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QQQ

Invesco QQQ TrustClose $617.39EOD only
Max Pain
$600.00
Next expiry Apr 14, 2026
Expected Move
±$3.90
0.6% from close
Price Gap
-17.39
Distance to max pain
IV Rank
92
High premium
P/C OI
1.49
Slightly put-heavy
Consensus
6.5/10
Range bias
Published snapshot: Apr 13, 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
Apr 13, 2026 close
QQQ AI Consensus Report
Analysis based on market close April 13, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.5

out of 10

6.5 because positioning and large positive GEX create a strong mechanical magnet, but material protective put flow below the pin plus a non-trivial gamma‑flip level (~$570) and near‑term concentrated expiries mean a single downside re‑rate or intraday squeeze can invalidate the bias — enough alignment to trade it, not enough to ignore event risk and flow friction.

Where Perspectives Agree

Market is pinned toward the 618–620 area driven by dealer short‑gamma and concentrated call flow; the dominant actionable view across personas is a neutral-to-mildly-bullish range bias that favors defined-risk premium selling against the magnet.

Where They Diverge

Flow ink shows a meaningful tranche of institutional protective buying (puts) beneath the pin, which directly contradicts the directional pin thesis by signaling asymmetric downside hedging that could overwhelm dealer supply if volatility re-prices; theta wants to harvest premium into the pin, but that selling would be undermined if the protective flow forces an IV re-steepen and pushes price lower.

Top Trade
via theta

Sell May 15 2026 605/595 put spread for credit (theta play) — defined‑risk premium sell to capture pin tilt.

Key Risk

A daily close below $570 (gamma‑flip trigger) that reverses dealer short‑gamma to long and causes an IV repricing — consequence: the pin collapses and price accelerates toward the $540 structural gap, invalidating the neutral/bullish income thesis.

Read the AI Analyst Consensus for QQQ for 2026-04-13. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.