Jul. 20 at 9:48 PM
$AAOI now has a 2X inverse ETF,
$AAOZ.
The launch gives investors another way to hedge or short names in cash and retirement accounts instead of relying only on margin.
The bigger question: when leveraged long ETFs often appear near cycle highs, could the arrival of an inverse product signal that sentiment is reaching an extreme?
No clear answer yet.
Technically, AAOI is sitting near the Daily 200MA after last week’s undercut. The stock remains about 60% below its peak despite ongoing AI infrastructure demand and supply bottlenecks.
On the weekly chart, reclaiming the 9 EMA and 21 EMA would be an important step before calling it a sustainable turnaround.
