NIOG - Themes ETF Trust - Leverage Shares 2x Long NIO Daily ETF
NIOG is designed for making bullish bets on the stock price of NIO, Inc. , through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets.
As of Sep 30, 2026: spot at $5.56, ATM IV 150.2%, max pain $7.00, net GEX -$292.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $2.9M
- Beta
- -1.81
- 52-Week Range
- 5.395-26.76
- IPO Date
- Dec 18, 2025
- Exchange
- NASDAQ
What NIOG Looks Like to Options Traders Today
IV rank of 24.1% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); negative net gamma exposure (-$292) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (-0.037) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The NIOG 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 NIOG overview questions
- What is NIOG?
- NIOG is the ticker symbol for Themes ETF Trust - Leverage Shares 2x Long NIO Daily ETF, an listed exchange-traded fund. NIOG is designed for making bullish bets on the stock price of NIO, Inc. , through swap agreements. Listed on NASDAQ. NIOG 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 NIOG options snapshot look like today?
- As of Sep 30, 2026, the NIOG options snapshot shows spot at $5.56, ATM IV 150.2%, IV rank 24.1%, max pain $7.00, net GEX -$292, expected move 43.06%. 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 NIOG's key statistics?
- Themes ETF Trust - Leverage Shares 2x Long NIO Daily ETF (NIOG) carries a market capitalization of $2.9M, 52-week range of 5.395-26.76. 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 NIOG belong to?
- Themes ETF Trust - Leverage Shares 2x Long NIO 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 NIOG'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 NIOG data on this page?
- The options snapshot above is dated Sep 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.