Tradr 2X Long AAOI Daily ETF (BATS:AAOX) Stock Sees Unusually High Call Option Buying

Tradr 2X Long AAOI Daily ETF (BATS:AAOX – Get Free Report) was the recipient of unusually large options trading on Wednesday. Stock investors bought 6,933 call options on the stock. This is an increase of 84% compared to the typical volume of 3,774 call options.

Tradr 2X Long AAOI Daily ETF Stock Up 37.8%

Shares of BATS:AAOX traded up $0.62 during mid-day trading on Wednesday, hitting $2.28. 26,420,049 shares of the company traded hands, compared to its average volume of 9,699,129. Tradr 2X Long AAOI Daily ETF has a 12-month low of $1.47 and a 12-month high of $103.00.

Tradr 2X Long AAOI Daily ETF Company Profile

(Get Free Report)

Tradr 2X Long AAOI Daily ETF (BATS: AAOX) is an exchange-traded fund designed to deliver, before fees and expenses, approximately twice the daily performance of Applied Optoelectronics, Inc. (AAOI) common stock. It provides investors with leveraged exposure to a single publicly traded company rather than operating a business or selling products and services. The fund seeks its objective through financial instruments such as derivatives and resets its exposure daily. Its performance is intended to reflect AAOI’s returns over a single trading day; over longer periods, compounding can cause returns to differ significantly from twice the stock’s cumulative performance.

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