2x Long CRWV Daily ETF (NASDAQ:CRWG – Get Free Report) saw unusually large options trading on Friday. Stock investors bought 2,242 call options on the company. This is an increase of approximately 86% compared to the average daily volume of 1,203 call options.
2x Long CRWV Daily ETF Trading Down 23.9%
2x Long CRWV Daily ETF stock opened at $8.36 on Friday. 2x Long CRWV Daily ETF has a fifty-two week low of $7.90 and a fifty-two week high of $138.80.
The 2x Long CRWV Daily ETF (NASDAQ:CRWG) is an exchange-traded fund designed to provide approximately twice the daily performance of CoreWeave, Inc (NASDAQ:CRWV), before fees and expenses. CoreWeave is a cloud infrastructure provider focused on graphics processing unit (GPU)-accelerated computing, artificial intelligence, machine learning, and other demanding workloads.
Rather than investing primarily in CoreWeave shares for long-term ownership, the fund generally seeks its investment objective through derivatives and other financial instruments that provide leveraged exposure to the underlying stock.
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