SQQQ Options
SQQQ $38.38 · Updated Oct 26, 4:00 PM ET
SQQQ is at $38.38. The nearest expiration, Oct 30, 2026 (4 days out), lists 51 strikes, with 22,800 calls and 4,205 puts traded in the latest session. At-the-money implied volatility is 83.7%. The at-the-money straddle prices a move of about $2.69 (7.0%) by expiration.
SQQQ Options Chain
SQQQ is at $38.38. The nearest expiration, Oct 30, 2026 (4 days out), lists 51 strikes, with 22,800 calls and 4,205 puts traded in the latest session. At-the-money implied volatility is 83.7%. The at-the-money straddle prices a move of about $2.69 (7.0%) by expiration.
SQQQ Gamma Exposure (GEX)
SQQQ total dealer gamma exposure is $7M across all listed expirations. Positive GEX means dealers are net long gamma; their hedging tends to dampen price moves. The call wall is $40.00 and the put wall $35.00.
SQQQ Max Pain
SQQQ max pain for Oct 30, 2026 (4 days out) is $36.00, 6.2% below the current $38.38. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $35.00.
SQQQ Put/Call Ratio
Across every listed SQQQ expiration, the put/call ratio is 0.25 by volume and 0.63 by open interest. More calls than puts are trading. 142,482 puts and 226,959 calls are open in total.
SQQQ Implied Volatility
SQQQ at-the-money implied volatility is 83.7% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 67.3%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
SQQQ Open Interest by Strike
Across all SQQQ expirations, the largest call open interest near the current $38.38 sits at the $40.00 strike (25,534 contracts) and the largest put open interest at $40.00 (10,853). 226,959 calls and 142,482 puts are open in total.
SQQQ Expected Move
The options market prices SQQQ to move about $2.69 (7.0%) by Oct 30, 2026, a range of $35.69 to $41.07. For Nov 27, 2026 (32 days out) the expected move is $6.10 (15.9%).
