EMGF Options History — August 2025

In August 2025, EMGF traded between $52.56 and $54.34. ATM implied volatility averaged 19.2%, placing in the 10.6% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 1.0% (HV 20d: 20.2%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days.

Notable Days

  • 2025-08-13: Largest IV drop — 58.1% change
  • 2025-08-12: Highest IV Rank — 38.5%
  • 2025-08-01: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.52$52.56$54.34$53.14$54.26
ATM IV19.2%13.9%33.1%21.8%15.6%
Expected Move4.4%3.8%6.3%6.3%4.5%
HV 20d20.2%16.3%22.7%21.8%16.6%
HV 60d25.1%21.9%27.2%27.1%21.9%
IV Rank10.6%0.0%38.5%15.4%3.4%
IV Percentile29.3%0.0%83.3%52.8%6.7%
Term Structure0.1%-4.1%4.1%1.7%1.0%
Skew 25d1.1%-1.7%4.3%4.3%3.6%
Skew 10d1.9%0.6%8.2%8.2%1.9%
Call IV 25d16.0%14.0%22.3%22.3%16.2%
Put IV 25d17.0%15.2%26.6%26.6%19.9%
Bid-Ask Spread %133.02128.32152.72152.72134.07
Gamma HHI1.001.001.001.001.00
Net GEX426389538486538
Net DEX-7.1K-7.8K-6.0K-6.0K-7.5K
Net VEX-22-25-20-24-20
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$53.14$0.0021.8%6.3%21.8%15.4%0.0%4.3%1.7%486-6.0K-240.00152.72N/AN/A0020
2025-08-04$52.56$0.0021.1%4.0%22.1%13.9%0.0%1.2%1.5%409-6.2K-250.00131.79N/AN/A0020
2025-08-05$52.69$0.0021.8%4.1%22.0%15.3%0.0%1.3%1.7%408-6.5K-240.00131.72N/AN/A0020
2025-08-06$53.05$0.0021.4%4.2%21.2%14.6%0.0%1.4%1.6%406-6.6K-240.00132.83N/AN/A0020
2025-08-07$53.57$0.0024.6%4.0%21.3%21.2%0.0%1.6%2.8%389-7.0K-240.00132.01N/AN/A0020
2025-08-08$54.14$0.0024.6%4.2%21.5%21.1%0.0%3.2%4.1%434-7.2K-230.00132.55N/AN/A0020
2025-08-11$53.11$0.0030.4%4.1%22.7%32.9%0.0%0.8%1.3%402-6.8K-230.00132.77N/AN/A0020
2025-08-12$53.65$0.0033.1%3.8%22.5%38.5%0.0%0.9%1.6%410-7.3K-220.00133.07N/AN/A0020
2025-08-13$54.24$0.0013.9%4.0%21.5%0.0%0.0%0.8%1.4%408-7.6K-220.00132.26N/AN/A0020
2025-08-14$53.30$0.0015.3%4.4%22.0%2.8%0.0%0.0%-2.1%418-7.0K-230.00133.46N/AN/A0020
2025-08-15$53.36$0.0015.5%4.4%20.6%3.2%0.0%-0.3%-2.1%414-7.2K-220.00132.88N/AN/A0020
2025-08-18$53.46$0.0016.1%4.6%20.6%4.6%0.0%-0.4%-2.8%410-7.4K-210.00133.73N/AN/A0020
2025-08-19$52.91$0.0015.8%4.5%20.6%3.9%0.0%-1.4%-1.0%434-7.1K-220.00131.31N/AN/A0020
2025-08-20$52.91$0.0016.8%4.8%20.2%6.0%0.0%0.6%-1.6%417-6.9K-220.00131.12N/AN/A0020
2025-08-21$53.62$0.0016.0%4.6%20.0%4.2%0.0%1.5%-1.3%431-6.9K-220.00129.22N/AN/A0020
2025-08-22$54.34$0.0014.7%4.2%20.1%1.6%0.0%0.8%0.8%409-7.8K-210.00131.87N/AN/A0020
2025-08-25$54.20$0.0015.4%4.4%17.5%3.0%0.0%0.6%-1.8%415-7.7K-210.00130.49N/AN/A0020
2025-08-26$53.50$0.0017.9%5.1%16.3%8.2%0.0%-1.7%-4.1%417-7.5K-200.00128.32N/AN/A0020
2025-08-27$54.02$0.0016.1%4.6%16.7%4.6%0.0%2.5%-0.2%455-7.3K-210.00130.56N/AN/A0020
2025-08-28$53.83$0.0015.6%4.5%16.6%3.4%0.0%1.0%-0.9%437-7.4K-200.00134.72N/AN/A0020
2025-08-29$54.26$0.0015.6%4.5%16.6%3.4%0.0%3.6%1.0%538-7.5K-200.00134.07N/AN/A0020