QQQP - Investment Managers Series Trust II -Tradr 2X Long Innovation 100 Quarterly ETF

QQQP provides 2x leveraged exposure to the quarterly performance of QQQ, an ETF composed of 100 NASADAQ-listed stocks. The strategy involves entering into one or more swap agreements intended to produce leveraged investment results relative to the returns of QQQ. Unlike traditional ETFs, MQQQ introduces added volatility due to its lack of diversification and use of leverage.

As of Sep 30, 2026: spot at $233.88, ATM IV 35.9%, net GEX $1.4K.

Sector
Financial Services
Industry
Asset Management
Market Cap
$14.6M
Beta
2.61
52-Week Range
139.75-239.8
IPO Date
Oct 1, 2024
Exchange
NASDAQ

What QQQP Looks Like to Options Traders Today

IV rank of 31.3% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($1.4K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.073) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The QQQP overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked QQQP overview questions

What is QQQP?
QQQP is the ticker symbol for Investment Managers Series Trust II -Tradr 2X Long Innovation 100 Quarterly ETF, an listed exchange-traded fund. QQQP provides 2x leveraged exposure to the quarterly performance of QQQ, an ETF composed of 100 NASADAQ-listed stocks. The strategy involves entering into one or more swap agreements intended to produce leveraged investment results relative to the returns of QQQ. Listed on NASDAQ. QQQP is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the QQQP options snapshot look like today?
As of Sep 30, 2026, the QQQP options snapshot shows spot at $233.88, ATM IV 35.9%, IV rank 31.3%, net GEX $1.4K, expected move 10.29%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are QQQP's key statistics?
Investment Managers Series Trust II -Tradr 2X Long Innovation 100 Quarterly ETF (QQQP) carries a market capitalization of $14.6M, 52-week range of 139.75-239.8. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does QQQP belong to?
Investment Managers Series Trust II -Tradr 2X Long Innovation 100 Quarterly ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare QQQP's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the QQQP data on this page?
The options snapshot above is dated Sep 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.