Traders Purchase Large Volume of Call Options on T-REX 2X Inverse CRWV Daily Target ETF (BATS:CORD)

T-REX 2X Inverse CRWV Daily Target ETF (BATS:CORD) was the target of unusually large options trading activity on Wednesday. Traders acquired 2,668 call options on the company. This represents an increase of 567% compared to the typical volume of 400 call options.

T-REX 2X Inverse CRWV Daily Target ETF Stock Up 13.3%

Shares of BATS CORD opened at $3.67 on Friday. T-REX 2X Inverse CRWV Daily Target ETF has a 1 year low of $1.87 and a 1 year high of $67.54.

T-REX 2X Inverse CRWV Daily Target ETF Company Profile

T-REX 2X Inverse CRWV Daily Target ETF (BATS: CORD) is an exchange-traded fund designed to provide approximately two times the inverse, or opposite, of the daily performance of CoreWeave, Inc. common stock under normal market conditions. The fund is intended for investors seeking short-term bearish exposure to CoreWeave’s share price through a single exchange-traded product. To pursue its objective, the ETF generally uses derivatives, such as swap agreements, rather than directly shorting or holding the underlying company’s stock.