EMGF Options History — April 2025

In April 2025, EMGF traded between $41.31 and $47.69. ATM implied volatility averaged 28.8%, placing in the 37.1% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 13.2% (HV 20d: 42.0%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days.

Notable Days

  • 2025-04-07: Largest IV spike — 70.1% change
  • 2025-04-07: Highest IV Rank — 98.3%
  • 2025-04-07: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.36$41.31$47.69$47.02$46.80
ATM IV28.8%20.1%62.3%20.3%23.6%
Expected Move7.0%4.6%10.4%4.6%6.8%
HV 20d42.0%19.3%50.2%19.3%49.9%
HV 60d28.6%18.0%32.6%18.0%32.5%
IV Rank37.1%21.2%98.3%21.7%27.5%
IV Percentile67.4%39.3%99.2%47.6%60.7%
Term Structure-1.8%-12.0%6.1%-3.8%-8.6%
Skew 25d3.0%-5.8%10.8%7.6%-5.8%
Skew 10d0.9%-9.5%4.9%-9.5%-1.1%
Call IV 25d23.8%15.4%35.0%16.2%22.8%
Put IV 25d26.8%17.0%39.3%23.8%17.0%
Bid-Ask Spread %150.12140.47161.86150.65145.82
Gamma HHI0.400.330.500.340.50
Net GEX9003361.7K1.5K1.1K
Net DEX-6.7K-12.7K-2.5K-10.9K-7.8K
Net VEX-28-41-17-40-27
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI5.2384664

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$47.02$0.0020.3%4.6%19.3%21.7%0.0%7.6%-3.8%1.5K-10.9K-400.00150.65N/AN/A0060
2025-04-02$47.69$0.0027.4%4.6%19.5%34.5%0.0%2.9%4.6%1.7K-12.7K-410.00154.57N/AN/A0060
2025-04-03$46.51$0.0039.6%5.9%21.6%56.9%0.0%2.6%0.1%1.2K-9.3K-370.00161.86N/AN/A0060
2025-04-04$44.44$0.0036.6%7.2%26.2%51.4%0.0%0.8%-2.7%763-5.4K-280.00147.38N/AN/A0060
2025-04-07$41.87$0.0062.3%10.4%32.9%98.3%0.0%4.3%-3.7%436-4.1K-230.00158.56N/AN/A0060
2025-04-08$41.31$0.0052.8%10.1%32.5%80.8%0.0%2.8%-4.0%336-2.5K-170.00144.84N/AN/A0060
2025-04-09$45.05$0.0028.2%8.1%46.3%36.0%0.0%5.3%-0.7%824-7.0K-310.00161.00N/AN/A0060
2025-04-10$43.44$0.0028.8%8.2%47.8%37.0%0.0%4.5%-2.9%589-4.3K-240.00151.09N/AN/A0060
2025-04-11$44.69$0.0029.3%8.4%49.0%38.1%0.0%3.2%-1.9%769-6.3K-280.00159.21N/AN/A0060
2025-04-14$45.11$0.0024.5%7.0%48.0%29.3%0.0%3.3%-2.0%875-6.2K-280.00142.82N/AN/A0060
2025-04-15$45.36$0.0020.3%5.8%48.1%21.7%0.0%2.6%6.1%879-6.7K-290.00140.47N/AN/A0060
2025-04-16$44.52$0.0031.2%9.0%48.3%41.5%0.0%3.8%-2.3%814-5.7K-260.00154.82N/AN/A0060
2025-04-17$45.04$0.0024.4%7.0%48.6%29.1%0.0%1.3%0.8%724-5.5K-250.00156.57N/AN/A0060
2025-04-21$45.34$0.0022.4%6.4%48.4%25.3%0.0%10.8%-0.4%681-5.0K-240.00148.41N/AN/A0040
2025-04-22$45.75$0.0021.5%6.2%47.9%23.8%0.0%1.7%-0.4%800-6.0K-260.00141.65N/AN/A0040
2025-04-23$46.14$0.0020.5%5.9%48.0%22.0%0.0%1.1%-1.6%885-6.8K-270.00144.06N/AN/A0040
2025-04-24$47.40$0.0020.7%5.9%49.1%22.4%0.0%3.7%1.5%1.2K-8.3K-280.00145.91N/AN/A0040
2025-04-25$46.06$0.0025.5%7.3%50.1%31.1%0.0%-0.4%-12.0%830-6.5K-260.00143.51N/AN/A0040
2025-04-28$46.28$0.0025.0%7.2%50.0%30.1%0.0%5.9%-1.6%878-6.0K-250.00155.28N/AN/A0040
2025-04-29$46.83$0.0020.1%5.8%50.2%21.2%0.0%1.3%-1.5%1.1K-7.8K-270.00144.06N/AN/A0040
2025-04-30$46.80$0.0023.6%6.8%49.9%27.5%0.0%-5.8%-8.6%1.1K-7.8K-270.00145.82N/AN/A0040