EMGF Options History — January 2024

In January 2024, EMGF traded between $40.55 and $42.24. ATM implied volatility averaged 22.1%, placing in the 6.6% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 0.0% (HV 20d: 22.1%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days.

Notable Days

  • 2024-01-16: Largest IV spike — 54.7% change
  • 2024-01-02: Highest IV Rank — 31.4%
  • 2024-01-02: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.69$40.55$42.24$42.24$41.76
ATM IV22.1%15.9%46.2%46.2%21.7%
Expected Move6.0%4.5%13.3%13.3%6.2%
HV 20d22.1%13.7%27.4%26.5%13.7%
HV 60d19.2%18.9%19.5%19.5%18.9%
IV Rank6.6%0.3%31.4%31.4%6.2%
IV Percentile6.7%0.4%71.8%71.8%7.5%
Term Structure-4.1%-20.0%3.3%-4.6%-1.5%
Skew 25d3.9%0.4%59.8%59.8%0.9%
Skew 10d4.4%-5.7%67.6%67.6%1.4%
Call IV 25d20.5%16.5%30.6%30.6%24.3%
Put IV 25d24.4%17.8%90.3%90.3%25.2%
Bid-Ask Spread %136.49133.28142.96142.96137.29
Gamma HHI1.001.001.001.001.00
Net GEX-274-440-193-193-330
Net DEX1.6K1.1K2.4K1.3K1.6K
Net VEX-6-7-5-7-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$42.24$0.0046.2%13.3%26.5%31.4%0.0%59.8%-4.6%-1931.3K-70.00142.96N/AN/A0001
2024-01-03$42.09$0.0021.3%6.1%26.3%5.8%0.0%0.6%-5.4%-2081.3K-70.00136.06N/AN/A0001
2024-01-04$42.00$0.0020.9%4.5%26.3%5.4%0.0%1.3%3.3%-2311.6K-70.00134.14N/AN/A0001
2024-01-05$42.03$0.0021.7%4.5%26.3%6.1%0.0%1.0%-0.9%-2061.3K-70.00134.68N/AN/A0001
2024-01-08$42.13$0.0023.1%4.6%26.3%7.6%0.0%1.5%-1.2%-2121.3K-60.00133.94N/AN/A0001
2024-01-09$41.59$0.0025.7%4.6%26.7%10.2%0.0%1.6%0.5%-2331.7K-70.00134.53N/AN/A0001
2024-01-10$41.52$0.0015.9%4.6%26.5%0.3%0.0%1.1%0.6%-3191.8K-70.00135.01N/AN/A0001
2024-01-11$41.68$0.0022.9%6.6%26.6%7.4%0.0%1.4%-12.5%-2411.6K-70.00139.54N/AN/A0001
2024-01-12$41.96$0.0016.6%4.8%26.4%0.9%0.0%0.8%1.4%-2511.5K-60.00136.61N/AN/A0001
2024-01-16$41.08$0.0025.7%7.4%26.7%10.2%0.0%1.1%-5.0%-3122.1K-60.00138.49N/AN/A0001
2024-01-17$40.55$0.0018.7%5.4%26.9%3.1%0.0%1.5%-4.9%-2912.4K-60.00133.28N/AN/A0001
2024-01-18$40.92$0.0018.7%5.4%27.3%3.1%0.0%0.9%-3.5%-2652.0K-60.00136.91N/AN/A0001
2024-01-19$41.36$0.0019.6%5.6%27.4%4.0%0.0%1.7%-7.6%-3671.9K-60.00136.03N/AN/A0001
2024-01-22$41.11$0.0020.1%5.7%15.6%4.5%0.0%1.6%-6.4%-3302.0K-60.00134.71N/AN/A0001
2024-01-23$41.37$0.0020.0%5.7%14.3%4.4%0.0%1.4%-8.1%-3571.9K-60.00135.64N/AN/A0001
2024-01-24$41.96$0.0018.7%5.4%15.2%3.1%0.0%0.7%-2.6%-2371.4K-60.00136.27N/AN/A0001
2024-01-25$41.97$0.0027.4%7.8%14.7%12.0%0.0%0.4%-20.0%-2431.3K-60.00142.89N/AN/A0001
2024-01-26$42.06$0.0018.6%5.3%14.6%3.0%0.0%1.1%-3.0%-2431.2K-50.00135.67N/AN/A0001
2024-01-29$42.19$0.0020.7%5.9%14.4%5.1%0.0%0.9%-4.6%-2391.1K-50.00135.79N/AN/A0001
2024-01-30$41.85$0.0020.4%5.8%14.6%4.8%0.0%1.2%-1.4%-4401.4K-50.00135.91N/AN/A0001
2024-01-31$41.76$0.0021.7%6.2%13.7%6.2%0.0%0.9%-1.5%-3301.6K-50.00137.29N/AN/A0001