EMGF Options History — February 2023

In February 2023, EMGF traded between $40.45 and $43.64. ATM implied volatility averaged 41.5%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 28.2% (HV 20d: 13.3%). Net GEX was positive for 2 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-02-15: Highest Volume — 5 contracts
  • 2023-02-08: Largest IV drop — 43.3% change
  • 2023-02-07: Highest IV Rank — 33.4%
  • 2023-02-28: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.92$40.45$43.64$43.64$40.45
ATM IV41.5%33.2%58.6%43.8%49.5%
Expected Move10.6%8.6%14.2%12.5%14.2%
HV 20d13.3%12.4%14.6%13.3%13.2%
HV 60d16.3%14.8%18.7%18.7%14.8%
IV Rank17.5%10.0%33.4%19.7%24.7%
IV Percentile55.2%21.0%92.9%70.2%81.0%
Term Structure2.4%-6.4%16.7%-4.8%-6.4%
Skew 25d47.1%34.3%62.6%59.6%62.6%
Skew 10d54.2%38.7%71.2%67.8%71.2%
Call IV 25d24.9%17.2%32.3%31.2%32.3%
Put IV 25d71.9%51.4%94.9%90.7%94.9%
Bid-Ask Spread %135.83133.96138.05135.77136.22
Gamma HHI1.001.001.001.001.00
Net GEX1.1K019.2K00
Net DEX-796-11.3K000
Net VEX-0-4000
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2630500
Total OI0.5260500

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$43.64$0.0043.8%12.5%13.3%19.7%0.0%59.6%-4.8%0000.00135.77N/AN/A0000
2023-02-02$43.19$0.0048.1%8.7%13.3%23.7%0.0%36.1%5.4%0000.00134.69N/AN/A0000
2023-02-03$42.52$0.0047.5%8.6%14.6%23.1%0.0%34.3%3.5%0000.00136.25N/AN/A0000
2023-02-06$41.98$0.0056.0%9.2%13.4%31.0%0.0%39.5%4.9%0000.00135.27N/AN/A0000
2023-02-07$42.11$0.0058.6%9.3%13.3%33.4%0.0%40.1%6.8%0000.00134.28N/AN/A0000
2023-02-08$42.18$0.0033.3%9.5%13.3%10.1%0.0%40.5%4.2%0000.00135.50N/AN/A0000
2023-02-09$42.09$0.0033.6%9.6%13.2%10.3%0.0%41.1%3.4%0000.00135.88N/AN/A0000
2023-02-10$41.83$0.0033.2%9.5%13.0%10.0%0.0%41.8%4.1%0000.00135.72N/AN/A0000
2023-02-13$42.35$0.0035.7%10.2%13.8%11.9%0.0%43.5%4.3%0000.00133.96N/AN/A0000
2023-02-14$42.23$0.0035.5%10.2%13.8%11.8%0.0%44.2%5.0%0000.00134.66N/AN/A0000
2023-02-15$42.00$0.0035.5%10.2%13.8%11.8%0.0%44.9%3.7%0000.00135.23N/AN/A5000
2023-02-16$42.15$0.0036.5%10.5%13.3%12.7%0.0%46.1%15.6%803-11.3K-40.00135.02N/AN/A0050
2023-02-17$41.89$0.0036.5%10.5%12.8%12.7%0.0%46.9%16.7%19.2K-3.9K-10.00136.30N/AN/A0050
2023-02-21$41.58$0.0038.4%11.0%12.4%14.4%0.0%50.7%-3.1%0000.00136.79N/AN/A0000
2023-02-22$41.23$0.0041.7%12.0%12.4%17.5%0.0%52.7%-4.1%0000.00138.05N/AN/A0000
2023-02-23$41.55$0.0039.2%11.2%13.1%15.1%0.0%53.4%-3.7%0000.00137.15N/AN/A0000
2023-02-24$40.66$0.0041.7%12.0%13.7%17.5%0.0%55.9%-3.9%0000.00137.18N/AN/A0000
2023-02-27$40.82$0.0045.0%12.9%13.9%20.5%0.0%60.1%-5.2%0000.00136.94N/AN/A0000
2023-02-28$40.45$0.0049.5%14.2%13.2%24.7%0.0%62.6%-6.4%0000.00136.22N/AN/A0000