NVDS - Tradr 1.5X Short NVDA Daily ETF
Under normal market circumstances, the adviser will maintain at least 80% exposure to financial instruments that provide one and a quarter times inverse leveraged exposure to the daily performance of NVDA. The fund is an actively-managed ETF that seeks to achieve on a daily basis, before fees and expenses, -125% performance of NVDA for a single day, not for any other period, by entering into one or more swap agreements on NVDA. It is non-diversified.
As of May 15, 2026: spot at $19.41, ATM IV 70.8%, max pain $16.00, net GEX $11.6K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $22.3M
- Beta
- -2.17
- 52-Week Range
- 19.4-58.95
- Dividend Yield
- $3.97
- IPO Date
- Jul 14, 2022
- Exchange
- NASDAQ
What NVDS Looks Like to Options Traders Today
IV rank of 48.2% 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 ($11.6K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.035) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The NVDS 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 NVDS overview questions
- What is NVDS?
- NVDS is the ticker symbol for Tradr 1.5X Short NVDA Daily ETF, an listed exchange-traded fund. Under normal market circumstances, the adviser will maintain at least 80% exposure to financial instruments that provide one and a quarter times inverse leveraged exposure to the daily performance of NVDA. The fund is an actively-managed ETF that seeks to achieve on a daily basis, before fees and expenses, -125% performance of NVDA for a single day, not for any other period, by entering into one or more swap agreements on NVDA. Listed on NASDAQ. NVDS 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 NVDS options snapshot look like today?
- As of May 15, 2026, the NVDS options snapshot shows spot at $19.41, ATM IV 70.8%, IV rank 48.2%, max pain $16.00, net GEX $11.6K, expected move 20.30%. 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 NVDS's key statistics?
- Tradr 1.5X Short NVDA Daily ETF (NVDS) carries a market capitalization of $22.3M, 52-week range of 19.4-58.95. 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 NVDS belong to?
- Tradr 1.5X Short NVDA 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 NVDS'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 NVDS 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.