What is the current LCDL ATM implied volatility?

As of May 15, 2026, GraniteShares 2x Long LCID Daily ETF (LCDL) at-the-money implied volatility is 24.7%. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.

Is LCDL IV high or low historically?

Strategy choice depends on whether IV is rich or cheap relative to history; consult IV rank alongside the absolute level.

What does LCDL volatility skew tell options traders?

Volatility skew is the pattern by which IV varies across strikes for a given expiration. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.

GraniteShares 2x Long LCID Daily ETF (LCDL) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

GraniteShares 2x Long LCID Daily ETF (LCDL) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $247,532, listed on NASDAQ, carrying a beta of -1.16 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 Lucid Group Inc, (NASDAQ: LCID) There is no guarantee that the Fund will meet its stated objective. Led by Will Rhind, public since 2025-04-21.

Snapshot as of May 15, 2026.

Spot Price: $0.81
ATM IV: 24.7%
Term Structure Slope: -0.059

As of May 15, 2026, GraniteShares 2x Long LCID Daily ETF (LCDL) at-the-money implied volatility is 24.7%. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

LCDL Strategy Selection at Current Volatility Levels

For GraniteShares 2x Long LCID Daily ETF options at 24.7% ATM IV, mid-range IV rank is the regime where directional conviction matters more than vol-regime positioning; strategy choice should follow the event calendar and the dealer-positioning view rather than IV rank alone. Pair the vol-rank read with the dealer-gamma view and the upcoming-events calendar to confirm the strategy fits both the structural regime and the path-dependent risk. The variance risk premium - the persistent gap between implied and subsequently realized vol - is positive in equity markets on average; high IV rank typically reflects a stretch where the premium is wider than usual.

Learn how volatility skew is reported and how to read the data →

Frequently asked LCDL volatility skew questions

What is the current LCDL ATM implied volatility?: As of May 15, 2026, GraniteShares 2x Long LCID Daily ETF (LCDL) at-the-money implied volatility is 24.7%. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.
Is LCDL IV high or low historically?: Strategy choice depends on whether IV is rich or cheap relative to history; consult IV rank alongside the absolute level.
What does LCDL volatility skew tell options traders?: Volatility skew is the pattern by which IV varies across strikes for a given expiration. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.