GraniteShares 2x Long META Daily ETF (FBL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
32.76 USD
-2.15
(-6.162%) ⇩
(Oct. 14, 2026, 11:53 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 6:52 a.m. EDT
This is a high-octane leveraged play on Meta (META) that is currently trading well below its 52-week highs, creating a deep discount for aggressive traders. The technical setup is compelling: the price is bouncing off the 200-day moving average, which often serves as a magnet for leveraged ETFs. However, the lack of historical price data makes it impossible to assess the underlying business trajectory or long-term value; this is purely a momentum vehicle. The options market confirms this speculative nature, with traders stacking heavy positions at $40 and $44, betting on a massive rebound in the underlying tech giant. For a short-term trader, the confluence of a technical bounce and heavy speculative option flow creates a strong case for a momentum entry, but the absence of any dividend yield and the inherent decay risks of leveraged products mean this is strictly a trade, not an investment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.152509 |
| AutoARIMA | 0.153296 |
| AutoETS | 0.153296 |
| AutoTheta | 0.156490 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 13.25 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.118 |
| Excess Kurtosis | -0.71 |
As of Oct. 10, 2026, 6:52 a.m. EDT: Speculators are positioning for significant volatility and potential upside, evidenced by massive open interest walls at $40 and $44 strikes for both calls and puts across multiple expirations. The $40 strike acts as a major pivot point where volume spikes significantly. While ATM IV is elevated, the heavy concentration of OTM contracts suggests bets on a binary event or a sharp move away from current levels rather than a steady grind.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.08% | 2.08% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-29 | 0.6740 | 2.078964 |
| 2023-12-27 | 8.0044 | 50.724969 |
| Attribute | Value |
|---|---|
| All Time High | 51.74 |
| All Time Low | 4.9708 |
| Ask | 22.01 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 536,110 |
| Average Daily Volume3 Month | 1,049,990 |
| Average Volume | 1,049,990 |
| Average Volume10Days | 536,110 |
| Beta3 Year | 3.01 |
| Bid | 21.93 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 34.8699 |
| Day Low | 32.73 |
| Display Name | 2x Long META 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 | 26.1056 |
| Fifty Day Average Change | 6.654398 |
| Fifty Day Average Change Percent | 0.25490308 |
| Fifty Two Week Change Percent | -15.205246 |
| Fifty Two Week High | 45.83 |
| Fifty Two Week High Change | -13.0700035 |
| Fifty Two Week High Change Percent | -0.28518444 |
| Fifty Two Week Low | 17.43 |
| Fifty Two Week Low Change | 15.329998 |
| Fifty Two Week Low Change Percent | 0.879518 |
| Fifty Two Week Range | 17.43 - 45.83 |
| First Trade Date Milliseconds | 1,670,941,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.1500015 |
| Fullday Change Percent | -6.162087 |
| Fullday Price | 32.76 |
| 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 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. |
| Long Name | GraniteShares 2x Long META Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1788070415 |
| Nav Price | 33.21 |
| Net Assets | 180,565,760.0 |
| Net Expense Ratio | 1.09 |
| Open | 34.66 |
| Previous Close | 34.91 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.1500015 |
| Regular Market Change Percent | -6.162087 |
| Regular Market Day High | 34.8699 |
| Regular Market Day Low | 32.73 |
| Regular Market Day Range | 32.73 - 34.8699 |
| Regular Market Open | 34.66 |
| Regular Market Previous Close | 34.91 |
| Regular Market Price | 32.76 |
| Regular Market Time | 1,791,993,221 |
| Regular Market Volume | 308,600 |
| Short Name | GraniteShares 2x Long META Dail |
| Source Interval | 15 |
| Symbol | FBL |
| Three Year Average Return | 0.3427507 |
| Total Assets | 180,565,760 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 51.66985 |
| Trailing Three Month Returns | 51.66985 |
| Triggerable | 1 |
| Two Hundred Day Average | 27.07706 |
| Two Hundred Day Average Change | 5.6829376 |
| Two Hundred Day Average Change Percent | 0.20988016 |
| Type Disp | ETF |
| Volume | 308,600 |
| Yield | 0.0 |
| Ytd Return | -2.36486 |