Key Highlights

  • BEX fell 22.08% to $16.55 and BEZ rose 21.82% to $8.82 on Friday, October 23, 2026, as screened.
  • TTMX rose 12.15% to $2.82, implying TTM Technologies gained about 6.1% after record third-quarter sales of $1.2039 billion (calculated).
  • Four optical short funds, AXTQ, LITZ, COHQ and AAOZ, fell between 5.60% and 8.25% after gaining at least 23% on October 22.
  • SPCG fell 5.36% as SpaceX rebounded after a 9.14% drop.
  • APLZ gained 4.81%, implying Applied Digital fell about 2.4% (calculated).

Which Tradr 2X ETFs Moved the Most on October 23?

Nine Tradr 2X funds moved between 4.81% and 22.08% as screened on Friday, October 23, 2026. Tradr 2X Short BE Daily ETF (CBOE:BEZ) rose 21.82% and Tradr 2X Long BE Daily ETF (CBOE:BEX) fell 22.08% after Bloom Energy (NYSE:BE) reported negative operating cash flow beside a revenue beat. Tradr 2X Long TTMI Daily ETF (CBOE:TTMX) rose 12.15% after record results at TTM Technologies (NASDAQ:TTMI). Four short funds on optical names gave back Thursday's gains: Tradr 2X Short AXTI Daily ETF (CBOE:AXTQ) fell 8.25% on a rebound in AXT (NASDAQ:AXTI), Tradr 2X Short LITE Daily ETF (CBOE:LITZ) 7.72% on Lumentum (NASDAQ:LITE), Tradr 2X Short COHR Daily ETF (CBOE:COHQ) 6.83% on Coherent (NYSE:COHR) and Tradr 2X Short AAOI Daily ETF (CBOE:AAOZ) 5.60% on Applied Optoelectronics (NASDAQ:AAOI). Tradr 2X Short SpaceX Daily ETF (CBOE:SPCG) fell 5.36% as a rebound in SpaceX (NASDAQ:SPCX) followed a 9.14% drop, and Tradr 2X Short APLD Daily ETF (CBOE:APLZ) rose 4.81% on Applied Digital (NASDAQ:APLD).

Each fund resets daily, so the figures describe one session. This article is informational only.

Tradr 2X Short BE Daily ETF: Why Did It Surge 22% as Bloom Energy Slid?

BEZ gained 21.82% to $8.82, implying Bloom Energy fell about 10.9% (calculated). It began trading on February 10, 2026 and charges 1.49%. Third-quarter revenue rose 138.1% to $1,235.8 million and non-GAAP EPS of $0.94 beat the $0.68 estimate, yet operating cash flow was negative $27.1 million. The company raised 2026 revenue guidance to $4.4 billion to $4.6 billion.

Tradr 2X Long BE Daily ETF: Why Did the Long Fund Lose 22%?

BEX fell 22.08% to $16.55, implying a Bloom Energy drop near 11.0% (calculated). Its 1.30% expense ratio is the lowest of the Tradr funds here. It began trading on November 12, 2025, and a 22.08% loss needs about a 28.3% gain to recover (calculated).

Tradr 2X Long TTMI Daily ETF: Why Is It Up 12% After a Record Quarter?

TTMX rose 12.15% to $2.82, implying TTM gained about 6.1% (calculated). TTM reported third-quarter sales up 60% and adjusted EPS of $1.46 against $1.26 expected on October 22, and guided fourth-quarter sales to $1.42 billion to $1.44 billion. The fund launched on June 30, 2026, has about $1.04 million in assets and is about 69% below its $9.14 close on August 27 (calculated).

Tradr 2X Short AXTI Daily ETF: Why Is It Down 8% After a 25% Jump?

AXTQ closed at $42.15 on October 22, up 24.85%, then fell 8.25% to $38.67. That implies AXT dropped about 12.4% and gained about 4.1% (calculated). AXT makes indium phosphide substrates and reported second-quarter revenue of $47.6 million. AXTQ launched on August 17, 2026 and held about $7.56 million.

Tradr 2X Short LITE Daily ETF: Is Lumentum's Rebound Undoing a 24% Gain?

LITZ rose 23.66% to $34.60 on October 22 and fell 7.72% to $31.93, implying Lumentum slid about 11.8% and gained about 3.9% (calculated). Lumentum reported fiscal fourth-quarter revenue of $1.006 billion, up 109%, and LITZ launched on April 22, 2026 with about $18.95 million in assets.

Tradr 2X Short COHR Daily ETF: Is Coherent Recovering From a Sharp Drop?

COHQ rose 25.81% to $47.87 on October 22 and fell 6.83% to $44.60, implying Coherent dropped about 12.9% and gained about 3.4% (calculated). Fiscal fourth-quarter data center and communications revenue was $1.615 billion, up 59% pro forma. COHQ launched on August 17, 2026 and held about $1.6 million.

Tradr 2X Short AAOI Daily ETF: What Is Behind Applied Optoelectronics' Whipsaw?

AAOZ fell 5.60% to $21.92, implying AAOI gained about 2.8% (calculated), after a Thursday rise of about 24.6% from $18.63 (calculated). AAOI reported second-quarter revenue up 86.4% to $191.92 million and guided the third quarter to $255 million to $290 million. In late August it filed for a $600 million at-the-market equity offering. AAOZ launched on July 14, 2026.

Tradr 2X Short SpaceX Daily ETF: Why Is It Down 5% as SpaceX Rebounds?

SPCG fell 5.36% to $14.13, implying a SpaceX gain near 2.68% (calculated); SpaceX was up about 2.03% at $147.69. SpaceX guided fourth-quarter capex to $35 billion to $40 billion from $19.6 billion and has a $63 billion backlog. SPCG launched on June 12, 2026, the day SpaceX shares began trading. Starship Flight 15 is expected in November.

Tradr 2X Short APLD Daily ETF: Why Did an Inverse Fund Gain 5% on a Modest Move?

APLZ rose 4.81% to $34.40, implying Applied Digital fell about 2.4% (calculated), with no company announcement tied to Friday. Fiscal first-quarter revenue rose 322% to $341.9 million on October 7, while debt was $6.4 billion against $3.7 billion of cash. Its price reflects a 1-for-5 reverse split effective June 3, 2026.

Tradr 2X ETFs Compared: How Did the Optical Shorts and Other Funds Stack Up?

The four optical shorts show a pattern (calculated). Thursday's implied drops were 12.4% for AXT, 11.8% for Lumentum, 12.9% for Coherent and about 12% for AAOI, followed by Friday rebounds of 4.1%, 3.9%, 3.4% and 2.8%. Two-day fund gains were 14.6% for AXTQ, 14.1% for LITZ, 17.2% for COHQ and 17.6% for AAOZ, each short of twice the inverse two-day stock move by 3.0, 2.8, 2.6 and 2.0 points.

Across all nine, the implied underlying moves range from 2.4% for Applied Digital to 11.0% for Bloom Energy (calculated). Eight of the funds charge 1.49% and only BEX charges less, at 1.30%. Net assets differ widely, from about $1.04 million for TTMX to $18.95 million for LITZ.

What to Watch Next: Which Dates Could Move the Underlying Stocks?

Optical peers including Lumentum, Coherent and AXT report in early November. Bloom Energy's quarterly filing and year-end deliveries, TTM's fourth-quarter report and expected closing of the Ophir Optics deal, SpaceX's Starship Flight 15 in November and Applied Digital's year-end power targets follow. The Federal Reserve meets on October 27 and 28. These funds reset daily, can lose value quickly and are built for short periods.