Home Options EEMReports

EEM

iShares MSCI Emerging Markets ETFClose $69.10EOD only

Max Pain

$66.00

Next expiry Jun 5, 2026

Expected Move

±$0.98

1.4% from close

Price Gap

-3.10

Distance to max pain

IV Rank

High premium

P/C OI

1.83

Slightly put-heavy

Consensus

5.5/10

Consensus signal

Published snapshot: Jun 4, 2026 close

End-of-day snapshot

This page reflects EEM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 4, 2026 close

EEM Flow Report

Analysis based on market close June 4, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

Confidence:

5.5 / 10

base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); -0.5 spot 4.7% from MP; +1 VIX 15

Watch next session: Monitor $58.5 and $64 put activity

Flow Summary

Net premium: -$13.1M bearish

P/C volume ratio: 2.79

P/C OI ratio: 1.83

EEM sees aggressive put buying, especially near-term $58.5 and $64 strikes with huge vol/oi, indicating bearish sentiment. Net negative premium and high put/call ratios confirm. Positive gamma may pin spot but flow is bearish.

Notable Prints

EEM 2026-07-17 $58.50 Put

Vol: 15,004

OI: 184

Vol/OI: 81.5x

IV: 46.4%

Notional: ~$840K

Intent: Bearish speculation or hedge

Dual read: Part of put spread

Read-through: Expect drop below $58.50 by July

EEM 2026-07-17 $77.00 Call

Vol: 7,042

OI: 126

Vol/OI: 55.9x

IV: 33.3%

Notional: ~$458K

Intent: Bullish speculation or covered call

Dual read: Short call income trade

Read-through: Rally to $77+ or neutral income

EEM 2026-06-26 $64.00 Put

Vol: 16,686

OI: 412

Vol/OI: 40.5x

IV: 43.7%

Notional: ~$1.4M

Intent: Bearish bet near-term

Dual read: Protective put

Read-through: Risk to $64 by June expiry

EEM 2026-06-26 $65.00 Put

Vol: 4,694

OI: 744

Vol/OI: 6.3x

IV: 44.6%

Notional: ~$432K

Intent: Additional bearish positioning

Dual read: Put ladder component

Read-through: Hedge against decline to $65

EEM 2026-07-17 $59.00 Put

Vol: 1,003

OI: 550

Vol/OI: 1.8x

IV: 42.8%

Notional: ~$32K

Intent: Continuation bearish view

Dual read: Rolling from other strikes

Read-through: Expect $59 support break

Institutional Positioning

Call additions: Minimal call activity; one large call trade at $77 July (vol/OI 55.9) but likely noise.

Put additions: Heavy put buying at $58.5 and $64 strikes (July & June expirations); vol/OI ratios 81.5 and 40.5.

GEX/DEX consistency: GEX positive ($+125.9M) but flow bearish (put/call vol ratio 2.79); inconsistency suggests hedging.

OI clusters: Largest OI ~172k puts at $55 (20.4% below spot) and scattered OI at $58.5, $64.

Hedging evidence: Put additions at deep OTM strikes indicate institutional hedging against EM downside.

Max pain context: Spot $62.8 vs MP near $60; 4.7% above pinning zone, gamma flip at $55.

Signal vs Noise

~Heavy put volume at $58.5 and $64 is real signal of bearish hedging.

~Isolated call prints at $77 are likely noise or speculative.

~GEX positive despite bearish flow suggests positioning is complex; focus on put clustering.

Key Conclusions

🐻Institutions hedging via puts; flow heavily bearish with put/call vol ratio 2.8.

📌Positive GEX may pin spot near $60 MP; but hedging pressure could drive below.

How to Use These Reports

This flow reflects the market close on June 4, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.