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Invesco California AMT-Free Municipal Bond ETF PWZ

i

Market dataready · fetched 2026-11-13T18:51:17.136Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-13T18:49:52.312173441Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-13T18:51:16.606068+00:00

Share price$22.97
1D-0.2%
$22.90$22.93$22.97$23.00$23.035:30 AM6:30 AM9:00 AM1:00 PMPWZ
Sold putSold call

Invesco California AMT-Free Municipal Bond ETF options

Live interpolated PWZ call and put midpoint premiums by absolute delta.Invesco California AMT-Free Municipal Bond ETF$0.64$0.97$1.30$1.64$1.97$-0.12$0.19$0.50$0.81$1.1220Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ20Δ P unavailable: no unambiguous, price-consistent delta bracketP —25Δ P unavailable: no unambiguous, price-consistent delta bracketP —30Δ P unavailable: no unambiguous, price-consistent delta bracketP —35Δ P unavailable: no unambiguous, price-consistent delta bracketP —40Δ P unavailable: no unambiguous, price-consistent delta bracketP —45Δ P unavailable: no unambiguous, price-consistent delta bracketP —50Δ P unavailable: no unambiguous, price-consistent delta bracketP —55Δ P unavailable: no unambiguous, price-consistent delta bracketP —60Δ P unavailable: no unambiguous, price-consistent delta bracketP —65Δ P unavailable: no unambiguous, price-consistent delta bracketP —70Δ P unavailable: no unambiguous, price-consistent delta bracketP —75Δ P unavailable: no unambiguous, price-consistent delta bracketP —80Δ P unavailable: no unambiguous, price-consistent delta bracketP —OPTION PRICEPWZ PRICE$0.68$0.70$0.81$0.92$1.02$1.13$1.24$1.34$1.45$1.55$1.66$1.77$1.87
Puts——
CallsExpensive11.13×
Skew——
Implied move——
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ31.01216.3%37.9%
25Δ27.86167.3%24.4%
30Δ27.33158.5%22.5%
35Δ26.80149.7%20.6%
40Δ26.26140.9%18.8%
45Δ25.73132.1%16.9%
50Δ25.20123.3%15.1%
55Δ24.67114.5%13.2%
60Δ24.13105.7%11.4%
65Δ23.6096.9%9.5%
70Δ23.0788.1%7.7%
75Δ22.5479.3%5.8%
80Δ22.0170.5%4.0%

20Δ

Calls
Pseudo strike
31.01
IV
216.3%
B/E move
37.9%
Puts
Pseudo strike
IV
B/E move

25Δ

Calls
Pseudo strike
27.86
IV
167.3%
B/E move
24.4%
Puts
Pseudo strike
IV
B/E move

30Δ

Calls
Pseudo strike
27.33
IV
158.5%
B/E move
22.5%
Puts
Pseudo strike
IV
B/E move

35Δ

Calls
Pseudo strike
26.80
IV
149.7%
B/E move
20.6%
Puts
Pseudo strike
IV
B/E move

40Δ

Calls
Pseudo strike
26.26
IV
140.9%
B/E move
18.8%
Puts
Pseudo strike
IV
B/E move

45Δ

Calls
Pseudo strike
25.73
IV
132.1%
B/E move
16.9%
Puts
Pseudo strike
IV
B/E move

50Δ

Calls
Pseudo strike
25.20
IV
123.3%
B/E move
15.1%
Puts
Pseudo strike
IV
B/E move

55Δ

Calls
Pseudo strike
24.67
IV
114.5%
B/E move
13.2%
Puts
Pseudo strike
IV
B/E move

60Δ

Calls
Pseudo strike
24.13
IV
105.7%
B/E move
11.4%
Puts
Pseudo strike
IV
B/E move

65Δ

Calls
Pseudo strike
23.60
IV
96.9%
B/E move
9.5%
Puts
Pseudo strike
IV
B/E move

70Δ

Calls
Pseudo strike
23.07
IV
88.1%
B/E move
7.7%
Puts
Pseudo strike
IV
B/E move

75Δ

Calls
Pseudo strike
22.54
IV
79.3%
B/E move
5.8%
Puts
Pseudo strike
IV
B/E move

80Δ

Calls
Pseudo strike
22.01
IV
70.5%
B/E move
4.0%
Puts
Pseudo strike
IV
B/E move

Options history

IV · four-Friday blend35.22%
Daily EOD
PWZ31.5%33.5%35.5%2026-10-19: 32.15%2026-10-20: 32.45%2026-10-21: 32.28%2026-10-22: 32.01%2026-10-23: 32.88%2026-10-26: 32.98%2026-10-27: 33.28%2026-10-28: 32.98%2026-10-29: 31.75%2026-10-30: 35.22%Oct 19Oct 23Oct 30
10 observations2026-10-19 — 2026-10-30
Table
DateIV (%)
32.15%
32.45%
32.28%
32.01%
32.88%
32.98%
33.28%
32.98%
31.75%
35.22%