Investors Purchase Large Volume of Leverage Shares 2x Long SpaceX Daily ETF Call Options (BATS:SPCH)

Leverage Shares 2x Long SpaceX Daily ETF (BATS:SPCH) saw unusually large options trading activity on Wednesday. Stock traders purchased 14,368 call options on the stock. This is an increase of 13% compared to the average daily volume of 12,763 call options.

Leverage Shares 2x Long SpaceX Daily ETF Stock Performance

BATS SPCH traded up $1.77 on Wednesday, reaching $11.17. 36,300,461 shares of the stock were exchanged, compared to its average volume of 28,263,836. Leverage Shares 2x Long SpaceX Daily ETF has a one year low of $5.30 and a one year high of $28.01.

Leverage Shares 2x Long SpaceX Daily ETF (BATS:SPCH) is an exchange-traded fund designed to provide leveraged exposure to the daily performance of SpaceX, the privately held aerospace company formally known as Space Exploration Technologies Corp. The fund is sponsored by Leverage Shares, an investment products provider specializing in exchange-traded funds and exchange-traded notes with leveraged or inverse exposure to individual companies and other assets.

SPCH seeks to deliver approximately twice the daily return of its reference exposure to SpaceX, before fees and expenses.