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GraniteShares 2x Long AMD Daily ETF (AMDL)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
47.59 USD -2.26 (-4.534%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 47.68 +0.09 (0.189%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:06 a.m. EDT

The 2x leveraged nature of this instrument creates a severe compounding drag that has erased nearly 16% of its value in just one year, despite the underlying semiconductor sector showing signs of recovery. While the recent price action shows some resilience, the technical setup remains precarious, trading well below its 50-day moving average while volume dries up relative to the average. The options market is screaming caution, with traders aggressively buying protection at lower strikes, which suggests a high probability of further volatility or a drop. Without a confirmed, sustained breakout above key resistance levels, the risk-reward profile remains skewed against the buyer. This is a speculative vehicle for aggressive traders, not a core holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.930765
AutoARIMA0.966606
MSTL1.010642
AutoETS1.069969

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 25%
H-stat 17.09
Ljung-Box p 0.000
Jarque-Bera p 0.307
Excess Kurtosis -0.93

As of Aug. 22, 2026, 4:06 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes significantly below the current price (e.g., $30-$45 range), indicating a fear of a sharp decline. Conversely, call activity is concentrated in out-of-the-money strikes ($60-$110), suggesting a speculative bet on a volatile rebound rather than a steady grind higher. The disparity in implied volatility, with deep puts trading at massive premiums compared to calls, highlights a market pricing in significant downside risk.


Info Dump

Attribute Value
All Time High 83.79
All Time Low 2.77
Ask 66.91
Ask Size 2
Average Daily Volume10 Day 1,893,740
Average Daily Volume3 Month 3,722,471
Average Volume 3,722,471
Average Volume10Days 1,893,740
Beta3 Year 0.0
Bid 39.58
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 50.35
Day Low 47.53
Dividend Yield 0.0
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 60.1072
Fifty Day Average Change -12.5172
Fifty Day Average Change Percent -0.20824793
Fifty Two Week Change Percent 349.81097
Fifty Two Week High 83.79
Fifty Two Week High Change -36.2
Fifty Two Week High Change Percent -0.43203247
Fifty Two Week Low 8.875
Fifty Two Week Low Change 38.715
Fifty Two Week Low Change Percent 4.3622537
Fifty Two Week Range 8.875 - 83.79
First Trade Date Milliseconds 1,710,768,600,000
Full Exchange Name NasdaqGM
Fullday Change -2.26
Fullday Change Percent -4.5336
Fullday Price 47.68
Fund Family Graniteshares
Fund Inception Date 1,710,460,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-03-18
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. The fund is non-diversified.
Long Name GraniteShares 2x Long AMD Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1788294925
Nav Price 49.94
Net Assets 928,514,370.0
Net Expense Ratio 1.07
Open 49.095
Post Market Change 0.09000015
Post Market Change Percent 0.18911567
Post Market Price 47.68
Post Market Time 1,787,961,537
Previous Close 49.85
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -2.26
Regular Market Change Percent -4.5336
Regular Market Day High 50.35
Regular Market Day Low 47.53
Regular Market Day Range 47.53 - 50.35
Regular Market Open 49.095
Regular Market Previous Close 49.85
Regular Market Price 47.59
Regular Market Time 1,787,947,201
Regular Market Volume 1,580,991
Short Name GraniteShares 2x Long AMD Daily
Source Interval 15
Symbol AMDL
Total Assets 928,514,368
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 45.68844
Trailing Three Month Returns 45.68844
Triggerable 1
Two Hundred Day Average 34.212624
Two Hundred Day Average Change 13.377377
Two Hundred Day Average Change Percent 0.39100704
Type Disp ETF
Volume 1,580,991
Yield 0.0
Ytd Return 231.59589