CONL - GraniteShares 2x Long COIN Daily ETF

This exchange-traded fund (ETF) is designed to deliver daily returns that are two times (200%) the daily percentage movement of Coinbase Global Inc. 's common stock, traded as COIN on NASDAQ, before accounting for its own fees and expenses. It is crucial to understand that the fund's ability to achieve this specified objective each day is not guaranteed.

As of Jun 30, 2026: spot at $4.25, ATM IV 132.0%, max pain $6.00, net GEX $17.0K.

Sector
Financial Services
Industry
Asset Management - Leveraged
Market Cap
$163.5M
Beta
7.75
52-Week Range
3.882-72.345
Dividend Yield
$0.11
IPO Date
Aug 10, 2022
Exchange
NASDAQ

What CONL Looks Like to Options Traders Today

IV rank of 20.9% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($17.0K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.096) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The CONL overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked CONL overview questions

What is CONL?
CONL is the ticker symbol for GraniteShares 2x Long COIN Daily ETF, an listed exchange-traded fund. This exchange-traded fund (ETF) is designed to deliver daily returns that are two times (200%) the daily percentage movement of Coinbase Global Inc. 's common stock, traded as COIN on NASDAQ, before accounting for its own fees and expenses. Listed on NASDAQ. CONL is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the CONL options snapshot look like today?
As of Jun 30, 2026, the CONL options snapshot shows spot at $4.25, ATM IV 132.0%, IV rank 20.9%, max pain $6.00, net GEX $17.0K, expected move 37.84%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are CONL's key statistics?
GraniteShares 2x Long COIN Daily ETF (CONL) carries a market capitalization of $163.5M, 52-week range of 3.882-72.345. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does CONL belong to?
GraniteShares 2x Long COIN Daily ETF operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare CONL's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the CONL data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.