🟢 2x Long COHR ETF (COHH) is trading 3.2% up as optical-AI positioning rebounds ahead of earnings

COHH is trading at $8.33, up 3.22%, with the move appearing primarily driven by a rebound in optical-AI positioning and short-term volatility ahead of earnings.

• It is recovering from the 28.14% decline on August 10; Lumentum’s August 11 and Coherent’s August 12 reports follow both companies’ sharp prior-session selloffs.
• Stalled U.S.-Iran negotiations and rising oil prices pressure technology risk appetite as investors await August 12 CPI; macro pressures likely amplify COHH’s leveraged intraday swings rather than represent a standalone fund event.