Invesco National AMT-Free... (PZA)
AMEX: PZA
· Real-Time Price · USD
23.11
-0.03 (-0.13%)
At close: Oct 06, 2025, 9:58 AM
PZA Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for PZA across all expirations is 20,768.94 shares per 1% move, with 21,054.9 from calls and 285.96 from puts. The put-call GEX ratio of 0.01 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.
PZA GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Oct 17, 25 | 3,359.04 | -150.24 | 3,208.8 | 0.04 |
| Nov 21, 25 | 12,196.25 | 0 | 12,196.25 | 0.00 |
| Jan 16, 26 | 2,739.59 | -135.72 | 2,603.87 | 0.05 |
| Apr 17, 26 | 2,760.02 | 0 | 2,760.02 | 0.00 |