Tradr 2X Long USAR Daily ETF

USAXCBOE · USD
9.19USD-0.79 (-7.92%)

Tradr 2X Long USAR Daily ETF (USAX) Options Open Interest

USAX options open interest is 862 contracts. The 2-week average daily volume is 59 contracts across the chain.

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Monitoring USAX open interest helps you see where real money is positioned on Tradr 2X Long USAR Daily ETF's options and which strikes are attracting the most commitment from traders. Tradr 2X Long USAR Daily ETF's open interest reflects the total number of outstanding contracts that have not been closed or exercised, making it a powerful gauge of liquidity, conviction, and potential support and resistance zones. Use our scanner to monitor USAX options open interest in real time and find the strikes that matter.

Open interest is distinct from volume: volume counts how many contracts are traded in a session, while open interest counts how many remain open at the end of the day. Rising USAX options open interest alongside rising volume suggests new positions are being built, while falling open interest signals positions are being closed. Heavy open interest at specific strikes often acts as a magnet near expiration and can hint at where dealers and large traders expect Tradr 2X Long USAR Daily ETF to settle.

USAX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of USA Rare Earth, Inc. (USAR), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror USARs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold USAR stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction.

Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending, and holders are on the positive corresponding side of that trade. The remaining cash is invested in collaterals such as US Treasuries, money market funds, or short-term corporate debt.

Pin risk into expiration, dealer positioning, liquidity checks for large orders — all of it starts with knowing where USAX open interest is concentrated. Our scanner maps Tradr 2X Long USAR Daily ETF's open interest across every strike and expiry, flags unusual buildups, and lets you drill into the contracts that institutional money is actually holding. Trade Tradr 2X Long USAR Daily ETF's options open interest as the signal it is, not as an afterthought.

2026-10-16
Calls
14.000.850.85194%+0.3330240
12.000.401.050.73137%+0.3647149
9.001.352.451.90140%+0.682893
11.000.651.401.03139%+0.463660
8.001.953.102.53142%+0.787955
Puts
9.000.801.451.13165%-0.322025
7.000.750.75224%-0.180917
8.000.101.050.58149%-0.217914
10.001.101.951.53152%-0.42282
5.000.550.55309%-0.10111

As of September 22, 2026

Follow the money

Track USAX open interest across every strike and expiration, identify where conviction is building, and trade with the positioning data on your side.

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