QQQ Gamma Squeeze, Pin & Wall Analysis

QQQ Nasdaq-100 ETF $707.24 -0.13% (updated 2026-05-12)

Today's OI Read — QQQ

Where the walls are, where price sits, and what the dealer positioning implies for Nasdaq-100 ETF

In Between Walls?

$600

DOM

$650

2ND

$707.24

Outside the dominant wall range — directional momentum more likely than mean reversion.

Magnet Strength Details →

1.65× High (1.5–2×)

Current OI 1,925,712

30d Avg OI 1,170,199

Elevated OI — dealers carry larger hedges, making price walls structurally stronger.

Put/Call Ratio

1.43

PUT HEAVY

Above 1.2 — more put OI than calls. Hedging demand elevated; market participants are positioned defensively.

Dominant Wall

$600

▼ Below spot

The highest OI concentration strike — the structural anchor dealers are most committed to hedging.

Distance to #1 Wall

$+107.24

+15.16%

Price is above the dominant wall — acts as support.

Wall Skew

-0.285

PUT HEAVY

Put-heavy at the dominant wall — put sellers defend this level. Acts as structural support/magnet.

Today's Top Setup — QQQ

SQUEEZE, PIN, and CAGE scored 0–100 from OI structure. Highest score = today's highest-conviction setup.

PIN — 53.7% hit rate (n=1,719). CAGE — 45.4% (n=1,161). SQUEEZE — 49.5% (n=5,555). Half hit, half don't — the edge is asymmetric payoff.

Strength scores are locked

PRO

See exactly which setup is most likely — and by how much

Unlock

🚀 SQUEEZE

candidate

Strength ██%

5d horizon

Target · Stock pops ≥+5% within 10 trading days — the kind of move where the winners run far enough to outweigh the misses.

📌 PIN

AUC 0.83 measured

Strength ██%

1d horizon

Target · Price closes within 0.5% of $600 (dom strike) by +1d.

↔ CAGE

AUC 0.55 measured

Strength ██%

5d horizon

Target · Price stays between $600 – $650 through +5d.

Top OI Walls

Largest open interest concentrations · sorted by strike price · * OI projected from prior day

2026-05-12

Rank	Strike	Call OI	Put OI	Total OI	P/C	% of Max
▶ $707.24
#5	$660 Support	33,656	27,776	61,432	0.83	66%
#2	$650 Support	30,350	60,296	90,646	1.99	97%
#4	$630 Support	30,316	49,360	79,676	1.63	85%
#3	$610 Support	30,316	60,001	90,317	1.98	97%
#1	$600 Support	33,389	59,978	93,367	1.80	100%

Dealer Magnet Strength

When total OI is elevated vs its 30-day rolling average, dealer hedging is heavier — walls act like magnets. Very High = stronger PIN / CAGE conviction. Near-normal = weaker structural hold.

Current Magnet Strength

High (1.5–2×)

Low (<0.7×)

68.8%

109 days · 1d

Normal (0.7–1×)

72.6%

146 days · 1d

Elevated (1–1.5×)

82.4%

51 days · 1d

High (1.5–2×)

68.9%

62 days · 1d

Very High (>2×)

77.1%

35 days · 1d

Containment Rate by OI Magnitude Bucket

OI ratio = today's total OI ÷ 30-day rolling average. Does elevated OI predict price staying inside the dominant wall range?

OI Level	Days	1d	2d	5d	10d	20d
Low (<0.7×)	109	68.8%	56.9%	47.7%	38.0%	28.8%
Normal (0.7–1×)	146	72.6%	60.3%	48.6%	39.7%	24.8%
Elevated (1–1.5×)	51	82.4%	72.5%	58.8%	38.0%	26.0%
High (1.5–2×)	62	68.9%	63.3%	50.8%	44.1%	22.8%
Very High (>2×)	35	77.1%	77.1%	68.6%	51.4%	34.3%

SQUEEZE / PIN / CAGE Setup Backtest — QQQ

Last 50 sessions — which setup fired, what the score was, and whether it hit. See the actual win/loss record.

