PDDL - GraniteShares 2x Long PDD Daily ETF

The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of PDD Holdings Inc, (NASDAQ: PDD) There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 2 times the cumulative return of PDD for periods greater than a day.

Sector
Financial Services
Industry
Asset Management - Leveraged
Market Cap
$890,468
Beta
0.47
52-Week Range
13.77-43.731
Dividend Yield
$0.09
IPO Date
Jul 15, 2025
Exchange
NASDAQ

PDDL Options Snapshot

Options pricing data for PDDL is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The PDDL 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 PDDL overview questions

What is PDDL?
PDDL is the ticker symbol for GraniteShares 2x Long PDD Daily ETF, an listed exchange-traded fund. The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of PDD Holdings Inc, (NASDAQ: PDD) There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 2 times the cumulative return of PDD for periods greater than a day. Listed on NASDAQ. PDDL 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 are PDDL's key statistics?
GraniteShares 2x Long PDD Daily ETF (PDDL) carries a market capitalization of $890,468, 52-week range of 13.77-43.731. 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 PDDL belong to?
GraniteShares 2x Long PDD 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 PDDL'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 PDDL data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for PDDL, it usually reflects low options liquidity or a recently listed name. 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.