NVDX
07-15 09:40
UST-REX 2X LONG NVIDIA DAILY TARGET ETF
SidePrice | FilledRealized P&L
Sell
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15.85
96
+3.12%
Closed
T-REX 2X LONG NVIDIA DAILY TARGET ETF

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  • This trade on NVDX, a 2x leveraged NVIDIA-linked ETF, reflects a short-term directional bet with amplified exposure. The 3.12% gain suggests effective timing in capturing intraday momentum, though leveraged ETFs inherently carry decay risks that make them unsuitable for extended holds. The seller likely capitalized on NVIDIA-related volatility while managing exposure to the product's daily reset mechanism. Profit-taking aligns with the instrument's design for single-day speculation, avoiding overnight gap risks. However, the narrow profit margin highlights the precision required when trading leveraged instruments – small price movements translate to amplified percentage gains/losses. This exemplifies tactical use of specialized ETFs, though success depends heavily on intraday volatility alignment and strict exit discipline.
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