GraniteShares 2x Long SMCI Daily ETF (SMCL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
10.70 USD
-0.52
(-4.635%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 2:57 a.m. EDT
The GraniteShares 2x Long SMCI Daily ETF is currently in a severe downtrend, having lost nearly 90% of its value from its peak of $187 to trade around $11. This instrument is a leveraged bet on Super Micro Computer, and the underlying asset has suffered a catastrophic multi-year decline. The recent price action confirms this bearish thesis, with the fund trading well below its 50-day and 200-day moving averages, indicating persistent selling pressure. While the fund recently announced a 3-for-1 stock split, this is a cosmetic adjustment that does not alter the fundamental reality of the steep losses incurred. With no dividend history to provide income and a statistical forecasting model showing very low reliability due to the asset's erratic behavior, there is no safety net for investors. The heavy put activity in the options chain reflects a market expecting further downside, making this a high-risk speculative vehicle unsuitable for capital preservation. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.337830 |
| AutoARIMA | 0.349256 |
| MSTL | 0.352170 |
| AutoTheta | 0.593045 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 1.36 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.138 |
| Excess Kurtosis | -0.60 |
As of July 11, 2026, 2:57 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated in strikes significantly below the current price (e.g., $2.00, $8.33), while call activity is sparse and dominated by deep out-of-the-money speculative bets. The implied volatility surface shows massive spikes for far-out strikes, indicating extreme fear of a collapse rather than a rally. The dominance of ITM put positioning suggests a 'buy the dip' strategy or hedging against a continued decline, with very little near-term bullish conviction.
| Attribute | Value |
|---|---|
| All Time High | 364.46667 |
| All Time Low | 8.6 |
| Ask | 10.76 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 691,240 |
| Average Daily Volume3 Month | 1,424,306 |
| Average Volume | 1,424,306 |
| Average Volume10Days | 691,240 |
| Beta3 Year | 0.0 |
| Bid | 10.66 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.12 |
| Day Low | 10.3399 |
| 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 | 20.363907 |
| Fifty Day Average Change | -9.663907 |
| Fifty Day Average Change Percent | -0.47456056 |
| Fifty Two Week Change Percent | -90.88618 |
| Fifty Two Week High | 187.0 |
| Fifty Two Week High Change | -176.3 |
| Fifty Two Week High Change Percent | -0.9427808 |
| Fifty Two Week Low | 8.6 |
| Fifty Two Week Low Change | 2.0999994 |
| Fifty Two Week Low Change Percent | 0.24418597 |
| Fifty Two Week Range | 8.6 - 187.0 |
| First Trade Date Milliseconds | 1,734,100,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,733,788,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-12-12 |
| 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 underlying stock. The fund is non-diversified. |
| Long Name | GraniteShares 2x Long SMCI Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1899243078 |
| Nav Price | 11.21 |
| Net Assets | 39,217,748.0 |
| Net Expense Ratio | 1.5 |
| Open | 10.65 |
| Previous Close | 11.22 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.52 |
| Regular Market Change Percent | -4.63459 |
| Regular Market Day High | 11.12 |
| Regular Market Day Low | 10.3399 |
| Regular Market Day Range | 10.3399 - 11.12 |
| Regular Market Open | 10.65 |
| Regular Market Previous Close | 11.22 |
| Regular Market Price | 10.7 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 363,813 |
| Short Name | GraniteShares 2x Long SMCI Dail |
| Source Interval | 15 |
| Symbol | SMCL |
| Total Assets | 39,217,748 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 7.36842 |
| Trailing Three Month Returns | 7.36842 |
| Triggerable | 1 |
| Two Hundred Day Average | 40.526245 |
| Two Hundred Day Average Change | -29.826244 |
| Two Hundred Day Average Change Percent | -0.73597354 |
| Type Disp | ETF |
| Volume | 363,813 |
| Yield | 0.0 |
| Ytd Return | -59.38053 |