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GraniteShares 2x Long IONQ Daily ETF (IONL)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
25.53 USD +1.47 (6.110%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 24.65 -0.88 (-0.880%) ⇩ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 1:35 p.m. EDT

IONL is a leveraged ETF tracking IONQ, which has experienced significant volatility. The recent price drop and the mixed options activity suggest a lack of clear direction. While there is some bullish positioning in calls, the bearish puts indicate potential for further declines. Given the high volatility and the lack of dividend payouts, this ETF is not suitable for long-term investment. Short-term traders may consider buying calls if there is a potential rebound, but the forecast model's negative prediction and the overall market uncertainty suggest caution.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.633898
AutoETS0.725096
AutoARIMA0.727420
MSTL0.742216

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 60%
H-stat 1.98
Ljung-Box p 0.000
Jarque-Bera p 0.316
Excess Kurtosis -0.01

As of April 11, 2026, 1:35 p.m. EDT: The options activity indicates mixed signals. For calls, there is significant positioning in the OTM strikes, especially around 15.0 and 17.0, with higher IV and OI, suggesting potential for upward movement. However, puts show strong ITM positioning, particularly around the 10.0 strike, with higher IV and OI, indicating caution or bearish sentiment. The overall volatility and the presence of both bullish and bearish options suggest uncertainty in the short term.


Info Dump

Attribute Value
All Time High 148.84
All Time Low 8.76
Ask 29.69
Ask Size 2
Average Daily Volume10 Day 1,534,480
Average Daily Volume3 Month 675,672
Average Volume 675,672
Average Volume10Days 1,534,480
Beta3 Year 0.0
Bid 18.64
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 26.1
Day Low 23.135
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 15.1342
Fifty Day Average Change 10.395801
Fifty Day Average Change Percent 0.6869078
Fifty Two Week Change Percent 27.774822
Fifty Two Week High 148.84
Fifty Two Week High Change -123.31
Fifty Two Week High Change Percent -0.8284735
Fifty Two Week Low 8.76
Fifty Two Week Low Change 16.77
Fifty Two Week Low Change Percent 1.9143835
Fifty Two Week Range 8.76 - 148.84
First Trade Date Milliseconds 1,742,995,800,000
Full Exchange Name NasdaqGM
Fund Family Graniteshares
Fund Inception Date 1,742,774,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-03-25
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%) 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. The fund is non-diversified.
Long Name GraniteShares 2x Long IONQ Daily ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1931399873
Nav Price 24.02
Net Assets 33,767,440.0
Net Expense Ratio 1.5
Open 23.395
Post Market Change -0.88000107
Post Market Change Percent -3.4469292
Post Market Price 24.65
Post Market Time 1,776,470,367
Previous Close 24.06
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 1.47
Regular Market Change Percent 6.10973
Regular Market Day High 26.1
Regular Market Day Low 23.135
Regular Market Day Range 23.135 - 26.1
Regular Market Open 23.395
Regular Market Previous Close 24.06
Regular Market Price 25.53
Regular Market Time 1,776,456,001
Regular Market Volume 2,571,921
Short Name GraniteShares 2x Long IONQ Dail
Source Interval 15
Symbol IONL
Total Assets 33,767,440
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -67.17371
Trailing Three Month Returns -67.17371
Triggerable 1
Two Hundred Day Average 45.60415
Two Hundred Day Average Change -20.074148
Two Hundred Day Average Change Percent -0.4401825
Type Disp ETF
Volume 2,571,921
Yield 0.0
Ytd Return -67.17371