TQQQ Options
TQQQ $68.43 · Updated Oct 26, 4:00 PM ET
TQQQ is at $68.43. The nearest expiration, Oct 28, 2026 (2 days out), lists 36 strikes, with 16,453 calls and 10,232 puts traded in the latest session. At-the-money implied volatility is 78.0%. The at-the-money straddle prices a move of about $3.16 (4.6%) by expiration.
TQQQ Options Chain
TQQQ is at $68.43. The nearest expiration, Oct 28, 2026 (2 days out), lists 36 strikes, with 16,453 calls and 10,232 puts traded in the latest session. At-the-money implied volatility is 78.0%. The at-the-money straddle prices a move of about $3.16 (4.6%) by expiration.
TQQQ Gamma Exposure (GEX)
TQQQ total dealer gamma exposure is -$16M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $70.14, with spot 2.4% below it. The call wall is $70.00 and the put wall $60.00.
TQQQ Max Pain
TQQQ max pain for Oct 28, 2026 (2 days out) is $69.00, 0.8% above the current $68.43. 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 $70.00.
TQQQ Put/Call Ratio
Across every listed TQQQ expiration, the put/call ratio is 0.85 by volume and 0.97 by open interest. More calls than puts are trading. 706,201 puts and 725,532 calls are open in total.
TQQQ Implied Volatility
TQQQ at-the-money implied volatility is 78.0% for Oct 28, 2026 (2 days out). For Nov 27, 2026 it is 64.9%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
TQQQ Open Interest by Strike
Across all TQQQ expirations, the largest call open interest near the current $68.43 sits at the $75.00 strike (34,170 contracts) and the largest put open interest at $60.00 (67,334). 725,532 calls and 706,201 puts are open in total.
TQQQ Expected Move
The options market prices TQQQ to move about $3.16 (4.6%) by Oct 28, 2026, a range of $65.27 to $71.59. For Nov 27, 2026 (32 days out) the expected move is $10.48 (15.3%).
