Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) Options Open Interest

Monitoring PDN open interest helps you see where real money is positioned on Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF's options and which strikes are attracting the most commitment from traders. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF's open interest reflects the total number of outstanding contracts that have not been closed or exercised, making it a powerful gauge of liquidity, conviction, and potential support and resistance zones. Use our scanner to monitor PDN options open interest in real time and find the strikes that matter.

Open interest is distinct from volume: volume counts how many contracts are traded in a session, while open interest counts how many remain open at the end of the day. Rising PDN options open interest alongside rising volume suggests new positions are being built, while falling open interest signals positions are being closed. Heavy open interest at specific strikes often acts as a magnet near expiration and can hint at where dealers and large traders expect Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF to settle.

The Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (Fund) is based on the RAFI Fundamental Select Developed ex US 1500 Index (Index). The Fund will generally invest at least 90% of its total assets in securities that comprise the Index as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) that represent securities in the Index. The Index is designed to track the performance of small and mid-capitalization equities of companies in developed international markets (excluding the US), selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends.

The equities are based on their fundamental strength and are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.Effective close of business March 21, 2025, FTSE RAFI Developed ex U.S. Mid-Small 1500 Index ("Current Underlying Index") will change to the RAFI Fundamental Select Developed ex-US 1500 Index ("New Underlying Index"). The New Underlying Index will replace the Fund’s Current Underlying Index. The Fund’s name will change to “Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF”. Additionally, the Fund's management fee will reduce to 47 bps.

Pin risk into expiration, dealer positioning, liquidity checks for large orders — all of it starts with knowing where PDN open interest is concentrated. Our scanner maps Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF's open interest across every strike and expiry, flags unusual buildups, and lets you drill into the contracts that institutional money is actually holding. Trade Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF's options open interest as the signal it is, not as an afterthought.