HONG - Themes ETF Trust - Leverage Shares 2X Long HON Daily ETF
HONG is designedfor makingbullishbets on the stock price ofHoneywell International Inc. (Nasdaq: HON), through swap agreements. Theobjectiveis to obtain daily leveraged exposure equivalent to 200% of the fund's net assets.
As of Oct 14, 2026: spot at $12.09, ATM IV 99.8%, net GEX $281.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $507,182
- Beta
- -4.76
- 52-Week Range
- 11-17.94
- IPO Date
- May 13, 2026
- Exchange
- CBOE
What HONG Looks Like to Options Traders Today
positive net gamma exposure ($281) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.041) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The HONG 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.
HONG fund facts: expense ratio 0.75%, assets under management $505.2K, NAV $12.63 as of the data source's update on Oct 8, 2026, 5 holdings in its latest file, launched May 12, 2026, issued by LeverageShares. See the HONG holdings.
Frequently asked HONG overview questions
- What is HONG?
- HONG is the ticker symbol for Themes ETF Trust - Leverage Shares 2X Long HON Daily ETF, an listed exchange-traded fund. HONG is designedfor makingbullishbets on the stock price ofHoneywell International Inc. (Nasdaq: HON), through swap agreements. Listed on CBOE. HONG 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 HONG options snapshot look like today?
- As of Oct 14, 2026, the HONG options snapshot shows spot at $12.09, ATM IV 99.8%, net GEX $281, expected move 28.61%. 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 HONG's key statistics?
- Themes ETF Trust - Leverage Shares 2X Long HON Daily ETF (HONG) carries a market capitalization of $507,182, 52-week range of 11-17.94. 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 HONG belong to?
- Themes ETF Trust - Leverage Shares 2X Long HON Daily 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 HONG'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 HONG data on this page?
- The options snapshot above is dated Oct 14, 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.