AAOG is trading at $1.36, up +3.03%, in an apparent rebound from steep recent losses. - AAOG provides 2x daily exposure to Applied Optoelectronics, magnifying moves in the underlying stock. - Hotter-than-expected September CPI revived rate-hike concerns and pressured technology and AI-related shares; no specific late-breaking AAOG or AAOI catalyst was verified.