EMLP Options History — October 2014

In October 2014, EMLP traded between $25.55 and $27.70. ATM implied volatility averaged 105.0%. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 88.2% (HV 20d: 16.8%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-10-08: Highest Volume — 12 contracts
  • 2014-10-15: Largest IV spike — 120.7% change
  • 2014-10-31: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.88$25.55$27.70$27.01$27.70
Max Pain$29.30$29.00$30.00$30.00$29.00
ATM IV105.0%73.1%171.2%106.3%92.5%
Expected Move10.1%8.7%10.7%9.6%10.7%
HV 20d16.8%12.3%19.7%12.7%19.4%
HV 60d15.1%13.1%16.1%13.4%15.5%
Term Structure-28.7%-69.2%-7.7%-45.5%-65.9%
VWIV41.4%31.4%47.1%41.6%41.9%
Skew 25d2.0%-10.6%4.6%4.3%3.6%
Skew 10d15.3%-3.0%20.6%18.8%19.8%
Call IV 25d105.5%61.5%153.3%144.5%124.3%
Put IV 25d107.5%62.3%157.9%148.9%127.9%
Bid-Ask Spread %171.59165.91178.08173.05168.89
Gamma HHI0.650.501.001.000.50
Net GEX435235594252576
Net DEX-10.4K-14.0K-5.3K-6.0K-14.0K
Net VEX-67-83-37-42-80
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume8.348012012
Total OI10.174612612

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-10-01$27.01$30.00106.3%9.6%12.7%0.0%0.0%4.3%-45.5%252-6.0K-420.00173.050060
2014-10-02$27.11$30.00109.3%9.6%12.8%0.0%0.0%4.4%-47.5%256-6.0K-420.00174.620060
2014-10-03$27.11$30.00112.9%9.7%12.4%0.0%0.0%4.6%-50.5%256-6.0K-420.00174.620060
2014-10-06$27.08$30.00126.3%9.8%12.3%0.0%0.0%2.5%-12.2%255-6.0K-410.00174.540060
2014-10-07$26.90$30.00132.3%9.8%12.4%0.0%0.0%2.6%-12.9%248-5.8K-410.00174.450060
2014-10-08$26.97$29.00138.7%9.8%12.5%0.0%41.6%2.6%-13.1%516-12.6K-830.00171.64120120
2014-10-09$26.30$29.00150.8%10.2%14.9%0.0%44.3%2.7%-13.3%477-11.2K-780.00172.21120120
2014-10-10$26.29$29.00159.0%10.5%14.1%0.0%44.4%2.9%-13.7%430-12.1K-790.00171.06120120
2014-10-13$25.55$29.00171.2%8.7%16.9%0.0%33.1%0.3%-9.9%430-9.9K-720.00173.77120120
2014-10-14$25.76$29.0073.1%10.5%16.6%0.0%47.1%3.1%-16.7%451-10.1K-720.00172.46120120
2014-10-15$25.68$29.00161.2%8.8%16.5%0.0%31.4%0.8%-7.7%440-10.1K-710.00171.00120120
2014-10-16$26.38$30.0074.2%10.4%19.6%0.0%0.0%3.0%-16.3%235-5.3K-380.00178.080060
2014-10-17$26.49$30.0075.1%10.4%19.5%0.0%0.0%3.0%-16.6%238-5.4K-370.00175.520060
2014-10-20$26.80$29.0076.5%10.3%19.7%0.0%43.9%3.1%-19.6%507-12.2K-780.00171.35120120
2014-10-21$27.12$29.0077.2%10.2%19.5%0.0%42.8%3.1%-19.4%523-12.9K-800.00169.36120120
2014-10-22$27.03$29.0074.6%10.3%19.5%0.0%41.1%-10.6%-18.4%531-12.6K-790.00168.52120120
2014-10-23$27.26$29.0079.6%10.3%19.2%0.0%42.5%3.1%-20.5%531-13.3K-800.00168.97120120
2014-10-24$27.45$29.0080.6%10.3%19.2%0.0%41.9%3.4%-20.8%534-13.8K-800.00166.51120120
2014-10-27$27.37$29.0080.8%10.4%19.2%0.0%40.1%-7.7%-23.8%564-13.2K-800.00165.91120120
2014-10-28$27.63$29.0086.2%10.5%19.4%0.0%41.7%3.5%-61.2%583-13.7K-800.00169.48120120
2014-10-29$27.55$29.0086.8%10.5%19.4%0.0%42.2%3.7%-69.2%594-13.4K-790.00170.42120120
2014-10-30$27.63$29.0089.9%10.6%19.3%0.0%42.0%3.6%-64.4%583-13.7K-790.00170.10120120
2014-10-31$27.70$29.0092.5%10.7%19.4%0.0%41.9%3.6%-65.9%576-14.0K-800.00168.89120120