AVGX - Daily Target 2X Long AVGO ETF

The Defiance Daily Target 2X Long AVGO ETF (the “Fund”) seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of Broadcom Inc. (NASDAQ: AVGO) (the “Underlying Security” or “AVGO”). AVGX does not invest directly in AVGO.

As of May 15, 2026: spot at $63.77, ATM IV 108.3%, max pain $60.00, net GEX $277.3K.

Sector
Financial Services
Industry
Asset Management
Market Cap
$154.6M
Beta
3.96
52-Week Range
23.661-70.31
Dividend Yield
$0.78
IPO Date
Aug 22, 2024
Exchange
NASDAQ

What AVGX Looks Like to Options Traders Today

IV rank of 54.7% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($277.3K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.092) prices puts richer than calls, the typical equity downside-protection skew.

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 (the “Fund”) seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of Broadcom Inc. (NASDAQ: AVGO) (the “Underlying Security” or “AVGO”). 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 May 15, 2026, the AVGX options snapshot shows spot at $63.77, ATM IV 108.3%, IV rank 54.7%, max pain $60.00, net GEX $277.3K, expected move 31.05%. 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 $154.6M, 52-week range of 23.661-70.31. 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 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 May 15, 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.