PBQQ - PGIM Laddered Nasdaq-100 Buffer 12 ETF

PBQQ represents a distinct investment vehicle, functioning as a portfolio of structured outcome exchange-traded funds (ETFs). It comprises a quartet of underlying equity protection funds, each designed to track the performance of the Nasdaq-100 index (via the QQQ ETF). These individual funds offer a predefined range of outcomes, setting an upper limit on potential gains while providing insulation against the initial 12% of losses.

Sector
Financial Services
Industry
Asset Management - Bonds
Market Cap
$12.4M
Beta
0.64
52-Week Range
26.86-31.71
Dividend Yield
$0.00
IPO Date
Jan 2, 2025
Exchange
NASDAQ

PBQQ Options Snapshot

Options pricing data for PBQQ is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The PBQQ overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked PBQQ overview questions

What is PBQQ?
PBQQ is the ticker symbol for PGIM Laddered Nasdaq-100 Buffer 12 ETF, an listed exchange-traded fund. PBQQ represents a distinct investment vehicle, functioning as a portfolio of structured outcome exchange-traded funds (ETFs). It comprises a quartet of underlying equity protection funds, each designed to track the performance of the Nasdaq-100 index (via the QQQ ETF). Listed on NASDAQ. PBQQ is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are PBQQ's key statistics?
PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) carries a market capitalization of $12.4M, 52-week range of 26.86-31.71. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does PBQQ belong to?
PGIM Laddered Nasdaq-100 Buffer 12 ETF operates in the Financial Services sector, in the Asset Management - Bonds industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare PBQQ's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the PBQQ data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for PBQQ, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.