Invesco S&P 500 BuyWrite ETF (PBP) Open Interest History
Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.
Invesco S&P 500 BuyWrite ETF (PBP) operates in the Financial Services sector, specifically the Asset Management - Income industry, with a market capitalization near $337.2M, listed on CBOE, carrying a beta of 0.41 to the broader market. The Invesco S&P 500 BuyWrite ETF (Fund) is based on the CBOE S&P 500 BuyWrite Index (Index). public since 2007-12-27.
Snapshot as of May 29, 2026.
- Spot Price
- $22.84
- Call OI
- 3
- Put OI
- 3
- Total OI
- 6
As of May 29, 2026, Invesco S&P 500 BuyWrite ETF (PBP) has 6 total contracts outstanding across all expirations. Put/call OI ratio is 1.00 (balanced positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.
How PBP open interest history Data Feeds Strategy Selection
Strategy selection on Invesco S&P 500 BuyWrite ETF options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 25.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the PBP open-interest data
The open-interest time-series above tracks the total Invesco S&P 500 BuyWrite ETF options inventory outstanding day by day. OI is a stock measure - the cumulative position count - so trends flag accumulating or distributing positioning. Total call OI of 3 versus put OI of 3 gives a put/call OI ratio of 1.00 - structurally a slower-moving signal than the volume-based ratio.
PBP flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current positive dealer-gamma regime, large OI clusters tend to act as price magnets through expiration cycles.
Using PBP OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for PBP sits at 20 days, so near-dated volume currently dominates the flow reading.
Learn how open interest is reported and how to read the data →
Daily open-interest history for PBP options over the last ~34 trading days. Each row reflects the end-of-day total OI summed across all listed strikes and expirations.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | Call OI | Put OI | Total OI | P/C OI |
|---|---|---|---|---|
| May 29, 2026 | 3 | 3 | 6 | 1.00 |
| May 28, 2026 | 3 | 3 | 6 | 1.00 |
| May 27, 2026 | 3 | 3 | 6 | 1.00 |
| May 26, 2026 | 2 | 3 | 5 | 1.50 |
| May 22, 2026 | 2 | 3 | 5 | 1.50 |
| May 21, 2026 | 2 | 3 | 5 | 1.50 |
| May 19, 2026 | 2 | 3 | 5 | 1.50 |
| May 18, 2026 | 2 | 3 | 5 | 1.50 |
| May 15, 2026 | 2 | 3 | 5 | 1.50 |
| May 13, 2026 | 2 | 3 | 5 | 1.50 |
| May 12, 2026 | 2 | 3 | 5 | 1.50 |
| May 11, 2026 | 2 | 3 | 5 | 1.50 |
| May 8, 2026 | 2 | 3 | 5 | 1.50 |
| May 7, 2026 | 2 | 3 | 5 | 1.50 |
| May 6, 2026 | 2 | 3 | 5 | 1.50 |
Frequently asked PBP open interest history questions
- What is the current PBP options open interest?
- As of May 29, 2026, Invesco S&P 500 BuyWrite ETF (PBP) has 6 total contracts outstanding across all listed expirations, split as 3 calls and 3 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
- What is the PBP put/call open interest ratio?
- Put/call OI ratio of 1.00 is balanced.
- What does PBP open interest tell traders?
- Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.