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iShares MSCI Emerging Markets ETF (EEM · ETF)

Overview · Option chain · Volatility · Expected-move history

Price (delayed) 67.47 +0.48%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±3.1%
Expected range 65.4769.70
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.19.5%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 12/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.1.96
P/C open interest2.08

Cboe delayed options data · as of 21:50 UTC · Figures derived from the full chain (1,966 contracts, 23 expirations) · IV own-history percentile appears after 60 recorded days (4 so far)

Expected move — Sep 18, 2026 (15 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

65.4769.7067.59 current

Options are pricing a move of about ±3.1% (range 65.47–69.70) by Sep 18, 2026. ATM straddle: 2.12 @ strike 67.5 · ATM IV: 19.3%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

67.5965.4769.70
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
60.83 -10% 99.6% 0.4%
64.21 -5% 90.2% 9.8%
67.59 +0% 49.2% 50.8%
70.97 +5% 10.2% 89.8%
74.35 +10% 0.7% 99.3%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 1 ±0.8% 18.1% 21.9K
Sep 09, 2026 6 ±1.6% 14.5% 370
Sep 11, 2026 8 ±2.0% 17.2% 14.1K
Sep 14, 2026 11 ±2.2% 15.5% 69
Sep 16, 2026 13 ±2.6% 16.9% 51
Sep 18, 2026 15 ±3.1% 19.3% 1.59M
Sep 25, 2026 22 ±3.8% 19.1% 9,074
Sep 30, 2026 27 ±4.1% 18.7% 54.6K
Oct 02, 2026 29 ±4.4% 19.5% 4,451
Oct 09, 2026 36 ±5.0% 19.7% 726
Oct 16, 2026 43 ±5.5% 19.9% 462.0K
Oct 23, 2026 50 ±6.1% 20.4% 0

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

51.0054.0057.0060.0063.0066.0069.0072.0075.0067.59
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 57 P · 145.7K58 P · 129.1K65 C · 99.8K70 C · 84.4K50 P · 83.0K

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

14%17%21%25%1d29d197d

When does open interest expire?

35%This month64%Later

Implied vs realized volatility

17.1%18.5%19.9%21.2%Aug 31Sep 03
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Of 4 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 100.0% of the time.

About iShares MSCI Emerging Markets ETF

This exchange-traded fund, the iShares MSCI Emerging Markets ETF, endeavors to replicate the performance of an index that includes large and medium-sized company stocks within emerging markets.

ETF · Asset Management - Global · AMEX · Profile: Financial Modeling Prep

Related securities — ETF

SPY · IV 11.7%QQQ · IV 17.2%IWM · IV 16.6%IBIT · IV 41.0%GLD · IV 24.4%TLT · IV 10.5%

Consumer Cyclical

ABNB · Airbnb, Inc.AMZN · Amazon.com, Inc.AZO · AutoZone, Inc.BABA · Alibaba Group Holding…BBY · Best Buy Co., Inc.BYD · Boyd Gaming CorporationCAVA · CAVA Group, Inc.CCL · Carnival Corporation & plc

ETF

ARKK · ARK Innovation ETFBITO · ProShares Bitcoin ETFDIA · State Street SPDR Dow…EEM · iShares MSCI Emerging…EFA · iShares MSCI EAFE ETFEWZ · iShares MSCI Brazil ETFFXI · iShares China Large-Cap ETFGDX · VanEck Gold Miners ETF

Technology

AAPL · Apple Inc.ADBE · Adobe Inc.AI · C3.ai, Inc.AMAT · Applied Materials, Inc.AMD · Advanced Micro Device…APP · AppLovin CorporationARM · Arm Holdings plc Amer…ASML · ASML Holding N.V.

Financial Services

AFRM · Affirm Holdings, Inc.ALL · The Allstate CorporationALLY · Ally Financial Inc.AXP · American Express CompanyBAC · Bank of America CorporationBLK · BlackRock, Inc.BX · Blackstone Inc.C · Citigroup Inc.

Industrials

AAL · American Airlines Gro…BA · The Boeing CompanyCAT · Caterpillar Inc.CMI · Cummins Inc.DAL · Delta Air Lines, Inc.DE · Deere & CompanyEMR · Emerson Electric Co.ETN · Eaton Corporation plc

Energy

BKR · Baker Hughes CompanyCCJ · Cameco CorporationCOP · ConocoPhillipsCVX · Chevron CorporationDVN · Devon Energy CorporationENPH · Enphase Energy, Inc.EOG · EOG Resources, Inc.ET · Energy Transfer LP