EMGF Options History — March 2025

In March 2025, EMGF traded between $45.02 and $48.33. ATM implied volatility averaged 20.8%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 1.6% (HV 20d: 22.4%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days.

Notable Days

  • 2025-03-28: Largest IV spike — 46.1% change
  • 2025-03-10: Highest IV Rank — 34.8%
  • 2025-03-13: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.29$45.02$48.33$45.02$47.69
Max Pain$47.00$47.00$47.00$47.00$47.00
ATM IV20.8%17.2%27.5%26.4%22.7%
Expected Move6.1%4.1%11.4%7.6%4.6%
HV 20d22.4%18.4%25.1%18.4%20.5%
HV 60d17.6%16.7%18.2%17.5%17.7%
IV Rank22.5%15.8%34.8%32.6%26.0%
IV Percentile45.7%20.2%74.2%71.8%61.1%
Term Structure-1.7%-6.9%0.6%-6.9%-2.8%
Skew 25d1.8%-1.6%12.8%-0.7%7.8%
Skew 10d1.0%-5.0%7.7%-4.1%2.6%
Call IV 25d18.9%16.8%24.3%24.3%17.7%
Put IV 25d20.7%17.9%30.5%23.6%25.6%
Bid-Ask Spread %150.11133.29162.49151.87151.63
Gamma HHI0.340.330.360.340.33
Net GEX1.4K1.0K1.9K1.0K1.9K
Net DEX-12.5K-15.9K-7.8K-7.8K-12.3K
Net VEX-46-50-41-43-41
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI66666

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$45.02$0.0026.4%7.6%18.4%32.6%0.0%-0.7%-6.9%1.0K-7.8K-430.00151.87N/AN/A0060
2025-03-04$46.24$0.0021.0%6.0%20.6%22.9%0.0%2.1%-4.4%1.2K-9.8K-480.00154.88N/AN/A0060
2025-03-05$46.75$0.0025.2%7.2%20.0%30.5%0.0%-0.1%-4.0%1.2K-11.8K-500.00162.49N/AN/A0060
2025-03-06$46.79$0.0022.7%6.5%20.0%26.0%0.0%-0.1%-2.1%1.2K-12.0K-500.00151.53N/AN/A0060
2025-03-07$47.48$0.0021.8%6.3%20.6%24.3%0.0%1.2%-0.0%1.4K-12.6K-500.00155.66N/AN/A0060
2025-03-10$47.05$0.0027.5%7.9%20.9%34.8%0.0%1.7%0.3%1.3K-10.2K-470.00155.63N/AN/A0060
2025-03-11$47.50$0.0017.8%7.6%20.9%17.0%0.0%1.0%-0.8%1.4K-11.5K-480.00154.66N/AN/A0060
2025-03-12$46.75$0.0017.2%7.4%21.7%15.8%0.0%2.0%0.4%1.3K-11.5K-480.00154.16N/AN/A0060
2025-03-13$46.66$0.0022.7%11.4%21.6%26.0%0.0%-0.2%-4.3%1.2K-10.9K-460.00159.43N/AN/A0060
2025-03-14$47.05$0.0018.9%8.7%21.7%18.9%0.0%0.1%-3.8%1.3K-12.7K-470.00157.32N/AN/A0060
2025-03-17$48.33$47.0018.0%5.2%23.7%17.3%0.0%2.3%0.6%1.5K-15.9K-480.00133.29N/AN/A0060
2025-03-18$47.89$47.0023.2%6.0%23.9%26.9%0.0%0.7%0.3%1.3K-14.3K-480.00143.25N/AN/A0060
2025-03-19$48.14$47.0017.5%4.9%23.9%16.5%0.0%0.9%-0.2%1.5K-15.3K-470.00133.91N/AN/A0060
2025-03-20$47.74$0.0017.4%4.4%23.8%16.4%0.0%1.8%-1.3%1.5K-14.0K-470.00143.93N/AN/A0060
2025-03-21$46.91$0.0019.1%4.9%24.6%19.4%0.0%-1.6%-1.5%1.4K-12.3K-440.00144.68N/AN/A0060
2025-03-24$47.84$0.0017.5%4.2%25.0%16.6%0.0%1.2%-2.1%1.6K-14.0K-450.00144.91N/AN/A0060
2025-03-25$47.76$0.0017.2%4.1%25.1%15.8%0.0%1.4%-2.6%1.7K-13.8K-440.00146.70N/AN/A0060
2025-03-26$47.94$0.0019.4%4.3%24.9%19.9%0.0%3.3%0.0%1.7K-14.0K-450.00152.40N/AN/A0060
2025-03-27$48.08$0.0017.9%4.1%24.2%17.2%0.0%0.8%-1.5%1.8K-14.4K-440.00147.60N/AN/A0060
2025-03-28$47.50$0.0026.2%4.4%24.6%32.3%0.0%12.8%0.3%1.6K-12.1K-430.00152.38N/AN/A0060
2025-03-31$47.69$0.0022.7%4.6%20.5%26.0%0.0%7.8%-2.8%1.9K-12.3K-410.00151.63N/AN/A0060