EMGF Options History — January 2025

In January 2025, EMGF traded between $44.17 and $46.20. ATM implied volatility averaged 24.9%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 9.6% (HV 20d: 15.3%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2025-01-14: Largest IV spike — 79.0% change
  • 2025-01-14: Highest IV Rank — 99.4%
  • 2025-01-03: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.42$44.17$46.20$45.14$45.88
ATM IV24.9%15.4%62.9%24.6%18.7%
Expected Move5.6%4.3%8.4%7.1%5.4%
HV 20d15.3%11.6%18.7%18.2%14.1%
HV 60d23.1%22.9%23.6%23.6%23.4%
IV Rank29.9%12.7%99.4%29.5%18.7%
IV Percentile53.4%8.7%99.6%69.0%35.3%
Term Structure-3.1%-11.0%1.3%-5.4%-3.5%
Skew 25d0.7%-3.9%5.4%0.5%-0.2%
Skew 10d0.4%-6.9%7.3%-0.6%1.2%
Call IV 25d18.9%15.5%25.1%24.9%21.5%
Put IV 25d19.6%13.7%26.1%25.4%21.3%
Bid-Ask Spread %172.64168.36178.87178.87170.49
Gamma HHI0.500.500.500.500.50
Net GEX678526804526770
Net DEX-6.9K-8.2K-5.1K-6.4K-7.6K
Net VEX-44-48-39-45-43
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI44444

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$45.14$0.0024.6%7.1%18.2%29.5%0.0%0.5%-5.4%526-6.4K-450.00178.87N/AN/A0040
2025-01-03$45.46$0.0029.2%8.4%18.5%37.7%0.0%1.0%-11.0%742-7.6K-480.00175.44N/AN/A0040
2025-01-06$45.79$0.0022.4%5.3%18.4%25.3%0.0%0.7%-6.5%578-7.7K-470.00172.26N/AN/A0040
2025-01-07$45.34$0.0035.9%6.1%18.5%50.1%0.0%0.6%-3.2%532-6.6K-450.00177.63N/AN/A0040
2025-01-08$45.19$0.0024.2%4.3%18.1%28.7%0.0%1.4%-1.2%647-6.3K-440.00168.36N/AN/A0040
2025-01-10$44.43$0.0035.6%5.2%18.7%49.4%0.0%1.2%-2.3%651-5.6K-410.00173.71N/AN/A0040
2025-01-13$44.17$0.0035.2%4.7%17.2%48.7%0.0%1.6%-1.7%612-5.1K-390.00168.84N/AN/A0040
2025-01-14$44.64$0.0062.9%5.9%16.1%99.4%0.0%1.3%1.3%602-6.2K-430.00174.65N/AN/A0040
2025-01-15$45.15$0.0015.4%4.4%16.5%12.7%0.0%-1.3%-1.3%658-6.8K-450.00168.95N/AN/A0040
2025-01-16$45.16$0.0015.6%4.5%16.5%13.0%0.0%1.3%-1.7%640-6.5K-440.00168.57N/AN/A0040
2025-01-17$45.42$0.0021.1%6.1%14.0%23.1%0.0%0.3%-2.4%622-7.0K-430.00172.60N/AN/A0040
2025-01-21$45.87$0.0015.9%4.6%11.9%13.5%0.0%-3.9%-1.8%644-6.8K-430.00175.30N/AN/A0040
2025-01-22$45.86$0.0022.4%6.4%11.6%25.3%0.0%1.0%-1.9%731-6.7K-440.00170.43N/AN/A0040
2025-01-23$46.00$0.0022.7%6.5%11.6%26.0%0.0%0.9%-1.9%798-8.2K-450.00175.96N/AN/A0040
2025-01-24$46.16$0.0018.6%5.3%11.7%18.4%0.0%0.6%-2.4%707-8.2K-460.00173.20N/AN/A0040
2025-01-27$45.30$0.0021.1%6.1%13.4%23.0%0.0%0.3%-4.8%738-6.5K-410.00170.76N/AN/A0040
2025-01-28$45.55$0.0020.5%5.9%13.6%21.9%0.0%1.1%-3.1%769-6.8K-430.00173.26N/AN/A0040
2025-01-29$45.64$0.0017.4%5.0%13.5%16.2%0.0%0.0%-3.0%804-7.1K-430.00170.50N/AN/A0040
2025-01-30$46.20$0.0018.2%5.2%13.9%17.7%0.0%5.4%-3.5%792-7.8K-440.00173.04N/AN/A0040
2025-01-31$45.88$0.0018.7%5.4%14.1%18.7%0.0%-0.2%-3.5%770-7.6K-430.00170.49N/AN/A0040