Jul 2026flows, SEC filings
Leveraged & Inverse Single-Stock Leveraged#151 of 415 by assets Defiance RIOT Actively managed
Resets to 2x its benchmark's return each day. Over longer periods the result compounds and can differ sharply from 2x the benchmark, especially when it is volatile. Decay analysis
Expense ratio
—
Assets
$9.5M
shares × price, Oct 9, 2026
Trailing yield
—
Average daily volume
$8.2M
30 sessions
Holdings
9
top 10 are 56.3%
Listed
Jan 2, 2025
NYSE Arca
Closure risk, 12 months
13%
elevated: volatility, trailing return, single-stock fund · model
FrenzyCap ETF score
35
how it is built
Costn/a
Liquidity64
Scale0
Diversificationn/a

Moves with. Value over growth (16% of its variance, beta -4.00); Bitcoin (14% of its variance, beta 1.06); Small caps over large (11% of its variance, beta 4.87); US large-cap stocks (4% of its variance, beta 0.91). These factors explain 52% of its daily moves over the last year.

Stated objective. The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Riot Platforms, Inc. (Nasdaq: RIOT). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day. (from the fund's prospectus)

All 9 holdingsFlow historyOverlap toolAll Single-Stock Leveraged ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
+$494K
latest reported month
Latest 3 months
−$11M
−75.3% of assets
Latest 12 months
−$18M
−122.2% of assets
Aug 2025: +$1.6MSep 2025: −$8.5MSepOct 2025: −$11MNov 2025: +$8.0M+$8.0MNovDec 2025: +$3.1MJan 2026: +$4.6MJanFeb 2026: −$1.4MMar 2026: +$5.6MMarApr 2026: −$8.9MMay 2026: −$12M−$12MMayJun 2026: +$464KJul 2026: +$494KJul
View as a table
Net flows of RIOX by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026+$494K
Jun 2026+$464K
May 2026−$12M
Apr 2026−$8.9M
Mar 2026+$5.6M
Feb 2026−$1.4M
Jan 2026+$4.6M
Dec 2025+$3.1M
Nov 2025+$8.0M
Oct 2025−$11M
Sep 2025−$8.5M
Aug 2025+$1.6M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 19 months ago

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Under the hood
fiscal year to Apr 30, 2026SEC census
Authorized participants
6 active
of 6 with agreements; top 3 did 90%
Created · redeemed
$263M · $275M
over the fiscal year
Redemptions in kind
0%
creations 0% in kind
Creation unit
10,000
shares
Securities lending
not authorized
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-04-30
Holdings
9
AUM
$19.6M
Provider
Defiance
Inception
2025-01-02
Exchange
ARCX
Data As Of
2026-04-30
Expense Ratio
—
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 9 of 9 holdings
Symbol Name Weight % Asset Class Country
— N/A 15.91% Derivative (equity) US
— N/A 8.52% Derivative (equity) US
— N/A 8.41% Derivative (equity) US
— N/A 7.85% Derivative (equity) US
— First American Government Obli 6.56% Short-term investment US
— N/A 5.82% Derivative (equity) US
— TREASURY BILL 4.95% Debt US
— N/A 4.79% Derivative (equity) US
— N/A -0.20% Derivative (equity) US
Non-Equity Breakdown
Defiance Daily Target 2x Long Riot ETF · NPORT-P period 2026-04-30 (filed 2026-06-25)
Net assets: $20M · 9 total positions · equity 0.00% · non-equity 62.61%
Non-equity holdings — 9 positions, 62.61% of NAV
Category Weight Value Positions
Derivative (equity) 51.10% $10.0M 7
Short-term investment 6.56% $1.3M 1
US Treasury 4.95% $968073 1
Chart
Seasonality
'25'26Avg
Jan-14.24%10.31%-1.96%
Feb-43.49%2.03%-20.73%
Mar-42.58%-48.42%-45.50%
Apr-15.46%74.09%29.32%
May2.42%101.07%51.74%
Jun66.63%-11.55%27.54%
Jul35.81%-41.56%-2.88%
Aug46.01%-26.78%9.61%
Sep68.87%18.84%43.86%
Oct-1.66%-27.37%*-14.52%
Nov-44.36%---44.36%
Dec-60.92%---60.92%
Total-71.25%-33.62%-52.43%
* Only 2 year(s) of data available.
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: $25.65
SMA 50: $26.01
SMA 200: $33.28
Current: $15.84
EMA 12: $21.65
EMA 26: $24.46
MACD: -2.8024 | Signal: -1.3450
BEARISH
ADX (14): 16.90
RANGE
+DI: 19.61
−DI: 37.81

