TSDD - GraniteShares 2x Short TSLA Daily ETF
TSDD is a short-term tactical tool that aims to deliver -2x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -2x multiple. Aside from the inverse leverage exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification.
As of Jun 30, 2026: spot at $6.94, ATM IV 88.7%, max pain $8.00, net GEX -$60.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $37.5M
- Beta
- -2.21
- 52-Week Range
- 6.57-26.74
- Dividend Yield
- $0.65
- IPO Date
- Aug 28, 2023
- Exchange
- NASDAQ
What TSDD Looks Like to Options Traders Today
IV rank of 15.6% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); negative net gamma exposure (-$60) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (-0.022) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The TSDD 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 TSDD overview questions
- What is TSDD?
- TSDD is the ticker symbol for GraniteShares 2x Short TSLA Daily ETF, an listed exchange-traded fund. TSDD is a short-term tactical tool that aims to deliver -2x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -2x multiple. Listed on NASDAQ. TSDD 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 TSDD options snapshot look like today?
- As of Jun 30, 2026, the TSDD options snapshot shows spot at $6.94, ATM IV 88.7%, IV rank 15.6%, max pain $8.00, net GEX -$60, expected move 25.43%. 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 TSDD's key statistics?
- GraniteShares 2x Short TSLA Daily ETF (TSDD) carries a market capitalization of $37.5M, 52-week range of 6.57-26.74. 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 TSDD belong to?
- GraniteShares 2x Short TSLA Daily ETF operates in the Financial Services sector, in the Asset Management 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 TSDD'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 TSDD 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.