---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42405661.md"
description: "$AAOI 2X Long ETF(AAOX.US) I do day trading every day without holding overnight. Today was the first time I encountered such a one-sided, ruthless waterfall crash. I bought a 2x position in Samsung during the day for a -26% loss, and traded AAOX at night for a -40% drop. I was a bit carried away today, but it's just a bit of hardship. I've seen it drop from 103 to 17 in just over a month. This rally really seems to have ended after June 2nd."
datetime: "2026-07-02T21:33:31.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42405661.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42405661.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42405661.md)
author: "[楚瀛](https://longbridge.com/en/profiles/19408050.md)"
---

# $AAOI 2X Long ETF(AAOX.US) I do day trading every …


### Related Stocks

- [AAOX.US](https://longbridge.com/en/quote/AAOX.US.md)
- [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md)
- [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md)

## Comments (7)

- **范小凡 · 2026-07-02T23:03:51.000Z**: aaox I've T'd my cost to 27, should I still hold? 😭
  - **楚瀛** (2026-07-02T23:22:55.000Z): The underlying stock fell 40% in June, and aaox basically fell 85%. It's bound to rebound next week. Losing 40% in one night basically wiped out the profits from aaox this month, and it hasn't rebound
  - **Jerome_V** (2026-07-02T23:29:02.000Z): Caught a falling knife last night, ended up with an average cost of 30, what a genius
  - **楚瀛** (2026-07-02T23:36:47.000Z): It rose a few points pre-market to lure in longs. I didn't get in on the first 5% drop yesterday, waiting for a rebound and volatility. I definitely wouldn't buy if it just kept falling directly, but 
- **云霞 · 2026-07-02T22:04:01.000Z**: Bro, you can't be so short-sighted. You're not new to this game. Being indecisive for two minutes can immediately lead to a five-point loss.
  - **楚瀛** (2026-07-02T22:33:08.000Z): 因为破历史低价了，觉得后半夜能回一半。因为要休市三天，昨天盘前已经空仓了，50% 仓位在隔壁盈立买的 spcx，还有 30% 买的英伟达和核电。aaox 6 月份虽然跌了一个月，但单只盈利还在 100%，这个下周起不来，基本就可以告别了。