GraniteShares 2x Long INTC Daily ETF (INTW)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
20.58 USD
-2.05
(-9.059%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 19.85 -0.73 (-0.730%) ⇩ (Oct. 14, 2026, 7:09 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 9:35 a.m. EDT
This is a dangerous instrument for a standard investor due to its leveraged nature and lack of intrinsic value. The underlying asset, Intel (INTC), has been in a multi-year structural decline, which drags this 2x leveraged ETF down significantly despite recent price recovery. The recent price action shows a volatile rebound from lows near 4.47 to the current 23.51 range, but the 52-week high of 52.62 looms as a formidable resistance wall. The options data confirms this tension: traders are buying protection (puts) at levels just above the current price while simultaneously betting on a massive upside surge to 66+, creating a volatile, choppy trading environment. With zero dividends and a history of severe drawdowns during periods of uncertainty, this security offers no margin of safety. It is suitable only for aggressive traders willing to accept the risk of rapid decay in a sideways or slowly declining market. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.170027 |
| AutoETS | 0.173003 |
| AutoARIMA | 0.173540 |
| AutoTheta | 0.328426 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 4.46 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.355 |
| Excess Kurtosis | -0.45 |
As of Oct. 10, 2026, 9:35 a.m. EDT: Speculators are positioning for significant volatility rather than a specific directional breakout. Call Open Interest is heavily concentrated at strikes 30, 40, and 66.25, while Put Open Interest clusters around 26, 30, and 35. This creates a 'strangle' environment where traders are betting on a move away from the current price (approx 23.51) but are hedged against the direction. The massive IV spike on deep OTM calls (10 strike) suggests fear of a sharp, leveraged spike, while heavy put volume at 35-40 strikes indicates a ceiling expectation. The lack of directional bias in OI suggests the market views this leveraged product as a vehicle for gamma exposure rather than a directional bet.
| Attribute | Value |
|---|---|
| All Time High | 52.625 |
| All Time Low | 1.695 |
| Ask | 29.19 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 4,341,840 |
| Average Daily Volume3 Month | 4,797,545 |
| Average Volume | 4,797,545 |
| Average Volume10Days | 4,341,840 |
| Beta3 Year | 0.0 |
| Bid | 17.82 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.9799 |
| Day Low | 20.38 |
| Display Name | 2x Long INTC 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 | 24.3303 |
| Fifty Day Average Change | -3.7502995 |
| Fifty Day Average Change Percent | -0.15414111 |
| Fifty Two Week Change Percent | 284.4553 |
| Fifty Two Week High | 52.625 |
| Fifty Two Week High Change | -32.045 |
| Fifty Two Week High Change Percent | -0.60893106 |
| Fifty Two Week Low | 4.47 |
| Fifty Two Week Low Change | 16.11 |
| Fifty Two Week Low Change Percent | 3.604027 |
| Fifty Two Week Range | 4.47 - 52.625 |
| First Trade Date Milliseconds | 1,739,457,000,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.7019997 |
| Fullday Change Percent | -11.939901 |
| Fullday Price | 19.85 |
| 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 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 INTC Daily ETF |
| Market | us_market |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_1917186551 |
| Nav Price | 22.65 |
| Net Assets | 597,114,560.0 |
| Net Expense Ratio | 1.5 |
| Open | 21.18 |
| Post Market Change | -0.72999954 |
| Post Market Change Percent | -3.5471308 |
| Post Market Price | 19.85 |
| Post Market Time | 1,792,019,379 |
| Previous Close | 22.63 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.0499992 |
| Regular Market Change Percent | -9.058768 |
| Regular Market Day High | 21.9799 |
| Regular Market Day Low | 20.38 |
| Regular Market Day Range | 20.38 - 21.9799 |
| Regular Market Open | 21.18 |
| Regular Market Previous Close | 22.63 |
| Regular Market Price | 20.58 |
| Regular Market Time | 1,792,008,001 |
| Regular Market Volume | 4,166,506 |
| Short Name | GraniteShares 2x Long INTC Dail |
| Source Interval | 15 |
| Symbol | INTW |
| Total Assets | 597,114,560 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -38.19759 |
| Trailing Three Month Returns | -38.19759 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.119707 |
| Two Hundred Day Average Change | -0.5397072 |
| Two Hundred Day Average Change Percent | -0.025554672 |
| Type Disp | ETF |
| Volume | 4,166,506 |
| Yield | 0.0 |
| Ytd Return | 481.4471 |