EMLP Options History — August 2014

In August 2014, EMLP traded between $25.76 and $28.23. ATM implied volatility averaged 97.6%. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 82.3% (HV 20d: 15.2%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-08-28: Highest Volume — 6 contracts
  • 2014-08-26: Largest IV spike — 431.9% change
  • 2014-08-07: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.22$25.76$28.23$26.04$28.23
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV97.6%15.9%195.9%117.5%89.6%
Expected Move8.1%2.0%8.7%8.6%8.5%
HV 20d15.2%13.9%16.3%16.3%13.9%
Term Structure-29.1%-56.6%-9.0%-52.9%-29.4%
VWIV24.9%6.9%36.4%36.4%31.5%
Skew 25d24.4%-13.9%57.6%21.0%23.5%
Skew 10d38.7%-15.2%73.0%-15.2%60.0%
Call IV 25d87.6%70.8%150.1%150.1%101.7%
Put IV 25d112.0%65.0%171.1%171.1%125.2%
Bid-Ask Spread %173.18140.51200.00179.46169.56
Gamma HHI1.001.001.001.001.00
Net GEX45035100
Net DEX-1.1K-8.4K000
Net VEX-7-50000
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5710600
Total OI2.0480600

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-08-01$26.04$0.00117.5%8.6%0.0%0.0%0.0%21.0%-52.9%0000.00179.460000
2014-08-04$26.19$0.00130.9%8.6%0.0%0.0%0.0%-13.9%-27.0%0000.00174.780000
2014-08-05$25.84$0.00137.7%8.7%0.0%0.0%0.0%17.0%-28.8%0000.00193.310000
2014-08-06$25.76$0.00144.6%8.7%0.0%0.0%0.0%34.8%-29.7%0000.00175.210000
2014-08-07$25.85$0.00152.2%8.7%0.0%0.0%0.0%35.7%-30.0%0000.00175.240000
2014-08-08$26.14$0.00142.9%7.7%0.0%0.0%0.0%16.2%-33.0%0000.00140.510000
2014-08-11$26.99$0.00195.9%8.5%0.0%0.0%0.0%26.7%-31.1%0000.00172.780000
2014-08-12$26.94$0.0070.3%8.5%0.0%0.0%0.0%41.7%-32.0%0000.00173.940000
2014-08-13$27.10$0.0071.0%8.5%0.0%0.0%0.0%-12.3%-32.1%0000.00173.940000
2014-08-14$27.37$0.0071.5%8.4%0.0%0.0%0.0%-12.4%-31.8%0000.00173.030000
2014-08-15$27.68$0.0070.7%8.3%0.0%0.0%0.0%47.0%-56.6%0000.00173.090000
2014-08-18$27.69$0.0073.9%8.3%0.0%0.0%36.4%15.0%-20.2%0000.00171.215000
2014-08-19$27.86$29.0074.8%8.3%0.0%0.0%0.0%51.0%-20.5%0000.00171.630050
2014-08-20$27.99$29.0075.9%8.3%0.0%0.0%0.0%37.3%-20.9%0000.00170.540050
2014-08-21$27.99$29.0077.1%8.3%16.3%0.0%0.0%38.2%-21.7%0000.00170.180050
2014-08-22$27.88$29.0078.6%8.4%16.1%0.0%0.0%53.3%-22.8%0000.00170.760050
2014-08-25$27.98$29.0015.9%2.0%15.6%0.0%6.9%0.0%-9.0%316-6.4K-410.00200.001050
2014-08-26$27.92$29.0084.6%8.4%15.3%0.0%0.0%57.6%-26.7%351-7.7K-500.00168.880060
2014-08-27$28.09$29.0086.1%8.4%14.9%0.0%0.0%-11.3%-27.4%1000.00170.340060
2014-08-28$28.13$29.0087.8%8.5%14.5%0.0%31.5%22.5%-28.5%284-8.4K-500.00168.386060
2014-08-29$28.23$0.0089.6%8.5%13.9%0.0%0.0%23.5%-29.4%0000.00169.560000