EMLP Options History — May 2016

In May 2016, EMLP traded between $22.59 and $23.34. ATM implied volatility averaged 94.4%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 26.6%. IV traded above realized volatility by 80.0% (HV 20d: 14.4%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2016-05-02: Highest Volume — 3 contracts
  • 2016-05-11: Largest IV drop — 15.0% change
  • 2016-05-31: Highest IV Rank — 60.1%
  • 2016-05-31: Largest Expected Move — 35.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.96$22.59$23.34$22.86$23.34
ATM IV94.4%74.5%124.1%74.5%124.1%
Expected Move26.6%21.4%35.6%21.4%35.6%
HV 20d14.4%11.9%17.0%17.0%12.9%
HV 60d18.0%16.7%21.0%20.9%16.8%
IV Rank43.8%32.9%60.1%32.9%60.1%
IV Percentile35.3%12.3%70.2%12.3%70.2%
Term Structure-26.2%-48.2%48.7%48.7%-44.5%
Skew 25d11.1%8.3%14.7%14.4%14.5%
Skew 10d41.3%36.9%46.1%39.4%43.3%
Call IV 25d134.8%107.9%169.1%158.9%168.4%
Put IV 25d145.9%116.3%183.5%173.4%182.9%
Bid-Ask Spread %152.38151.13153.69153.60152.36
Gamma HHI1.001.001.001.001.00
Net GEX9574989598
Net DEX-3.4K-3.6K-3.1K-3.3K-3.6K
Net VEX-16-17-15-17-15
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume33333
Total OI33333

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-05-02$22.86$0.0074.5%21.4%17.0%32.9%0.0%14.4%48.7%95-3.3K-170.00153.603030
2016-05-03$22.63$0.0076.8%22.0%16.5%34.2%0.0%14.7%48.0%94-3.2K-160.00153.693030
2016-05-04$22.71$0.0079.2%22.7%16.1%35.5%0.0%14.4%48.1%94-3.2K-160.00153.543030
2016-05-05$22.78$0.0081.7%22.7%16.0%36.8%0.0%8.5%-34.2%95-3.3K-160.00152.383030
2016-05-06$22.75$0.0084.6%22.9%15.6%38.4%0.0%8.3%-35.1%95-3.2K-160.00152.353030
2016-05-09$22.59$0.0095.6%23.9%16.0%44.5%0.0%8.9%-38.4%94-3.1K-160.00152.463030
2016-05-10$22.79$0.00100.0%24.1%14.4%46.9%0.0%9.0%-38.4%95-3.3K-160.00152.243030
2016-05-11$22.91$0.0085.0%24.4%14.4%38.7%0.0%9.0%-38.7%96-3.3K-160.00152.223030
2016-05-12$23.04$0.0086.0%24.6%14.4%39.2%0.0%9.3%-39.1%97-3.4K-160.00152.333030
2016-05-13$22.95$0.0087.4%25.0%14.2%40.0%0.0%9.5%-40.6%96-3.3K-160.00152.103030
2016-05-16$23.25$0.0090.7%26.0%13.8%41.8%0.0%10.1%-42.2%98-3.5K-160.00152.253030
2016-05-17$23.20$0.0091.9%26.3%11.9%42.4%0.0%10.3%-43.4%98-3.5K-160.00151.133030
2016-05-18$22.72$0.0094.8%27.2%14.1%44.0%0.0%10.6%-36.4%74-3.5K-160.00152.303030
2016-05-19$22.98$0.0095.9%27.5%14.3%44.7%0.0%10.3%-47.9%96-3.4K-160.00152.173030
2016-05-20$23.16$0.0097.2%27.9%14.2%45.3%0.0%10.5%-48.2%97-3.5K-160.00151.963030
2016-05-23$23.01$0.00103.3%29.6%14.2%48.7%0.0%11.8%-30.9%96-3.4K-160.00152.243030
2016-05-24$22.97$0.00105.5%30.2%14.1%49.9%0.0%12.2%-32.5%96-3.4K-150.00152.253030
2016-05-25$23.16$0.00107.2%30.7%13.3%50.8%0.0%12.2%-33.1%97-3.5K-150.00152.003030
2016-05-26$23.21$0.00109.5%31.4%12.9%52.1%0.0%12.6%-34.5%97-3.5K-150.00152.243030
2016-05-27$23.24$0.00112.0%32.1%12.8%53.5%0.0%12.9%-36.1%97-3.5K-150.00152.113030
2016-05-31$23.34$0.00124.1%35.6%12.9%60.1%0.0%14.5%-44.5%98-3.6K-150.00152.363030