EMGF Options History — April 2023

In April 2023, EMGF traded between $39.99 and $41.70. ATM implied volatility averaged 41.6%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 29.5% (HV 20d: 12.1%). Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-04-14: Highest Volume — 1 contracts
  • 2023-04-12: Largest IV drop — 41.0% change
  • 2023-04-10: Highest IV Rank — 34.7%
  • 2023-04-05: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.16$39.99$41.70$41.63$40.99
ATM IV41.6%33.0%60.4%43.2%41.5%
Expected Move10.9%8.9%14.0%12.4%11.9%
HV 20d12.1%10.7%15.2%15.2%12.5%
HV 60d14.2%13.9%14.6%14.6%14.3%
IV Rank17.4%9.4%34.7%18.9%17.3%
IV Percentile50.9%14.3%92.5%64.7%58.3%
Term Structure0.1%-5.0%4.8%-5.0%0.1%
Skew 25d47.3%22.2%63.0%59.0%55.5%
Skew 10d54.2%27.2%71.3%67.3%63.3%
Call IV 25d26.9%20.8%44.1%30.8%28.7%
Put IV 25d74.2%58.7%95.2%89.8%84.1%
Bid-Ask Spread %138.41135.81155.32138.63136.91
Gamma HHI1.001.001.001.001.00
Net GEX89-1621518263
Net DEX-263-1.9K1.7K-1.8K1.2K
Net VEX-11-17-6-7-15
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1050100
Total OI1.5261212

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$41.63$0.0043.2%12.4%15.2%18.9%0.0%59.0%-5.0%182-1.8K-70.00138.63N/AN/A0010
2023-04-04$41.55$0.0043.8%12.6%14.0%19.4%0.0%60.7%-4.2%186-1.7K-70.00137.26N/AN/A0010
2023-04-05$41.29$0.0048.8%14.0%14.1%24.0%0.0%63.0%-5.0%184-1.6K-70.00138.16N/AN/A0010
2023-04-06$41.45$0.0051.0%9.3%12.0%26.0%0.0%37.9%4.3%186-1.7K-70.00135.81N/AN/A0010
2023-04-10$41.47$0.0060.4%9.9%11.7%34.7%0.0%37.5%0.6%141-1.8K-70.00139.13N/AN/A0010
2023-04-11$41.70$0.0056.6%8.9%11.8%31.2%0.0%39.9%4.0%215-1.8K-70.00135.88N/AN/A0010
2023-04-12$41.13$0.0033.4%9.6%12.8%9.8%0.0%41.1%4.8%187-1.5K-60.00138.51N/AN/A0010
2023-04-13$41.66$0.0040.6%11.7%11.7%16.5%0.0%22.2%-2.1%120-1.9K-70.00155.32N/AN/A0010
2023-04-14$41.46$0.0034.6%9.9%11.1%10.9%0.0%42.1%1.5%148-1.8K-70.00136.63N/AN/A0110
2023-04-17$41.55$0.0033.0%9.5%10.7%9.4%0.0%44.2%0.5%4460-170.00136.90N/AN/A0011
2023-04-18$41.52$0.0033.0%9.5%10.8%9.4%0.0%45.0%1.0%1486-170.00136.89N/AN/A0011
2023-04-19$41.13$0.0036.3%10.4%11.2%12.5%0.0%46.3%0.9%-8760-160.00135.94N/AN/A0011
2023-04-20$41.07$0.0036.7%10.5%10.9%12.8%0.0%47.1%0.8%-4802-160.00136.28N/AN/A0011
2023-04-21$40.74$0.0036.0%10.3%11.1%12.3%0.0%48.3%0.4%-161.1K-150.00136.21N/AN/A0011
2023-04-24$40.69$0.0037.3%10.7%11.1%13.4%0.0%51.1%1.1%-61.1K-150.00137.85N/AN/A0011
2023-04-25$39.99$0.0042.0%12.0%12.6%17.8%0.0%49.7%-1.1%11.4K-140.00142.01N/AN/A1011
2023-04-26$40.22$0.0042.4%12.2%12.1%18.1%0.0%54.0%-0.5%521.7K-130.00138.79N/AN/A0011
2023-04-27$40.77$0.0040.0%11.5%13.0%16.0%0.0%54.4%-0.3%591.4K-140.00136.66N/AN/A0011
2023-04-28$40.99$0.0041.5%11.9%12.5%17.3%0.0%55.5%0.1%631.2K-150.00136.91N/AN/A0011