Momentum Oscillators

RSI (14): 31.63
NEUTRAL
Stoch %K: 5.54
Stoch %D: 5.18
Williams %R: -95.40

Volume & Volatility

BB Upper: $37.59
BB Lower: $13.72
NEUTRAL
OBV: 2,727,679
Vol SMA 20: 250,308
Vol ROC: -22.52%
ATR: $3.31
True Range: $0.88
HV 20: 140.4%
HV 30: 161.1%
HV 60: 186.2%

Data Summary

Data Points: 443
Last Updated:
Date Range: 2025-01-03T00:00:00 – 2026-10-09T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All RIOX news →

RIOX Options Activity & IV Rank

RIOX IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 189.5%
7-DTE IV: 200.0%
Expected Move: $3.15
7-DTE Move: $3.15
Days to Exp: 18 (2026-03-20)

Options Flow

Call Volume: 89
Put Volume: 43
P/C Volume: 0.483
BULLISH
Call OI: 202
Put OI: 58
P/C OI: 0.287
Total OI: 260

ATM Options Pricing

ATM Call: $1.43
ATM Put: $1.73
Call %: 16.0%
Put %: 19.4%

Chain Summary

Chain Volume: 448
Chain OI: 3,281
Last Updated: 3/2/2026
Spread Scanner GPU
Full Algorithm Docs ↗

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.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 33rd 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.

Gamma percentile
33%
vs own history
GEX tilt
+0.19
OI-weighted, today
Vanna tilt
-0.13
δ-sensitivity to IV
Charm tilt
-0.51
δ-decay vs time
Charm tilt -0.51: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

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.

· 6 ATM contracts, 0k total OI
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)41.0MediumMar 2
IV Rank (30 DTE)55.4MediumMar 2
Straddle Price (30 DTE)$3.15Mar 2
Beta Analysis

Risk Metrics

Beta: 7.5998
Alpha: -168.56%
Correlation: 0.5459
R-Squared: 29.8%
Stock Volatility: 181.5%
Market Volatility: 13.0%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

RIOX Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional 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.

8 filers59,842 shares$3.53M value
# Filer Shares Value % of Total % of Float Period
1 Goldman Sachs Group Inc Custodian 25,202 $1.49M 42.11% — 2026-06-30
2 Jane Street Group, LLC Custodian 14,624 $862.52K 24.44% — 2026-06-30
3 GTS SECURITIES LLC 7,239 $426.96K 12.10% — 2026-06-30
4 IMC-Chicago, LLC Custodian 5,439 $320.79K 9.09% — 2026-06-30
5 Susquehanna International Group, LLP Custodian 4,530 $267.18K 7.57% — 2026-06-30
6 Optiver Holding B.V. 2,642 $155.82K 4.42% — 2026-06-30
7 GROUP ONE TRADING LLC Custodian 160 $9.44K 0.27% — 2026-06-30
8 Tower Research Capital LLC (TRC) Custodian 6 $354 0.01% — 2026-06-30
2 filers$449.55K notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $235.92K 52.48% 2026-06-30
2 Citadel Advisors LLC Custodian $213.63K 47.52% 2026-06-30
2 filers$4.17M notional
# Filer Notional Value % of Total Period
1 Jane Street Group, LLC Custodian $3.85M 92.36% 2026-06-30
2 Susquehanna International Group, LLP Custodian $318.49K 7.64% 2026-06-30
Constituent Performance

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