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Invesco National AMT-Free Municipal Bond ETF PZA

i

Market dataready · fetched 2026-11-12T16:22:40.462Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2027-04-16

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 · 2026-11-12T16:22:15.168720178Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-12T16:22:37.923313+00:00

Share price$22.17
1D-0.7%
$22.14$22.19$22.24$22.29$22.335:30 AM6:30 AM9:00 AM1:00 PMPZA
Sold putSold call

Invesco National AMT-Free Municipal Bond ETF options

Live interpolated PZA call and put midpoint premiums by absolute delta.Invesco National AMT-Free Municipal Bond ETF$0.01$0.93$1.86$2.79$3.72$15.34$18.66$21.98$25.29$28.6120Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ65Δ C unavailable: no unambiguous, price-consistent delta bracketC —70Δ C unavailable: no unambiguous, price-consistent delta bracketC —75Δ C/P unavailable: no unambiguous, price-consistent delta bracketC/P —80Δ C/P unavailable: no unambiguous, price-consistent delta bracketC/P —OPTION PRICELive PZA spot · $22.16PZA PRICE$0.11$0.14$0.17$0.20$0.23$0.26$0.29$0.32$0.35$0.26$0.39$0.52$0.65$0.78$0.91$1.04$1.17$1.66$2.22$3.45
Puts——
Calls——
Skew——
Implied moveBearish±$1.33
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ23.505.7%6.5%21.2611.6%5.3%
25Δ23.325.5%5.8%21.5112.3%4.7%
30Δ23.135.4%5.1%21.7513.0%4.2%
35Δ22.955.3%4.4%22.0013.6%3.7%
40Δ22.765.1%3.7%22.2514.3%3.1%
45Δ22.585.0%3.0%22.5014.9%2.6%
50Δ22.394.8%2.3%22.7515.6%2.1%
55Δ22.214.7%1.6%23.0016.3%1.5%
60Δ22.024.5%0.9%23.5319.0%1.4%
65Δ24.1222.1%1.2%
70Δ25.3628.5%1.2%
75Δ
80Δ

20Δ

Calls
Pseudo strike
23.50
IV
5.7%
B/E move
6.5%
Puts
Pseudo strike
21.26
IV
11.6%
B/E move
5.3%

25Δ

Calls
Pseudo strike
23.32
IV
5.5%
B/E move
5.8%
Puts
Pseudo strike
21.51
IV
12.3%
B/E move
4.7%

30Δ

Calls
Pseudo strike
23.13
IV
5.4%
B/E move
5.1%
Puts
Pseudo strike
21.75
IV
13.0%
B/E move
4.2%

35Δ

Calls
Pseudo strike
22.95
IV
5.3%
B/E move
4.4%
Puts
Pseudo strike
22.00
IV
13.6%
B/E move
3.7%

40Δ

Calls
Pseudo strike
22.76
IV
5.1%
B/E move
3.7%
Puts
Pseudo strike
22.25
IV
14.3%
B/E move
3.1%

45Δ

Calls
Pseudo strike
22.58
IV
5.0%
B/E move
3.0%
Puts
Pseudo strike
22.50
IV
14.9%
B/E move
2.6%

50Δ

Calls
Pseudo strike
22.39
IV
4.8%
B/E move
2.3%
Puts
Pseudo strike
22.75
IV
15.6%
B/E move
2.1%

55Δ

Calls
Pseudo strike
22.21
IV
4.7%
B/E move
1.6%
Puts
Pseudo strike
23.00
IV
16.3%
B/E move
1.5%

60Δ

Calls
Pseudo strike
22.02
IV
4.5%
B/E move
0.9%
Puts
Pseudo strike
23.53
IV
19.0%
B/E move
1.4%

65Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
24.12
IV
22.1%
B/E move
1.2%

70Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
25.36
IV
28.5%
B/E move
1.2%

75Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
IV
B/E move

80Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
IV
B/E move

Options history

IV · four-Friday blend—
Daily EOD

No recorded observations

0 observations