0 days ·

Min Strength 60

Magnet:

2026-05-05

↔ CAGE

Strength 35%

Magnet

Floor $645

Ceiling $675

Range 4.4%

✗ Miss

Win Criteria

Stay inside $645–$675 for 5 days

What Happened

$707.24

+3.77%

Broke up — max move 4.4% (need ≤2%)

2026-05-04

↔ CAGE

Strength 35%

Magnet

Floor $645

Ceiling $675

Range 4.5%

✗ Miss

Win Criteria

Stay inside $645–$675 for 5 days

What Happened

$713.37

+6.05%

Broke up — max move 3.4% (need ≤2%)

2026-05-01

↔ CAGE

Strength 20%

Magnet

Floor $635

Ceiling $680

Range 6.7%

✗ Miss

Win Criteria

Stay inside $635–$680 for 5 days

What Happened

$711.24

+5.52%

Broke down — max move 3.2% (need ≤2%)

2026-04-30

↔ CAGE

Strength 55%

Magnet

Floor $650

Ceiling $680

Range 4.5%

✗ Miss

Win Criteria

Stay inside $650–$680 for 5 days

What Happened

$694.88

+4.06%

Broke up — max move 2.1% (need ≤2%)

2026-04-29

↔ CAGE

Strength 20%

Magnet

Floor $635

Ceiling $680

Range 6.8%

✓ Hit

Win Criteria

Stay inside $635–$680 for 5 days

What Happened

$695.73

+5.20%

2026-04-28

↔ CAGE

Strength 20%

Magnet

Floor $600

Ceiling $635

Range 5.3%

✗ Miss

Win Criteria

Stay inside $600–$635 for 5 days

What Happened

$681.53

+3.66%

Broke up — max move 2.5% (need ≤2%)

2026-04-27

↔ CAGE

Strength 35%

Magnet

Floor $635

Ceiling $650

Range 2.3%

✓ Hit

Win Criteria

Stay inside $635–$650 for 5 days

What Happened

$672.67

+1.28%

2026-04-24

↔ CAGE

Strength 35%

Magnet

Floor $635

Ceiling $650

Range 2.3%

✓ Hit

Win Criteria

Stay inside $635–$650 for 5 days

What Happened

$674.06

+1.49%

2026-04-23

↔ CAGE

Strength 20%

Magnet

Floor $590

Ceiling $635

Range 6.9%

✓ Hit

Win Criteria

Stay inside $590–$635 for 5 days

What Happened

$667.76

+2.50%

2026-04-22

↔ CAGE

Strength 20%

Magnet

Floor $590

Ceiling $635

Range 6.9%

✓ Hit

Win Criteria

Stay inside $590–$635 for 5 days

What Happened

$661.32

+0.93%

2026-04-21

↔ CAGE

Strength 35%

Magnet

Floor $570

Ceiling $590

Range 3.1%

✗ Miss

Win Criteria

Stay inside $570–$590 for 5 days

What Happened

$657.48

+2.07%

Broke up — max move 3.1% (need ≤2%)

2026-04-20

↔ CAGE

Strength 20%

Magnet

Floor $590

Ceiling $640

Range 7.7%

✓ Hit

Win Criteria

Stay inside $590–$640 for 5 days

What Happened

$664.20

+2.69%

2026-04-17

↔ CAGE

Strength 35%

Magnet

Floor $590

Ceiling $620

Range 4.6%

✓ Hit

Win Criteria

Stay inside $590–$620 for 5 days

What Happened

$664.15

+2.36%

2026-04-16

↔ CAGE

Strength 35%

Magnet

Floor $600

Ceiling $620

Range 3.1%

✓ Hit

Win Criteria

Stay inside $600–$620 for 5 days

What Happened

$651.49

+1.70%

2026-04-15

↔ CAGE

Strength 35%

Magnet

Floor $590

Ceiling $600

Range 1.6%

✓ Hit

Win Criteria

Stay inside $590–$600 for 5 days

What Happened

$655.24

+2.79%

2026-04-14

↔ CAGE

Strength 55%

Magnet

Floor $590

Ceiling $600

Range 1.6%

✗ Miss

Win Criteria

Stay inside $590–$600 for 5 days

What Happened

$644.12

+2.47%

Broke up — max move 3.2% (need ≤2%)

2026-04-13

↔ CAGE

Strength 55%

Magnet

Floor $580

Ceiling $600

Range 3.2%

✗ Miss

Win Criteria

Stay inside $580–$600 for 5 days

What Happened

$646.82

+4.75%

Broke up — max move 3.7% (need ≤2%)

