EMGF Options History — August 2023

In August 2023, EMGF traded between $40.82 and $43.55. ATM implied volatility averaged 35.7%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 19.9% (HV 20d: 15.8%). Max pain ranged from $42.00 to $42.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 2 of 23 days.

Notable Days

  • 2023-08-24: Largest IV spike — 83.1% change
  • 2023-08-08: Highest IV Rank — 33.8%
  • 2023-08-02: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.88$40.82$43.55$43.55$41.75
Max Pain$42.00$42.00$42.00$42.00$42.00
ATM IV35.7%20.8%59.8%42.1%23.2%
Expected Move9.1%6.0%13.0%12.1%6.7%
HV 20d15.8%12.0%19.4%17.6%12.4%
HV 60d15.8%15.3%16.2%15.5%15.4%
IV Rank13.1%0.0%33.8%17.4%2.2%
IV Percentile34.7%0.0%91.3%56.7%0.8%
Term Structure-4.1%-9.6%16.3%-3.0%-8.6%
Skew 25d46.6%32.4%61.2%57.8%61.2%
Skew 10d51.6%39.2%69.2%65.5%65.5%
Call IV 25d21.4%17.6%31.3%29.7%23.8%
Put IV 25d68.0%50.6%92.3%87.5%85.0%
Bid-Ask Spread %135.64131.47139.69138.69139.25
Gamma HHI1.001.001.001.001.00
Net GEX-255-353-205-205-353
Net DEX2.1K1.3K2.6K1.3K2.2K
Net VEX-5-6-3-5-3
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$43.55$0.0042.1%12.1%17.6%17.4%0.0%57.8%-3.0%-2051.3K-50.00138.69N/AN/A0001
2023-08-02$42.56$0.0045.5%13.0%19.4%20.5%0.0%61.0%-5.6%-2121.7K-60.00139.69N/AN/A0001
2023-08-03$42.75$42.0046.2%8.7%17.9%21.2%0.0%34.6%-2.3%-2171.6K-60.00132.10N/AN/A0001
2023-08-04$42.76$42.0047.8%8.7%17.5%22.7%0.0%34.8%-1.6%-2221.6K-50.00133.54N/AN/A0001
2023-08-07$42.74$42.0053.5%8.8%17.5%27.9%0.0%32.4%-1.5%-2391.5K-50.00134.37N/AN/A0001
2023-08-08$42.27$42.0059.8%6.1%17.7%33.8%0.0%36.9%-5.6%-2401.8K-50.00131.47N/AN/A0001
2023-08-09$42.40$42.0020.8%6.0%16.2%0.0%0.0%37.4%-7.2%-2481.7K-50.00133.31N/AN/A0001
2023-08-10$42.36$42.0020.8%6.0%15.4%0.1%0.0%37.5%-4.2%-2511.7K-50.00134.08N/AN/A0001
2023-08-11$41.84$42.0025.1%7.2%15.9%4.0%0.0%39.9%-7.6%-2142.1K-50.00133.18N/AN/A0001
2023-08-14$41.71$42.0024.8%7.1%15.9%3.7%0.0%40.9%-8.9%-2302.3K-50.00132.87N/AN/A0001
2023-08-15$41.25$42.0036.9%10.6%16.2%14.6%0.0%42.9%-2.6%-2172.3K-50.00134.70N/AN/A0001
2023-08-16$40.95$42.0036.6%10.5%16.3%14.4%0.0%43.1%-3.3%-2442.5K-50.00133.77N/AN/A0001
2023-08-17$41.07$42.0037.2%10.7%16.2%14.9%0.0%44.3%16.3%-2562.5K-40.00133.57N/AN/A0001
2023-08-18$40.82$42.0037.4%10.7%16.3%15.1%0.0%45.2%-3.5%-2382.6K-40.00135.68N/AN/A0001
2023-08-21$40.94$42.0039.0%11.2%15.3%16.5%0.0%48.3%-3.3%-2452.5K-40.00135.85N/AN/A0001
2023-08-22$40.91$42.0039.8%11.4%14.9%17.2%0.0%48.5%2.5%-2552.6K-40.00139.52N/AN/A0001
2023-08-23$41.55$42.0024.0%6.9%16.0%3.0%0.0%50.0%-9.5%-2722.3K-40.00136.80N/AN/A0001
2023-08-24$41.38$42.0044.0%12.6%15.6%21.0%0.0%50.6%-5.6%-2722.3K-40.00138.21N/AN/A0001
2023-08-25$41.39$42.0044.7%12.8%13.0%21.7%0.0%52.0%-5.3%-2912.4K-40.00136.98N/AN/A0001
2023-08-28$41.80$42.0024.8%7.1%13.7%3.6%0.0%56.1%-9.6%-3032.2K-40.00137.12N/AN/A0001
2023-08-29$42.36$42.0023.4%6.7%14.4%2.4%0.0%57.6%-6.4%-3141.8K-40.00136.87N/AN/A0001
2023-08-30$42.18$42.0023.9%6.9%12.0%2.9%0.0%59.3%-8.4%-3341.9K-40.00138.14N/AN/A0001
2023-08-31$41.75$42.0023.2%6.7%12.4%2.2%0.0%61.2%-8.6%-3532.2K-30.00139.25N/AN/A0001