ONG - Leverage Shares 2X Long ON Daily ETF

ONG is designed to make bullish bets on the stock price of ON Semiconductor Corporation (Nasdaq: ON) through derivatives investments such as swap agreements. ON develops and manufactures semiconductor components and integrated solutions designed to improve energy efficiency, electrification, safety, and automation across multiple industries. Its products include power management devices, analog components, sensors, and connectivity solutions.

Sector
Financial Services
Industry
Asset Management
Market Cap
$107,400
Beta
0.00
52-Week Range
6.4-18.42
IPO Date
Jun 2, 2026
Exchange
CBOE

ONG Options Snapshot

Options pricing data for ONG is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The ONG 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 ONG overview questions

What is ONG?
ONG is the ticker symbol for Leverage Shares 2X Long ON Daily ETF, an listed exchange-traded fund. ONG is designed to make bullish bets on the stock price of ON Semiconductor Corporation (Nasdaq: ON) through derivatives investments such as swap agreements. ON develops and manufactures semiconductor components and integrated solutions designed to improve energy efficiency, electrification, safety, and automation across multiple industries. Listed on CBOE. ONG 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 are ONG's key statistics?
Leverage Shares 2X Long ON Daily ETF (ONG) carries a market capitalization of $107,400, 52-week range of 6.4-18.42. 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 ONG belong to?
Leverage Shares 2X Long ON Daily ETF operates in the Financial Services sector, in the Asset Management 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 ONG'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 ONG data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for ONG, it usually reflects low options liquidity or a recently listed name. 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.