2026-04-10

↔ CAGE

Strength 35%

Magnet

Floor $582

Ceiling $600

Range 2.9%

✗ Miss

Win Criteria

Stay inside $582–$600 for 5 days

What Happened

$648.82

+6.19%

Broke up — max move 4.3% (need ≤2%)

2026-04-09

↔ CAGE

Strength 55%

Magnet

Floor $573

Ceiling $580

Range 1.1%

✗ Miss

Win Criteria

Stay inside $573–$580 for 5 days

What Happened

$640.57

+4.98%

Broke up — max move 3.0% (need ≤2%)

2026-04-08

↔ CAGE

Strength 55%

Magnet

Floor $573

Ceiling $580

Range 1.2%

✓ Hit

Win Criteria

Stay inside $573–$580 for 5 days

What Happened

$637.44

+5.23%

2026-04-07

↔ CAGE

Strength 55%

Magnet

Floor $580

Ceiling $587

Range 1.2%

✗ Miss

Win Criteria

Stay inside $580–$587 for 5 days

What Happened

$628.62

+6.77%

Broke up — max move 3.8% (need ≤2%)

2026-04-06

📌 PIN

Strength 80%

Magnet

Floor $590

Ceiling $600

Range 1.7%

✓ Hit

Win Criteria

Close within 0.5% of $590 by end of day

What Happened

$588.76

+0.04%

2026-04-02

📌 PIN

Strength 75%

Magnet

Floor $580

Ceiling $587

Range 1.2%

✓ Hit

Win Criteria

Close within 0.5% of $587 by end of day

What Happened

$588.51

+0.61%

2026-04-01

📌 PIN

Strength 20%

Magnet

Floor $500

Ceiling $600

Range 17.1%

✗ Miss

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$584.95

+0.11%

Closed 2.6% from wall (need ≤0.5%) — moved +0.1%

2026-03-31

📌 PIN

Strength 20%

Magnet

Floor $500

Ceiling $600

Range 17.3%

✗ Miss

Win Criteria

Close within 0.5% of $500 by end of day

What Happened

$584.28

+1.19%

Closed 14.6% from wall (need ≤0.5%) — moved +1.2%

2026-03-30

↔ CAGE

Strength 55%

Magnet

Floor $590

Ceiling $610

Range 3.6%

✗ Miss

Win Criteria

Stay inside $590–$610 for 5 days

What Happened

$588.76

+5.46%

Broke up — max move 4.8% (need ≤2%)

2026-03-27

↔ CAGE

Strength 20%

Magnet

Floor $580

Ceiling $610

Range 5.3%

✗ Miss

Win Criteria

Stay inside $580–$610 for 5 days

What Happened

$588.51

+4.59%

Broke down — max move 3.8% (need ≤2%)

2026-03-26

↔ CAGE

Strength 20%

Magnet

Floor $575

Ceiling $610

Range 6.1%

✗ Miss

Win Criteria

Stay inside $575–$610 for 5 days

What Happened

$584.95

+1.96%

Broke down — max move 2.7% (need ≤2%)

2026-03-25

↔ CAGE

Strength 20%

Magnet

Floor $575

Ceiling $610

Range 6.0%

✗ Miss

Win Criteria

Stay inside $575–$610 for 5 days

What Happened

$584.28

-0.58%

Broke down — max move 5.0% (need ≤2%)

2026-03-24

↔ CAGE

Strength 20%

Magnet

Floor $575

Ceiling $610

Range 6.0%

✗ Miss

Win Criteria

Stay inside $575–$610 for 5 days

What Happened

$577.43

-1.09%

Broke up — max move 3.6% (need ≤2%)

2026-03-23

↔ CAGE

Strength 35%

Magnet

Floor $550

Ceiling $575

Range 4.2%

✗ Miss

Win Criteria

Stay inside $550–$575 for 5 days

What Happened

$558.30

-5.10%

Broke down — max move 2.5% (need ≤2%)

