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QQQ

Invesco QQQ TrustClose $712.60EOD only
Max Pain
$725.00
Next expiry Jul 6, 2026
Expected Move
±$8.98
1.3% from close
Price Gap
+12.40
Distance to max pain
IV Rank
15
Low premium
P/C OI
1.43
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects QQQ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 2, 2026 close
Max Pain — QQQ
Data as of market close Jul 2, 2026
Open Directional Report

Nearest listed expiration 2026-07-06 shows max pain at $725.00 (12.40 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$725.00
Nearest expiry
Expected Move
±$8.98
±1.3%
Days to Expiry
4
Calendar days
Total Call OI
63,634
Nearest expiry
Total Put OI
106,621
Nearest expiry
P/C OI Ratio
1.68
Put-heavy
Spot Price
$712.60
Published close
Consensus
6.5/10
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-06
ExpirationMax Pain StrikeLast Updated
2026-07-01$723.007/1/2026, 11:30:16 PM
2026-07-02$725.007/2/2026, 11:32:16 PM
2026-07-06NextUpdated$725.007/3/2026, 11:25:32 PM
2026-07-07$724.007/3/2026, 11:25:32 PM
2026-07-08$725.007/3/2026, 11:25:32 PM
2026-07-09$715.007/3/2026, 11:25:32 PM
2026-07-10$728.007/3/2026, 11:25:32 PM
2026-07-17$718.007/3/2026, 11:25:32 PM
2026-07-24$725.007/3/2026, 11:25:32 PM
2026-07-31$723.007/3/2026, 11:25:32 PM
2026-08-07$719.007/3/2026, 11:25:32 PM
2026-08-21$710.007/3/2026, 11:25:32 PM
2026-08-31$720.007/3/2026, 11:25:32 PM
2026-09-18$675.007/3/2026, 11:25:32 PM
2026-09-30$690.007/3/2026, 11:25:32 PM
2026-10-16$700.007/3/2026, 11:25:32 PM
2026-12-18$665.007/3/2026, 11:25:32 PM
2026-12-31$680.007/3/2026, 11:25:32 PM
2027-01-15$640.007/3/2026, 11:25:32 PM
2027-03-19$680.007/3/2026, 11:25:32 PM
2027-03-31$665.007/3/2026, 11:25:32 PM
2027-06-17$680.007/3/2026, 11:25:32 PM
Selected expiration: 2026-07-06 at max pain $725.00.
QQQ pain by strike for 2026-07-06 expiration
StrikeCall PainPut PainTotal Pain
495016038928001603892800
500015516348001551634800
505014997233001499723300
510014478558001447855800
51550013960538001396054300
520100013446358001344636800
525150012932878001293289300
530200012419628001241964800
535250011907468001190749300
540300011411813001141184300
545350010920293001092032800
550400010435673001043571300
5554500996681800996686300
5605000951449300951454300
5655500910475300910480800
5706000870917300870923300
5756500833870800833877300
5807000797139800797146800
5857500761086300761093800
5908000725313300725321300
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

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.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.