EMGF Options History — May 2024

In May 2024, EMGF traded between $44.97 and $47.78. ATM implied volatility averaged 21.4%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 9.7% (HV 20d: 11.7%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days.

Notable Days

  • 2024-05-31: Highest Volume — 20 contracts
  • 2024-05-28: Largest IV spike — 75.3% change
  • 2024-05-13: Highest IV Rank — 23.7%
  • 2024-05-30: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.67$44.97$47.78$44.97$45.88
ATM IV21.4%12.6%36.2%23.6%13.8%
Expected Move5.0%3.6%7.2%6.8%4.0%
HV 20d11.7%9.5%15.0%13.4%9.5%
HV 60d11.6%10.9%12.5%12.4%11.0%
IV Rank8.3%0.0%23.7%9.5%1.3%
IV Percentile23.3%0.0%57.9%30.2%1.2%
Term Structure-3.8%-9.3%17.4%0.7%4.9%
Skew 25d-4.2%-14.5%16.4%1.3%-10.0%
Skew 10d6.6%-13.8%32.6%1.0%3.5%
Call IV 25d21.1%19.1%25.4%22.5%19.3%
Put IV 25d17.0%8.4%37.6%23.8%9.4%
Bid-Ask Spread %139.37133.25161.94161.94134.35
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.909020020
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$44.97$0.0023.6%6.8%13.4%9.5%0.0%1.3%0.7%0000.00161.94N/AN/A0000
2024-05-02$45.82$0.0019.8%5.7%14.9%5.3%0.0%0.7%0.3%0000.00155.07N/AN/A0000
2024-05-03$46.18$0.0020.0%5.7%15.0%5.5%0.0%2.2%0.0%0000.00154.85N/AN/A0000
2024-05-06$46.22$0.0023.4%4.0%15.0%9.3%0.0%-11.2%-6.9%0000.00135.31N/AN/A0000
2024-05-07$46.06$0.0022.1%4.0%15.0%7.9%0.0%-10.9%-6.4%0000.00139.65N/AN/A0000
2024-05-08$46.12$0.0024.2%4.0%14.2%10.2%0.0%-10.5%-7.3%0000.00136.50N/AN/A0000
2024-05-09$46.22$0.0026.0%5.4%14.0%12.3%0.0%-9.1%-5.4%0000.00140.83N/AN/A0000
2024-05-10$46.31$0.0026.8%4.3%11.3%13.1%0.0%-11.6%-3.0%0000.00136.43N/AN/A0000
2024-05-13$46.70$0.0036.2%5.0%11.0%23.7%0.0%-4.6%-5.4%0000.00144.01N/AN/A0000
2024-05-14$46.93$0.0036.0%3.9%10.0%23.4%0.0%-12.0%-7.5%0000.00135.10N/AN/A0000
2024-05-15$47.45$0.0015.2%4.3%10.2%0.1%0.0%7.6%-9.3%0000.00133.61N/AN/A0000
2024-05-16$47.61$0.0013.6%3.9%10.2%0.0%0.0%2.8%17.4%0000.00133.53N/AN/A0000
2024-05-17$47.78$0.0020.4%5.9%9.6%7.5%0.0%-3.2%-3.5%0000.00133.25N/AN/A0000
2024-05-20$47.68$0.0012.6%3.6%9.7%0.0%0.0%-9.9%-4.4%0000.00136.11N/AN/A0000
2024-05-21$47.47$0.0019.8%5.7%10.2%7.9%0.0%-11.8%-9.2%0000.00139.62N/AN/A0000
2024-05-22$47.28$0.0015.3%4.4%10.5%2.9%0.0%13.1%-6.5%0000.00135.02N/AN/A0000
2024-05-23$47.00$0.0022.6%6.5%11.0%10.9%0.0%-12.9%-5.4%0000.00134.78N/AN/A0000
2024-05-24$47.16$0.0013.4%3.8%10.5%0.9%0.0%16.4%-3.8%0000.00134.89N/AN/A0000
2024-05-28$47.05$0.0023.5%6.7%10.4%11.9%0.0%-14.5%-5.6%0000.00134.21N/AN/A0000
2024-05-29$46.46$0.0017.7%5.1%10.8%5.6%0.0%5.7%-9.2%0000.00134.99N/AN/A0000
2024-05-30$46.33$0.0025.1%7.2%10.9%13.7%0.0%-9.8%-7.4%0000.00142.17N/AN/A0000
2024-05-31$45.88$0.0013.8%4.0%9.5%1.3%0.0%-10.0%4.9%0000.00134.35N/AN/A02000