EMGF Options History — February 2024

In February 2024, EMGF traded between $42.13 and $43.97. ATM implied volatility averaged 19.6%, placing in the 4.1% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 5.6% (HV 20d: 14.0%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 5 of 20 days.

Notable Days

  • 2024-02-07: Largest IV drop — 35.0% change
  • 2024-02-06: Highest IV Rank — 9.2%
  • 2024-02-13: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.15$42.13$43.97$42.14$43.61
Max Pain$41.00$41.00$41.00$41.00$41.00
ATM IV19.6%16.0%24.6%21.2%20.4%
Expected Move5.2%4.4%6.4%4.5%5.8%
HV 20d14.0%13.1%15.5%14.1%13.6%
HV 60d18.7%18.1%18.9%18.6%18.8%
IV Rank4.1%0.3%9.2%5.7%4.8%
IV Percentile6.1%0.8%13.1%6.3%9.1%
Term Structure-1.4%-9.1%16.3%-0.9%-6.6%
Skew 25d0.3%-4.9%2.4%1.1%1.0%
Skew 10d-4.6%-16.4%1.8%1.6%-16.4%
Call IV 25d18.7%16.0%23.2%16.5%22.8%
Put IV 25d19.0%13.0%24.1%17.7%23.8%
Bid-Ask Spread %135.31131.82141.03131.82133.93
Gamma HHI1.001.001.001.001.00
Net GEX-178-257-125-247-151
Net DEX6553651.2K1.2K436
Net VEX-3-5-1-5-1
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$42.14$41.0021.2%4.5%14.1%5.7%0.0%1.1%-0.9%-2471.2K-50.00131.82N/AN/A0001
2024-02-02$42.13$41.0022.0%4.6%14.1%6.5%0.0%0.2%-0.4%-2571.2K-50.00132.78N/AN/A0001
2024-02-05$42.19$41.0023.9%4.4%14.1%8.4%0.0%2.4%2.6%-203916-40.00133.03N/AN/A0001
2024-02-06$42.98$41.0024.6%4.6%15.5%9.2%0.0%0.2%0.3%-191667-30.00133.35N/AN/A0001
2024-02-07$43.05$41.0016.0%4.6%14.6%0.3%0.0%0.4%1.9%-193679-30.00134.25N/AN/A0001
2024-02-08$42.84$41.0016.2%4.7%14.8%0.6%0.0%-0.6%-0.9%-208705-30.00133.63N/AN/A0001
2024-02-09$42.98$41.0021.6%6.2%14.7%6.1%0.0%-4.9%-9.1%-183910-40.00141.03N/AN/A0001
2024-02-12$43.17$41.0016.9%4.8%14.7%1.2%0.0%-0.5%-0.5%-181654-30.00135.17N/AN/A0001
2024-02-13$42.34$41.0022.5%6.4%14.3%7.0%0.0%1.9%-6.5%-205744-30.00140.71N/AN/A0001
2024-02-14$43.05$41.0017.0%4.9%14.2%1.3%0.0%-1.8%-1.8%-190705-30.00136.41N/AN/A0001
2024-02-15$43.21$41.0017.2%4.9%14.0%1.5%0.0%-0.1%16.3%-179634-30.00136.21N/AN/A0001
2024-02-16$43.43$41.0018.1%5.2%13.7%2.5%0.0%0.4%12.9%-163546-20.00135.93N/AN/A0001
2024-02-20$43.46$41.0019.3%5.5%13.4%3.7%0.0%1.0%-4.9%-162524-20.00140.46N/AN/A0001
2024-02-21$43.45$41.0019.4%5.6%13.3%3.9%0.0%0.9%-4.6%-163530-20.00135.06N/AN/A0001
2024-02-22$43.97$41.0018.0%5.2%13.1%2.4%0.0%1.1%-4.4%-125367-20.00134.33N/AN/A0001
2024-02-23$43.94$41.0017.8%5.1%13.1%2.2%0.0%0.6%-4.1%-126365-20.00133.92N/AN/A0001
2024-02-26$43.76$41.0019.3%5.5%13.3%3.7%0.0%0.8%-4.9%-140417-20.00135.06N/AN/A0001
2024-02-27$43.88$41.0019.5%5.6%13.3%3.9%0.0%1.2%-5.3%-130368-10.00134.51N/AN/A0001
2024-02-28$43.39$41.0021.7%6.2%13.7%6.2%0.0%0.9%-7.0%-170538-20.00134.67N/AN/A0001
2024-02-29$43.61$41.0020.4%5.8%13.6%4.8%0.0%1.0%-6.6%-151436-10.00133.93N/AN/A0001