SPYM Stock Summary and Trading Ideas (Tradr 2X Long Spy Monthly ETF | NASDAQ:SPYM)

The Fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve on a calendar month basis, before fees and expenses, 200% performance of the SPDR S&P 500 ETF Trust for a full calendar month, and not for any other period, by entering into one or more swaps on the SPDR S&P 500 ETF Trust. The Tradr 2X Long SPY Monthly ETF seeks calendar month investment results, before fees and expenses, that correspond to two times (200%) the calendar month performance of the SPDR S&P 500 ETF Trust. The Fund does not seek to achieve its stated investment objective for a period of time different than a full calendar month.

Tradr 2X Long Spy Monthly ETF trades on the NASDAQ stock market under the symbol SPYM.

As of December 13, 2024, SPYM stock price declined to $28.12 with 815 million shares trading.

SPYM has a market cap of $1.83 million. This is considered a Sub-Micro Cap stock.

SPYM support price is $27.86 and resistance is $28.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPYM shares will trade within this expected range on the day.