GraniteShares 2x Long NVDA Daily ETF (NVDL) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

GraniteShares 2x Long NVDA Daily ETF (NVDL) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $4.01B, listed on NASDAQ, carrying a beta of 3.62 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 NVIDIA Corp, (NASDAQ: NVDA) There is no guarantee that the Fund will meet its stated objective. public since 2022-12-13.

Snapshot as of May 15, 2026.

Spot Price
$119.27
Total OI
196.6K
Total Volume
25.6K
Front Expiration
28 days
Second Expiration
34 days
ATM IV
94.7%
Avg Bid/Ask Spread
16.42%

As of May 15, 2026, GraniteShares 2x Long NVDA Daily ETF (NVDL) has 196.6K open contracts and 25.6K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 94.7%. Average bid/ask spread across the chain is 16.42%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How NVDL options chain Data Feeds Strategy Selection

Strategy selection on GraniteShares 2x Long NVDA Daily ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 94.7% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain 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 the options chain is reported and how to read the data →

Frequently asked NVDL options chain questions

What does the NVDL options chain show right now?
As of May 15, 2026, GraniteShares 2x Long NVDA Daily ETF (NVDL) has 196.6K contracts outstanding and 25.6K traded today, with ATM IV of 94.7%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for NVDL options?
The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are NVDL options bid/ask spreads?
Average bid/ask spread across the chain is 16.42%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.