AAOG is trading at $3.56, up +3.64%, as its underlying Applied Optoelectronics (AAOI) stock rebounds after steep declines on August 18 and August 19.
- AAOG is designed to deliver 2x the daily performance of AAOI.
- AAOI reached $140.99 and $121.50 on August 20 amid substantial intraday volatility.
- Treasury yields are climbing again; the 30-year yield is 5.217%, pressuring technology valuations and amplifying AAOI-linked volatility.