GraniteShares 2x Long BABA Daily ETF (BABX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
30.87 USD
+1.02
(3.417%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 30.99 +0.12 (0.389%) ⇧ (April 17, 2026, 7:56 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 10:31 p.m. EDT
BABX is a high-risk leveraged instrument showing a speculative bullish setup for the next 1-3 months with heavy call interest at levels 10-15% above current, but fundamentally devoid of long-term viability as a leverage-free technology holding (0/5 fundamental score) and pays no dividends. The 1x leverage exacerbates drawdowns significantly from the 52-week high, making it suitable only for tactical, short-term swings rather than buy-and-hold strategies. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.436019 |
| AutoARIMA | 0.436515 |
| MSTL | 0.449375 |
| AutoTheta | 0.468670 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 15.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.149 |
| Excess Kurtosis | -1.17 |
As of April 18, 2026, 10:31 p.m. EDT: Speculators show a distinct bullish bias with significant Call flow occurring in May and June 2026, particularly at strikes 30.0 and 35.0 for the June expiration, alongside elevated IV at deep OTM strikes (65.0). This contrasts with Put positioning which is heavily weighted toward expiration (heavy OTM OI) rather than directional trades against the current price, though there is a concentration of max pain protection at 30.0. The Call side shows positive momentum signals ('New Flow') above current levels, suggesting bets on further Chinese asset recovery.
| Attribute | Value |
|---|---|
| All Time High | 66.0 |
| All Time Low | 11.85 |
| Ask | 30.89 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 691,380 |
| Average Daily Volume3 Month | 785,482 |
| Average Volume | 785,482 |
| Average Volume10Days | 691,380 |
| Beta3 Year | 1.06 |
| Bid | 30.79 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 32.025 |
| Day Low | 30.38 |
| 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 | 30.7748 |
| Fifty Day Average Change | 0.09520149 |
| Fifty Day Average Change Percent | 0.0030934887 |
| Fifty Two Week Change Percent | 30.033695 |
| Fifty Two Week High | 66.0 |
| Fifty Two Week High Change | -35.129997 |
| Fifty Two Week High Change Percent | -0.5322727 |
| Fifty Two Week Low | 20.682 |
| Fifty Two Week Low Change | 10.188002 |
| Fifty Two Week Low Change Percent | 0.49260235 |
| Fifty Two Week Range | 20.682 - 66.0 |
| First Trade Date Milliseconds | 1,670,941,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,670,803,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,022-12-13 |
| 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 financial instruments such as swaps and options on the underlying stock as well as directly purchasing the underlying stock. It is non-diversified. |
| Long Name | GraniteShares 2x Long BABA Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1788030004 |
| Nav Price | 30.86 |
| Net Assets | 99,470,472.0 |
| Net Expense Ratio | 1.15 |
| Open | 30.96 |
| Post Market Change | 0.11999893 |
| Post Market Change Percent | 0.38872346 |
| Post Market Price | 30.99 |
| Post Market Time | 1,776,470,184 |
| Previous Close | 29.85 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.02 |
| Regular Market Change Percent | 3.41709 |
| Regular Market Day High | 32.025 |
| Regular Market Day Low | 30.38 |
| Regular Market Day Range | 30.38 - 32.025 |
| Regular Market Open | 30.96 |
| Regular Market Previous Close | 29.85 |
| Regular Market Price | 30.87 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 884,478 |
| Short Name | GraniteShares 2x Long BABA Dail |
| Source Interval | 15 |
| Symbol | BABX |
| Three Year Average Return | 0.057251703 |
| Total Assets | 99,470,472 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -31.52053 |
| Trailing Three Month Returns | -31.52053 |
| Triggerable | 1 |
| Two Hundred Day Average | 37.82807 |
| Two Hundred Day Average Change | -6.9580708 |
| Two Hundred Day Average Change Percent | -0.18393935 |
| Type Disp | ETF |
| Volume | 884,478 |
| Yield | 0.0 |
| Ytd Return | -31.52053 |