GraniteShares 2x Long MRVL Daily ETF (MVLL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
25.06 USD
-6.64
(-20.946%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 25.14 +0.08 (0.319%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:32 a.m. EDT
This is a classic leveraged momentum play on a volatile underlying, not a fundamental investment. The 2x daily structure combined with the recent 65% surge in the underlying asset creates a dangerous feedback loop where small moves in the base stock result in double the movement here, amplified by daily rebalancing decay. While the short-term outlook is bullish due to the explosive recent price action and aggressive call buying, the long-term rating is neutral because the security has no price history beyond a single anchor point and zero dividend capability. The statistical forecasting model is explicitly unreliable, so we cannot trust its 16% directional prediction; instead, we rely on the visible options flow which screams 'bet on the upside.' However, investors must remember that leveraged ETFs are designed for holding only as long as the trend persists; any mean reversion in the underlying will cause this fund to bleed value rapidly. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.619071 |
| AutoARIMA | 0.622244 |
| MSTL | 0.646262 |
| AutoTheta | 1.060392 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 25% |
| H-stat | 5.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.307 |
| Excess Kurtosis | -0.43 |
As of Aug. 22, 2026, 4:32 a.m. EDT: Speculators are positioning aggressively for a massive upside move, evidenced by heavy open interest walls at strikes significantly above current prices (e.g., 50, 65, 98) and a distinct lack of protective put volume relative to call volume. The implied volatility surface shows elevated premiums for deep out-of-the-money calls, suggesting a 'lottery ticket' mentality where traders are betting on a parabolic rally rather than hedging downside risk.
| Attribute | Value |
|---|---|
| All Time High | 77.666664 |
| All Time Low | 3.22 |
| Ask | 32.83 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 6,204,010 |
| Average Daily Volume3 Month | 6,138,236 |
| Average Volume | 6,138,236 |
| Average Volume10Days | 6,204,010 |
| Beta3 Year | 0.0 |
| Bid | 19.93 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 28.3219 |
| Day Low | 24.8301 |
| 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 | 32.1092 |
| Fifty Day Average Change | -7.0492 |
| Fifty Day Average Change Percent | -0.21953833 |
| Fifty Two Week Change Percent | 424.26776 |
| Fifty Two Week High | 77.666664 |
| Fifty Two Week High Change | -52.606667 |
| Fifty Two Week High Change Percent | -0.6773391 |
| Fifty Two Week Low | 4.321 |
| Fifty Two Week Low Change | 20.738998 |
| Fifty Two Week Low Change Percent | 4.799583 |
| Fifty Two Week Range | 4.321 - 77.666664 |
| First Trade Date Milliseconds | 1,741,357,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -6.6400013 |
| Fullday Change Percent | -20.946377 |
| Fullday Price | 25.14 |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,741,219,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-03-07 |
| 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 underlying stock as well as directly purchasing the underlying stock. The fund is non-diversified. |
| Long Name | GraniteShares 2x Long MRVL Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1931399871 |
| Nav Price | 31.67 |
| Net Assets | 243,305,936.0 |
| Net Expense Ratio | 1.5 |
| Open | 27.165 |
| Post Market Change | 0.07999992 |
| Post Market Change Percent | 0.31923354 |
| Post Market Price | 25.14 |
| Post Market Time | 1,787,961,599 |
| Previous Close | 31.7 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -6.6400013 |
| Regular Market Change Percent | -20.946377 |
| Regular Market Day High | 28.3219 |
| Regular Market Day Low | 24.8301 |
| Regular Market Day Range | 24.8301 - 28.3219 |
| Regular Market Open | 27.165 |
| Regular Market Previous Close | 31.7 |
| Regular Market Price | 25.06 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 10,583,400 |
| Short Name | GraniteShares 2x Long MRVL Dail |
| Source Interval | 15 |
| Symbol | MVLL |
| Total Assets | 243,305,936 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -11.23383 |
| Trailing Three Month Returns | -11.23383 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.47581 |
| Two Hundred Day Average Change | 5.5841904 |
| Two Hundred Day Average Change Percent | 0.28672445 |
| Type Disp | ETF |
| Volume | 10,583,400 |
| Yield | 0.0 |
| Ytd Return | 184.09302 |