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QQQ

Invesco QQQ TrustClose $738.31EOD only
Max Pain
$726.00
Next expiry Jun 1, 2026
Expected Move
±$3.63
0.5% from close
Price Gap
-12.31
Distance to max pain
IV Rank
75
High premium
P/C OI
1.70
Slightly put-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: May 29, 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 29, 2026 close
QQQ AI Consensus Report
Analysis based on market close April 8, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 8, 2026. A newer ai consensus report is available for May 26, 2026.

View latest report
Conviction
6.0

out of 10

Score 6 because strong GEX and concentrated premium create a clear short-term magnet, but conviction is capped by three offsets: concentrated near-term expiries (execution risk), visible protective flow that can absorb/flip the magnet, and a defined gamma-flip level that would rapidly invalidate the pin — any of these can quickly overwhelm the current positioning.

Where Perspectives Agree

Market positioning and dealer gamma create a near-term magnet toward the upper GEX cluster (~$610) — current structure favors a pinned/high-probability grind higher rather than a clean directional breakout.

Where They Diverge

Flow analysis shows heavier institutional selling into the $600 area and accumulation of protective downside puts, which would absorb upside pinning and favor a post-pin fade; that directly contradicts the directional thesis that dealer gamma will sustainably shepherd spot up to $610. Theta wants to keep selling premium into the range, but if flow's protective accumulation is real it increases tail-risk for those short premium trades (undermining theta's safety case).

Top Trade
via directional

Sell 2026-05-08 600/590 put spread for net credit (~$1.00-$1.50) — defined-risk, plays the pin while limiting downside if the gamma flip occurs.

Key Risk

A sustained break below $570 (intra-day close and hold) flips dealer gamma from short to long, removes the pin, triggers accelerated downside toward $555 and forces rapid repricing that invalidates short-premium and pin-based directional trades.

How to Use These Reports
This ai consensus reflects the market close on April 8, 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.