Graniteshares 2x Long SK Hynix Daily ETF (SKUU)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
15.34 USD
-2.03
(-11.692%) ⇩
(Oct. 16, 2026, 2:20 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 1:22 a.m. EDT
This instrument is a high-octane leveraged play on a single semiconductor stock, making it inherently volatile and unsuitable for traditional long-term holding strategies. The underlying business, SK Hynix, is showing signs of recovery with record profits, which provides a logical floor for the thesis, but the ETF structure amplifies every daily move, turning a standard market correction into a catastrophic drawdown for the fund. The options data confirms this fear: traders are buying deep protection against a crash while betting on a volatile surge, creating a fragile environment where a single bad day can erase months of gains. With no dividend to cushion the blow and a history of leveraged funds struggling during choppy markets, the risk-reward profile is skewed heavily against the buyer. It remains a speculative vehicle for aggressive traders with a short-term horizon, not a core portfolio component. |
As of Oct. 10, 2026, 1:22 a.m. EDT: Speculators are heavily positioning for volatility rather than a specific directional breakout. Call Open Interest is overwhelmingly concentrated in Out-of-the-Money strikes (over 90% of total OI), creating a massive 'wall' of resistance around the $28-$29 range for near-term expirations. This suggests traders expect a sharp spike but are hedging against a drop below current levels. Conversely, Put Open Interest is heavily skewed toward deep In-the-Money strikes ($5-$15), indicating a significant hedge against a severe crash or a bet on the leveraged nature of the fund decaying rapidly if the underlying stock stalls.
| Attribute | Value |
|---|---|
| All Time High | 38.8 |
| All Time Low | 14.66 |
| Ask | 20.84 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 1,977,310 |
| Average Daily Volume3 Month | 5,299,493 |
| Average Volume | 5,299,493 |
| Average Volume10Days | 1,977,310 |
| Beta3 Year | 0.0 |
| Bid | 20.7 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 16.25 |
| Day Low | 15.18 |
| Display Name | 2x Long SK Hynix Daily ETF |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.0514 |
| Fifty Day Average Change | -9.712299 |
| Fifty Day Average Change Percent | -0.3876949 |
| Fifty Two Week Change Percent | -54.964996 |
| Fifty Two Week High | 38.8 |
| Fifty Two Week High Change | -23.4609 |
| Fifty Two Week High Change Percent | -0.60466236 |
| Fifty Two Week Low | 14.66 |
| Fifty Two Week Low Change | 0.67910004 |
| Fifty Two Week Low Change Percent | 0.046323333 |
| Fifty Two Week Range | 14.66 - 38.8 |
| First Trade Date Milliseconds | 1,784,035,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.030901 |
| Fullday Change Percent | -11.692002 |
| Fullday Price | 15.3391 |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,783,900,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,026-07-14 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund has adopted a policy to have at least 80% of its investment exposure to financial instruments with economic characteristics that should have 2 times the performance of the Underlying Stock. |
| Long Name | Graniteshares 2x Long SK Hynix Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_2006192916 |
| Nav Price | 17.72 |
| Net Assets | 192,332,528.0 |
| Net Expense Ratio | 1.5 |
| Open | 16.25 |
| Previous Close | 17.37 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.030901 |
| Regular Market Change Percent | -11.692002 |
| Regular Market Day High | 16.25 |
| Regular Market Day Low | 15.18 |
| Regular Market Day Range | 15.18 - 16.25 |
| Regular Market Open | 16.25 |
| Regular Market Previous Close | 17.37 |
| Regular Market Price | 15.3391 |
| Regular Market Time | 1,792,174,831 |
| Regular Market Volume | 2,132,515 |
| Short Name | GraniteShares 2x Long SK Hynix |
| Source Interval | 15 |
| Symbol | SKUU |
| Total Assets | 192,332,528 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 24.592388 |
| Two Hundred Day Average Change | -9.253288 |
| Two Hundred Day Average Change Percent | -0.37626636 |
| Type Disp | ETF |
| Volume | 2,132,515 |