QQQ
Invesco QQQ TrustClose $740.62EOD onlyThis page reflects QQQ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Historical consensus-supported lens with full content, report chain context, and metric rail.
Flow Verdict
Watch next session: Monitor gamma flip at 660; 0DTE decay impact
Flow Summary
Net premium: +$18.0M bullish
P/C volume ratio: 1.04
P/C OI ratio: 1.54
Notable Prints
Read-through: High volume vs OI, low premium
Read-through: Massive volume, low cost, high IV
Read-through: Volume 134x OI, IV 4.9
Read-through: High put volume, near spot
Read-through: Nearly worthless, high volume
Institutional Positioning
Call additions: Heavy call volume at 736-739 (OTM) and 743-746 strikes, plus 6/24 weekly calls at 738
Put additions: Significant put volume at 736-737 and 740 strikes, consistent with elevated put/call ratios
GEX/DEX consistency: Mixed: negative GEX (dealer short gamma) vs positive DEX (net long delta) reflects hedging of put-heavy flow
OI clusters: Put OI concentration 10.6% below spot near 660 gamma flip; low OI at active strikes suggests new positioning
Hedging evidence: High put volume suggests protective or speculative bearish bets; no clear collar evidence
Max pain context: Spot at max pain ($737) supports pinning; mixed flow may limit breakout
Signal vs Noise
Key Conclusions
Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.
Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.
These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.