AInvestOption Pilot Program
Options/QQQI
Q

QQQINEOS Nasdaq 100 High Income ETF

Options Analysis Report
AUM $14.2B|NASDAQ
● 2026-08-31$54.53
NEUTRAL
Analysis: 2026-08-28 EOD data
1Y +4.0%YTD +1.4%7D +1.3%
2,346
30D
±4.5%
7%

QQQI Options Overview

IV is low with unusual activity. Conditions favor option buyers.

REWARDS

RISK ANALYSIS

5.5VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for option buyers

Learn
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QQQI Gamma Walls

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Value

Is IV priced right?

8.4
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks7/9 checks passed
≤35%

IV Rank 9.8% — cheap vs history

<1.05x

IV/HV 1.05x — IV ≤ HV

Sector Relative≤50%

Sector percentile 10% — below sector median

<1.1x

Front/Back 0.99x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 15.1% — normal range

<80%

Effective IV 63.4% (ATM 15.1% + spread 24.2% + bias) — good value

<3.0%

Total drag 31.72% (spread 24.17% + slippage 7.55%) — high friction

≥5.0

Vega efficiency 2.09 (vega 5.062 / spread 24.17%) — spread drag

Sentiment

Bullish or bearish?

5.7
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksNeutral - Weak signal (Conviction: -1%, Raw: -5%)
|net sentiment| ≥25%

Conviction-weighted: -1% (neutral) — Raw: -5%

≥15%

|OI skew| 0.9% — balanced

Same sign, |vol skew| ≥10%

Vol skew +19.3%, OI skew -0.9% — divergent (opposite)

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: +98%, ATM: -2%, OTM: -22% — strong bullish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 39% — bullish vs sector

Activity

Unusual activity?

3.5
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks2/8 checks passed
≥1.5x

Volume 0.5x avg — normal

≥15%

Vol/OI 5.5% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change +30.6% (5d) — building

Sector Relative≥60%

Sector activity percentile 77% — active vs sector

≥30%

Large trade volume 17% — mixed

≥60%

Aggressive execution 37% — patient

≥30

Conviction -1 (bearish) — mixed

Liquidity

Can I trade efficiently?

3.5
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks3/8 checks passed
≤5.0%

Spread 24.2% — wide

≥10,000

OI 42,935 — adequate

≥500

Volume 2,346/day — adequate

≤$0.50

$1.21 to cross — expensive

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 42% — neutral vs sector

≥100 contracts

Depth 396.3 contracts (bid:271.8 ask:124.5) — adequate

<1.0%

Avg slippage 7.55% — poor

Timing

Is now a good time?

6.3
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks6/9 checks passed
|slope| ≥5%

Slope -1.3% — flat/unclear

<30 or >70

IV percentile 10% — buyer opportunity

≥10pts kink

IV kink 0.4pts — no clear event

<0.5 or >2.0

θ/ν ratio 364.14 — favors income trades

≥3 expirations

4 liquid expirations — flexible

≥60% (safe)

safe window: No earnings detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow -1% @ 50% consistency — unclear

≥40 composite score

Score 47 (ITM 20% + inst 17%) — moderate institutional

Directional Strategy Fit

Option Buyers
Long Calls6.4
bullishIV cheap, mixed flow
Long Puts5.9
bearishIV cheap, mixed flow
Premium Sellers
Cash-Secured Put4.1
bullishIV too cheap, mixed flow
Covered Call3.6
bearishIV too cheap, mixed flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.

More on QQQI

QQQI gamma wallsQQQI max painQQQI IV rankQQQI options flow