EMGF Options History — November 2023

In November 2023, EMGF traded between $40.03 and $43.00. ATM implied volatility averaged 41.5%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 25.6% (HV 20d: 15.9%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 2 of 21 days.

Notable Days

  • 2023-11-20: Highest Volume — 1 contracts
  • 2023-11-08: Largest IV drop — 38.3% change
  • 2023-11-07: Highest IV Rank — 35.0%
  • 2023-11-01: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.05$40.03$43.00$40.03$42.81
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV41.5%33.0%56.2%49.1%46.2%
Expected Move10.7%8.7%14.1%14.1%13.2%
HV 20d15.9%14.7%17.7%15.3%14.7%
HV 60d14.2%13.2%14.8%13.2%14.2%
IV Rank22.4%15.0%35.0%28.9%26.4%
IV Percentile49.4%11.9%86.9%77.4%69.8%
Term Structure-2.9%-7.4%16.0%-5.5%-7.4%
Skew 25d42.5%-9.4%62.9%62.9%62.6%
Skew 10d47.3%-16.2%71.3%-16.2%71.3%
Call IV 25d28.2%20.6%64.7%28.5%32.3%
Put IV 25d70.7%12.5%94.9%91.4%94.9%
Bid-Ask Spread %140.61133.21143.57133.21141.20
Gamma HHI1.001.001.001.001.00
Net GEX-148-2330-174-233
Net DEX1.0K01.5K1.4K1.3K
Net VEX-4-80-3-7
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0480100
Total OI0.9520111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$40.03$39.0049.1%14.1%15.3%28.9%0.0%62.9%-5.5%-1741.4K-30.00133.21N/AN/A0001
2023-11-02$40.72$0.0047.7%8.7%16.5%27.7%0.0%38.4%-0.6%-1451.2K-30.00140.66N/AN/A0001
2023-11-03$41.45$0.0053.1%9.4%16.9%32.4%0.0%38.6%-2.4%-1321.0K-30.00140.66N/AN/A0001
2023-11-06$41.68$0.0054.4%9.0%16.8%33.5%0.0%39.4%-0.8%-137828-20.00140.79N/AN/A0001
2023-11-07$41.65$0.0056.2%8.9%15.8%35.0%0.0%40.4%5.0%-1251.0K-20.00139.95N/AN/A0001
2023-11-08$41.39$0.0034.6%9.9%16.0%16.4%0.0%1.3%-3.8%-140992-20.00141.61N/AN/A0001
2023-11-09$41.05$0.0033.7%9.6%15.8%15.6%0.0%41.7%-1.8%-166954-20.00142.77N/AN/A0001
2023-11-10$41.44$0.0035.6%10.2%16.0%17.2%0.0%18.6%-4.7%-1181.2K-20.00141.47N/AN/A0001
2023-11-13$41.50$0.0037.2%10.7%15.7%18.6%0.0%44.1%-6.2%-1351.0K-10.00141.42N/AN/A0001
2023-11-14$42.52$0.0033.0%9.5%17.7%15.0%0.0%-9.4%-2.7%-110793-10.00135.58N/AN/A0001
2023-11-15$42.70$0.0034.0%9.7%16.6%15.8%0.0%44.2%-2.9%-107767-10.00143.57N/AN/A0001
2023-11-16$42.36$0.0037.2%10.7%16.8%18.6%0.0%45.2%16.0%-114833-10.00142.15N/AN/A0001
2023-11-17$42.44$0.0038.0%10.9%16.0%19.3%0.0%46.3%-4.0%0000.00140.77N/AN/A0001
2023-11-20$43.00$0.0037.1%10.6%16.3%18.6%0.0%48.4%-3.9%0000.00139.62N/AN/A0100
2023-11-21$42.70$0.0037.4%10.7%16.4%18.8%0.0%49.6%-4.8%-2001.4K-80.00141.22N/AN/A0001
2023-11-22$42.64$0.0038.0%10.9%15.3%19.3%0.0%50.8%-5.1%-1981.4K-80.00140.88N/AN/A0001
2023-11-24$42.68$0.0039.6%11.3%15.0%20.7%0.0%52.9%-5.9%-2021.4K-80.00141.10N/AN/A0001
2023-11-27$42.62$0.0042.2%12.1%15.1%23.0%0.0%57.4%-6.5%-2001.5K-80.00141.56N/AN/A0001
2023-11-28$42.97$0.0044.0%12.6%14.9%24.5%0.0%58.7%-6.4%-2331.2K-70.00140.78N/AN/A0001
2023-11-29$42.72$0.0044.4%12.7%14.8%24.9%0.0%60.7%-6.0%-2291.4K-80.00141.77N/AN/A0001
2023-11-30$42.81$0.0046.2%13.2%14.7%26.4%0.0%62.6%-7.4%-2331.3K-70.00141.20N/AN/A0001