NOTICE:
$INTW es leverage 2x — trade with caution
INTW tracks Intel’s price ($INTC ) through the GraniteShares 2x Long INTC ETF. This means it doubles the stock’s daily percentage move — for better and for worse.
So if Intel rises 5%, this ETF moves 10%, and vice versa; it can be a good option if you fully understand how it moves: rallies are amplified, but so are the drops.
If you also add leverage via futures (x5, x10), you’re multiplying the risk twice — first by the product, then by your position. The sharp moves you see here aren’t random; they’re inherent to the instrument.
Always do your own research (DYOR). This isn’t financial advice—just context so you trade with your eyes open.