EMLP Options History — January 2015

In January 2015, EMLP traded between $26.92 and $28.27. ATM implied volatility averaged 103.9%, placing in the 43.1% IV rank vs the trailing year. The 30-day expected move averaged 22.4%. IV traded above realized volatility by 84.7% (HV 20d: 19.2%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2015-01-23: Highest Volume — 26 contracts
  • 2015-01-13: Largest IV drop — 78.4% change
  • 2015-01-30: Highest IV Rank — 43.1%
  • 2015-01-30: Largest Expected Move — 29.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.70$26.92$28.27$28.25$27.82
ATM IV103.9%46.1%213.9%112.9%101.3%
Expected Move22.4%18.0%29.0%18.9%29.0%
HV 20d19.2%16.4%23.6%22.0%17.1%
HV 60d18.5%18.0%19.8%19.2%18.6%
IV Rank43.1%43.1%43.1%43.1%43.1%
IV Percentile70.6%70.6%70.6%70.6%70.6%
Term Structure-21.3%-38.9%-9.3%-38.9%-33.7%
Skew 25d4.3%-3.6%12.8%3.7%7.9%
Skew 10d23.7%13.6%37.3%18.4%37.3%
Call IV 25d103.3%65.6%149.4%149.4%126.9%
Put IV 25d107.6%78.3%153.1%153.1%134.8%
Bid-Ask Spread %144.76140.88150.89141.59143.80
Gamma HHI0.890.561.001.000.59
Net GEX4562531.1K278959
Net DEX-12.1K-28.1K-6.2K-7.3K-27.0K
Net VEX-58-150-26-30-146
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume100261226
Total OI9.5620620

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-01-02$28.25$0.00112.9%18.9%22.0%0.0%0.0%3.7%-38.9%278-7.3K-300.00141.5912060
2015-01-05$27.61$0.00122.6%18.0%23.2%0.0%0.0%2.8%-23.0%260-6.9K-290.00149.020060
2015-01-06$27.24$0.00131.4%18.2%23.6%0.0%0.0%3.0%-13.6%271-6.2K-280.00146.650060
2015-01-07$27.36$0.00137.5%18.8%22.4%0.0%0.0%-3.6%-13.8%276-6.3K-270.00142.880060
2015-01-08$27.68$0.00142.2%20.3%22.5%0.0%0.0%2.0%-14.7%265-7.3K-290.00142.7412060
2015-01-09$27.58$0.00155.7%20.5%19.8%0.0%0.0%2.0%-15.1%264-7.3K-290.00144.2612060
2015-01-12$27.13$0.00213.9%20.9%20.7%0.0%0.0%1.1%-10.4%260-7.3K-270.00144.0512060
2015-01-13$26.92$0.0046.1%21.1%20.3%0.0%0.0%0.7%-9.3%256-7.2K-270.00141.0612060
2015-01-14$27.16$0.0074.8%21.5%19.6%0.0%0.0%1.3%-16.6%253-7.5K-280.00141.0212060
2015-01-15$27.20$0.0075.9%21.8%19.6%0.0%0.0%1.5%-11.6%264-7.2K-280.00140.8812060
2015-01-16$27.71$0.0071.7%20.6%16.9%0.0%0.0%3.5%-18.8%295-6.7K-270.00150.890060
2015-01-20$27.66$0.0076.2%21.9%16.4%0.0%0.0%12.8%-21.7%293-6.6K-260.00141.640060
2015-01-21$28.05$0.0077.0%22.1%16.9%0.0%0.0%4.6%-21.5%314-7.0K-260.00149.430060
2015-01-22$28.15$0.0085.7%24.6%16.9%0.0%0.0%5.8%-23.6%275-7.3K-260.00143.6712060
2015-01-23$28.20$0.0087.1%25.0%16.9%0.0%0.0%7.0%-24.4%279-7.3K-260.00143.6526060
2015-01-26$28.27$0.0084.0%24.1%16.8%0.0%0.0%7.6%-25.6%1.1K-28.1K-1500.00150.8200200
2015-01-27$28.24$0.0085.8%24.6%16.6%0.0%0.0%7.6%-26.8%1.0K-28.1K-1490.00150.1100200
2015-01-28$27.75$0.0096.8%27.8%17.3%0.0%0.0%7.6%-30.6%960-26.8K-1470.00144.06260200
2015-01-29$27.92$0.0098.9%28.3%17.4%0.0%0.0%8.0%-32.0%965-27.3K-1480.00143.04260200
2015-01-30$27.82$0.00101.3%29.0%17.1%43.1%0.0%7.9%-33.7%959-27.0K-1460.00143.80260200