QQQM Open Interest

QQQM has 20,843 call contracts and 11,009 put contracts open across all listed expirations — a put/call open interest ratio of 0.53. Open interest counts the contracts currently outstanding at each strike. This page shows where QQQM positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$298.52
52-week range
$228.00 – $307.11
ATM IV (30d)
18.1%
IV rank
30 / 100
Low
Expected move
±$7.47 (±2.5%)
Put/call OI
0.53
Call-heavy
Max pain
$270
↓ 9.6% below close

QQQM Open Interest by Strike

02.7K5.5K8.2KSpotMax painCall wallPut wall225245265285305325345365

QQQM open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest20,843
Total put open interest11,009
Put/call OI ratio0.53
Open interest rank (31 day)64 / 100
Call wall (largest call OI)$270
Put wall (largest put OI)$275
Top volume strike$300
Volume / OI ratio0.04

QQQM Open Interest Trend

4.3K9.9K15.4K20.9K26.5KCall OIPut OIFeb '26May '26Jul '26

QQQM total call vs. put open interest, past year.

0.280.370.460.550.64Feb '26May '26Jul '26

QQQM put/call open interest ratio, past year.

A put/call open interest ratio of 0.53 means meaningfully more calls than puts are outstanding — a call-heavy, typically bullish positioning profile. In total, 20,843 call contracts and 11,009 put contracts are open across all listed expirations. The put/call OI ratio is little changed from 0.52 in Feb '26 to 0.53 today.

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QQQM Options FAQ

What is QQQM's put/call ratio?

QQQM's put/call open interest ratio is 0.53 as of Jul 10, 2026, with 11,009 put contracts and 20,843 call contracts outstanding.

Which QQQM strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $270 (the call wall) and the largest put open interest sits at $275 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is QQQM open interest unusually high right now?

QQQM's total open interest ranks 64 out of 100 versus the past 31 trading days as of Jul 10, 2026 — in the middle of its recent range.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.