GraniteShares 2x Long PLTR Daily ETF (PTIR)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
11.52 USD
+0.56
(5.109%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 11.29 -0.23 (-0.230%) ⇩ (July 13, 2026, 7:50 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:16 a.m. EDT
This instrument is a leveraged bet on Palantir's volatility, currently suffering from severe decay. Over the last 14 days, the price has dropped nearly 10%, while the underlying asset fell only 14%; the leverage tax is eating away at capital quickly. The recent news highlights a 49% loss for investors versus a 14% drop in Palantir, illustrating the compounding drag of daily rebalancing. While there is a massive stock split coming in July 2025, which will reset the share count and potentially improve liquidity, it does not reverse the mathematical decay of holding a leveraged product during a downtrend. The options market confirms this uncertainty, with traders buying deep OTM calls and deep ITM puts, effectively hedging against a binary explosion or collapse rather than a linear recovery. For a long-term holder, the lack of multi-year price history combined with the inherent decay of leveraged ETFs makes this a neutral hold at best; it is not a buy-and-hold vehicle. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.103675 |
| MSTL | 0.177177 |
| AutoETS | 0.180833 |
| AutoTheta | 0.208827 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 25% |
| H-stat | 12.42 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.225 |
| Excess Kurtosis | 1.23 |
| Attribute | Value |
|---|---|
| Trailing P/E | 2.44 |
As of July 11, 2026, 6:16 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. Call Open Interest is heavily skewed out-of-the-money (OTM) with massive walls at strikes like 30.0 and 37.45, while Put Open Interest is concentrated deep in-the-money (ITM) at strikes like 2.0 and 3.0. This distribution suggests a 'long gamma' strategy where traders are betting on a massive gap up or a crash, rather than a steady trend. The implied volatility surface shows massive spikes at these distant strikes, indicating the market prices in a binary event.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-29 | 1.553 | 5.4055 |
| Attribute | Value |
|---|---|
| All Time High | 40.78 |
| All Time Low | 1.562667 |
| Ask | 13.99 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 7,100,810 |
| Average Daily Volume3 Month | 5,363,080 |
| Average Volume | 5,363,080 |
| Average Volume10Days | 7,100,810 |
| Beta3 Year | 0.0 |
| Bid | 8.32 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.63 |
| Day Low | 10.865 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 4.7222776 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.7574 |
| Fifty Day Average Change | -1.2373991 |
| Fifty Day Average Change Percent | -0.096994616 |
| Fifty Two Week Change Percent | -52.347828 |
| Fifty Two Week High | 40.78 |
| Fifty Two Week High Change | -29.259998 |
| Fifty Two Week High Change Percent | -0.71750855 |
| Fifty Two Week Low | 7.845 |
| Fifty Two Week Low Change | 3.6750007 |
| Fifty Two Week Low Change Percent | 0.46845135 |
| Fifty Two Week Range | 7.845 - 40.78 |
| First Trade Date Milliseconds | 1,725,456,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,725,408,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-09-04 |
| 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. The fund is non-diversified. |
| Long Name | GraniteShares 2x Long PLTR Daily ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1788295145 |
| Nav Price | 10.97 |
| Net Assets | 296,770,048.0 |
| Net Expense Ratio | 1.04 |
| Open | 11.06 |
| Post Market Change | -0.2300005 |
| Post Market Change Percent | -1.996532 |
| Post Market Price | 11.29 |
| Post Market Time | 1,783,986,642 |
| Previous Close | 10.96 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.56 |
| Regular Market Change Percent | 5.10949 |
| Regular Market Day High | 11.63 |
| Regular Market Day Low | 10.865 |
| Regular Market Day Range | 10.865 - 11.63 |
| Regular Market Open | 11.06 |
| Regular Market Previous Close | 10.96 |
| Regular Market Price | 11.52 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 6,422,431 |
| Short Name | GraniteShares 2x Long PLTR Dail |
| Source Interval | 15 |
| Symbol | PTIR |
| Total Assets | 296,770,048 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 2.4395008 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -42.63897 |
| Trailing Three Month Returns | -42.63897 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.148275 |
| Two Hundred Day Average Change | -9.628275 |
| Two Hundred Day Average Change Percent | -0.4552747 |
| Type Disp | ETF |
| Volume | 6,422,431 |
| Yield | 0.0 |
| Ytd Return | -64.85778 |