GraniteShares 2x Long AMD Daily ETF (AMDL) IV/HV History

Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.

GraniteShares 2x Long AMD Daily ETF (AMDL) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $2.32B, listed on NASDAQ, carrying a beta of 8.21 to the broader market. The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Advanced Micro Devices, Inc, (NASDAQ: AMD) There is no guarantee that the Fund will meet its stated objective. public since 2024-03-18.

Snapshot as of May 15, 2026.

Spot Price
$49.19
ATM IV
131.4%
HV 20-Day
175.8%
HV 60-Day
135.3%
IV Rank
78.6%
IV Percentile
89.7%

As of May 15, 2026, GraniteShares 2x Long AMD Daily ETF (AMDL) ATM implied volatility is 131.4%. 20-day realized volatility is 175.8%, producing an IV-HV spread of -44.4 vol points. Realized volatility currently exceeds implied, an inversion that can signal a pending IV expansion. IV rank is 78.6%.

How AMDL iv/hv history Data Feeds Strategy Selection

Strategy selection on GraniteShares 2x Long AMD Daily ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 131.4% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how implied vs realized volatility is reported and how to read the data →

Frequently asked AMDL iv/hv history questions

Is AMDL options pricing rich or cheap right now?
As of May 15, 2026, GraniteShares 2x Long AMD Daily ETF (AMDL) ATM IV is 131.4% against 20-day realized volatility of 175.8%. IV rank is 78.6%. Realized volatility currently exceeds implied: an inversion of the typical equity volatility risk premium that often precedes IV expansion.
What is the AMDL variance risk premium?
The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. AMDL is currently pricing inverted to the historical pattern, which is one input to whether short-vol or long-vol structures carry their typical edge.
What does AMDL IV rank mean for strategy selection?
IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. AMDL's current rank of 78.6% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.