EMGF Options History — May 2022

In May 2022, EMGF traded between $43.75 and $46.89. ATM implied volatility averaged 38.2%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 17.7% (HV 20d: 20.5%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2022-05-31: Highest Volume — 21 contracts
  • 2022-05-11: Largest IV drop — 46.1% change
  • 2022-05-09: Highest IV Rank — 65.6%
  • 2022-05-04: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.24$43.75$46.89$45.96$46.72
Max Pain$47.00$47.00$47.00$47.00$47.00
ATM IV38.2%26.4%72.9%35.3%38.1%
Expected Move9.6%7.6%13.0%10.1%10.9%
HV 20d20.5%15.8%23.0%16.6%22.0%
HV 60d23.0%22.0%23.6%22.0%23.2%
IV Rank21.7%6.8%65.6%18.0%21.5%
IV Percentile55.8%18.8%97.5%56.1%67.2%
Term Structure-8.0%-14.1%-4.6%-9.5%-10.5%
VWIV38.0%32.1%49.4%36.8%49.4%
Skew 25d3.7%2.3%5.4%2.7%2.5%
Skew 10d-0.2%-15.1%34.4%3.6%34.4%
Call IV 25d37.5%28.9%53.9%38.4%44.5%
Put IV 25d41.2%32.9%56.1%41.2%47.0%
Bid-Ask Spread %140.71133.67155.11146.11137.82
Gamma HHI0.450.410.480.460.41
Net GEX-2.2K-2.9K-1.6K-2.1K-1.6K
Net DEX15.5K9.2K22.9K18.5K9.2K
Net VEX-72-104-35-104-35
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.952121121
Total OI3131313131

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$45.96$0.0035.3%10.1%16.6%18.0%0.0%2.7%-9.5%-2.1K18.5K-1040.00146.11N/AN/A01031
2022-05-03$46.44$0.0035.4%10.2%15.8%18.2%0.0%2.4%-10.8%-1.9K15.7K-860.00147.01N/AN/A01031
2022-05-04$46.89$0.0045.3%13.0%16.0%30.7%0.0%2.3%-14.1%-1.8K13.7K-820.00155.11N/AN/A01031
2022-05-05$45.39$47.0051.3%9.9%19.2%38.2%36.8%4.1%-5.6%-2.3K17.8K-930.00139.12N/AN/A01031
2022-05-06$45.22$47.0051.8%10.1%19.2%38.9%37.3%5.4%-7.1%-2.3K18.3K-910.00140.06N/AN/A01031
2022-05-09$44.21$47.0072.9%9.2%20.1%65.6%44.6%4.8%-11.9%-2.6K21.9K-1000.00137.34N/AN/A01031
2022-05-10$44.33$47.0053.9%7.9%20.1%41.6%35.1%4.4%-6.6%-2.7K21.3K-950.00138.49N/AN/A01031
2022-05-11$44.08$47.0029.1%8.3%20.1%10.2%42.1%4.9%-7.1%-2.7K20.7K-970.00138.16N/AN/A01031
2022-05-12$43.75$47.0026.4%7.6%19.1%6.8%39.0%4.6%-4.7%-2.9K22.9K-1000.00135.43N/AN/A01031
2022-05-13$44.72$47.0028.6%8.2%21.4%9.6%32.2%4.0%-4.6%-2.5K16.5K-770.00136.85N/AN/A01031
2022-05-16$44.58$47.0033.5%9.6%21.4%15.8%37.7%4.2%-9.7%-2.5K16.9K-780.00142.97N/AN/A01031
2022-05-17$45.36$47.0032.4%9.3%22.6%14.3%34.6%3.2%-8.6%-2.1K13.8K-650.00145.74N/AN/A01031
2022-05-18$44.70$47.0035.1%10.1%23.0%17.8%38.6%3.3%-11.2%-2.3K14.1K-630.00144.22N/AN/A01031
2022-05-19$45.09$47.0033.6%9.6%22.7%15.9%38.3%3.6%-5.0%-2.1K11.9K-550.00144.50N/AN/A01031
2022-05-20$45.29$47.0029.3%8.4%22.8%10.4%33.0%3.5%-4.6%-2.0K11.4K-490.00139.35N/AN/A01031
2022-05-23$45.54$47.0029.7%8.5%22.4%11.0%32.1%4.0%-6.1%-1.7K9.3K-380.00136.60N/AN/A01031
2022-05-24$44.93$47.0031.3%9.0%22.0%12.9%35.6%4.2%-6.1%-2.3K14.9K-610.00133.67N/AN/A01031
2022-05-25$45.08$47.0036.6%10.5%21.5%19.7%39.6%3.7%-8.6%-2.2K13.8K-530.00138.96N/AN/A01031
2022-05-26$45.66$47.0036.2%10.4%21.3%19.1%39.4%3.0%-7.9%-1.9K11.1K-450.00137.23N/AN/A01031
2022-05-27$46.00$47.0035.8%10.3%21.4%18.7%38.9%2.3%-7.0%-1.9K12.8K-510.00140.22N/AN/A01031
2022-05-31$46.72$47.0038.1%10.9%22.0%21.5%49.4%2.5%-10.5%-1.6K9.2K-350.00137.82N/AN/A021031