OKLL - Daily Target 2X Long OKLO ETF
The Defiance Daily Target 2X Long OKLO ETF (the “Fund”) seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of Oklo Inc. (NYSE: OKLO). Because the Fund seeks daily leveraged investment results, it is very different from most other exchange-traded funds and there is no guarantee that the Fund will meet its stated objective.
As of May 15, 2026: spot at $7.94, ATM IV 173.9%, max pain $9.00, net GEX -$27.5K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $13.6M
- Beta
- 0.00
- 52-Week Range
- 4.9-169.957
- IPO Date
- Jun 24, 2025
- Exchange
- NASDAQ
What OKLL Looks Like to Options Traders Today
negative net gamma exposure (-$27.5K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (-0.224) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The OKLL 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 OKLL overview questions
- What is OKLL?
- OKLL is the ticker symbol for Daily Target 2X Long OKLO ETF, an listed exchange-traded fund. The Defiance Daily Target 2X Long OKLO ETF (the “Fund”) seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of Oklo Inc. (NYSE: OKLO). Listed on NASDAQ. OKLL 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 OKLL options snapshot look like today?
- As of May 15, 2026, the OKLL options snapshot shows spot at $7.94, ATM IV 173.9%, max pain $9.00, net GEX -$27.5K, expected move 49.86%. 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 OKLL's key statistics?
- Daily Target 2X Long OKLO ETF (OKLL) carries a market capitalization of $13.6M, 52-week range of 4.9-169.957. 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 OKLL belong to?
- Daily Target 2X Long OKLO 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 OKLL'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 OKLL 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.