Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $6.30B, listed on NASDAQ, carrying a beta of 1.04 to the broader market. The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in commodity-linked futures and other financial instruments that provide economic exposure to a diverse group of the world's most heavily traded commodities. public since 2014-11-07.

Snapshot as of May 15, 2026.

Spot Price
$18.59
Total OI
22.6K
Total Volume
593
Front Expiration
34 days
Second Expiration
63 days
ATM IV
32.5%
Avg Bid/Ask Spread
57.40%

As of May 15, 2026, Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) has 22.6K open contracts and 593 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 32.5%. Average bid/ask spread across the chain is 57.40%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How PDBC options chain Data Feeds Strategy Selection

Strategy selection on Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 32.5% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the options chain 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.

Learn how the options chain is reported and how to read the data →

Frequently asked PDBC options chain questions

What does the PDBC options chain show right now?
As of May 15, 2026, Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) has 22.6K contracts outstanding and 593 traded today, with ATM IV of 32.5%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for PDBC options?
The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are PDBC options bid/ask spreads?
Average bid/ask spread across the chain is 57.40%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.