Bull Put Spreads at 52-Week Highs
Bull Put Spread398 trades pass on QQQ
- Return on risk
- 20.1% to 51.5%
- Probability of profit
- 60.1% to 80.2%
Invesco QQQ Trust, Series 1 · ETFETF
As of the close on . In the app, data is refreshed intraday.
QQQ closed at $736.53 on Sep 28, 2026 with 30-day implied volatility of 19.3%. That is in the lower half of its one-year range (IV rank 30), so premiums are on the modest side for QQQ. Measured by IV percentile, IV is higher than 33% of the past year's readings. Options expiring Oct 30 (32 days out) price a one standard deviation move of about $42.55, or 5.8%.
The price is above both its 50-day (+3.2%) and 200-day (+10.6%) moving averages. It is trading within 1.5% of its 52-week high. The 14-day RSI of 58.5 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $9.78, about 1.3% of the price, a measure of a typical day's range.
Option volume at the close (6.45M contracts) was 1.4x its average, busier than usual. A beta of 1.42 means QQQ has tended to move about 1.4 times as much as the broad market. 4 of our preset screens found trades on QQQ at the close, led by Bull Put Spreads at 52-Week Highs with 398 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Sep 30, 20262 days | 19.6% | ±$10.67 (1.4%) | $725.86 to $747.20 | $8.51 |
| Oct 30, 202632 days | 19.5% | ±$42.55 (5.8%) | $693.98 to $779.08 | $33.95 |
| Nov 30, 202663 days | 20.0% | ±$61.29 (8.3%) | $675.24 to $797.82 | $48.89 |
| Dec 31, 202694 days | 20.7% | ±$77.21 (10.5%) | $659.32 to $813.74 | $61.58 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for QQQ from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
398 trades pass on QQQ
142 trades pass on QQQ
87 trades pass on QQQ
5 trades pass on QQQ
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.