GraniteShares 2x Long RDDT Daily ETF (RDTL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
28.01 USD
+0.73
(2.676%)
⇧
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:55 a.m. EDT
This instrument is a leveraged daily ETF tracking Reddit, making it inherently volatile and unsuitable for standard investment strategies. The price history reveals a brutal reality: despite a recent rally pushing the price back toward previous highs, the asset has suffered a catastrophic multi-year decline, losing nearly 99% of its value since inception. This is not a temporary dip; it is a structural implosion where the leverage has compounded losses beyond recovery for long-term holders. The lack of dividends and the eroded principal base mean there is no floor to catch buyers. While options traders are clearly preparing for a 'black swan' style event—either a massive spike or a total wipeout—the fundamental thesis remains broken. For a leveraged product, the underlying asset must survive; here, the underlying has largely ceased to exist in terms of share value. Avoid this entirely. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.115233 |
| AutoARIMA | 0.123061 |
| AutoETS | 0.123063 |
| AutoTheta | 0.123288 |
| MSTL_30 | 0.132489 |
| MSTL_65 | 0.319022 |
| MSTL_30_65 | 0.400265 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 2.82 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.639 |
| Excess Kurtosis | -0.51 |
As of July 11, 2026, 5:55 a.m. EDT: Speculators are positioning for significant volatility rather than a specific directional outcome. Call Open Interest builds heavily at distant strikes (40, 45) for September expiration, suggesting a bet on a massive gap-up event, while Put Open Interest concentrates at lower strikes (11, 12, 15) for December, indicating a hedge against a severe crash. The extreme disparity in implied volatility—spiking to nearly 400% at deep out-of-the-money strikes versus flat pricing at-the-money—confirms that the market is pricing in binary, high-amplitude moves rather than steady drift.
| Attribute | Value |
|---|---|
| All Time High | 89.84 |
| All Time Low | 9.72 |
| Ask | 34.11 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 427,990 |
| Average Daily Volume3 Month | 608,211 |
| Average Volume | 608,211 |
| Average Volume10Days | 427,990 |
| Beta3 Year | 0.0 |
| Bid | 20.09 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 28.27 |
| Day Low | 26.23 |
| 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 | 21.28862 |
| Fifty Day Average Change | 6.72138 |
| Fifty Day Average Change Percent | 0.31572643 |
| Fifty Two Week Change Percent | 8.146715 |
| Fifty Two Week High | 89.84 |
| Fifty Two Week High Change | -61.829994 |
| Fifty Two Week High Change Percent | -0.6882235 |
| Fifty Two Week Low | 11.761 |
| Fifty Two Week Low Change | 16.249 |
| Fifty Two Week Low Change Percent | 1.3816003 |
| Fifty Two Week Range | 11.761 - 89.84 |
| First Trade Date Milliseconds | 1,742,909,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,742,774,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-03-25 |
| 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%) daily percentage change of the underlying stock by entering 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 RDDT Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1931657836 |
| Nav Price | 28.01 |
| Net Assets | 56,786,140.0 |
| Net Expense Ratio | 1.5 |
| Open | 26.34 |
| Pre Market Change | 0.09000015 |
| Pre Market Change Percent | 0.32131436 |
| Pre Market Price | 28.1 |
| Pre Market Time | 1,784,108,546 |
| Previous Close | 27.28 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.72999954 |
| Regular Market Change Percent | 2.6759512 |
| Regular Market Day High | 28.27 |
| Regular Market Day Low | 26.23 |
| Regular Market Day Range | 26.23 - 28.27 |
| Regular Market Open | 26.34 |
| Regular Market Previous Close | 27.28 |
| Regular Market Price | 28.01 |
| Regular Market Time | 1,784,059,200 |
| Regular Market Volume | 316,339 |
| Short Name | GraniteShares 2x Long RDDT Dail |
| Source Interval | 15 |
| Symbol | RDTL |
| Total Assets | 56,786,140 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 41.84157 |
| Trailing Three Month Returns | 41.84157 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.228725 |
| Two Hundred Day Average Change | -3.2187252 |
| Two Hundred Day Average Change Percent | -0.10306937 |
| Type Disp | ETF |
| Volume | 316,339 |
| Yield | 0.0 |
| Ytd Return | -58.23365 |