GraniteShares 2x Long AAPL Daily ETF (AAPB)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
31.07 USD
+0.56
(1.852%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 11:42 p.m. EDT
A 2x leveraged long ETF on a bullish asset is currently where retail money is flowing, creating a short-term technical divergence against the bearish statistical forecast. Despite the model predicting a drop, the options data shows 65% of speculative activity on leverage-seeking call flow. However, the long-term outlook remains dangerous due to the compounding drag of leverage on volatility (6.16% annualized vol on the underlying creates ~20%+ negative drag annually on the 2x fund) and the unsustainable nature of the 5.21% dividend payout on a leveraged ETF. This is a momentum play for a trend continuation; if AAPL gaps down, this ETF will bleed capital at an accelerated rate. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.053351 |
| AutoETS | 0.053410 |
| MSTL | 0.054091 |
| AutoTheta | 0.056807 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.39 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.326 |
| Excess Kurtosis | -0.84 |
As of April 18, 2026, 11:42 p.m. EDT: Options flow is heavily skewed bullish via call positioning. In May expirations, significant volume/flow is concentrated at ATPM+ (Strikes 32-34) with large OI at 30 ($300) and 32 (150 vol), suggesting a speculative bet on upside or hedging a long physical position. Put activity is sparse and concentrated deep out-of-the-money (OTM) strikes (20-22), indicating a lack of downside conviction among sellers. The implied volatility gap favors calls (ATM IV ~0.6) compared to deep OTM puts (IV ~1.33), further signaling that the market is pricing a wider range of upside moves than downside dislocation. The short-term forecast model predicts a -4% move, but the options data suggests retail/speculative flow is not aligning with that bearish statistical prediction, likely due to recent price strength relative to moving averages.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 4.34% | 4.34% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-29 | 1.409 | 4.340459 |
| 2023-12-27 | 4.306 | 19.415691 |
| Attribute | Value |
|---|---|
| All Time High | 37.89 |
| All Time Low | 14.25 |
| Ask | 39.2 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 159,650 |
| Average Daily Volume3 Month | 167,629 |
| Average Volume | 167,629 |
| Average Volume10Days | 159,650 |
| Beta3 Year | 1.6 |
| Bid | 22.43 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 31.4 |
| Day Low | 30.43 |
| Dividend Yield | 5.21 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 28.71196 |
| Fifty Day Average Change | 2.3579407 |
| Fifty Day Average Change Percent | 0.08212399 |
| Fifty Two Week Change Percent | 58.117043 |
| Fifty Two Week High | 37.89 |
| Fifty Two Week High Change | -6.820099 |
| Fifty Two Week High Change Percent | -0.17999734 |
| Fifty Two Week Low | 18.2 |
| Fifty Two Week Low Change | 12.8699 |
| Fifty Two Week Low Change Percent | 0.70713735 |
| Fifty Two Week Range | 18.2 - 37.89 |
| First Trade Date Milliseconds | 1,660,138,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,659,916,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock as well as directly purchasing the underlying stock. The fund will aim to primarily obtain its notional exposure against the underlying stock through swap agreements. It is non-diversified. |
| Long Name | GraniteShares 2x Long AAPL Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1780713212 |
| Nav Price | 30.5 |
| Net Assets | 15,968,953.0 |
| Net Expense Ratio | 1.15 |
| Open | 30.43 |
| Pre Market Change | -0.25499916 |
| Pre Market Change Percent | -0.8219151 |
| Pre Market Price | 30.77 |
| Pre Market Time | 1,776,758,461 |
| Previous Close | 30.505 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.56490135 |
| Regular Market Change Percent | 1.8518322 |
| Regular Market Day High | 31.4 |
| Regular Market Day Low | 30.43 |
| Regular Market Day Range | 30.43 - 31.4 |
| Regular Market Open | 30.43 |
| Regular Market Previous Close | 30.505 |
| Regular Market Price | 31.0699 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 109,154 |
| Short Name | GraniteShares 2x Long AAPL Dail |
| Source Interval | 15 |
| Symbol | AAPB |
| Three Year Average Return | 0.18606341 |
| Total Assets | 15,968,953 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -15.37981 |
| Trailing Three Month Returns | -15.37981 |
| Triggerable | 1 |
| Two Hundred Day Average | 28.7068 |
| Two Hundred Day Average Change | 2.3631 |
| Two Hundred Day Average Change Percent | 0.08231848 |
| Type Disp | ETF |
| Volume | 109,154 |
| Yield | 0.0521 |
| Ytd Return | -15.37981 |