Today's OI Read — QQQ
Where the walls are, where price sits, and what the dealer positioning implies for Nasdaq-100 ETF
Outside the dominant wall range — directional momentum more likely than mean reversion.
Near or below average — wall levels carry typical structural weight.
Above 1.2 — more put OI than calls. Hedging demand elevated; market participants are positioned defensively.
The highest OI concentration strike — the structural anchor dealers are most committed to hedging.
Price is above the dominant wall — acts as support.
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.
Strength scores are locked
PROSee exactly which setup is most likely — and by how much
Top OI Walls
Largest open interest concentrations · sorted by strike price
| Rank | Strike | Call OI | Put OI | Total OI | P/C | % of Max |
|---|---|---|---|---|---|---|
|
▶ $742.67
| ||||||
| #3 | $730 Support | 7,378 | 19,494 | 26,872 | 2.64 |
|
| #1 | $710 Support | 6,492 | 26,423 | 32,915 | 4.07 |
|
| #2 | $700 Support | 3,717 | 28,967 | 32,684 | 7.79 |
|
| #5 | $676 Support | 173 | 25,532 | 25,705 | 147.58 |
|
| #4 | $645 Support | 192 | 26,134 | 26,326 | 136.11 |
|
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.