EEM Options History — June 2022

In June 2022, EEM traded between $39.48 and $43.03. ATM implied volatility averaged 23.6%, placing in the 41.7% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 3.2% (HV 20d: 26.9%). Max pain ranged from $41.00 to $50.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.68.

Notable Days

2022-06-29: Highest Volume — 549,322 contracts
2022-06-13: Largest IV spike — 18.7% change
2022-06-16: Highest IV Rank — 60.3%
2022-06-16: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$40.98	$39.48	$43.03	$42.43	$40.04
Max Pain	$42.52	$41.00	$50.00	$50.00	$41.00
ATM IV	23.6%	20.3%	28.0%	21.4%	24.2%
Expected Move	6.8%	5.8%	8.1%	6.4%	6.7%
HV 20d	26.9%	22.1%	29.4%	28.3%	27.4%
HV 60d	25.3%	22.6%	28.0%	27.8%	24.4%
IV Rank	41.7%	27.3%	60.3%	32.0%	43.5%
IV Percentile	76.0%	57.9%	92.5%	67.9%	79.0%
Term Structure	0.0%	-0.9%	1.2%	-0.1%	-0.2%
VWIV	23.2%	19.9%	26.6%	22.6%	23.6%
Skew 25d	5.0%	4.2%	6.4%	5.0%	4.6%
Skew 10d	9.5%	7.7%	12.6%	8.5%	9.6%
Call IV 25d	21.5%	18.7%	25.6%	19.7%	22.1%
Put IV 25d	26.5%	23.0%	31.9%	24.7%	26.7%
Bid-Ask Spread %	41.50	3.84	66.38	60.77	3.84
Gamma HHI	0.12	0.08	0.21	0.11	0.16
Net GEX	-129.3M	-284.0M	-19.3M	-122.0M	-159.2M
Net DEX	5.48B	3.38B	7.70B	5.93B	4.13B
Net VEX	-28.8M	-31.6M	-26.4M	-29.8M	-29.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.68	0.82	2.76	2.04	1.42
Total Volume	347,518.095	198,130	549,322	332,920	415,412
Total OI	5,801,387.143	4,416,094	6,825,014	6,237,251	4,927,403

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$42.43	$50.00	21.4%	6.4%	28.3%	32.0%	22.6%	5.0%	-0.1%	-122.0M	5.93B	-29.8M	2.04	60.77	109,454	223,466	2,457,118	3,780,133
2022-06-02	$43.03	$43.00	20.4%	5.9%	28.3%	27.8%	20.0%	4.6%	-0.1%	-82.1M	5.34B	-30.4M	1.16	51.18	166,445	193,396	2,492,360	3,820,460
2022-06-03	$42.33	$43.00	20.3%	6.1%	25.1%	27.3%	21.1%	4.6%	0.3%	-107.2M	6.10B	-29.8M	1.55	24.60	128,877	200,209	2,597,259	3,846,789
2022-06-06	$42.58	$43.00	21.3%	6.0%	24.7%	31.8%	23.0%	4.5%	-0.4%	-70.7M	5.80B	-30.1M	1.64	20.86	170,298	278,632	2,613,677	3,838,161
2022-06-07	$42.74	$43.00	20.6%	5.8%	22.1%	28.8%	21.9%	4.5%	-0.6%	-45.0M	5.70B	-31.0M	1.37	11.45	169,892	232,589	2,711,618	3,911,428
2022-06-08	$43.00	$43.00	20.3%	5.9%	22.1%	27.5%	19.9%	4.2%	0.4%	-19.3M	5.61B	-31.6M	0.82	15.81	203,788	167,795	2,805,783	3,994,745
2022-06-09	$41.66	$43.00	22.8%	6.4%	25.3%	38.0%	21.8%	4.9%	-0.6%	-143.4M	7.16B	-30.5M	2.15	45.37	92,092	197,602	2,789,583	4,035,431
2022-06-10	$41.19	$43.00	23.5%	6.8%	25.4%	41.0%	22.9%	4.9%	0.4%	-181.8M	6.19B	-30.0M	1.38	24.46	132,902	183,611	2,811,231	3,720,736
2022-06-13	$39.67	$42.00	27.9%	7.9%	27.2%	59.9%	26.6%	6.3%	1.2%	-240.8M	7.46B	-27.7M	2.15	60.90	92,570	198,881	2,805,190	3,697,938
2022-06-14	$40.22	$42.00	27.3%	7.8%	27.7%	57.4%	24.9%	6.0%	-0.3%	-231.8M	6.94B	-28.3M	2.62	59.57	112,427	294,200	2,816,012	3,692,080
2022-06-15	$40.80	$42.00	24.1%	6.9%	26.7%	43.6%	22.7%	4.8%	-0.3%	-213.5M	6.37B	-28.8M	1.29	65.79	163,857	211,003	2,854,175	3,734,303
2022-06-16	$39.48	$42.00	28.0%	8.1%	28.0%	60.3%	26.6%	6.4%	-0.9%	-284.0M	7.70B	-27.2M	2.76	7.74	85,869	236,693	2,927,902	3,760,574
2022-06-17	$39.67	$42.00	25.4%	7.2%	27.3%	49.3%	25.6%	6.0%	0.8%	-241.4M	7.62B	-27.3M	2.51	66.38	150,664	378,235	2,956,723	3,797,847
2022-06-21	$40.35	$42.00	24.8%	7.1%	28.1%	46.6%	23.6%	5.4%	0.2%	-86.7M	3.82B	-27.9M	1.70	47.21	115,664	197,161	1,776,065	2,640,029
2022-06-22	$39.59	$42.00	25.7%	7.3%	28.6%	50.8%	24.9%	5.5%	0.1%	-110.1M	4.43B	-26.4M	1.76	41.18	95,702	168,460	1,796,527	2,652,534
2022-06-23	$39.72	$42.00	24.9%	7.0%	28.3%	47.4%	23.0%	5.3%	0.3%	-114.3M	4.33B	-26.4M	1.43	30.77	115,331	165,262	1,817,943	2,658,663
2022-06-24	$40.57	$42.00	23.2%	6.7%	29.4%	39.9%	22.9%	4.3%	0.5%	-38.5M	3.59B	-28.4M	1.32	54.61	123,998	163,323	1,863,026	2,688,852
2022-06-27	$40.72	$41.00	23.5%	6.6%	28.7%	40.9%	22.1%	4.8%	0.1%	-65.2M	3.38B	-28.3M	1.26	62.53	87,827	110,303	1,884,344	2,660,759
2022-06-28	$40.49	$41.00	23.8%	6.7%	28.5%	41.6%	24.9%	4.6%	-0.1%	-65.9M	3.54B	-27.9M	1.74	60.30	78,376	136,292	1,914,265	2,664,759
2022-06-29	$40.28	$41.00	23.3%	6.5%	27.4%	39.5%	23.4%	4.3%	-0.1%	-93.4M	3.86B	-27.4M	1.14	56.12	256,290	293,032	1,914,752	2,699,953
2022-06-30	$40.04	$41.00	24.2%	6.7%	27.4%	43.5%	23.6%	4.6%	-0.2%	-159.2M	4.13B	-29.4M	1.42	3.84	171,587	243,825	2,052,266	2,875,137