The Nasdaq 100 Index ($NDX) and its ETF counterpart, $QQQ, have reached new all-time highs, driven by strong performance in mega-cap technology stocks. The $QQQ ETF hit a 1.272 Fibonacci extension level at 525, a key technical milestone, and is now targeting a 1.382 Fibonacci extension at 533.75. The index has risen significantly following positive CPI data and news involving $AVGO and $AAPL, contributing to the bullish momentum. Year-to-date, $QQQ has delivered a total return of 29.9%. Options activity has also been notable, with $QQQ 525 0DTE calls surging from $0.25 to $4.75, marking a 19x return.