EMLP Options History — March 2017

In March 2017, EMLP traded between $24.87 and $25.40. ATM implied volatility averaged 111.0%, placing in the 44.1% IV rank vs the trailing year. The 30-day expected move averaged 26.2%. IV traded above realized volatility by 101.6% (HV 20d: 9.4%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2017-03-01: Highest Volume — 2 contracts
  • 2017-03-13: Largest IV drop — 57.6% change
  • 2017-03-10: Highest IV Rank — 90.9%
  • 2017-03-03: Largest Expected Move — 36.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.16$24.87$25.40$25.40$25.32
ATM IV111.0%77.5%182.9%119.8%106.0%
Expected Move26.2%20.3%36.8%34.4%30.4%
HV 20d9.4%4.8%11.9%6.9%11.9%
HV 60d11.0%10.6%11.3%11.0%11.0%
IV Rank44.1%22.3%90.9%49.9%40.9%
IV Percentile53.0%4.4%98.4%71.8%63.9%
Term Structure-30.7%-55.8%-23.1%-48.8%-36.2%
Skew 25d-5.0%-86.5%5.3%5.3%1.9%
Skew 10d16.6%8.5%21.0%8.5%16.7%
Call IV 25d123.4%97.0%173.7%153.1%144.9%
Put IV 25d118.5%36.3%177.4%158.4%146.8%
Bid-Ask Spread %148.29145.65150.69148.80146.25
Gamma HHI1.001.001.001.001.00
Net GEX-77-96-64-82-73
Net DEX2.3K2.2K2.5K2.2K2.2K
Net VEX-10-11-9-11-9
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume22222
Total OI22222

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-03-01$25.40$0.00119.8%34.4%6.9%49.9%0.0%5.3%-48.8%-822.2K-110.00148.800202
2017-03-02$25.39$0.00123.8%35.5%6.8%52.4%0.0%4.3%-52.0%-822.2K-110.00149.840202
2017-03-03$25.35$0.00128.2%36.8%6.0%55.3%0.0%3.7%-55.8%-822.2K-110.00150.690202
2017-03-06$25.34$0.00144.7%20.3%5.4%66.1%0.0%2.0%-23.1%-822.2K-100.00149.370202
2017-03-07$25.37$0.00151.7%20.6%4.8%70.6%0.0%2.0%-23.6%-822.2K-100.00149.110202
2017-03-08$24.94$0.00161.4%21.0%7.5%76.9%0.0%2.1%-25.4%-802.3K-100.00149.210202
2017-03-09$24.90$0.00171.3%21.2%7.5%83.4%0.0%2.2%-26.1%-792.3K-100.00148.880202
2017-03-10$24.99$0.00182.9%21.4%7.6%90.9%0.0%2.2%-26.5%-802.3K-100.00149.140202
2017-03-13$25.09$0.0077.5%22.2%7.6%22.3%0.0%2.1%-28.3%-812.3K-100.00149.000202
2017-03-14$24.87$0.0080.5%23.1%8.0%24.2%0.0%2.3%-29.8%-792.3K-100.00148.750202
2017-03-15$25.37$0.0081.7%23.4%11.0%25.0%0.0%1.6%-28.9%-832.2K-100.00148.890202
2017-03-16$25.23$0.0081.3%23.3%11.1%24.8%0.0%2.1%-30.3%-662.2K-100.00149.000202
2017-03-17$25.29$0.0081.6%23.4%11.2%25.0%0.0%0.1%-30.9%-662.2K-100.00149.060202
2017-03-20$25.12$0.0085.7%24.6%11.4%27.6%0.0%2.9%-23.4%-672.2K-100.00148.000202
2017-03-21$25.12$0.0088.0%25.2%11.1%29.1%0.0%-5.0%-24.3%-812.3K-100.00146.810202
2017-03-22$25.13$0.0090.9%26.1%10.9%31.0%0.0%-86.5%-24.4%-962.5K-90.00145.650202
2017-03-23$24.94$0.0093.4%26.8%11.1%32.7%0.0%-69.8%-26.0%-812.3K-100.00147.300202
2017-03-24$25.08$0.0094.0%26.9%11.4%33.0%0.0%1.7%-24.6%-822.2K-100.00148.410202
2017-03-27$25.05$0.0099.4%28.5%11.4%36.6%0.0%2.0%-28.8%-642.2K-90.00148.410202
2017-03-28$25.04$0.00101.4%29.1%11.4%37.9%0.0%2.2%-29.1%-642.2K-90.00146.160202
2017-03-29$25.21$0.00103.3%29.6%11.6%39.1%0.0%2.0%-28.2%-692.2K-90.00146.430202
2017-03-30$25.15$0.00104.5%30.0%11.6%39.9%0.0%2.6%-31.0%-752.2K-90.00147.450202
2017-03-31$25.32$0.00106.0%30.4%11.9%40.9%0.0%1.9%-36.2%-732.2K-90.00146.250202