AVGX - Daily Target 2X Long AVGO ETF
The Defiance Daily Target 2X Long AVGO ETF (AVGX) is engineered to provide magnified daily investment outcomes. Specifically, it aims to mirror, at a two-hundred percent (200%) rate, the daily percentage movements in the stock price of Broadcom Inc. (NASDAQ: AVGO), referred to as the "Underlying Security" or "AVGO".
As of Jun 30, 2026: spot at $47.10, ATM IV 94.2%, max pain $52.00, net GEX -$20.6K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $97.8M
- Beta
- 3.79
- 52-Week Range
- 30.84-84.8
- Dividend Yield
- $0.78
- IPO Date
- Aug 22, 2024
- Exchange
- NASDAQ
What AVGX Looks Like to Options Traders Today
IV rank of 33.1% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$20.6K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.100) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The AVGX overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked AVGX overview questions
- What is AVGX?
- AVGX is the ticker symbol for Daily Target 2X Long AVGO ETF, an listed exchange-traded fund. The Defiance Daily Target 2X Long AVGO ETF (AVGX) is engineered to provide magnified daily investment outcomes. Specifically, it aims to mirror, at a two-hundred percent (200%) rate, the daily percentage movements in the stock price of Broadcom Inc. Listed on NASDAQ. AVGX is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the AVGX options snapshot look like today?
- As of Jun 30, 2026, the AVGX options snapshot shows spot at $47.10, ATM IV 94.2%, IV rank 33.1%, max pain $52.00, net GEX -$20.6K, expected move 27.01%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are AVGX's key statistics?
- Daily Target 2X Long AVGO ETF (AVGX) carries a market capitalization of $97.8M, 52-week range of 30.84-84.8. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does AVGX belong to?
- Daily Target 2X Long AVGO ETF operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare AVGX's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the AVGX data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.