GraniteShares 2x Long AMD Daily ETF (AMDL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
65.91 USD
-2.10
(-3.088%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:13 a.m. EDT
The GraniteShares 2x Long AMD Daily ETF is currently a high-octane momentum vehicle rather than a fundamental investment. While the underlying business story regarding agentic AI shifting the server stack is compelling, this leveraged instrument is purely a bet on immediate price velocity. The options data screams 'rally,' with traders stacking calls at levels significantly above the current price, betting on a continuation of the recent upward trend. However, the statistical forecasting model offers zero guidance, flagging the short-term price path as essentially random noise, which creates a dangerous disconnect between the bullish sentiment and the actual probability of a linear move. For a leveraged product, this volatility is a double-edged sword: it amplifies gains during a breakout but accelerates decay during any consolidation. The lack of dividends and the inherent leverage mean this is strictly a tactical trade for the next few weeks, not a core holding. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.225937 |
| MSTL | 0.226091 |
| AutoETS | 0.229228 |
| AutoTheta | 0.288249 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 25% |
| H-stat | 26.06 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.094 |
| Excess Kurtosis | -1.57 |
As of Oct. 10, 2026, 2:13 a.m. EDT: Speculators are aggressively positioning for a sharp rally, evidenced by massive call volume and open interest walls at strikes above the current price (80-90 range), particularly for the October and November expirations. Conversely, put writing is heavy at lower strikes (40-60), creating a 'floor' effect where sellers bet on a bounce without fully hedging downside. The implied volatility skew shows elevated premiums for deep OTM calls relative to the underlying, suggesting a high-convience expectation of a gap-up event driven by the underlying semiconductor sector's agentic AI narrative.
| Attribute | Value |
|---|---|
| All Time High | 91.16 |
| All Time Low | 2.77 |
| Ask | 66.91 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 2,033,250 |
| Average Daily Volume3 Month | 2,556,843 |
| Average Volume | 2,556,843 |
| Average Volume10Days | 2,033,250 |
| 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 | 67.3 |
| Day Low | 58.2225 |
| Display Name | 2x Long AMD Daily ETF |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 62.8268 |
| Fifty Day Average Change | 3.0832024 |
| Fifty Day Average Change Percent | 0.049074635 |
| Fifty Two Week Change Percent | 230.37593 |
| Fifty Two Week High | 91.16 |
| Fifty Two Week High Change | -25.25 |
| Fifty Two Week High Change Percent | -0.2769855 |
| Fifty Two Week Low | 10.8 |
| Fifty Two Week Low Change | 55.110004 |
| Fifty Two Week Low Change Percent | 5.102778 |
| Fifty Two Week Range | 10.8 - 91.16 |
| First Trade Date Milliseconds | 1,710,768,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.0698051 |
| Fullday Change Percent | -3.1403506 |
| Fullday Price | 63.8402 |
| 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 | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1788294925 |
| Nav Price | 67.91 |
| Net Assets | 1,359,977,090.0 |
| Net Expense Ratio | 1.07 |
| Open | 60.93 |
| Pre Market Change | -2.0698051 |
| Pre Market Change Percent | -3.1403506 |
| Pre Market Price | 63.8402 |
| Pre Market Time | 1,792,156,741 |
| Previous Close | 68.01 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.1 |
| Regular Market Change Percent | -3.08778 |
| Regular Market Day High | 67.3 |
| Regular Market Day Low | 58.2225 |
| Regular Market Day Range | 58.2225 - 67.3 |
| Regular Market Open | 60.93 |
| Regular Market Previous Close | 68.01 |
| Regular Market Price | 65.91 |
| Regular Market Time | 1,792,094,401 |
| Regular Market Volume | 3,124,360 |
| Short Name | GraniteShares 2x Long AMD Daily |
| Source Interval | 15 |
| Symbol | AMDL |
| Total Assets | 1,359,977,088 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -4.49601 |
| Trailing Three Month Returns | -4.49601 |
| Triggerable | 1 |
| Two Hundred Day Average | 42.817574 |
| Two Hundred Day Average Change | 23.09243 |
| Two Hundred Day Average Change Percent | 0.5393213 |
| Type Disp | ETF |
| Volume | 3,124,360 |
| Yield | 0.0 |
| Ytd Return | 408.4942 |