thetaOwl

QQQ

Invesco QQQ TrustClose $713.15EOD only
Max Pain
$705.00
Next expiry May 21, 2026
Expected Move
±$8.39
1.2% from close
Price Gap
-8.15
Distance to max pain
IV Rank
41
Middle-high premium
P/C OI
1.66
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 20, 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 20, 2026 close
QQQ AI Consensus Report
Analysis based on market close May 19, 2026

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

You are viewing an older report from May 19, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
5.5

out of 10

5.5 not lower because agreement on pin exists, but not higher because flows are mixed and VIX at 18 provides offset; earnings not a factor.

Where Perspectives Agree

All personas point to a pin near max pain (~$700) with dealer short gamma amplifying moves, but confidence is moderate due to mixed signals.

Where They Diverge

Directional bearish bias conflicts with Theta's neutral iron condor and Flow's mixed heavy call buying against high put OI, though all acknowledge uncertainty.

Top Trade
via theta

Sell 2026-06-12 $684/$659 put and $724/$742 call iron condor for a credit capturing pin.

Key Risk

Break below $674 support or above $705 resistance invalidates the pin, triggering dealer gamma flip and accelerating move.

How to Use These Reports
This ai consensus reflects the market close on May 19, 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.