ProShares - UltraPro QQQ (TQQQ) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
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
- Total OI
- 1.3M
- Total Volume
- 203.6K
- Front Expiration
- 30 days
- Second Expiration
- 36 days
- ATM IV
- 62.5%
- Avg Bid/Ask Spread
- 7.15%
As of May 27, 2026, ProShares - UltraPro QQQ (TQQQ) has 1.3M open contracts and 203.6K contracts traded. The nearest expiration is 30 days out, followed by 36 days. ATM implied volatility is 62.5%. Average bid/ask spread across the chain is 7.15%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How TQQQ options chain Data Feeds Strategy Selection
Strategy selection on ProShares - UltraPro QQQ options does not derive from any single metric in isolation. The options chain 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 options chain 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 chain depth
The listed-expirations table above shows every expiration available for ProShares - UltraPro QQQ options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. TQQQ front expiration sits at 30 days - the typical hedging horizon for monthly options. The backwardated slope of -0.010 means near-dated IV is pricing acute event risk.
TQQQ chain mechanics and execution
Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the TQQQ chain is 7.15% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.
Using the TQQQ chain to build structures
Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. TQQQ's current 17.92% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.
Learn how the options chain is reported and how to read the data →
TQQQ listed expirations
Per-expiration ATM implied volatility for TQQQ options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.
| Expiration | DTE | ATM IV |
|---|---|---|
| May 29, 2026 | 2 | 59.6% |
| Jun 5, 2026 | 9 | 58.7% |
| Jun 12, 2026 | 16 | 61.6% |
| Jun 18, 2026 | 22 | 62.7% |
| Jun 26, 2026 | 30 | 62.5% |
| Jul 2, 2026 | 36 | 61.5% |
| Jul 17, 2026 | 51 | 63.1% |
| Sep 18, 2026 | 114 | 67.2% |
| Dec 18, 2026 | 205 | 68.1% |
| Jan 15, 2027 | 233 | 67.7% |
| Jan 21, 2028 | 604 | 68.0% |
TQQQ most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $82.00 | May 29, 2026 | 15.8K | 4.3K | 59.6% | $1.33 | $1.38 |
Top 1 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked TQQQ options chain questions
- What does the TQQQ options chain show right now?
- As of May 27, 2026, ProShares - UltraPro QQQ (TQQQ) has 1.3M contracts outstanding and 203.6K traded today, with ATM IV of 62.5%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for TQQQ options?
- The nearest expiration is 30 days out, followed by 36 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are TQQQ options bid/ask spreads?
- Average bid/ask spread across the chain is 7.15%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.