Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) Expected Move

Tracking the PIE expected move helps you see how far Invesco Dorsey Wright Emerging Markets Momentum 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 Dorsey Wright Emerging Markets Momentum 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 PIE 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 PIE, 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 PIE 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 Dorsey Wright Emerging Markets Momentum ETF is unlikely to go.

The Invesco Dorsey Wright Emerging Markets Momentum ETF (Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (Index). The Fund will generally invest at least 90% of its total assets in securities of emerging economies within Dorsey Wright & Associates' classification definition, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) based on securities in the Index. The Index includes approximately 100 companies from the Nasdaq Emerging Markets Index that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Brazil, Chile, China, India, Indonesia, Philippines, South Africa, Thailand and Turkey.

The Index excludes US companies listed on a US stock exchange. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted quarterly.Effective after the close of markets on Aug. 25, 2023, the Fund’s name will change from Invesco DWA Emerging Markets Momentum ETF to Invesco Dorsey Wright Emerging Markets Momentum ETF. No other changes were made to the Fund. See the prospectus for more information.

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 PIE expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Invesco Dorsey Wright Emerging Markets Momentum 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 PIE.