SMQ - Tradr 1X Short Innovation 100 Monthly ETF
Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide inverse exposure to the calendar month performance of the Invesco QQQ Trust. The fund is an actively-managed ETF that seeks to achieve on a calendar month basis, before fees and expenses, -100% performance of the Invesco QQQ Trust for a full calendar month, and not for any other period, by entering into one or more swaps on the Invesco QQQ Trust.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $668,956
- Beta
- -0.88
- 52-Week Range
- 39.1-55.488
- Dividend Yield
- $3.49
- IPO Date
- Dec 2, 2025
- Exchange
- CBOE
SMQ Options Snapshot
Options pricing data for SMQ is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The SMQ 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.