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First Trust Emerging Markets AlphaDEX Fund FEM

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Market dataready · fetched 2026-11-11T14:01:50.431Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-10T21:00:00.213896719Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-11T14:01:48.848721+00:00

Share price$30.64
1D+0.0%
AH$30.52$30.60$30.67$30.75$30.835:30 AM6:30 AM9:00 AM1:00 PM2:00 PMFEM
Sold putSold callAH

First Trust Emerging Markets AlphaDEX Fund options

Live interpolated FEM call and put midpoint premiums by absolute delta.First Trust Emerging Markets AlphaDEX Fund$0.52$0.82$1.12$1.42$1.73$27.87$29.01$30.16$31.30$32.4420Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ20Δ C unavailable: no unambiguous, price-consistent delta bracketC —OPTION PRICELive FEM spot · $30.64FEM PRICE$0.55$0.57$0.61$0.65$0.70$0.77$0.84$0.92$0.99$1.15$1.39$1.64$0.56$0.60$0.63$0.66$0.70$0.75$0.81$0.86$0.94$1.02$1.11$1.19$1.28
PutsExpensive2.08×
Calls——
Skew——
Implied moveBearish±$1.58
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ27.1398.5%13.3%
25Δ33.7680.7%12.0%28.4077.5%9.2%
30Δ32.6165.2%8.3%29.1765.2%6.9%
35Δ31.9056.0%6.1%29.7255.6%5.2%
40Δ31.4649.9%4.8%30.1348.7%4.0%
45Δ31.0343.9%3.5%30.4044.7%3.3%
50Δ30.7941.2%3.0%30.6740.7%2.6%
55Δ30.5638.8%2.5%30.9436.7%1.8%
60Δ30.3436.4%2.0%31.1234.2%1.5%
65Δ30.1133.9%1.5%31.2832.3%1.2%
70Δ29.8433.4%1.2%31.4430.3%1.0%
75Δ29.5434.8%1.0%31.6128.3%0.7%
80Δ29.2336.2%0.8%31.7726.3%0.5%

20Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
27.13
IV
98.5%
B/E move
13.3%

25Δ

Calls
Pseudo strike
33.76
IV
80.7%
B/E move
12.0%
Puts
Pseudo strike
28.40
IV
77.5%
B/E move
9.2%

30Δ

Calls
Pseudo strike
32.61
IV
65.2%
B/E move
8.3%
Puts
Pseudo strike
29.17
IV
65.2%
B/E move
6.9%

35Δ

Calls
Pseudo strike
31.90
IV
56.0%
B/E move
6.1%
Puts
Pseudo strike
29.72
IV
55.6%
B/E move
5.2%

40Δ

Calls
Pseudo strike
31.46
IV
49.9%
B/E move
4.8%
Puts
Pseudo strike
30.13
IV
48.7%
B/E move
4.0%

45Δ

Calls
Pseudo strike
31.03
IV
43.9%
B/E move
3.5%
Puts
Pseudo strike
30.40
IV
44.7%
B/E move
3.3%

50Δ

Calls
Pseudo strike
30.79
IV
41.2%
B/E move
3.0%
Puts
Pseudo strike
30.67
IV
40.7%
B/E move
2.6%

55Δ

Calls
Pseudo strike
30.56
IV
38.8%
B/E move
2.5%
Puts
Pseudo strike
30.94
IV
36.7%
B/E move
1.8%

60Δ

Calls
Pseudo strike
30.34
IV
36.4%
B/E move
2.0%
Puts
Pseudo strike
31.12
IV
34.2%
B/E move
1.5%

65Δ

Calls
Pseudo strike
30.11
IV
33.9%
B/E move
1.5%
Puts
Pseudo strike
31.28
IV
32.3%
B/E move
1.2%

70Δ

Calls
Pseudo strike
29.84
IV
33.4%
B/E move
1.2%
Puts
Pseudo strike
31.44
IV
30.3%
B/E move
1.0%

75Δ

Calls
Pseudo strike
29.54
IV
34.8%
B/E move
1.0%
Puts
Pseudo strike
31.61
IV
28.3%
B/E move
0.7%

80Δ

Calls
Pseudo strike
29.23
IV
36.2%
B/E move
0.8%
Puts
Pseudo strike
31.77
IV
26.3%
B/E move
0.5%

Options history

IV · four-Friday blend29.25%
Daily close
FEM23.8%39.1%54.5%2026-08-13: 40.13%2026-08-14: 40.06%2026-08-17: 42.45%2026-08-18: 46.61%2026-08-19: 50.51%2026-08-20: 50.72%2026-08-21: 30.10%2026-08-24: 30.18%2026-08-25: 29.61%2026-08-26: 29.20%2026-08-27: 29.29%2026-08-28: 28.94%2026-08-31: 29.99%2026-09-01: 29.30%2026-09-02: 29.55%2026-09-03: 29.35%2026-09-04: 29.18%2026-09-08: 31.99%2026-09-09: 32.20%2026-09-10: 33.82%2026-09-11: 33.92%2026-09-14: 37.54%2026-09-15: 38.09%2026-09-16: 41.01%2026-09-17: 46.98%2026-09-18: 28.34%2026-09-21: 27.75%2026-09-22: 26.65%2026-09-23: 27.28%2026-09-24: 26.94%2026-09-25: 26.21%2026-09-28: 27.38%2026-09-29: 27.59%2026-09-30: 27.73%2026-10-01: 27.98%2026-10-02: 27.49%2026-10-05: 28.27%2026-10-06: 28.39%2026-10-07: 29.09%2026-10-08: 29.30%2026-10-09: 30.02%2026-10-12: 32.65%2026-10-13: 34.74%2026-10-14: 38.06%2026-10-15: 52.34%2026-10-16: 26.00%2026-10-19: 26.64%2026-10-20: 25.93%2026-10-21: 26.23%2026-10-22: 27.75%2026-10-23: 27.40%2026-10-26: 27.78%2026-10-27: 28.11%2026-10-28: 28.04%2026-10-29: 28.70%2026-10-30: 29.25%Aug 13Sep 22Oct 30
56 observations2026-08-13 — 2026-10-30
Table
DateIV (%)
40.13%
40.06%
42.45%
46.61%
50.51%
50.72%
30.10%
30.18%
29.61%
29.20%
29.29%
28.94%
29.99%
29.30%
29.55%
29.35%
29.18%
31.99%
32.20%
33.82%
33.92%
37.54%
38.09%
41.01%
46.98%
28.34%
27.75%
26.65%
27.28%
26.94%
26.21%
27.38%
27.59%
27.73%
27.98%
27.49%
28.27%
28.39%
29.09%
29.30%
30.02%
32.65%
34.74%
38.06%
52.34%
26.00%
26.64%
25.93%
26.23%
27.75%
27.40%
27.78%
28.11%
28.04%
28.70%
29.25%