NVDS - Tradr 1.5X Short NVDA Daily ETF
This actively managed Exchange Traded Fund (ETF) aims to deliver, on a daily basis and prior to any charges or expenses, a return that is negative 125% of NVIDIA (NVDA) stock's daily performance. Its primary method for achieving this objective is through entering into one or more daily swap contracts linked to NVDA. It is paramount to note that this performance target is strictly for a single trading day and is not intended to apply to any periods exceeding one day.
As of Jun 30, 2026: spot at $22.93, ATM IV 56.2%, max pain $19.00, net GEX $21.7K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $28.9M
- Beta
- -2.22
- 52-Week Range
- 18.291-46.02
- Dividend Yield
- $3.97
- IPO Date
- Jul 14, 2022
- Exchange
- NASDAQ
What NVDS Looks Like to Options Traders Today
IV rank of 31.5% 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 ($21.7K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.022) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
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. This actively managed Exchange Traded Fund (ETF) aims to deliver, on a daily basis and prior to any charges or expenses, a return that is negative 125% of NVIDIA (NVDA) stock's daily performance. Its primary method for achieving this objective is through entering into one or more daily swap contracts linked to 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 Jun 30, 2026, the NVDS options snapshot shows spot at $22.93, ATM IV 56.2%, IV rank 31.5%, max pain $19.00, net GEX $21.7K, expected move 16.11%. 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 $28.9M, 52-week range of 18.291-46.02. 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 Jun 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.