EMGF Options History — December 2025

In December 2025, EMGF traded between $55.79 and $58.64. ATM implied volatility averaged 19.8%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded below realized volatility by 1.4% (HV 20d: 21.2%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 6 of 22 days.

Notable Days

  • 2025-12-10: Largest IV drop — 35.9% change
  • 2025-12-08: Highest IV Rank — 31.2%
  • 2025-12-01: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.15$55.79$58.64$56.88$57.81
Max Pain$52.00$52.00$52.00$52.00$52.00
ATM IV19.8%15.1%29.3%22.6%17.0%
Expected Move5.2%4.3%6.5%6.5%4.9%
HV 20d21.2%16.9%24.2%17.0%23.9%
HV 60d22.2%21.1%23.0%21.8%23.0%
IV Rank12.0%2.5%31.2%17.6%6.4%
IV Percentile43.9%3.2%88.9%65.5%24.6%
Term Structure-3.2%-10.4%1.5%-10.4%-3.0%
Skew 25d-1.2%-4.4%2.9%-2.7%0.8%
Skew 10d-0.5%-5.7%12.6%-2.6%1.9%
Call IV 25d19.4%16.1%24.8%23.7%18.8%
Put IV 25d18.2%14.3%21.3%21.0%19.6%
Bid-Ask Spread %147.36129.21154.66131.60150.61
Net GEX00000
Net DEX-5.7K-11.7K0-11.4K0
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI10220

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$56.88$52.0022.6%6.5%17.0%17.6%0.0%-2.7%-10.4%0-11.4K00.00131.60N/AN/A0020
2025-12-02$56.89$52.0021.4%6.1%16.9%15.2%0.0%-2.8%-8.6%0-11.4K00.00129.21N/AN/A0020
2025-12-03$56.52$52.0021.6%6.2%16.9%15.6%0.0%-4.2%-10.0%0-11.3K00.00129.96N/AN/A0020
2025-12-04$57.57$0.0023.6%4.9%18.2%19.7%0.0%1.7%0.7%0-11.5K00.00151.78N/AN/A0020
2025-12-05$57.20$0.0025.3%5.0%18.2%23.1%0.0%-1.1%-5.0%0-11.4K00.00151.77N/AN/A0020
2025-12-08$58.64$0.0029.3%5.3%20.1%31.2%0.0%2.9%1.3%0-11.7K00.00150.51N/AN/A0020
2025-12-09$57.53$0.0027.2%4.9%20.2%26.9%0.0%0.6%0.2%0-11.5K00.00149.71N/AN/A0020
2025-12-10$58.54$0.0017.4%5.0%20.7%7.2%0.0%1.8%0.4%0-11.7K00.00147.90N/AN/A0020
2025-12-11$57.69$0.0016.1%4.6%20.2%4.4%0.0%-0.2%-0.3%0-11.5K00.00149.41N/AN/A0020
2025-12-12$57.00$0.0016.6%4.8%20.5%5.6%0.0%-0.7%-0.8%0-11.4K00.00153.62N/AN/A0020
2025-12-15$57.63$0.0018.1%5.2%20.2%8.6%0.0%1.8%0.7%0-11.5K00.00154.66N/AN/A0020
2025-12-16$55.97$0.0016.3%4.7%22.5%5.0%0.0%-2.5%-3.7%0000.00146.96N/AN/A0000
2025-12-17$56.57$0.0017.1%4.9%23.0%6.6%0.0%0.2%1.5%0000.00142.58N/AN/A0000
2025-12-18$55.79$0.0018.1%5.2%23.1%8.6%0.0%-2.4%-7.5%0000.00145.84N/AN/A0000
2025-12-19$56.05$0.0019.3%5.5%22.8%11.0%0.0%-2.4%-3.5%0000.00150.14N/AN/A0000
2025-12-22$56.14$0.0020.7%5.9%22.8%13.9%0.0%-2.6%-4.8%0000.00151.74N/AN/A0000
2025-12-23$57.36$0.0015.4%4.4%24.0%3.0%0.0%-2.7%-2.3%0000.00148.07N/AN/A0000
2025-12-24$57.45$0.0017.0%4.9%24.0%6.3%0.0%-3.5%-1.9%0000.00152.70N/AN/A0000
2025-12-26$57.95$0.0015.1%4.3%24.1%2.5%0.0%-3.5%-3.4%0000.00150.38N/AN/A0000
2025-12-29$57.00$0.0020.3%5.8%24.2%13.0%0.0%-4.4%-5.0%0000.00150.88N/AN/A0000
2025-12-30$57.18$0.0020.3%5.8%23.6%13.1%0.0%-0.9%-3.8%0000.00151.93N/AN/A0000
2025-12-31$57.81$0.0017.0%4.9%23.9%6.4%0.0%0.8%-3.0%0000.00150.61N/AN/A0000