Volatility Analysis

Weekly Volatility Outlook: QQQ

QQQ implied volatility is at 23.23%. We break down the 7-day expected move and probability zones.

4 min read

Market Context

QQQ is trading at $684.13 with an annualized Implied Volatility (IV) of 23.23%.

With 7 days to expiration (Target: Aug 7, 2026), the market is pricing in the following potential range.

Analysis Date

Jul 31, 2026

Target Date

Aug 7, 2026

Price

$684.13

IV

23.23%

Volatility Math (7 Days)

To estimate the expected move, we convert annualized IV to the 7-day timeframe.

Formula: 23.23% × √(7/365) ≈ 3.22%.

In dollar terms, this is approximately ±$22.03.

The market expects QQQ to stay within ±3.22% about 68% of the time over the next 7 days.

Time Factor

0.1385

Exp. Move %

±3.22%

Exp. Move $

±$22.03

Probability Cone

The following table shows the statistical probability ranges based on current volatility.

68% Confidence

$662.13 — $706.13

80% Confidence

$655.93 — $712.33

90% Confidence

$647.94 — $720.32

95% Confidence

$641.00 — $727.26

Disclaimer

This analysis is a static projection based on current IV. Real-world events may cause price to move outside these bounds. Not investment advice.

Key takeaways

  • Current IV of 23.23% implies a ±3.22% move in 7 days.
  • The 68% confidence interval is $662.13 to $706.13.
  • Ranges are based on static IV; earnings or news can expand these significantly.