For the people who trade 2x ETFs … watch out for this launching tomorrow morning
The 2x Long and 1x Short SK Hynix ETFs will begin trading tomorrow morning at 4AM ET
Here are the tickers to watch out for
- $SKHX - 2x Long SK Hynix ETF
- $SKHZ - 1x Short SK Hynix ETF
LUCID $LCID IS DOWN -45.9% AFTER A REPORT THE EV MAKER IS WEIGHING OPTIONS INCLUDING GOING PRIVATE OR CHAPTER 11
Restructuring adviser AlixPartners has reportedly been asked to present findings to Lucid's board before its next meeting, per EV. The report says no decision has been made.
What AlixPartners is reportedly urging:
- Another restructuring round across the US and Europe
- A sharper focus on Gravity SUV production and quality
- A pause on further European expansion
The backdrop that makes a report like this land so hard: Lucid has been burning roughly $1B per quarter, suspended its 2026 production guidance, and recently drew $800M from a Saudi-backed term loan.
Earnings season is BACK!
The market's focus starts with the big banking giants and then shifts to major tech bellwethers later this month.
Save this July earnings calendar for your trades ⬇️
One of the largest and most complete dinosaur skeletons ever discovered
A Tyrannosaurus Rex named Gus just sold for $50.1 million,
This is highest price ever paid for a dinosaur at auction - Bloomberg
For the speculators out there, whether you’re bullish or bearish, there are already 2x long $SKHX and 1x short ETFs $SKHZ available on SK Hynix stock...
🚨NEW ETFS NOW TRADING
$SKHX 2x Long SK Hynix Daily ETF
$SKHZ 1x Short SK Hynix Daily ETF
Both funds track the daily performance of SK Hynix, with $SKHX seeking 2x the daily move and $SKHZ seeking -1x the daily move.
Disclosure: Leverage Shares is a WOLF Financial partner. This post is for informational purposes only, not investment advice. Always read a fund's prospectus.