NVDX - T-REX 2X Long NVIDIA Daily Target ETF

Under typical market conditions, this fund primarily allocates at least 80% of its net assets to swap agreements. These agreements are structured to deliver two times (200%) the daily return of NVIDIA (NVDA) stock. The fund enters into these derivative contracts with major global financial institutions.

As of Jun 30, 2026: spot at $16.86, ATM IV 73.8%, max pain $18.00, net GEX $165.0K.

Sector
Financial Services
Industry
Asset Management - Leveraged
Market Cap
$339.5M
Beta
4.10
52-Week Range
12.41-24.72
Dividend Yield
$0.57
IPO Date
Oct 19, 2023
Exchange
CBOE

What NVDX Looks Like to Options Traders Today

IV rank of 36.4% 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 ($165.0K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.008) is roughly flat across the wings.

What This Page Covers

The NVDX 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 NVDX overview questions

What is NVDX?
NVDX is the ticker symbol for T-REX 2X Long NVIDIA Daily Target ETF, an listed exchange-traded fund. Under typical market conditions, this fund primarily allocates at least 80% of its net assets to swap agreements. These agreements are structured to deliver two times (200%) the daily return of NVIDIA (NVDA) stock. Listed on CBOE. NVDX 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 NVDX options snapshot look like today?
As of Jun 30, 2026, the NVDX options snapshot shows spot at $16.86, ATM IV 73.8%, IV rank 36.4%, max pain $18.00, net GEX $165.0K, expected move 21.17%. 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 NVDX's key statistics?
T-REX 2X Long NVIDIA Daily Target ETF (NVDX) carries a market capitalization of $339.5M, 52-week range of 12.41-24.72. 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 NVDX belong to?
T-REX 2X Long NVIDIA Daily Target 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 NVDX'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 NVDX 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.