CONL GraniteShares ETF Trust GraniteShares 2x Long COIN Daily ETF
ETF 5.62 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $3.56 – $52.40
- YTD
- -64.80%
- IV Rank (30D)
- 9.8
- Straddle Price
- $1.73
- P/C Vol Ratio
- 0.11
GraniteShares ETF Trust GraniteShares 2x Long COIN Daily ETF (CONL) ETF
- Exchange
- XNAS
- Inception
- 2022-08-08
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2024-02-27 | 2024-02-29 | $0.1086 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | Clear Street | 112.09% | Derivative (equity) | US |
| — | Treasury Bill | 79.57% | Debt | US |
| — | Nomura Securities | 31.44% | Derivative (equity) | US |
| — | Natixis Securities | 25.07% | Derivative (equity) | US |
| — | BMO Capital Markets | 14.50% | Derivative (equity) | US |
| — | Goldman Sachs | 10.57% | Derivative (equity) | US |
| — | Cowen Group | 6.09% | Derivative (equity) | US |
| — | Treasury Bill | 5.39% | Debt | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Derivative (equity) | 199.77% | $927.3M | 6 |
| US Treasury | 84.95% | $394.3M | 2 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +14.51% | 4 |
| Feb | +22.17% | 4 |
| Mar | -5.72% | 4 |
| Apr | -2.46% | 4 |
| May | +15.53% | 4 |
| Jun | +12.32% | 4 |
| Jul | +17.79% | 4 |
| Aug | -8.25% | 5 |
| Sep | +1.15% | 5 |
| Oct | +8.25% | 5 |
| Nov | +31.21% | 4 |
| Dec | -11.73% | 4 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL with confidence level (6/10)
Key Drivers:
- Technical indicators suggest a neutral trend, with RSI indicating overbought conditions.
- MACD is bullish, but the histogram is relatively small, suggesting limited momentum.
- Bollinger Bands are expanding, indicating increasing volatility.
Primary Risks:
- High volatility and beta (>1.5) indicate potential for significant price swings.
- Options market pricing a $3.50 move by expiration, which may not be fully reflected in current prices.
Investment Thesis:
CONL is likely to consolidate within its current range, potentially bouncing off the lower Bollinger Band. However, with high volatility and beta, there's a risk of significant price swings.
Recent News Sentiment Impact:
The recent news headlines were neutral, focusing on general market commentary and sector performance. This lack of directional bias has contributed to CONL's consolidation.
Technical Analysis
Trend Direction: Short-term (1-4 weeks) - Neutral; Medium-term (1-3 months) - Bearish; Long-term (3-12 months) - Bullish
Support/Resistance Levels:
- Lower Bollinger Band: $7.39
- Middle Band: $8.78
- Upper Band: $10.17
- SMA 50: $8.46
- EMA 26: $8.56
Momentum Signals:
- RSI (14): 51.56 (neutral)
- MACD: Bullish with a small histogram, indicating limited momentum.
- Bollinger Bands are expanding, suggesting increasing volatility.
Volume Analysis:
- Volume SMA 20: 21445573.16
- On-Balance Volume (OBV): -45056786.08 (bearish)
- Volume Rate of Change: -13.77% (indicating decreasing volume)
News & Sentiment Analysis
Recent Headlines Summary:
The recent news headlines were neutral, focusing on general market commentary and sector performance.
Sentiment Assessment:
Aggregate sentiment is NEUTRAL, with no directional bias or significant market-moving events.
Catalyst Identification:
No near-term catalysts are apparent, but CONL's high beta and volatility may make it susceptible to sudden price swings.
Market Narrative:
The lack of directional bias in recent news headlines has contributed to CONL's consolidation. The options market is pricing a $3.50 move by expiration, which may not be fully reflected in current prices.
Risk & Volatility Assessment
Risk Interpretation:
Beta: 6.29 (vs SPY) - High risk relative to the market.
Volatility Regime:
Current volatility levels are higher than historical averages, indicating increased uncertainty.
Options Market Signals:
- IV Rank: 61.5% (Medium)
- Current IV: 279.0%
- Expected Move: $3.50 (39 DTE), 7-DTE: $1.27
- Volume Flow: 3,843 calls vs 8,043 puts (bearish sentiment)
Downside Protection:
Support levels are the lower Bollinger Band ($7.39) and the SMA 50 ($8.46).
Market Context & Positioning
Sector Performance:
CONL is performing in line with its sector.
Institutional Activity:
Volume patterns suggest institutional interest, but it's not sufficient to drive significant price movements.
Correlation Analysis:
CONL has a moderate correlation (0.55) with the SPY, indicating some market influence.
Relative Valuation:
CONL is trading within its historical range and is relatively cheap compared to its peers.
Key Levels & Action Items
Critical Price Levels:
- Lower Bollinger Band: $7.39
- Middle Band: $8.78
- Upper Band: $10.17
- SMA 50: $8.46
- EMA 26: $8.56
Breakout/Breakdown Levels:
- Breakout above the upper band ($10.17) could signal a bullish move.
- Breakdown below the lower Bollinger Band ($7.39) could indicate a bearish trend.
Time-Sensitive Catalysts:
No near-term catalysts are apparent, but CONL's high beta and volatility may make it susceptible to sudden price swings.
Risk Management:
Stop-loss levels should be set at the lower Bollinger Band ($7.39). Position sizing considerations include the expected move of $3.50 by expiration.
- IV Rank (30D)
- 9.8
- IV Rank (7D)
- 27.14
- Avg IV
- 148.2%
- Straddle (30D)
- $1.73
- Straddle (7D)
- $0.60
- P/C Volume
- 0.11
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- 5.69
- Correlation (SPY)
- 51.6%
- R²
- 0.27
- Ann. Volatility
- 143.5%
- SPY Volatility
- 13.0%
High volatility - stock moves more than market
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