2026-03-20

📌 PIN

Strength 35%

Magnet

Floor $565

Ceiling $590

Range 4.3%

✓ Hit

Win Criteria

Close within 0.5% of $590 by end of day

What Happened

$588.32

+1.09%

2026-03-19

📌 PIN

Strength 35%

Magnet

Floor $590

Ceiling $600

Range 1.7%

✗ Miss

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$581.98

-1.87%

Closed 3.0% from wall (need ≤0.5%) — moved -1.9%

2026-03-18

📌 PIN

Strength 65%

Magnet

Floor $590

Ceiling $600

Range 1.7%

✗ Miss

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$593.06

-0.29%

Closed 1.2% from wall (need ≤0.5%) — moved -0.3%

2026-03-17

📌 PIN

Strength 55%

Magnet

Floor $590

Ceiling $600

Range 1.7%

✗ Miss

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$594.77

-1.43%

Closed 0.9% from wall (need ≤0.5%) — moved -1.4%

2026-03-16

📌 PIN

Strength 75%

Magnet

Floor $590

Ceiling $600

Range 1.7%

✗ Miss

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$603.42

+0.51%

Closed 0.6% from wall (need ≤0.5%) — moved +0.5%

2026-03-13

📌 PIN

Strength 45%

Magnet

Floor $590

Ceiling $600

Range 1.7%

✓ Hit

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$600.37

+1.13%

2026-03-12

📌 PIN

Strength 75%

Magnet

Floor $600

Ceiling $630

Range 5.0%

✗ Miss

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$593.68

-0.61%

Closed 1.1% from wall (need ≤0.5%) — moved -0.6%

2026-03-11

📌 PIN

Strength 35%

Magnet

Floor $600

Ceiling $630

Range 4.9%

✓ Hit

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$597.34

-1.73%

2026-03-10

📌 PIN

Strength 35%

Magnet

Floor $575

Ceiling $600

Range 4.1%

✗ Miss

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$607.84

+0.04%

Closed 1.3% from wall (need ≤0.5%) — moved +0.0%

2026-03-09

📌 PIN

Strength 35%

Magnet

Floor $580

Ceiling $600

Range 3.3%

✗ Miss

Win Criteria

Close within 0.5% of $600 by end of day

What Happened

$607.60

-0.04%

Closed 1.3% from wall (need ≤0.5%) — moved -0.0%

2026-03-06

📌 PIN

Strength 55%

Magnet

Floor $585

Ceiling $595

Range 1.7%

✗ Miss

Win Criteria

Close within 0.5% of $595 by end of day

What Happened

$607.86

+1.32%

Closed 2.1% from wall (need ≤0.5%) — moved +1.3%

2026-03-05

↔ CAGE

Strength 35%

Magnet

Floor $585

Ceiling $600

Range 2.5%

✓ Hit

Win Criteria

Stay inside $585–$600 for 5 days

What Happened

$597.34

-1.92%

2026-03-04

↔ CAGE

Strength 35%

Magnet

Floor $585

Ceiling $600

Range 2.5%

✓ Hit

Win Criteria

Stay inside $585–$600 for 5 days

What Happened

$607.84

-0.48%

2026-03-03

↔ CAGE

Strength 35%

Magnet

Floor $585

Ceiling $600

Range 2.5%

✓ Hit

Win Criteria

Stay inside $585–$600 for 5 days

What Happened

$607.60

+0.98%

2026-03-02

↔ CAGE

Strength 35%

Magnet

Floor $585

Ceiling $600

Range 2.5%

✓ Hit

Win Criteria

Stay inside $585–$600 for 5 days

What Happened

$607.86

-0.07%

2026-02-27

↔ CAGE

Strength 35%

Magnet

Floor $585

Ceiling $600

Range 2.5%

✓ Hit

Win Criteria

Stay inside $585–$600 for 5 days

What Happened

$599.96

-1.24%

2026-02-26

📌 PIN

Strength 75%

Magnet

Floor $610

Ceiling $620

Range 1.6%

✓ Hit

Win Criteria

Close within 0.5% of $610 by end of day

What Happened

$607.50

-0.29%

2026-02-25

↔ CAGE

Strength 55%

Magnet

Floor $610

Ceiling $620

Range 1.6%

✗ Miss

Win Criteria

Stay inside $610–$620 for 5 days

What Happened

$610.79

-0.91%

Broke down — max move 1.4% (need ≤2%)

2026-02-24

↔ CAGE

Strength 55%

Magnet

Floor $600

Ceiling $610

Range 1.6%

✓ Hit

Win Criteria

Stay inside $600–$610 for 5 days

What Happened

$601.69

-1.02%