GraniteShares 2x Long NVDA Daily ETF (NVDL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
34.32 USD
-2.26
(-6.178%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 33.24 -1.08 (-1.080%) ⇩ (Oct. 14, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 1:37 a.m. EDT
The 2x leveraged structure of this instrument creates a unique dynamic where the recent rally has generated substantial momentum, pushing the short-term rating to a high-conviction entry level. The price action shows a strong recovery from the lows, currently trading well above its 50-day moving average, which aligns with the heavy call buying seen in the options chain. However, the long-term rating remains neutral because the underlying asset is a leveraged ETF, not a standalone company with intrinsic business quality. The 'fundamentals' here are purely the performance of the underlying stock amplified by decay mechanics; while the recent trajectory has been stellar, the compounding drag inherent in daily rebalancing makes holding this as a permanent investment risky compared to the unleveraged stock. The dividend is negligible, reflecting its nature as a trading vehicle rather than an income generator. Investors should view this as a tactical tool for capturing Nvidia's volatility rather than a core holding. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.161666 |
| AutoTheta | 0.165853 |
| MSTL | 0.166706 |
| AutoETS | 0.181845 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 1.25 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.004 |
| Excess Kurtosis | 0.86 |
As of Oct. 10, 2026, 1:37 a.m. EDT: Speculators are aggressively positioning for continued upside, evidenced by massive open interest walls at $40 and $45 strikes across multiple expirations. Call volume significantly exceeds open interest at near-term strikes like $41, indicating fresh bullish entries. Conversely, put activity is concentrated deep out-of-the-money (below $25), suggesting a hedge against a crash rather than a bearish bet on the immediate future. Implied volatility remains elevated relative to historical norms, pricing in significant moves.
| Date | Dividend | Yield % |
|---|---|---|
| 2023-12-27 | 0.561722 | 11.312368 |
| Attribute | Value |
|---|---|
| All Time High | 56.75 |
| All Time Low | 0.984333 |
| Ask | 43.86 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 9,416,870 |
| Average Daily Volume3 Month | 12,472,328 |
| Average Volume | 12,472,328 |
| Average Volume10Days | 9,416,870 |
| Beta3 Year | 3.89 |
| Bid | 25.7 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 35.74 |
| Day Low | 33.7235 |
| Display Name | 2x Long NVDA 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 | 35.4731 |
| Fifty Day Average Change | -1.1530991 |
| Fifty Day Average Change Percent | -0.032506295 |
| Fifty Two Week Change Percent | 24.78963 |
| Fifty Two Week High | 43.273335 |
| Fifty Two Week High Change | -8.953335 |
| Fifty Two Week High Change Percent | -0.2069019 |
| Fifty Two Week Low | 21.536667 |
| Fifty Two Week Low Change | 12.783333 |
| Fifty Two Week Low Change Percent | 0.59356135 |
| Fifty Two Week Range | 21.536667 - 43.273335 |
| First Trade Date Milliseconds | 1,670,941,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -3.0600014 |
| Fullday Change Percent | -8.36523 |
| Fullday Price | 34.32 |
| 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. It is non-diversified. |
| Long Name | GraniteShares 2x Long NVDA Daily ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1788008972 |
| Nav Price | 36.56 |
| Net Assets | 3,756,268,030.0 |
| Net Expense Ratio | 1.05 |
| Open | 35.56 |
| Post Market Change | -1.079998 |
| Post Market Change Percent | -3.1468475 |
| Post Market Price | 33.24 |
| Post Market Time | 1,792,022,348 |
| Previous Close | 36.58 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.26 |
| Regular Market Change Percent | -6.17825 |
| Regular Market Day High | 35.74 |
| Regular Market Day Low | 33.7235 |
| Regular Market Day Range | 33.7235 - 35.74 |
| Regular Market Open | 35.56 |
| Regular Market Previous Close | 36.58 |
| Regular Market Price | 34.32 |
| Regular Market Time | 1,792,008,001 |
| Regular Market Volume | 8,416,483 |
| Short Name | GraniteShares 2x Long NVDA Dail |
| Source Interval | 15 |
| Symbol | NVDL |
| Three Year Average Return | 1.0103376 |
| Total Assets | 3,756,268,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 22.73487 |
| Trailing Three Month Returns | 22.73487 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.558758 |
| Two Hundred Day Average Change | 2.761242 |
| Two Hundred Day Average Change Percent | 0.08749527 |
| Type Disp | ETF |
| Volume | 8,416,483 |
| Yield | 0.0 |
| Ytd Return | 25.16195 |