Invesco National AMT-Free... (PZA)
AMEX: PZA
· Real-Time Price · USD
23.11
-0.03 (-0.13%)
At close: Oct 06, 2025, 12:05 PM
PZA Delta Exposure By Expiry
The total Delta Exposure (DEX) for PZA across all expirations shows 46,996.16 net shares that market makers must hedge, with 47,201.28 from calls and 205.12 from puts. The put-call delta ratio of 0.00 shows bullish positioning with call dominance, potentially providing upward momentum but leaving the market vulnerable to sharp pullbacks.
PZA DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Oct 17, 25 | 7,049.25 | -112.44 | 6,936.81 | 0.02 |
| Nov 21, 25 | 9,722.12 | 0 | 9,722.12 | 0.00 |
| Jan 16, 26 | 3,283.84 | -92.68 | 3,191.16 | 0.03 |
| Apr 17, 26 | 27,146.07 | 0 | 27,146.07 | 0.00 |