CPXR - USCF Daily Target 2X Copper Index ETF
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing principally in cash settled copper futures contracts (“Copper Futures Contracts”), and in cash, cash-like instruments or high-quality securities that serve as collateral to the Copper Futures Contracts (“Collateral Investments”). The fund is non-diversified.
As of May 15, 2026: spot at $30.20, ATM IV 62.4%, max pain $20.00, net GEX $33.3K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $767,343
- Beta
- 0.47
- 52-Week Range
- 16.9-34.91
- Dividend Yield
- $0.19
- IPO Date
- Jan 21, 2025
- Exchange
- AMEX
What CPXR Looks Like to Options Traders Today
IV rank of 3.3% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($33.3K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.035) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The CPXR 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 CPXR overview questions
- What is CPXR?
- CPXR is the ticker symbol for USCF Daily Target 2X Copper Index ETF, an listed exchange-traded fund. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing principally in cash settled copper futures contracts (“Copper Futures Contracts”), and in cash, cash-like instruments or high-quality securities that serve as collateral to the Copper Futures Contracts (“Collateral Investments”). The fund is non-diversified. Listed on AMEX. CPXR 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 CPXR options snapshot look like today?
- As of May 15, 2026, the CPXR options snapshot shows spot at $30.20, ATM IV 62.4%, IV rank 3.3%, max pain $20.00, net GEX $33.3K, expected move 17.89%. 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 CPXR's key statistics?
- USCF Daily Target 2X Copper Index ETF (CPXR) carries a market capitalization of $767,343, 52-week range of 16.9-34.91. 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 CPXR belong to?
- USCF Daily Target 2X Copper Index 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 CPXR'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 CPXR 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.