QQQT - NASDAQ 100 Income Target ETF
The Defiance Nasdaq 100 Income Target ETF is an actively managed exchange-traded fund that primarily seeks to generate current income. The Fund’s strategy involves holding shares of ETFs tracking the Nasdaq 100 and selling daily credit call spreads on the Index to generate option premium income, with a target of providing a high level of current income on a monthly basis.
As of May 15, 2026: spot at $18.75, ATM IV 8.2%, net GEX $27.0K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $31.5M
- Beta
- 1.24
- 52-Week Range
- 15.24-19.19
- Dividend Yield
- $3.65
- IPO Date
- Jun 21, 2024
- Exchange
- NASDAQ
What QQQT Looks Like to Options Traders Today
IV rank of 1.6% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($27.0K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.010) is roughly flat across the wings.
What This Page Covers
The QQQT 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 QQQT overview questions
- What is QQQT?
- QQQT is the ticker symbol for NASDAQ 100 Income Target ETF, an listed exchange-traded fund. The Defiance Nasdaq 100 Income Target ETF is an actively managed exchange-traded fund that primarily seeks to generate current income. The Fund’s strategy involves holding shares of ETFs tracking the Nasdaq 100 and selling daily credit call spreads on the Index to generate option premium income, with a target of providing a high level of current income on a monthly basis. Listed on NASDAQ. QQQT 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 QQQT options snapshot look like today?
- As of May 15, 2026, the QQQT options snapshot shows spot at $18.75, ATM IV 8.2%, IV rank 1.6%, net GEX $27.0K, expected move 2.35%. 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 QQQT's key statistics?
- NASDAQ 100 Income Target ETF (QQQT) carries a market capitalization of $31.5M, 52-week range of 15.24-19.19. 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 QQQT belong to?
- NASDAQ 100 Income Target 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 QQQT'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 QQQT data on this page?
- The options snapshot above is dated May 15, 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.