MULL - GraniteShares 2x Long MU Daily ETF
The GraniteShares 2x Long MU Daily ETF (MULL) is designed to achieve investment returns, before accounting for its fees and expenses, that are double (200%) the daily percentage change of Micron Technology Inc. 's common stock (NASDAQ: MU). It's important to note that there's no assurance the fund will consistently meet this daily target.
As of Jun 30, 2026: spot at $37.48, ATM IV 187.8%, max pain $25.00, net GEX $858.3K.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $212.6M
- Beta
- 9.68
- 52-Week Range
- 0.5872-43.5264
- Dividend Yield
- $0.35
- IPO Date
- Nov 12, 2024
- Exchange
- NASDAQ
What MULL Looks Like to Options Traders Today
IV rank of 72.0% signals elevated pricing relative to the 1-year history, conditions that typically favor premium-selling structures (credit spreads, iron condors, covered calls); positive net gamma exposure ($858.3K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.042) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The MULL 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 MULL overview questions
- What is MULL?
- MULL is the ticker symbol for GraniteShares 2x Long MU Daily ETF, an listed exchange-traded fund. The GraniteShares 2x Long MU Daily ETF (MULL) is designed to achieve investment returns, before accounting for its fees and expenses, that are double (200%) the daily percentage change of Micron Technology Inc. 's common stock (NASDAQ: MU). Listed on NASDAQ. MULL 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 MULL options snapshot look like today?
- As of Jun 30, 2026, the MULL options snapshot shows spot at $37.48, ATM IV 187.8%, IV rank 72.0%, max pain $25.00, net GEX $858.3K, expected move 53.84%. 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 MULL's key statistics?
- GraniteShares 2x Long MU Daily ETF (MULL) carries a market capitalization of $212.6M, 52-week range of 0.5872-43.5264. 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 MULL belong to?
- GraniteShares 2x Long MU 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 MULL'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 MULL 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.