EMGF Options History — January 2023

In January 2023, EMGF traded between $41.46 and $44.91. ATM implied volatility averaged 42.3%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 26.9% (HV 20d: 15.4%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2023-01-11: Largest IV drop — 43.9% change
  • 2023-01-10: Highest IV Rank — 34.1%
  • 2023-01-03: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.53$41.46$44.91$41.46$43.45
ATM IV42.3%31.2%59.4%59.2%46.7%
Expected Move10.9%8.8%17.0%17.0%13.4%
HV 20d15.4%12.5%18.1%16.7%13.4%
HV 60d20.0%18.6%21.4%21.4%18.7%
IV Rank18.3%8.2%34.1%33.9%22.4%
IV Percentile56.2%18.3%93.7%93.7%76.2%
Term Structure-3.3%-13.5%1.5%-12.4%-6.0%
Skew 25d42.9%33.2%58.1%41.2%58.1%
Skew 10d50.2%38.2%65.7%49.3%65.7%
Call IV 25d28.0%18.9%55.2%54.1%30.0%
Put IV 25d70.9%52.0%97.0%95.3%88.1%
Bid-Ask Spread %138.31133.07150.49150.49136.62
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$41.46$0.0059.2%17.0%16.7%33.9%0.0%41.2%-12.4%0000.00150.49N/AN/A0000
2023-01-04$42.04$0.0057.9%16.6%16.7%32.6%0.0%41.8%-13.5%0000.00149.13N/AN/A0000
2023-01-05$41.95$0.0049.1%9.1%16.7%24.6%0.0%33.2%1.3%0000.00135.25N/AN/A0000
2023-01-06$42.80$0.0048.2%8.8%18.1%23.8%0.0%37.1%1.5%0000.00133.07N/AN/A0000
2023-01-09$43.02$0.0057.2%9.5%18.1%32.1%0.0%35.4%-1.6%0000.00138.76N/AN/A0000
2023-01-10$43.13$0.0059.4%9.5%18.0%34.1%0.0%35.8%-1.8%0000.00138.76N/AN/A0000
2023-01-11$43.27$0.0033.3%9.6%18.0%10.2%0.0%39.1%-1.1%0000.00134.18N/AN/A0000
2023-01-12$43.52$0.0032.2%9.2%15.9%9.1%0.0%36.6%-2.4%0000.00139.29N/AN/A0000
2023-01-13$43.75$0.0031.2%8.9%16.0%8.2%0.0%39.6%-0.2%0000.00136.50N/AN/A0000
2023-01-17$43.74$0.0034.1%9.8%14.5%10.9%0.0%39.9%-2.3%0000.00139.48N/AN/A0000
2023-01-18$43.53$0.0034.5%9.9%14.8%11.2%0.0%40.6%-3.0%0000.00140.27N/AN/A0000
2023-01-19$43.95$0.0035.7%10.2%14.7%12.3%0.0%41.0%-3.1%0000.00138.30N/AN/A0000
2023-01-20$44.32$0.0036.9%10.6%14.7%13.4%0.0%41.5%-2.8%0000.00139.12N/AN/A0000
2023-01-23$44.60$0.0036.4%10.4%14.6%12.9%0.0%43.6%-3.7%0000.00139.14N/AN/A0000
2023-01-24$44.59$0.0035.8%10.3%13.9%12.4%0.0%47.5%-1.6%0000.00135.19N/AN/A0000
2023-01-25$44.51$0.0036.3%10.4%13.9%12.8%0.0%48.7%-3.3%0000.00134.01N/AN/A0000
2023-01-26$44.91$0.0037.8%10.8%12.5%14.3%0.0%49.3%-3.1%0000.00135.60N/AN/A0000
2023-01-27$44.44$0.0041.0%11.8%12.5%17.2%0.0%51.0%-3.5%0000.00136.29N/AN/A0000
2023-01-30$43.69$0.0042.2%12.1%14.0%18.3%0.0%56.0%-3.9%0000.00136.84N/AN/A0000
2023-01-31$43.45$0.0046.7%13.4%13.4%22.4%0.0%58.1%-6.0%0000.00136.62N/AN/A0000