EMGF Options History — July 2025

In July 2025, EMGF traded between $52.08 and $54.53. ATM implied volatility averaged 18.1%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 5.7% (HV 20d: 23.8%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days.

Notable Days

  • 2025-07-07: Largest IV spike — 41.9% change
  • 2025-07-07: Highest IV Rank — 24.5%
  • 2025-07-30: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.29$52.08$54.53$52.08$53.53
ATM IV18.1%15.0%25.9%18.1%21.7%
Expected Move4.9%4.1%6.4%5.2%6.2%
HV 20d23.8%16.6%30.9%30.9%22.3%
HV 60d29.4%27.2%37.7%37.7%27.6%
IV Rank8.2%2.2%24.5%8.6%15.3%
IV Percentile25.0%1.2%69.4%29.0%51.6%
Term Structure-0.9%-6.0%2.8%-4.2%-1.2%
Skew 25d2.6%-0.8%6.8%0.3%5.1%
Skew 10d5.4%1.3%12.2%4.7%4.9%
Call IV 25d16.5%13.5%20.1%19.6%19.0%
Put IV 25d19.1%14.8%25.0%19.9%24.2%
Bid-Ask Spread %147.52144.44151.69148.04151.69
Gamma HHI1.001.001.001.001.00
Net GEX391356459356457
Net DEX-6.6K-7.5K-6.0K-6.0K-6.5K
Net VEX-26-28-24-28-25
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$52.08$0.0018.1%5.2%30.9%8.6%0.0%0.3%-4.2%356-6.0K-280.00148.04N/AN/A0020
2025-07-02$52.17$0.0019.5%5.6%26.8%11.4%0.0%1.1%-6.0%360-6.2K-270.00147.72N/AN/A0020
2025-07-03$53.03$0.0018.3%4.1%27.2%9.0%0.0%1.0%0.5%365-6.4K-270.00145.06N/AN/A0020
2025-07-07$53.09$0.0025.9%4.2%26.8%24.5%0.0%-0.8%-0.9%412-6.0K-270.00144.66N/AN/A0020
2025-07-08$53.42$0.0023.3%4.8%26.7%19.1%0.0%4.8%2.8%408-6.3K-270.00144.44N/AN/A0020
2025-07-09$52.48$0.0015.1%4.3%27.5%2.6%0.0%1.6%0.6%366-6.1K-270.00145.28N/AN/A0020
2025-07-10$52.16$0.0016.2%4.6%27.5%4.8%0.0%0.5%-4.5%368-6.1K-270.00147.25N/AN/A0020
2025-07-11$52.39$0.0015.2%4.3%27.5%2.7%0.0%1.3%-0.0%367-6.1K-270.00145.70N/AN/A0020
2025-07-14$52.14$0.0016.0%4.6%26.7%4.4%0.0%0.5%-1.6%373-6.1K-260.00147.50N/AN/A0020
2025-07-15$52.78$0.0015.0%4.3%23.4%2.4%0.0%1.1%-0.3%368-6.4K-260.00147.47N/AN/A0020
2025-07-16$53.93$0.0017.8%5.1%24.3%7.9%0.0%5.1%1.5%402-6.8K-260.00146.82N/AN/A0020
2025-07-17$53.30$0.0015.4%4.4%24.8%2.2%0.0%1.6%0.1%363-6.8K-250.00146.02N/AN/A0020
2025-07-18$54.43$0.0016.9%4.8%23.2%5.3%0.0%6.8%2.5%435-7.2K-240.00148.24N/AN/A0020
2025-07-21$54.53$0.0019.3%5.5%20.7%10.3%0.0%6.5%0.1%438-7.4K-240.00147.38N/AN/A0020
2025-07-22$53.95$0.0016.3%4.7%19.8%4.1%0.0%3.6%0.3%369-6.9K-250.00147.03N/AN/A0020
2025-07-23$54.48$0.0015.7%4.5%16.6%2.9%0.0%3.7%0.1%363-7.5K-240.00147.43N/AN/A0020
2025-07-24$53.56$0.0016.3%4.7%17.9%4.2%0.0%0.5%-3.5%369-7.2K-240.00147.88N/AN/A0020
2025-07-25$54.21$0.0016.3%4.7%18.2%4.2%0.0%4.6%0.3%406-7.1K-240.00148.34N/AN/A0020
2025-07-28$52.80$0.0018.1%5.2%20.7%7.8%0.0%-0.1%-5.6%373-6.6K-250.00150.31N/AN/A0020
2025-07-29$54.00$0.0019.8%5.7%22.1%11.3%0.0%3.8%0.1%424-6.9K-240.00150.31N/AN/A0020
2025-07-30$53.85$0.0022.2%6.4%22.1%16.3%0.0%4.9%-0.3%459-6.8K-240.00150.79N/AN/A0020
2025-07-31$53.53$0.0021.7%6.2%22.3%15.3%0.0%5.1%-1.2%457-6.5K-250.00151.69N/AN/A0020