GraniteShares 2x Long CRWD Daily ETF (CRWL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
21.76 USD
+0.51
(2.400%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 21.76 +0.00 (0.011%) ⇧ (April 17, 2026, 7:08 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 11:26 p.m. EDT
CRWL is experiencing structural volatility decay pressure as a 2x leveraged ETF reflecting a massive intraday drawdown in the underlying CRWD, evidenced by the flat math (price down ~40% from 52-week highs vs index down ~30%). While options traders are using deep OTM puts to cap downside, the underlying asset is trapped in a downtrend channel (200-day average below price, recent price action struggling to reclaim key levels above 40 days ago). The 'hot take' is that this is a high-risk, low-reward trap for long-term holders; waiting for a rebound is a sideways battle, and the 'buy the dip' narrative lacks fundamental support given the severe divergence between the fund and its benchmark index. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.366660 |
| AutoETS | 0.376124 |
| AutoARIMA | 0.377334 |
| AutoTheta | 0.392338 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 66% |
| H-stat | 1.55 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.983 |
| Excess Kurtosis | -0.04 |
As of April 18, 2026, 11:26 p.m. EDT: Options flow shows a distinct hedging bias. Deep OTM puts at strikes 15 and 16 show massive Open Interest (OI) relative to volume, suggesting bearish portfolio insurance or downside allowances. Conversely, while ATM calls have decent positioning, a significant 'penny call' flow is present at strikes 25, 26, 30, and 35, with implied volatility spiking to over 700% at strike 39. This extreme IV distortion suggests speculators are betting on high-volatility moves but are mostly positioning via premium sellers at extreme out-of-the-money strikes rather than directional long calls. The Ljung-Box p-value indicates strong recent momentum/persistence in returns, implying short-term predictability is skewed by recent price action, but the bearish hedge heavy-handedness (deep OTM put OI) tempers bullishness.
| Attribute | Value |
|---|---|
| All Time High | 46.336 |
| All Time Low | 15.25 |
| Ask | 27.52 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 373,270 |
| Average Daily Volume3 Month | 313,840 |
| Average Volume | 313,840 |
| Average Volume10Days | 373,270 |
| Beta3 Year | 0.0 |
| Bid | 16.23 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 22.6 |
| Day Low | 21.4095 |
| 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 | 21.00798 |
| Fifty Day Average Change | 0.7520199 |
| Fifty Day Average Change Percent | 0.035796866 |
| Fifty Two Week Change Percent | -4.811901 |
| Fifty Two Week High | 46.336 |
| Fifty Two Week High Change | -24.575998 |
| Fifty Two Week High Change Percent | -0.53038675 |
| Fifty Two Week Low | 15.25 |
| Fifty Two Week Low Change | 6.51 |
| Fifty Two Week Low Change Percent | 0.42688525 |
| Fifty Two Week Range | 15.25 - 46.336 |
| First Trade Date Milliseconds | 1,731,421,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,731,283,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-11-12 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund that attempts to replicate 2x (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 is non-diversified. |
| Long Name | GraniteShares 2x Long CRWD Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1899243076 |
| Nav Price | 21.8 |
| Net Assets | 33,989,608.0 |
| Net Expense Ratio | 1.5 |
| Open | 22.09 |
| Post Market Change | 0.002500534 |
| Post Market Change Percent | 0.011491424 |
| Post Market Price | 21.7625 |
| Post Market Time | 1,776,467,324 |
| Previous Close | 21.25 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.5100002 |
| Regular Market Change Percent | 2.400001 |
| Regular Market Day High | 22.6 |
| Regular Market Day Low | 21.4095 |
| Regular Market Day Range | 21.4095 - 22.6 |
| Regular Market Open | 22.09 |
| Regular Market Previous Close | 21.25 |
| Regular Market Price | 21.76 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 276,825 |
| Short Name | GraniteShares 2x Long CRWD Dail |
| Source Interval | 15 |
| Symbol | CRWL |
| Total Assets | 33,989,608 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -38.28404 |
| Trailing Three Month Returns | -38.28404 |
| Triggerable | 1 |
| Two Hundred Day Average | 30.90709 |
| Two Hundred Day Average Change | -9.147089 |
| Two Hundred Day Average Change Percent | -0.2959544 |
| Type Disp | ETF |
| Volume | 276,825 |
| Yield | 0.0 |
| Ytd Return | -38.28404 |