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QQQ

Invesco QQQ TrustClose $729.45EOD only
Max Pain
$724.00
Next expiry May 28, 2026
Expected Move
±$5.79
0.8% from close
Price Gap
-5.45
Distance to max pain
IV Rank
42
Middle-high premium
P/C OI
1.67
Slightly put-heavy
Consensus
5.5/10
Range bias
Published snapshot: May 27, 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 27, 2026 close
QQQ AI Consensus Report
Analysis based on market close April 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 10, 2026. A newer ai consensus report is available for May 26, 2026.

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Conviction
6.5

out of 10

6.5 because short-term signals (concentrated positive GEX, large premium inflow, very low near-week IV) create a robust near-term pin and make selling premium attractive, but conviction is tempered by a clear multi-expiry max-pain below spot and a defined gamma flip level that could rapidly invalidate the short-gamma regime — so the view is strong for days-to-weeks but not through multi-expiry roll risk.

Where Perspectives Agree

Short-term pinning into the $610–$615 corridor with dealers/net flow creating a short-gamma environment that favors front-week premium sellers and keeps spot range-bound into near expiries.

Where They Diverge

Theta and directional align on short-premium tactics but conflict with the structural max-pain/longer-dated risk: directional/flow see a pinned tape while term-structure and max-pain suggest a material downside tail once front-week expiries roll — that longer-dated downside would undermine short-front-week sellers if it begins to price in before expiries. Additionally, if institutional flow is quietly accumulating directional exposure while dealers remain short-gamma, a sudden bid could squeeze shorts and contradict a pure premium-selling plan.

Top Trade
via theta

Sell 2026-04-20 $600/$590 put spread for credit (defined-risk, front-week premium sell)

Key Risk

A sustained break below $582 (gamma-flip) — triggered by either a directional gap or cascading expiry-driven selling — would flip dealer exposure, remove the $610–$615 pin, and accelerate downside toward the next structural support near $570, invalidating the short-front-week premium thesis.

How to Use These Reports
This ai consensus reflects the market close on April 10, 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.