NUG - Leverage Shares 2X Long NU Daily ETF
NUG is an exchange-traded fund designed to provide leveraged exposure to the daily performance of Nu Holdings (NYSE: NU) stock. Its primary goal is to generate returns equivalent to 200% of NU's daily price movements, essentially doubling a bullish bet on the stock. This 2x daily leverage is maintained primarily through swap agreements and daily rebalancing, where the fund adjusts its holdings in response to NU's price fluctuations.
As of Aug 14, 2026: spot at $11.13, ATM IV 76.1%, net GEX $36.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $238,228
- Beta
- 0.41
- 52-Week Range
- 6.4-20.43
- IPO Date
- Jan 27, 2016
- Exchange
- NASDAQ
What NUG Looks Like to Options Traders Today
IV rank of 8.0% 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 ($36) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.007) is roughly flat across the wings.
What This Page Covers
The NUG 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 NUG overview questions
- What is NUG?
- NUG is the ticker symbol for Leverage Shares 2X Long NU Daily ETF, an listed exchange-traded fund. NUG is an exchange-traded fund designed to provide leveraged exposure to the daily performance of Nu Holdings (NYSE: NU) stock. Its primary goal is to generate returns equivalent to 200% of NU's daily price movements, essentially doubling a bullish bet on the stock. Listed on NASDAQ. NUG 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 NUG options snapshot look like today?
- As of Aug 14, 2026, the NUG options snapshot shows spot at $11.13, ATM IV 76.1%, IV rank 8.0%, net GEX $36, expected move 21.82%. 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 NUG's key statistics?
- Leverage Shares 2X Long NU Daily ETF (NUG) carries a market capitalization of $238,228, 52-week range of 6.4-20.43. 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 NUG belong to?
- Leverage Shares 2X Long NU Daily 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 NUG'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 NUG data on this page?
- The options snapshot above is dated Aug 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.