Tracking the PPA option chain helps you see every strike and expiry on Invesco Aerospace & Defense ETF in one view, so you can quickly identify the contracts that fit your thesis and your risk. Invesco Aerospace & Defense ETF's option chain lays out bids, asks, volume, open interest, and Greeks across calls and puts, giving you the full map of PPA options activity at a glance. Use our scanner to monitor the PPA option chain in real time and filter for the PPA options trades that actually meet your criteria.
An option chain is the complete listing of all available option contracts on an underlying, organized by expiration date and strike price. For PPA stock options, the chain shows side-by-side call and put data, making it easy to compare premiums, assess liquidity, and spot pricing dislocations. Reading the PPA option chain effectively means looking beyond the last price — implied volatility by strike, volume-to-open-interest ratios, and bid-ask spreads all tell you where PPA stock options are being actively traded and where they are not.
The Invesco Aerospace & Defense ETF (Fund) is based on the SPADE Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly. As of 08/31/2025 the Fund had an overall rating of 5 stars out of 46 funds and was rated 5 stars out of 46 funds, 5 stars out of 42 funds and 5 stars out of 33 funds for the 3-, 5- and 10- year periods, respectively.
Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2025 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.
Credit spreads, long calls, iron condors, calendar trades — every strategy starts with the same raw material: a clean, complete option chain. Our scanner pulls Invesco Aerospace & Defense ETF's full chain across every expiry, highlights the most liquid strikes, and lets you screen PPA options by the metrics that matter, from IV skew to volume surges. Stop scrolling through endless rows of PPA stock options — let the full option chain come to you, pre-filtered and ready to trade.
