NVDL put saleFINALLY we hit the 20 ema!!!
This is over NVDA earnings. I really wouldn't mind owning this stock (again) down at this price!!
NVDL has treated me well. IF NVDA gaps down, REALLLY good chance it gets bought up!
Key stats
About GraniteShares 2x Long NVDA Daily ETF
Home page
Inception date
Dec 13, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
GraniteShares Advisors LLC
Distributor
ALPS Distributors, Inc.
ISIN
US38747R8271
NVDL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of NVIDIA stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 2x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. It may either buy deep in-the-money calls or use a synthetic forward options strategy. Aside from the leverage, the shares take on added volatility due to the lack of diversification.Purchasers should conduct their own stock research prior to initiating a position and trade with conviction. Due to the complexities of the product shares tend to perform as anticipated only when underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
NVDL covered callsI have a few thousand shares. And selling here would create a profit for me. :-) So, I am figured, 3 STRONG up days? NVDA has earnings. And If I sell here, what a nice profit that would be!
NVDL covered callBuy low, sell high? Great premium. NOT that much time really..? Strong resistance. I'll hold this one until expiration because I really wouldn't mind selling at $65
Covered call on NVDL DOING IT AGAIN. I have some shares. If you do not, looks like a great place to buy!
Buy low, sell high
THIS IS over NVDA earnings. But if I can buy to close this sold call for 50% premium capture in the next 2 weeks I will. Otherwise, I would not be upset about selling this stock at $80 for a NIC
NVDLNVDA has had some serious pullbacks and the fundamentals are all intact. These trade levels are for a swing trader to take advantage of the possible scenario of a run into earnings.
Green are load zones
Yellow is start of Sell zones
Red is top.
Not Financial Advice.
New ways of looking at charts Playing with flat top flat bottom indicator to find support resistance and trendlines . Looking at btc with a new pair of eyes while using this tool for the first time. It is easy to spot now of course but is the confluence of price action indicators and market sentiment that make it work .... as l
NVDL covered callThis option is about $4.00 right now. Nice bounce off of the 100/200 SMA. Some "trump" news with Ai and 500B coming into that market is allowing NVDA to slowly creep higher.
Buy low, sell high, right!?
NVDA Multi-Asset Income StrategyRecently, I've been looking a lot at Yield Max ETFs and other options-based yield ETFS more generally such as QDTE, XDTE, RDTE, QQQI, SPYI, YQQQ (inverse), etc.
One possible way to outperform SPY & QQQ, may be to consider investing in such ETFs, though this is purely theoretical s tradingview does
NVDL covered callI like this sideways movement. AND I like the Theta days on this option sale.
:=-)
And if I sell here, that would be a nice profit! Buy low, sell high
NVDL:ABCD patternNVDL:
-ABCD pattern.
-Fibo retracement at golden zone.
-Key level support.
-Demand zone support.
.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
W2R1 assets under management is 4.06 B EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
W2R1 invests in cash. See more details in our Analysis section.
W2R1 expense ratio is 1.06%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, W2R1 is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
W2R1 shares are issued by GraniteShares, Inc.
W2R1 follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 13, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.