EEM Options History — December 2024

In December 2024, EEM traded between $41.86 and $44.75. ATM implied volatility averaged 14.7%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 0.0% (HV 20d: 14.7%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.42.

Notable Days

  • 2024-12-16: Highest Volume — 2,642,776 contracts
  • 2024-12-06: Largest IV spike — 26.3% change
  • 2024-12-18: Highest IV Rank — 37.0%
  • 2024-12-03: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.15$41.86$44.75$43.45$41.86
Max Pain$43.14$43.00$44.00$43.00$43.00
ATM IV14.7%12.4%17.1%14.9%15.4%
Expected Move4.4%3.9%5.4%5.1%4.3%
HV 20d14.7%11.5%17.2%17.2%15.9%
HV 60d18.5%16.0%19.8%19.1%16.0%
IV Rank19.5%1.9%37.0%20.6%24.5%
IV Percentile40.0%0.8%76.6%44.4%56.7%
Term Structure0.6%-9.2%7.4%-1.5%0.0%
VWIV15.8%13.2%20.9%18.1%15.7%
Skew 25d1.9%-0.8%3.5%0.8%2.9%
Skew 10d4.1%-0.7%11.3%2.7%5.8%
Call IV 25d14.0%11.9%15.9%13.6%14.4%
Put IV 25d15.9%13.1%19.1%14.4%17.3%
Bid-Ask Spread %19.6710.1742.4026.7317.32
Gamma HHI0.130.100.200.130.11
Net GEX-128.6M-345.0M93.7M-86.4M-170.4M
Net DEX415.6M-4.26B4.25B-384.6M2.67B
Net VEX-37.1M-39.4M-34.5M-38.7M-35.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.420.032.850.491.29
Total Volume286,899.28658,6122,642,776125,514412,432
Total OI8,257,564.7146,262,4869,442,0789,052,3516,461,615

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$43.45$43.0014.9%5.1%17.2%20.6%18.1%0.8%-1.5%-86.4M-384.6M-38.7M0.4926.7384,04841,4664,107,3474,945,004
2024-12-03$43.47$43.0015.9%5.4%17.1%28.2%18.4%1.5%-0.8%-82.2M-484.7M-39.0M1.7722.6263,902113,4264,130,7254,966,018
2024-12-04$43.63$43.0014.8%5.3%16.4%19.8%17.5%1.9%-0.1%-96.3M-935.7M-39.4M0.8017.2290,78172,6424,161,0945,031,826
2024-12-05$43.91$43.0013.3%4.2%16.2%8.8%14.4%1.3%-9.2%-42.7M-1.94B-38.6M1.9019.4162,020118,1064,236,4605,100,300
2024-12-06$43.83$43.0016.8%4.0%13.3%34.6%13.7%2.6%0.6%-61.6M-1.71B-37.4M2.0623.8427,81457,3314,259,9495,127,382
2024-12-09$44.75$43.0016.5%4.8%12.5%32.5%16.2%0.4%0.1%93.7M-4.26B-37.7M0.7019.10175,731122,4364,253,1825,067,555
2024-12-10$44.03$43.0013.1%4.5%13.5%7.6%16.1%1.4%7.4%-49.6M-2.25B-38.4M0.8917.2160,86953,9714,344,7295,097,349
2024-12-11$44.19$43.0012.4%4.3%11.9%1.9%15.7%1.5%7.1%-22.6M-2.75B-37.5M0.9616.6575,93872,8584,341,0485,090,736
2024-12-12$43.97$43.0013.7%4.1%11.7%11.7%14.9%0.5%1.2%-90.1M-1.73B-38.0M1.1217.8843,53048,5914,238,6115,103,793
2024-12-13$44.00$43.0013.2%4.0%11.5%7.9%13.7%-0.1%1.4%-181.7M-1.80B-36.7M1.3124.9057,68175,8264,201,3105,075,663
2024-12-16$43.83$43.0013.6%3.9%11.6%11.4%13.2%-0.8%1.3%-69.6M-272.8M-35.5M0.0313.062,558,78283,9943,937,8794,849,552
2024-12-17$42.95$44.0013.5%3.9%13.1%10.7%14.3%1.5%1.3%-345.0M3.04B-36.9M0.9811.70175,151170,8743,427,2824,885,149
2024-12-18$41.91$44.0017.1%4.9%15.6%37.0%20.9%3.2%1.4%-332.3M4.25B-37.0M2.7621.6864,884178,8523,564,5674,764,200
2024-12-19$42.16$44.0016.7%4.8%15.9%34.4%19.0%3.5%-0.4%-298.4M3.59B-37.5M2.8514.8552,952150,6693,622,8174,793,196
2024-12-20$42.34$43.0015.0%4.2%16.0%21.6%16.8%3.0%0.6%-203.6M3.01B-37.1M2.8142.4037,892106,6123,663,4754,795,311
2024-12-23$42.50$43.0014.9%4.2%16.1%20.5%15.0%2.4%0.4%-114.9M1.95B-36.5M2.3123.4440,00892,3892,621,6463,640,840
2024-12-24$42.59$43.0014.1%4.0%16.0%14.6%14.5%3.2%0.4%-112.4M1.61B-35.7M1.0112.5630,69430,9992,672,1333,671,302
2024-12-26$42.48$43.0014.4%3.9%15.9%16.9%13.7%2.7%0.3%-133.8M2.07B-36.1M1.2617.2865,62082,7892,680,1253,697,044
2024-12-27$42.26$43.0014.4%4.1%16.0%17.4%14.6%2.9%0.2%-139.6M2.49B-35.7M1.8610.1720,51538,0972,713,1343,686,594
2024-12-30$42.04$43.0015.7%4.4%16.0%27.0%14.9%3.1%0.3%-161.8M2.55B-34.5M0.7323.1764,43447,2792,691,1043,689,813
2024-12-31$41.86$43.0015.4%4.3%15.9%24.5%15.7%2.9%0.0%-170.4M2.67B-35.0M1.2917.32179,753232,6792,762,3263,699,289