FEM · Iron Condor Setups

First Trust Emerging Markets AlphaDEX Fund · ETF

Iron condor opportunities for FEM based on the same scoring engine used in the Iron Condor Screener: breach rate, average straddle, IV rank, IV premium, and beta-adjusted scoring. Updated every 5 minutes during market hours.

FEM IV rank history

30 sessions

IV rank = where today's implied volatility sits in its range over the past 90 sessions (0–100).

Current Iron Condor Setup for FEM
Score
7.43
Breach Rate
5.1%
29 of 573 observations
Avg Straddle
$2.36
6.2% of price
IV Rank
31%
IV Premium
2.32x
IV ÷ Realized Vol
Beta vs SPY
1.15
P/C Vol
1.77
Current Price
$31.65
Score formula: (1 − breach_rate) × avg_straddle × IV_premium_factor × beta_penalty. Higher is better. FEM is ranked against all other tracked symbols by score; see the full Iron Condor Screener for the leaderboard.
FEM IV Rank — Last 30 Days
DateIV Rank
2026102231%
2026102129%
2026102028%
2026101929%
2026101626%
2026101523%
2026101422%
2026101319%
2026101218%
2026100923%
2026100825%
2026100725%
2026100620%
2026100520%
2026100223%
2026100122%
2026093021%
2026092921%
2026092820%
2026092521%
2026092420%
2026092322%
2026092220%
2026092118%
2026091823%
2026091723%
2026091621%
2026091522%
2026091421%
2026091115%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.