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QQQ

Invesco QQQ TrustClose $717.54EOD only
Max Pain
$712.00
Next expiry May 26, 2026
Expected Move
±$7.45
1.0% from close
Price Gap
-5.54
Distance to max pain
IV Rank
54
Middle-high premium
P/C OI
1.71
Slightly put-heavy
Consensus
5.5/10
Range bias
Published snapshot: May 22, 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
May 22, 2026 close
QQQ AI Consensus Report
Analysis based on market close April 7, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from April 7, 2026. A newer ai consensus report is available for May 22, 2026.

View latest report
Conviction
6.5

out of 10

6.5 because positioning, negative GEX and concentrated puts align on downside magnet and make a breach mechanically meaningful, but material countervailing institutional flow/call accumulation and near-term IV dynamics could reverse or punish shorts quickly, preventing a higher score.

Where Perspectives Agree

Market is biased toward a lower range into the $572–$580 neighborhood with negative dealer gamma meaning any decisive breach will be amplified; selling defined-risk downside exposure is the common actionable conclusion across views.

Where They Diverge

Flow signals of institutional accumulation and bout of call-heavy buying contradict the directional thesis by implying asymmetric upside should momentum flip; theta wants short-premium into the same levels while flow shows purchases that would steepen IV and punish aggressive short-delta sells — these are direct, opposing forces rather than mere emphasis differences.

Top Trade
via theta

Sell 2026-05-22 570/560 put spread for a net credit (defined-risk put spread), targeting a modest credit

Key Risk

A decisive and sustained break below $570 (dealer gamma flip level) triggered by heavy execution or macro news — consequence: dealers go net long-gamma, liquidity withdraws and downside accelerates into the $560 area, invalidating pin and short-put-heavy trades.

How to Use These Reports
This ai consensus reflects the market close on April 7, 2026.
What the reports do

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.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.