GraniteShares 2x Long PLTR Daily ETF (PTIR)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
20.96 USD
-3.00
(-12.521%) ⇩
(Oct. 16, 2026, 12:15 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 4:42 a.m. EDT
The most critical signal here is the structural nature of this instrument: it is a 2x leveraged daily ETF tracking Palantir, which has already delivered an 809% return in just one year. This creates a mathematical trap for long-term holders; while the underlying stock might sustain growth, the compounding decay of a leveraged daily product will inevitably erode capital over time, turning a 100% gain in the underlying into a loss in the leveraged fund. Consequently, the long-term investment rating is neutral because the vehicle itself is designed for short-term bursts, not multi-year holding periods. However, the short-term outlook is exceptionally bullish. The price action shows a massive gap up to $26.10, and the options market is screaming 'moon,' with heavy open interest placed at strikes far above current prices. This suggests a consensus expectation of further explosive moves in the underlying stock. For a trader looking to capture the next leg of Palantir's rally, the momentum is undeniable, warranting a high-conviction entry despite the inherent risks of leverage. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.558257 |
| AutoETS | 0.571148 |
| MSTL | 0.578725 |
| AutoARIMA | 0.694767 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 23% |
| H-stat | 1.76 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 3.50 |
| Attribute | Value |
|---|---|
| Trailing P/E | 4.44 |
As of Oct. 10, 2026, 4:42 a.m. EDT: Speculators are aggressively positioning for continued upside, evidenced by massive open interest walls in deep out-of-the-money calls (strikes 36, 40, 53+) and significant volume spikes in OTM calls for January 2027. Conversely, put activity is concentrated in deep OTM strikes (below 10), suggesting a hedge against a crash rather than active bearish bets. The implied volatility skew shows elevated premiums for deep OTM calls relative to puts, indicating a 'gamma squeeze' or leveraged beta play mentality where traders expect the underlying to continue its parabolic run.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-29 | 1.553 | 5.4055 |
| Attribute | Value |
|---|---|
| All Time High | 40.78 |
| All Time Low | 1.562667 |
| Ask | 20.46 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 3,651,090 |
| Average Daily Volume3 Month | 3,778,940 |
| Average Volume | 3,778,940 |
| Average Volume10Days | 3,651,090 |
| Beta3 Year | 0.0 |
| Bid | 15.82 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 24.67 |
| Day Low | 20.72 |
| Display Name | 2x Long PLTR Daily ETF |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 4.7222776 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.2516 |
| Fifty Day Average Change | 0.7083988 |
| Fifty Day Average Change Percent | 0.034979895 |
| Fifty Two Week Change Percent | -21.236027 |
| Fifty Two Week High | 40.78 |
| Fifty Two Week High Change | -19.82 |
| Fifty Two Week High Change Percent | -0.48602256 |
| Fifty Two Week Low | 7.845 |
| Fifty Two Week Low Change | 13.115 |
| Fifty Two Week Low Change Percent | 1.6717654 |
| Fifty Two Week Range | 7.845 - 40.78 |
| First Trade Date Milliseconds | 1,725,456,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -3.0 |
| Fullday Change Percent | -12.520868 |
| Fullday Price | 20.96 |
| 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 | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1788295145 |
| Nav Price | 24.09 |
| Net Assets | 338,788,032.0 |
| Net Expense Ratio | 1.04 |
| Open | 24.38 |
| Previous Close | 23.96 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -3.0 |
| Regular Market Change Percent | -12.520868 |
| Regular Market Day High | 24.67 |
| Regular Market Day Low | 20.72 |
| Regular Market Day Range | 20.72 - 24.67 |
| Regular Market Open | 24.38 |
| Regular Market Previous Close | 23.96 |
| Regular Market Price | 20.96 |
| Regular Market Time | 1,792,167,322 |
| Regular Market Volume | 3,803,000 |
| Short Name | GraniteShares 2x Long PLTR Dail |
| Source Interval | 15 |
| Symbol | PTIR |
| Total Assets | 338,788,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 4.438536 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 124.06816 |
| Trailing Three Month Returns | 124.06816 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.8416 |
| Two Hundred Day Average Change | 4.1183987 |
| Two Hundred Day Average Change Percent | 0.24453725 |
| Type Disp | ETF |
| Volume | 3,803,000 |
| Yield | 0.0 |
| Ytd Return | -21.25749 |