EMLP Options History — November 2014

In November 2014, EMLP traded between $27.31 and $28.46. ATM implied volatility averaged 80.0%. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 65.1% (HV 20d: 14.9%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-11-03: Highest Volume — 12 contracts
  • 2014-11-13: Largest IV drop — 64.6% change
  • 2014-11-10: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.94$27.31$28.46$27.82$27.92
Max Pain$29.39$29.00$30.00$29.00$30.00
ATM IV80.0%48.8%137.8%100.1%63.0%
Expected Move11.0%8.8%11.9%10.9%11.5%
HV 20d14.9%11.9%21.1%19.4%14.0%
HV 60d14.9%14.5%15.5%15.4%15.5%
Term Structure-5.4%-71.5%24.2%-71.5%22.6%
VWIV41.3%31.1%44.7%41.9%43.8%
Skew 25d11.6%-6.0%19.4%3.6%17.1%
Skew 10d36.6%6.7%51.3%21.5%49.9%
Call IV 25d93.9%50.6%139.0%134.3%106.2%
Put IV 25d105.5%63.7%143.1%137.9%123.3%
Bid-Ask Spread %165.42119.50172.93169.06160.24
Gamma HHI0.690.501.000.501.00
Net GEX4240600566288
Net DEX-11.0K-15.5K0-14.5K-6.8K
Net VEX-59-800-80-36
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume8.842012120
Total OI9.158012126

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-11-03$27.82$29.00100.1%10.9%19.4%0.0%41.9%3.6%-71.5%566-14.5K-800.00169.06120120
2014-11-04$27.31$29.00102.6%10.7%20.4%0.0%44.1%4.1%-35.8%533-13.4K-770.00170.28120120
2014-11-05$27.74$29.0096.9%11.3%21.1%0.0%39.2%3.4%-55.8%506-14.9K-790.00166.30120120
2014-11-06$27.56$29.00100.8%10.1%18.9%0.0%35.5%-1.7%-70.0%593-13.4K-770.00169.18120120
2014-11-07$27.84$29.00112.8%11.0%19.1%0.0%42.4%13.9%9.7%564-14.6K-790.00166.60120120
2014-11-10$27.86$29.00119.9%11.9%15.1%0.0%40.2%-6.0%8.3%498-15.3K-780.00166.12120120
2014-11-11$27.86$29.00127.8%10.9%15.1%0.0%31.1%13.9%1.2%498-15.3K-780.00160.48120120
2014-11-12$27.79$29.00137.8%11.2%15.1%0.0%43.5%12.7%8.5%568-14.4K-770.00167.66120120
2014-11-13$27.53$29.0048.8%11.0%13.1%0.0%44.7%12.5%7.5%600-13.3K-750.00169.45120120
2014-11-14$27.66$30.0049.4%10.9%13.1%0.0%0.0%13.1%7.5%274-6.6K-380.00172.930060
2014-11-17$27.95$29.0053.2%11.6%13.0%0.0%43.7%17.2%7.5%556-14.9K-760.00169.76120120
2014-11-18$28.12$29.0054.7%11.7%12.6%0.0%43.1%19.2%7.8%545-15.5K-770.00167.05120120
2014-11-19$28.25$0.0068.3%8.8%12.5%0.0%0.0%0.0%-37.5%0000.00119.500000
2014-11-20$28.30$30.0053.7%11.0%12.3%0.0%42.7%13.9%7.7%292-7.3K-380.00169.9912060
2014-11-21$28.36$30.0054.5%11.1%12.1%0.0%42.6%17.2%7.6%294-7.4K-380.00168.3812060
2014-11-24$28.23$30.0057.8%11.2%12.2%0.0%0.0%17.3%23.9%290-7.3K-380.00169.650060
2014-11-25$28.25$30.0058.9%11.3%11.9%0.0%43.8%17.7%23.9%291-7.3K-380.00170.1312060
2014-11-26$28.46$30.0059.8%11.3%12.0%0.0%0.0%19.4%24.2%297-7.5K-380.00170.310060
2014-11-28$27.92$30.0063.0%11.5%14.0%0.0%0.0%17.1%22.6%288-6.8K-360.00160.240060