The Invesco QQQ Trust (QQQ) has shown significant recovery in recent trading sessions, bouncing from an intraday low of $494.50 to reach an overnight high of $500.50. As of November 19, 2024, the QQQ has continued its upward trajectory, hitting the $500 mark again. This rally is supported by strong performances from major tech stocks, including Apple Inc. (AAPL) and Tesla Inc. (TSLA), while the Cboe Volatility Index (VIX) futures have decreased by 3.4%. The movement has been characterized as a notable bounce, with traders highlighting a gap-fill strategy amid bullish market conditions. Additionally, options trading has seen activity, with specific call spreads noted for their price increase from $0.50 to $1 shortly after the market opened.