EMLP Options History — November 2015

In November 2015, EMLP traded between $21.56 and $23.51. ATM implied volatility averaged 108.3%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 27.1%. IV traded above realized volatility by 90.1% (HV 20d: 18.2%). Max pain ranged from $22.00 to $27.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2015-11-25: Highest Volume — 70 contracts
  • 2015-11-04: Largest IV spike — 106.7% change
  • 2015-11-10: Highest IV Rank — 77.9%
  • 2015-11-04: Largest Expected Move — 36.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.15$21.56$23.51$23.14$21.56
Max Pain$25.65$22.00$27.00$23.00$22.00
ATM IV108.3%55.6%169.7%121.3%128.5%
Expected Move27.1%16.0%36.8%34.8%36.8%
HV 20d18.2%13.9%20.8%13.9%18.6%
HV 60d25.0%22.9%26.3%25.6%22.9%
IV Rank47.0%20.6%77.9%53.6%57.2%
IV Percentile63.3%6.0%98.4%81.7%83.3%
Term Structure-26.7%-53.1%72.8%-44.8%-48.4%
VWIV96.7%15.1%128.2%73.9%128.2%
Skew 25d32.6%8.3%72.9%14.6%15.4%
Skew 10d26.6%4.2%41.0%33.4%4.2%
Call IV 25d113.0%74.7%174.8%159.4%174.8%
Put IV 25d145.6%83.3%190.2%174.0%190.2%
Bid-Ask Spread %148.52144.55153.79152.97146.97
Gamma HHI0.460.350.710.370.68
Net GEX1.9K03.1K2.6K2.0K
Net DEX-52.3K-90.3K0-85.7K-77.4K
Net VEX-100-1670-167-137
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume40070500
Total OI7016767676

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-11-02$23.14$23.00121.3%34.8%13.9%53.6%73.9%14.6%-44.8%2.6K-85.7K-1670.00152.97500760
2015-11-03$23.51$23.0062.2%17.8%15.1%23.9%60.2%13.9%68.4%3.0K-90.3K-1670.00153.39500760
2015-11-04$23.17$23.00128.5%36.8%15.6%57.2%66.4%14.8%-50.1%2.8K-85.0K-1590.00153.79500760
2015-11-05$22.96$27.00133.4%22.6%15.1%59.6%88.5%8.7%-33.2%2.7K-82.2K-1530.00148.16500760
2015-11-06$22.43$27.00142.7%23.6%16.9%64.3%0.0%8.9%-33.3%2.5K-75.4K-1440.00147.8900760
2015-11-09$22.31$27.00161.5%24.6%16.9%73.8%0.0%20.3%-36.3%2.4K-74.2K-1290.00147.9700760
2015-11-10$22.26$27.00169.7%25.0%16.7%77.9%100.0%20.3%-37.5%2.4K-73.7K-1240.00148.30500760
2015-11-11$22.27$27.0087.9%25.2%16.7%36.8%100.9%22.4%-38.1%2.3K-74.5K-1200.00147.65500760
2015-11-12$21.63$27.0090.7%26.0%18.2%38.2%108.1%55.1%-42.9%2.4K-64.4K-1080.00148.28500760
2015-11-13$21.56$27.0092.2%26.4%17.9%39.0%110.4%53.6%-44.4%3.1K-54.5K-1000.00148.20500760
2015-11-16$22.07$27.0095.3%27.3%20.5%40.6%0.0%43.9%-45.2%2.5K-10.6K-380.00148.2700760
2015-11-17$21.82$27.0097.4%27.9%20.6%41.6%115.9%68.1%-48.0%510-8.3K-320.00148.27500760
2015-11-18$21.97$27.0098.7%28.3%20.8%42.3%115.3%62.3%-48.5%720-8.8K-330.00148.20500760
2015-11-19$21.88$27.00100.6%28.8%20.8%43.2%119.3%72.9%-50.6%407-8.3K-310.00148.01500760
2015-11-20$21.74$27.00102.6%29.4%20.7%44.2%121.5%66.8%-53.1%398-8.0K-290.00147.25500760
2015-11-23$21.68$27.0055.6%16.0%20.4%20.6%0.0%55.0%72.8%394-5.5K-210.00147.0000160
2015-11-24$21.80$27.0061.8%17.7%20.1%23.7%15.1%8.3%63.4%0000.00144.55600160
2015-11-25$21.71$22.00116.4%33.4%19.3%51.1%127.2%12.6%-42.8%1.8K-82.4K-1600.00147.85700760
2015-11-27$21.60$22.00118.7%34.0%19.0%52.3%128.2%14.4%-40.8%2.1K-77.7K-1490.00147.45700760
2015-11-30$21.56$22.00128.5%36.8%18.6%57.2%0.0%15.4%-48.4%2.0K-77.4K-1370.00146.9700760