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GraniteShares 2x Long TSM Daily ETF (TSMU)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
58.50 USD +0.36 (0.619%) ⇧ (April 21, 2026, 1:39 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 1:19 a.m. EDT

TSMU is exhibiting a high-conviction short-term bullish setup driven by unprecedented localizing volume in April calls (up 40%-60% on the هفته), signaling that speculators are betting on a continuation of the 177% rally seen year-to-date. The instrument is currently over-capped due to low ATM/V prices, making it dangerous for hedging, but this 'options tax' acts as a magnet for breakout trading. However, investors must strictly avoid long-term holds or dividend chasing, as this is a leveraged daily ETF (2x) with zero dividends and no intrinsic value to anchor the price; any market hiccup will cause rapid erosion of principal.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.084250
AutoETS0.084473
MSTL0.084616
AutoARIMA0.089878

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 77%
H-stat 1.08
Ljung-Box p 0.000
Jarque-Bera p 0.858
Excess Kurtosis -0.38

As of April 19, 2026, 1:19 a.m. EDT: Options flow shows aggressive bullish positioning with significant volume and Open Interest (OI) on calls for April expiration above current price (strikes 53, 60, 63), indicating a bet on further upside momentum within the week. Notable 'New Flow' volume spikes near the 53 and 60 strikes suggest active directional buying. While put activity exists, the OI is significantly lower than calls (0.73 ratio at April exp), and bearish positioning is concentrated at the money. Implied Volatility (IV) remains elevated (1.31 ATM on April 17 calls), which supports potential premiums but suggests realized returns may be compressed if the recent rally persists. The lack of significant 'IV crush' on deep ITM calls compared to OI levels suggests a speculative favor toward the upside rather than a hedge.


Info Dump

Attribute Value
All Time High 69.31
All Time Low 10.3
Ask 75.0
Ask Size 2
Average Daily Volume10 Day 144,740
Average Daily Volume3 Month 90,563
Average Volume 90,563
Average Volume10Days 144,740
Beta3 Year 0.0
Bid 42.08
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 59.6
Day Low 57.9
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 56.55402
Fifty Day Average Change 1.9459801
Fifty Day Average Change Percent 0.034409225
Fifty Two Week Change Percent 352.80374
Fifty Two Week High 69.31
Fifty Two Week High Change -10.809998
Fifty Two Week High Change Percent -0.15596592
Fifty Two Week Low 12.29
Fifty Two Week Low Change 46.21
Fifty Two Week Low Change Percent 3.7599673
Fifty Two Week Range 12.29 - 69.31
First Trade Date Milliseconds 1,731,421,800,000
Full Exchange Name NasdaqGM
Fund Family Graniteshares
Fund Inception Date 1,731,283,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-11-12
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%) daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock as well as as directly purchasing the underlying stock. The fund is non-diversified.
Long Name GraniteShares 2x Long TSM Daily ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1899243077
Nav Price 58.26
Net Assets 38,250,360.0
Net Expense Ratio 1.5
Open 59.345
Previous Close 58.14
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.3600006
Regular Market Change Percent 0.6191961
Regular Market Day High 59.6
Regular Market Day Low 57.9
Regular Market Day Range 57.9 - 59.6
Regular Market Open 59.345
Regular Market Previous Close 58.14
Regular Market Price 58.5
Regular Market Time 1,776,793,192
Regular Market Volume 50,784
Short Name GraniteShares 2x Long TSM Daily
Source Interval 15
Symbol TSMU
Total Assets 38,250,360
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 14.85623
Trailing Three Month Returns 14.85623
Triggerable 1
Two Hundred Day Average 43.47145
Two Hundred Day Average Change 15.028549
Two Hundred Day Average Change Percent 0.34571078
Type Disp ETF
Volume 50,784
Yield 0.0
Ytd Return 14.85623