EMGF Options History — January 2026

In January 2026, EMGF traded between $58.39 and $64.35. ATM implied volatility averaged 19.4%, placing in the 11.3% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded below realized volatility by 0.1% (HV 20d: 19.5%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 15 of 20 days.

Notable Days

  • 2026-01-14: Largest IV drop — 47.9% change
  • 2026-01-13: Highest IV Rank — 36.2%
  • 2026-01-28: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.53$58.39$64.35$58.39$63.28
ATM IV19.4%14.3%31.6%21.0%17.9%
Expected Move4.7%4.0%6.1%6.0%5.1%
HV 20d19.5%15.4%24.0%23.9%18.0%
HV 60d20.6%19.5%22.8%22.6%19.9%
IV Rank11.3%0.9%36.2%14.6%8.3%
IV Percentile41.4%0.8%94.0%60.7%38.5%
Term Structure0.1%-8.0%4.5%-4.4%2.7%
Skew 25d0.4%-1.1%2.5%-0.8%-0.6%
Skew 10d2.0%-1.9%5.5%1.4%-0.3%
Call IV 25d16.2%13.3%20.9%20.9%18.4%
Put IV 25d16.6%14.1%20.1%20.1%17.8%
Bid-Ask Spread %132.62125.73147.92147.92127.63
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$58.39$0.0021.0%6.0%23.9%14.6%0.0%-0.8%-4.4%0000.00147.92N/AN/A0000
2026-01-05$59.53$0.0018.6%4.0%24.0%9.6%0.0%1.6%1.0%0000.00132.44N/AN/A0000
2026-01-06$59.75$0.0020.8%4.6%23.8%14.1%0.0%-0.3%-5.6%0000.00134.63N/AN/A0000
2026-01-07$61.01$0.0022.9%4.1%23.4%18.3%0.0%-0.2%0.2%0000.00134.91N/AN/A0000
2026-01-08$60.56$0.0023.9%4.0%22.3%20.4%0.0%-1.1%0.8%0000.00136.19N/AN/A0000
2026-01-09$60.12$0.0022.2%4.2%21.9%16.9%0.0%0.8%1.2%0000.00134.16N/AN/A0000
2026-01-12$61.08$0.0026.4%4.6%21.6%25.5%0.0%1.0%0.2%0000.00128.68N/AN/A0000
2026-01-13$60.83$0.0031.6%4.7%21.0%36.2%0.0%0.8%-0.1%0000.00133.51N/AN/A0000
2026-01-14$60.99$0.0016.5%4.7%20.8%5.3%0.0%0.7%0.8%0000.00133.80N/AN/A0000
2026-01-15$62.15$0.0016.1%4.6%17.8%4.4%0.0%0.7%0.7%0000.00131.92N/AN/A0000
2026-01-16$62.05$0.0014.3%4.1%17.8%0.9%0.0%-0.5%2.4%0000.00133.22N/AN/A0000
2026-01-20$61.56$0.0015.1%4.3%17.1%2.5%0.0%-0.5%1.2%0000.00131.65N/AN/A0000
2026-01-21$62.28$0.0015.6%4.5%17.3%3.6%0.0%0.1%1.9%0000.00134.89N/AN/A0000
2026-01-22$62.13$0.0016.1%4.6%17.4%4.5%0.0%0.9%1.1%0000.00132.67N/AN/A0000
2026-01-23$61.84$0.0015.4%4.4%16.6%3.2%0.0%0.6%0.4%0000.00128.47N/AN/A0000
2026-01-26$62.46$0.0016.4%4.7%16.8%5.2%0.0%1.0%0.7%0000.00133.84N/AN/A0000
2026-01-27$63.26$0.0017.9%5.1%17.0%8.3%0.0%2.1%-0.4%0000.00128.67N/AN/A0000
2026-01-28$63.05$0.0021.1%6.1%15.4%15.0%0.0%-0.5%-8.0%0000.00127.43N/AN/A0000
2026-01-29$64.35$0.0018.5%5.3%16.3%9.6%0.0%2.5%4.5%0000.00125.73N/AN/A0000
2026-01-30$63.28$0.0017.9%5.1%18.0%8.3%0.0%-0.6%2.7%0000.00127.63N/AN/A0000