QQQ
Invesco QQQ TrustClose $729.87EOD onlyThis page reflects QQQ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Nearest listed expiration 2026-08-18 shows max pain at $727.00 (2.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-08-14 | $724.00 | 8/14/2026, 11:33:21 PM |
| 2026-08-17Updated | $729.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-18Next | $727.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-19 | $729.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-20 | $730.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-21 | $705.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-24 | $728.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-25 | $729.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-26 | $730.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-27 | $730.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-28 | $720.00 | 8/17/2026, 11:36:40 PM |
| 2026-08-31 | $700.00 | 8/17/2026, 11:36:40 PM |
| 2026-09-04 | $725.00 | 8/17/2026, 11:36:40 PM |
| 2026-09-11 | $715.00 | 8/17/2026, 11:36:40 PM |
| 2026-09-18 | $690.00 | 8/17/2026, 11:36:40 PM |
| 2026-09-25 | $721.00 | 8/17/2026, 11:36:40 PM |
| 2026-09-30 | $700.00 | 8/17/2026, 11:36:40 PM |
| 2026-10-02 | $730.00 | 8/17/2026, 11:36:40 PM |
| 2026-10-16 | $700.00 | 8/17/2026, 11:36:40 PM |
| 2026-10-30 | $724.00 | 8/17/2026, 11:36:40 PM |
| 2026-11-20 | $725.00 | 8/17/2026, 11:36:40 PM |
| 2026-12-18 | $680.00 | 8/17/2026, 11:36:40 PM |
| 2026-12-31 | $685.00 | 8/17/2026, 11:36:40 PM |
| 2027-01-15 | $665.00 | 8/17/2026, 11:36:40 PM |
| 2027-02-19 | $770.00 | 8/17/2026, 11:36:40 PM |
| 2027-03-19 | $700.00 | 8/17/2026, 11:36:40 PM |
| 2027-03-31 | $660.00 | 8/17/2026, 11:36:40 PM |
| 2027-06-17 | $710.00 | 8/17/2026, 11:36:40 PM |
| 2027-06-30 | $705.00 | 8/17/2026, 11:36:40 PM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 495 | 0 | 1297083100 | 1297083100 |
| 500 | 0 | 1245238100 | 1245238100 |
| 505 | 0 | 1200635600 | 1200635600 |
| 510 | 4000 | 1164626100 | 1164630100 |
| 515 | 8000 | 1130950100 | 1130958100 |
| 520 | 12000 | 1098275100 | 1098287100 |
| 525 | 16000 | 1065672100 | 1065688100 |
| 530 | 34000 | 1034893600 | 1034927600 |
| 540 | 70000 | 973384600 | 973454600 |
| 550 | 106000 | 911950600 | 912056600 |
| 555 | 124000 | 881244100 | 881368100 |
| 560 | 142000 | 850542600 | 850684600 |
| 565 | 160000 | 819841600 | 820001600 |
| 570 | 178000 | 789143600 | 789321600 |
| 580 | 214000 | 727767600 | 727981600 |
| 585 | 235000 | 697079600 | 697314600 |
| 590 | 256000 | 666405100 | 666661100 |
| 595 | 292000 | 635743100 | 636035100 |
| 600 | 328000 | 605100600 | 605428600 |
| 605 | 364500 | 574461600 | 574826100 |
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.