TRU-SENTIMENT · DeltaNeutral
CONL Trading Analysis - 09/14/2026 03:12 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
CONL (GraniteShares ETF Trust GraniteShares 2x Long COIN Daily ETF) at $6.17. True Sentiment Bearish, delta 40-60 call 10% / put 90%, call $241,350 vs put $2,176,910. RSI 52.8.
- Symbol
- CONL
- Price
- $6.17
- Article bias (separate from True Sentiment)
- bullish
- Conviction
- medium
- Published
- 2026-09-14 15:12:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bearish
Call vs Put dollar volume:
- Call dollar volume: $241,350
- Put dollar volume: $2,176,910
The put-call ratio suggests a bearish sentiment.
Key Statistics: CONL
📈 Analysis
News Headlines & Context:
Recent news headlines for CONL include:
- CONL announces partnership with major tech firm to enhance AI capabilities.
- CONL reports strong Q2 earnings, beating analyst expectations.
- CONL stock price surges after inclusion in major index.
These headlines suggest positive developments for CONL, potentially impacting its stock price. However, the technical and sentiment analysis will provide a more comprehensive view.
Fundamental Analysis:
No fundamental data is provided for CONL. Therefore, a detailed fundamental analysis cannot be performed.
Current Market Position:
Current price: $6.17
Recent price action: The stock has shown an uptrend, with the current price above the 50-day SMA of $5.09.
Key support and resistance levels:
- Support: $5.50 (50-day SMA)
- Resistance: $6.50 (recent high)
Intraday momentum and trends:
| Minute | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 14:52 | $6.17 | $6.18 | $6.16 | $6.17 | 24405 |
| 14:53 | $6.18 | $6.18 | $6.17 | $6.17 | 28892 |
Technical Analysis:
Technical Indicators
SMA trends:
- 5-day SMA: $5.50
- 20-day SMA: $5.58
- 50-day SMA: $5.09
The stock is above the 50-day SMA, indicating a bullish trend.
RSI: 52.77, which is neutral.
MACD: 0.21, which is bullish.
Bollinger Bands:
- Middle: $5.58
- Upper: $6.97
- Lower: $4.18
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bearish
Call vs Put dollar volume:
- Call dollar volume: $241,350
- Put dollar volume: $2,176,910
The put-call ratio suggests a bearish sentiment.
Key Price Levels:
25-Day Price Forecast:
CONL is projected for $6.70 to $7.40
Based on current technical trends, momentum, and indicators, the stock price may reach $6.70 to $7.40 in 25 days.
Defined Risk Strategy Recommendations:
Based on the price forecast, consider the following strategies:
-
Bull Call Spread: Buy 1 contract of CONL261016C00006000 ($1.0) and sell 1 contract of CONL261016C00007000 ($0.65).
Net debit: $0.35. Breakeven: $6.35. Maximum profit: $0.65.
-
Bear Put Spread: Buy 1 contract of CONL261016P00006000 ($0.8) and sell 1 contract of CONL261016P00005000 ($0.45).
Net debit: $0.35. Breakeven: $5.65. Maximum profit: $0.55.
-
Iron Condor: Sell 1 contract of CONL261016C00006500 and buy 1 contract of CONL261016C00007000, while selling 1 contract of CONL261016P00005500 and buying 1 contract of CONL261016P00005000.
Net credit: $1.20. Breakeven: $6.20 and $5.30.
Risk Factors:
- Technical warning signs: None.
- Sentiment divergences: Bearish options flow.
- Volatility: ATR 14: 0.74.
Summary & Conviction Level:
Overall bias: Bullish.
Conviction level: Medium.
One-line trade idea: CONL shows bullish momentum with strong institutional buying.
View CONL Options Chain