T-REX 2X Long NVIDIA Daily Target ETF (NVDX) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

T-REX 2X Long NVIDIA Daily Target ETF (NVDX) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $503.0M, listed on CBOE, carrying a beta of 4.20 to the broader market. The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to NVDA equal to at least 80% of its net assets. public since 2023-10-19.

Snapshot as of May 15, 2026.

Spot Price
$22.71
Total OI
69.6K
Total Volume
5.2K
Front Expiration
28 days
Second Expiration
34 days
ATM IV
95.5%
Avg Bid/Ask Spread
35.92%

As of May 15, 2026, T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has 69.6K open contracts and 5.2K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 95.5%. Average bid/ask spread across the chain is 35.92%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How NVDX options chain Data Feeds Strategy Selection

Strategy selection on T-REX 2X Long NVIDIA Daily Target ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 95.5% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

Frequently asked NVDX options chain questions

What does the NVDX options chain show right now?
As of May 15, 2026, T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has 69.6K contracts outstanding and 5.2K traded today, with ATM IV of 95.5%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for NVDX options?
The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are NVDX options bid/ask spreads?
Average bid/ask spread across the chain is 35.92%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.