Home Options EEMReports

EEM

iShares MSCI Emerging Markets ETFClose $67.21EOD only

Max Pain

$61.50

Next expiry May 15, 2026

Expected Move

±$1.59

2.4% from close

Price Gap

-5.71

Distance to max pain

IV Rank

100

High premium

P/C OI

1.50

Slightly put-heavy

Consensus

7.0/10

Bullish tilt

Published snapshot: May 13, 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

May 13, 2026 close

EEM Theta Report

Analysis based on market close May 14, 2026

Directional Theta Gang Flow Earnings Consensus

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

Theta Verdict

Confidence:

8 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 9.6% from MP; +1 VIX 17

IV Environment

IV Regime

Normal

IV vs VIX

IV 35% vs VIX 17, elevated premium potential

Favorable?

Yes

Term structure: Short-term contango; extreme put skew in 1DTE (put IV 115%)

📈Dealer long gamma $590M supports pinning and low realized vol

⚠️1DTE put IV 115% signals tail premium but pin risk elevated

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+590.2M)

Gamma flip: ~$55.00 — Approx — based on put OI concentration of 172,186 (18.4% below spot)

OI concentrations: Max pain $62/64/66; put OI 149% of calls; put floor $50-$61

Verdict: Pin likely near $64 (1W max pain) with dealer gamma but tail risk if spot falls

Premium Opportunities

Put credit spread

Sell 2026-05-22 $65.00/$63.00 put spread

Sell 65/63 put spread for ~$0.08 credit, benefiting from elevated implied volatility and put skew.

Credit: $0.07-$0.08

Max loss: $1.92

BE: $64.92

Mgmt: Monitor spot near $65 invalidation level; close if breached or near expiry for max gain. Liquidity warning: Liquidity constraints: short_put: Wide spread (67%).; long_put: Wide spread (138%).

Risk Alerts

!Spot 9.6% above max pain, potential mean reversion

!Extreme 1DTE put skew adds event risk

!Gamma flip at $55 if spot drops sharply

How to Use These Reports

This theta reflects the market close on May 14, 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.