thetaOwl

QQQ

Invesco QQQ TrustClose $713.65EOD only
Max Pain
$735.00
Next expiry Jun 24, 2026
Expected Move
±$11.61
1.6% from close
Price Gap
+21.35
Distance to max pain
IV Rank
28
Middle-high premium
P/C OI
1.53
Slightly put-heavy
Consensus
6.0/10
Bearish tilt
Published snapshot: Jun 23, 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
Jun 23, 2026 close
QQQ AI Consensus Report
Analysis based on market close June 24, 2026

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

Conviction
4.0

out of 10

4 out of 10 because all personas have low confidence (5/10) and incompatible trade structures; alignment on gamma and support levels prevents a lower score, but lack of directional consensus caps it.

Where Perspectives Agree

Bearish near-term with $700 as key support; negative gamma amplifies moves; a break below $700 accelerates downside.

Where They Diverge

Directional recommends bearish put spread (target $670) while theta recommends bullish short put spread (target $700 pin) — directly opposite directional bets on the same timeframe.

Top Trade
via theta

Iron condor: Sell 2026-07-17 $700/$699 put wing and $725/$726 call wing for ~$0.50 credit.

Key Risk

Break below $700 invalidates the pin thesis and triggers dealer long delta removal, accelerating decline toward $670.

How to Use These Reports
This ai consensus reflects the market close on June 24, 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.