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QQQ

Invesco QQQ TrustClose $640.47EOD only
Max Pain
$604.00
Next expiry Apr 17, 2026
Expected Move
±$4.49
0.7% from close
Price Gap
-36.47
Distance to max pain
IV Rank
100
High premium
P/C OI
1.51
Slightly put-heavy
Consensus
6.5/10
Consensus signal
Published snapshot: Apr 16, 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 16, 2026 close
QQQ AI Consensus Report
Analysis based on market close April 17, 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 persona alignment on dealer-driven pinning is strong but conviction is capped by recurring large-block flow risk and the potential for swift IV expansion that can invalidate short-premium structures.

Where Perspectives Agree

Dealer short-gamma creates a bullish pin in the mid/upper strike range—delta hedges absorb routine selling and make contained upside more likely near-term.

Where They Diverge

Flow shows episodes of concentrated institutional buying that could overwhelm dealer hedges and produce a breakout, directly contradicting the pinning regime; theta favors selling premium into pinning but also warns that any rapid IV spike would punish short premium trades.

Top Trade
via theta

Sell 2026-05-01 $635/$613 put spread for roughly $1.20 credit (theta play).

Key Risk

A break below $613 on heavy (~20M+ share-equivalent) aggressive selling flips dealer gamma exposure, forces dealer unwind and accelerates downside toward ~$585, invalidating the pin and short-premium stance.

Read the AI Analyst Consensus for QQQ for 2026-04-17. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.