NQU6 - E-mini Nasdaq 100 Futures (September 2026)
E-mini Nasdaq 100 Futures September 2026 contract: CME E-mini Nasdaq 100 futures (NQ): tracks the Nasdaq 100 large-cap technology and growth index. Standard contract for tech-heavy index hedging and directional exposure.
As of Jul 16, 2026: spot at $29213.50, ATM IV 24.3%, max pain $29750.00, net GEX -$1.84B.
- Sector
- Equity Index Futures
- Industry
- Equity Index Futures
- Exchange
- CME
NQU6 Contract Specifications
- Contract Month
- September 2026
- Month Code
- U (September)
- Root
- NQ
- Underlying
- E-mini Nasdaq 100 Futures
- Exchange
- CME
- Contract Size
- $20 multiplier on the Nasdaq 100 index
- Point Value
- $20 per index point
- Tick Size
- 0.25 index points
- Tick Value
- $5.00 per tick
NQU6 Settlement and Trading Hours
Settlement: Cash-settled to the Nasdaq 100 Special Opening Quotation on the third Friday of the contract month.
Trading hours: Globex Sunday-Friday 6:00 PM - 5:00 PM ET.
How NQU6 Fits in the Futures Curve
NQU6 is the September 2026 listing of the E-mini Nasdaq 100 Futures contract. Each listed expiration carries its own implied-volatility surface, term structure position, and basis to the underlying instrument. The front-month contract typically dominates volume and is the reference for options-on-futures pricing; back-month contracts price the term structure of the underlying's volatility and (for physically-delivered commodities) the carry between spot and forward.
What NQU6 Looks Like to Options Traders Today
negative net gamma exposure (-$1.84B) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.073) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The NQU6 overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks.
Frequently asked NQU6 overview questions
- What is NQU6?
- NQU6 is the ticker symbol for E-mini Nasdaq 100 Futures (September 2026), a listed futures contract. E-mini Nasdaq 100 Futures September 2026 contract: CME E-mini Nasdaq 100 futures (NQ): tracks the Nasdaq 100 large-cap technology and growth index. Standard contract for tech-heavy index hedging and directional exposure. Listed on CME. NQU6 is the listed futures symbol shown on this page; futures traders use the contract for directional exposure, hedging the underlying instrument, and as the delivery instrument for options-on-futures structures.
- What does the NQU6 options snapshot look like today?
- As of Jul 16, 2026, the NQU6 options snapshot shows spot at $29213.50, ATM IV 24.3%, max pain $29750.00, net GEX -$1.84B, expected move 6.98%. 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 NQU6's key statistics?
- E-mini Nasdaq 100 Futures (September 2026) (NQU6) carries a September 2026 expiry on the CME-listed E-mini Nasdaq 100 Futures contract, with a $20 per index point point value. Full contract specifications including settlement convention, tick size, and curve term-structure context are on the contract reference block above. Options-on-futures pricing references these spec fields directly via the multiplier and exchange contract rules.
- What underlies the NQU6 futures contract?
- NQU6 is the September 2026 listing on the E-mini Nasdaq 100 Futures contract, traded on the CME. Each listed expiration carries its own implied-volatility surface, term-structure position relative to other listed months, and (for physically-delivered contracts) basis to the spot underlying. Front-month contracts dominate volume and serve as the reference for options-on-futures pricing; back-month contracts price the term structure of the underlying's volatility.
- How current is the NQU6 data on this page?
- The options snapshot above is dated Jul 16, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Contract specifications come from the listing exchange (CME) and do not change over the life of the contract once listed. Options-on-futures data, when available, refreshes after each trading session. There is no equity-style FINRA reporting or sell-side analyst coverage for futures contracts.