GraniteShares 2x Long DELL Daily ETF (DLLL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
22.16 USD
-2.31
(-9.440%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 22.26 +0.10 (0.458%) ⇧ (Oct. 16, 2026, 4:59 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 5:17 a.m. EDT
This is a classic leveraged ETF trading pattern: a defensive setup for a crash mixed with a speculative bet on a moonshot. The price action over the last two weeks shows resilience, bouncing off the 200-day average and pushing higher, which fuels the aggressive call buying seen in the February 2027 expiration. However, the sheer volume of put open interest in the November and October expirations suggests the market is pricing in a significant downside risk or is heavily hedged against a reversal. The statistical forecast model is useless here due to very low confidence, so we must ignore the 3% directional prediction. The core thesis is that while the underlying tech sector might be volatile, the 2x leverage creates a binary outcome: either a massive parabolic move up (captured by the deep OTM call buyers) or a rapid decay that wipes out the put sellers. For a swing trade, the momentum is currently favorable, but the structural decay inherent in leveraged products makes holding this for years a losing proposition. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.143902 |
| AutoETS | 0.178761 |
| AutoARIMA | 0.178761 |
| MSTL | 0.189607 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 2.31 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.602 |
| Excess Kurtosis | -0.66 |
As of Oct. 10, 2026, 5:17 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. In the near term (Oct 2026), there is a massive imbalance in put open interest (1.6k vs 1.6k OTM volume) compared to calls, suggesting hedging or a bearish bias. However, deep out-of-the-money calls show significant volume spikes (e.g., 27 contracts at $54 strike), indicating a 'lottery ticket' mentality where traders are betting on a massive gap-up event. The November expiration shows a heavy wall of put open interest at lower strikes ($23-$25 range), reinforcing a defensive stance against a drop, while the February 2027 data reveals a stark divergence: massive call open interest at $55 (2.3k contracts) versus negligible put interest, signaling a speculative bet on a long-term rally despite the immediate fear of a correction.
| Attribute | Value |
|---|---|
| All Time High | 40.206 |
| All Time Low | 0.96375 |
| Ask | 33.79 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 1,378,500 |
| Average Daily Volume3 Month | 1,759,473 |
| Average Volume | 1,759,473 |
| Average Volume10Days | 1,378,500 |
| Beta3 Year | 0.0 |
| Bid | 20.68 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 24.57 |
| Day Low | 22.02 |
| Display Name | 2x Long DELL 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 | 30.7304 |
| Fifty Day Average Change | -8.5704 |
| Fifty Day Average Change Percent | -0.27888995 |
| Fifty Two Week Change Percent | 477.12265 |
| Fifty Two Week High | 40.206 |
| Fifty Two Week High Change | -18.046001 |
| Fifty Two Week High Change Percent | -0.4488385 |
| Fifty Two Week Low | 2.1675 |
| Fifty Two Week Low Change | 19.9925 |
| Fifty Two Week Low Change Percent | 9.223761 |
| Fifty Two Week Range | 2.1675 - 40.206 |
| First Trade Date Milliseconds | 1,739,543,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.208599 |
| Fullday Change Percent | -9.025743 |
| Fullday Price | 22.2614 |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,739,318,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-02-13 |
| 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 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 DELL Daily ETF |
| Market | us_market |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_1903350451 |
| Nav Price | 28.31 |
| Net Assets | 222,602,096.0 |
| Net Expense Ratio | 1.5 |
| Open | 24.5 |
| Post Market Change | 0.101400375 |
| Post Market Change Percent | 0.45758292 |
| Post Market Price | 22.2614 |
| Post Market Time | 1,792,184,382 |
| Previous Close | 24.47 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.3099995 |
| Regular Market Change Percent | -9.440128 |
| Regular Market Day High | 24.57 |
| Regular Market Day Low | 22.02 |
| Regular Market Day Range | 22.02 - 24.57 |
| Regular Market Open | 24.5 |
| Regular Market Previous Close | 24.47 |
| Regular Market Price | 22.16 |
| Regular Market Time | 1,792,180,801 |
| Regular Market Volume | 1,575,722 |
| Short Name | GraniteShares 2x Long DELL Dail |
| Source Interval | 15 |
| Symbol | DLLL |
| Total Assets | 222,602,096 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 30.31638 |
| Trailing Three Month Returns | 30.31638 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.659524 |
| Two Hundred Day Average Change | 6.500476 |
| Two Hundred Day Average Change Percent | 0.41511324 |
| Type Disp | ETF |
| Volume | 1,575,722 |
| Yield | 0.0 |
| Ytd Return | 1,035.7766 |