Invesco International Dividend Achievers ETF (PID) Expected Move

Tracking the PID expected move helps you see how far Invesco International Dividend Achievers ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Invesco International Dividend Achievers ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the PID expected move for this week's options, in real time.

The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For PID, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The PID expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Invesco International Dividend Achievers ETF is unlikely to go.

The Invesco International Dividend Achievers ETF (Fund) is based on the NASDAQ International Dividend Achievers Index (Index). The Fund will normally invest at least 90% of its total assets in dividend-paying common stocks and other securities that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers. These companies have increased their aggregate annual regular cash dividend payments consistently for at least each of the last five consecutive years.

The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December.

Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the PID expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Invesco International Dividend Achievers ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about PID.