EEM Options History — October 2024

In October 2024, EEM traded between $44.44 and $47.33. ATM implied volatility averaged 21.2%, placing in the 67.4% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 1.8% (HV 20d: 23.0%). Max pain ranged from $41.00 to $43.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 1.59.

Notable Days

  • 2024-10-01: Highest Volume — 1,080,992 contracts
  • 2024-10-07: Largest IV spike — 16.4% change
  • 2024-10-07: Highest IV Rank — 90.6%
  • 2024-10-31: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.77$44.44$47.33$46.11$44.44
Max Pain$42.26$41.00$43.00$42.00$43.00
ATM IV21.2%18.3%24.3%22.2%23.1%
Expected Move6.3%5.3%8.0%6.2%8.0%
HV 20d23.0%16.2%27.2%21.9%16.2%
HV 60d20.3%18.8%21.1%19.5%19.0%
IV Rank67.4%45.9%90.6%74.8%81.8%
IV Percentile95.7%88.1%99.6%99.6%98.8%
Term Structure-0.1%-2.6%9.1%-1.2%-1.5%
VWIV22.9%18.9%28.8%23.1%28.8%
Skew 25d2.0%0.2%3.7%0.5%3.7%
Skew 10d3.7%-6.7%7.0%0.0%7.0%
Call IV 25d20.6%17.8%24.9%22.0%21.7%
Put IV 25d22.6%19.5%26.2%22.5%25.4%
Bid-Ask Spread %31.002.2773.0873.0811.40
Gamma HHI0.080.070.110.090.07
Net GEX138.5M-116.0M355.1M325.4M-116.0M
Net DEX-6.17B-10.13B-2.10B-8.42B-2.10B
Net VEX-55.2M-60.1M-51.8M-53.7M-55.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.047.880.041.26
Total Volume290,420.56565,8321,080,9921,080,992223,490
Total OI9,737,354.879,250,47710,310,5369,297,6559,959,377

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$46.11$42.0022.2%6.2%21.9%74.8%23.1%0.5%-1.2%325.4M-8.42B-53.7M0.0473.081,034,69346,2994,404,6584,892,997
2024-10-02$47.09$42.5021.4%6.4%22.6%69.3%22.7%0.3%5.6%355.1M-10.13B-55.5M0.8747.99251,408218,9274,551,1234,907,964
2024-10-03$46.47$41.0022.6%6.5%23.6%77.8%22.4%2.0%0.2%301.0M-8.75B-56.8M3.3357.8858,971196,2074,551,1505,030,099
2024-10-04$46.95$41.0020.9%6.5%22.1%65.2%23.8%0.2%2.1%311.7M-9.52B-57.1M0.7458.96342,253251,6314,614,4255,141,545
2024-10-07$47.33$41.5024.3%6.9%22.1%90.6%23.9%1.2%-1.0%333.3M-10.08B-60.1M0.0760.88626,76646,8274,768,7025,233,745
2024-10-08$45.97$41.5024.3%6.5%25.2%90.4%22.8%1.2%-2.6%243.9M-6.98B-57.7M0.8558.6692,37978,8564,368,1595,256,942
2024-10-09$45.98$41.5023.0%6.4%25.3%80.9%22.2%1.0%0.3%251.2M-7.09B-57.7M0.3459.2994,07031,5604,386,5465,271,178
2024-10-10$46.02$41.5022.3%6.2%25.2%75.4%21.7%1.9%-0.9%280.1M-6.91B-58.0M1.5057.4137,22755,7224,419,4285,278,870
2024-10-11$46.34$41.5022.1%6.2%25.3%74.0%22.3%2.2%-1.0%341.1M-7.74B-55.5M1.7758.8952,88093,6114,411,7625,285,684
2024-10-14$46.16$41.5019.9%5.7%25.4%57.8%23.6%1.9%-1.8%280.4M-7.53B-52.8M0.3462.3649,04816,7844,367,7755,332,816
2024-10-15$45.11$41.5020.5%5.9%27.1%62.6%21.4%2.2%-1.7%159.6M-5.09B-53.5M1.5360.09172,382264,3804,367,7305,354,894
2024-10-16$45.52$42.0020.7%5.9%27.2%64.0%21.7%2.1%-2.0%182.0M-6.02B-53.2M2.363.70121,230286,1184,448,4855,517,746
2024-10-17$45.45$43.0019.8%5.7%26.4%56.9%23.4%1.9%-1.0%126.8M-5.68B-53.8M1.153.5885,00997,8784,498,9955,797,349
2024-10-18$45.91$43.0018.3%5.3%26.6%45.9%18.9%1.7%-0.2%140.8M-7.25B-51.8M0.852.3296,12381,7584,546,9945,763,542
2024-10-21$45.58$43.0018.9%5.6%26.7%50.8%21.2%2.6%-0.2%42.4M-5.04B-53.7M7.882.2731,498248,1114,010,1795,240,298
2024-10-22$45.53$43.0019.6%5.8%23.9%55.4%21.5%2.8%-0.1%9.2M-5.00B-53.0M2.102.4150,412105,6164,023,4395,449,799
2024-10-23$45.23$43.0020.3%6.0%23.7%60.9%21.6%2.5%-0.6%-29.1M-4.08B-53.3M2.702.5869,527187,7004,041,8815,519,483
2024-10-24$45.14$43.0020.4%6.2%19.3%61.7%22.5%2.7%-1.7%-67.6M-3.80B-53.5M0.502.55146,01472,4384,032,5685,610,245
2024-10-25$45.11$43.0020.6%6.4%19.3%62.8%22.8%2.7%-1.0%-72.6M-3.73B-56.0M1.514.40101,397153,4774,106,4625,645,165
2024-10-28$45.31$43.0020.5%6.6%18.5%62.3%23.0%2.8%-0.7%-49.5M-4.05B-56.1M1.874.6850,36593,9804,115,5695,672,130
2024-10-29$45.20$43.0020.7%6.8%18.3%63.4%25.6%2.9%9.1%-53.8M-3.96B-55.6M2.324.0520,67047,9864,150,7895,719,775
2024-10-30$44.78$43.0021.0%7.0%16.5%65.9%25.5%2.6%-0.5%-111.1M-2.92B-55.3M0.6013.53122,87473,1214,157,1315,733,569
2024-10-31$44.44$43.0023.1%8.0%16.2%81.8%28.8%3.7%-1.5%-116.0M-2.10B-55.9M1.2611.4099,076124,4144,223,7875,735,590