ProShares - UltraPro QQQ (TQQQ) Open Interest History
Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.
ProShares - UltraPro QQQ (TQQQ) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $31.34B, listed on NASDAQ, carrying a beta of 3.75 to the broader market. ProShares UltraPro QQQ seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index. public since 2010-02-11.
Snapshot as of May 27, 2026.
- Spot Price
- $81.81
- Call OI
- 721.2K
- Put OI
- 576.9K
- Total OI
- 1.3M
- Put/Call Ratio
- 1.15
As of May 27, 2026, ProShares - UltraPro QQQ (TQQQ) has 1.3M total contracts outstanding across all expirations. Put/call OI ratio is 0.80 (balanced positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.
How TQQQ open interest history Data Feeds Strategy Selection
Strategy selection on ProShares - UltraPro QQQ options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 62.5% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the TQQQ open-interest data
The open-interest time-series above tracks the total ProShares - UltraPro QQQ options inventory outstanding day by day. OI is a stock measure - the cumulative position count - so trends flag accumulating or distributing positioning. Current put/call ratio is 1.15, roughly balanced. Total call OI of 721.2K versus put OI of 576.9K gives a put/call OI ratio of 0.80 - structurally a slower-moving signal than the volume-based ratio.
TQQQ flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current positive dealer-gamma regime, large OI clusters tend to act as price magnets through expiration cycles.
Using TQQQ OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for TQQQ sits at 30 days, so near-dated volume currently dominates the flow reading.
Learn how open interest is reported and how to read the data →
Daily open-interest history for TQQQ options over the last ~38 trading days. Each row reflects the end-of-day total OI summed across all listed strikes and expirations.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | Call OI | Put OI | Total OI | P/C OI |
|---|---|---|---|---|
| May 27, 2026 | 721.2K | 576.9K | 1.3M | 0.80 |
| May 26, 2026 | 682.9K | 541.6K | 1.2M | 0.79 |
| May 22, 2026 | 764.5K | 619.9K | 1.4M | 0.81 |
| May 21, 2026 | 749.1K | 611.5K | 1.4M | 0.82 |
| May 20, 2026 | 740.6K | 607.2K | 1.3M | 0.82 |
| May 19, 2026 | 723.1K | 587.2K | 1.3M | 0.81 |
| May 18, 2026 | 691.8K | 547.2K | 1.2M | 0.79 |
| May 15, 2026 | 800.1K | 663.6K | 1.5M | 0.83 |
| May 14, 2026 | 787.8K | 646.1K | 1.4M | 0.82 |
| May 13, 2026 | 789.4K | 634.9K | 1.4M | 0.80 |
| May 12, 2026 | 768.4K | 601.7K | 1.4M | 0.78 |
| May 11, 2026 | 750.3K | 564.9K | 1.3M | 0.75 |
| May 8, 2026 | 818.8K | 669.4K | 1.5M | 0.82 |
| May 7, 2026 | 795.7K | 645.9K | 1.4M | 0.81 |
| May 6, 2026 | 766.5K | 620.7K | 1.4M | 0.81 |
TQQQ highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $42.50 | Jan 21, 2028 | 4.9K | 359 | 77.6% | $7.10 | $8.80 |
| CALL | $95.00 | Jun 12, 2026 | 3.2K | 244 | 58.6% | $0.52 | $0.58 |
| CALL | $82.00 | May 29, 2026 | 15.8K | 4.3K | 59.6% | $1.33 | $1.38 |
Top 3 contracts from the institutional-grade nightly options scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.
Frequently asked TQQQ open interest history questions
- What is the current TQQQ options open interest?
- As of May 27, 2026, ProShares - UltraPro QQQ (TQQQ) has 1.3M total contracts outstanding across all listed expirations, split as 721.2K calls and 576.9K puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
- What is the TQQQ put/call open interest ratio?
- Put/call OI ratio of 0.80 is balanced.
- What does TQQQ open interest tell traders?
- Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.