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Defiance Daily Target 2X Long SMCI ETF (NASDAQ: SMCX - Get Free Report) was the target of unusually large options trading on Monday. Stock investors purchased 2,830 call options on the stock. This is an increase of 46% compared to the typical daily volume of 1,945 call options. Defiance Daily Target 2X Long SMCI ETF Price

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Leveraged ETFs posted huge gains last week despite a weak market, driven by rallies in crypto, AI infrastructure, defense and energy-related stocks.

The Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) surged nearly 50% Wednesday, delivering roughly twice the gains of its underlying stock as traders piled into Super Micro Computer Inc. (NASDAQ:SMCI) following a blockbuster preliminary fourth-quarter update.

If you put $10,000 into the Defiance Daily Target 2X Long SMCX ETF (NASDAQ:SMCX) on the morning of May 8, 2026, you were sitting on about $14,100 a month later.