GraniteShares 2x Long MU Daily ETF (MULL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
19.14 USD
+0.64
(3.459%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 18.79 -0.35 (-0.351%) ⇩ (Oct. 15, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 10:35 a.m. EDT
This is a high-octane leveraged play on Micron Technology, not a traditional investment. The underlying asset has been a massive winner recently, but the 2x daily leverage creates a dangerous compounding effect that erodes capital during any sideways or down markets. While the recent price action shows resilience, the statistical forecast model is completely unreliable, offering no guidance on the immediate path. The options market confirms this uncertainty: traders are buying insurance and lottery tickets on both sides, expecting a binary event rather than a steady march. For a standard investor, the risk of decay and the volatility drag makes this a poor long-term hold. It remains a speculative vehicle for traders willing to navigate the whipsaw, but the lack of a clear directional edge in the data keeps the short-term outlook cautious. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.208492 |
| MSTL | 0.221648 |
| AutoARIMA | 0.228594 |
| AutoTheta | 0.306695 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 4.04 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.274 |
| Excess Kurtosis | 0.65 |
As of Oct. 10, 2026, 10:35 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. There is heavy open interest in deep out-of-the-money calls (strikes 30+, 40+) and deep out-of-the-money puts (strikes <10), creating a 'strangle' environment where traders bet on a massive gap up or down. The significant volume spikes in far-dated OTM calls suggest a hedge against a potential Micron rally, while the dense put walls at low strikes indicate protection against a sharp correction. This structure favors gamma squeezes in either direction.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-29 | 0.01388 | 0.362516 |
| Attribute | Value |
|---|---|
| All Time High | 43.5264 |
| All Time Low | 0.2416 |
| Ask | 24.33 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 5,685,750 |
| Average Daily Volume3 Month | 6,218,526 |
| Average Volume | 6,218,526 |
| Average Volume10Days | 5,685,750 |
| Beta3 Year | 0.0 |
| Bid | 14.84 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.14 |
| Day Low | 16.19 |
| Display Name | 2x Long MU 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 | 22.3138 |
| Fifty Day Average Change | -3.1738014 |
| Fifty Day Average Change Percent | -0.1422349 |
| Fifty Two Week Change Percent | 801.1027 |
| Fifty Two Week High | 43.5264 |
| Fifty Two Week High Change | -24.386402 |
| Fifty Two Week High Change Percent | -0.5602669 |
| Fifty Two Week Low | 1.742 |
| Fifty Two Week Low Change | 17.397999 |
| Fifty Two Week Low Change Percent | 9.9873705 |
| Fifty Two Week Range | 1.742 - 43.5264 |
| First Trade Date Milliseconds | 1,731,421,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.30999947 |
| Fullday Change Percent | 1.6756728 |
| Fullday Price | 19.14 |
| 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 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 MU Daily ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1899243079 |
| Nav Price | 18.46 |
| Net Assets | 779,067,200.0 |
| Net Expense Ratio | 1.5 |
| Open | 16.75 |
| Post Market Change | -0.35079956 |
| Post Market Change Percent | -1.8328086 |
| Post Market Price | 18.7892 |
| Post Market Time | 1,792,108,710 |
| Previous Close | 18.5 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.639999 |
| Regular Market Change Percent | 3.45946 |
| Regular Market Day High | 19.14 |
| Regular Market Day Low | 16.19 |
| Regular Market Day Range | 16.19 - 19.14 |
| Regular Market Open | 16.75 |
| Regular Market Previous Close | 18.5 |
| Regular Market Price | 19.14 |
| Regular Market Time | 1,792,094,401 |
| Regular Market Volume | 8,084,388 |
| Short Name | GraniteShares 2x Long MU Daily |
| Source Interval | 15 |
| Symbol | MULL |
| Total Assets | 779,067,200 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -30.82136 |
| Trailing Three Month Returns | -30.82136 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.340826 |
| Two Hundred Day Average Change | 2.7991734 |
| Two Hundred Day Average Change Percent | 0.17129938 |
| Type Disp | ETF |
| Volume | 8,084,388 |
| Yield | 0.0 |
| Ytd Return | 610.8635 |