QQQ Options Flow
Invesco QQQ Trust
Track QQQ options flow, gamma exposure, and unusual activity in real-time.
Recent QQQ Options Flow
Live institutional order flow from the Options Flow scanner
| Time | Type | Strike | Expiry | Premium | Sentiment |
|---|---|---|---|---|---|
| 3:51 PM | CALL SWEEP | $510 | 3/7/26 | $476,000 | BULLISH |
| 3:28 PM | PUT BLOCK | $500 | 2/28/26 | $245,000 | BEARISH |
| 2:43 PM | CALL SWEEP | $508 | 3/21/26 | $792,000 | BULLISH |
| 1:55 PM | CALL BLOCK | $515 | 4/17/26 | $1,248,000 | BULLISH |
| 1:12 PM | PUT SWEEP | $505 | 3/7/26 | $387,000 | BEARISH |
| 12:31 PM | CALL BLOCK | $512 | 3/21/26 | $645,000 | BULLISH |
| 11:47 AM | PUT SWEEP | $498 | 2/28/26 | $134,000 | NEUTRAL |
| 10:18 AM | CALL BLOCK | $520 | 4/17/26 | $892,000 | BULLISH |
Double-click any trade in the live product to see detailed charts and P&L tracking
QQQ Gamma Exposure Dashboard
Interactive GEX analysis with heatmap, chart, and table views
| Strike | 2/21 | 2/24 | 2/28 | 3/21 | 3/7 | 4/18 |
|---|---|---|---|---|---|---|
| $522 | 149.8M | 127.3M | 104.9M | 59.9M | 82.4M | 37.4M |
| $520 | 171.2M | 145.5M | 119.8M | 68.5M | 94.2M | 42.8M |
| $519 | 201.1M | 171.0M | 140.8M | 80.5M | 110.6M | 50.3M |
| $517 | 239.7M | 203.7M | 167.8M | 95.9M | 131.8M | 59.9M |
| $515 | 286.7M | 243.7M | 200.7M | 114.7M | 157.7M | 71.7M |
| $514 | 342.4M | 291.0M | 239.7M | 136.9M | 188.3M | 85.6M |
| $512 | 325.3M | 276.5M | 227.7M | 130.1M | 178.9M | 81.3M |
| $510 | 308.1M | 261.9M | 215.7M | 123.3M | 169.5M | 77.0M |
| $508 | 282.5M | 240.1M | 197.7M | 113.0M | 155.4M | 70.6M |
| $507 | 256.8M | 218.3M | 179.7M | 102.7M | 141.2M | 64.2M |
| $505 | 214.0M | 181.9M | 149.8M | 85.6M | 117.7M | 53.5M |
| $503 | 162.6M | 138.2M | 113.8M | 65.1M | 89.4M | 40.7M |
| $502 | 102.7M | 87.3M | 71.9M | 41.1M | 56.5M | 25.7M |
| $500 | 42.8M | 36.4M | 30.0M | 17.1M | 23.5M | 10.7M |
| $498 | -17.1M | -14.6M | -12.0M | -6.8M | -9.4M | -4.3M |
| $496 | -68.5M | -58.2M | -47.9M | -27.4M | -37.7M | -17.1M |
| $495 | -68.5M | -58.2M | -47.9M | -27.4M | -37.7M | -17.1M |
| $493 | -64.2M | -54.6M | -44.9M | -25.7M | -35.3M | -16.0M |
| $491 | -59.9M | -50.9M | -41.9M | -24.0M | -33.0M | -15.0M |
| $490 | -64.2M | -54.6M | -44.9M | -25.7M | -35.3M | -16.0M |
| $488 | -51.4M | -43.7M | -35.9M | -20.5M | -28.2M | -12.8M |
QQQ Options Market Statistics
Key metrics for Invesco QQQ Trust
About QQQ Options
QQQ tracks the Nasdaq-100 and serves as the pure-play bet on big tech. Options flow in QQQ reveals how traders are positioning around tech earnings season, Fed policy impacts on growth stocks, and rotation risk. Unlike SPY, QQQ flow tilts heavily call-biased in bull markets - retail loves leveraged tech exposure.
Reading QQQ Options Flow
QQQ flow splits between earnings-driven directional bets and sector rotation hedges. Watch for call sweeps ahead of AAPL/MSFT/NVDA earnings - institutions often pre-position in QQQ rather than single names for diversification. When you see large put blocks with 60+ DTE during tech rallies, that's smart money buying insurance, not betting on a crash.
QQQ Gamma Exposure Insights
QQQ gamma exposure is heavily influenced by tech earnings cycles. During earnings season, GEX profiles flatten as implied volatility spikes and dealers reduce exposure. Outside earnings, QQQ exhibits strong gamma walls at round strikes where retail call selling concentrates. The flip level often sits 2-3% below spot - tech's volatility keeps dealers short gamma more often than SPY.
Related Concepts
Learn more about the key terms for QQQ options trading
Frequently Asked Questions
QQQ options flow tracks institutional and retail positioning in Nasdaq-100 options. Because QQQ concentrates exposure in mega-cap tech (AAPL, MSFT, NVDA make up ~30% of weight), its flow reflects sentiment on tech broadly and interest rate sensitivity of growth stocks.
QQQ GEX reveals where dealers are positioned in tech options. High positive GEX at round strikes (500, 505, 510) acts as price support during tech rallies. During selloffs, negative GEX zones accelerate moves lower. QQQ's flip level is more volatile than SPY due to tech's higher beta - watch it daily.
Unusual QQQ activity often precedes sector rotation or tech earnings moves. Large call sweeps in QQQ ahead of mega-cap earnings signal bullish positioning. Put blocks during rallies indicate hedging. Watch for QQQ/SPY flow divergence - if QQQ puts spike while SPY is neutral, that's tech-specific risk.
QQQ is the preferred hedging vehicle for tech exposure. Rather than trading options on individual stocks, institutions often use QQQ to express sector views or hedge portfolio risk. Earnings season drives massive volume as traders position for clustered announcements from AAPL, MSFT, NVDA, and META.
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