EMLP Options History — April 2017

In April 2017, EMLP traded between $25.08 and $25.51. ATM implied volatility averaged 103.5%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 27.2%. IV traded above realized volatility by 94.6% (HV 20d: 8.9%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2017-04-03: Highest Volume — 2 contracts
  • 2017-04-10: Largest IV spike — 114.0% change
  • 2017-04-11: Highest IV Rank — 77.3%
  • 2017-04-05: Largest Expected Move — 34.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.31$25.08$25.51$25.20$25.26
ATM IV103.5%66.0%151.5%113.5%105.0%
Expected Move27.2%22.4%34.4%32.5%30.1%
HV 20d8.9%7.3%12.2%12.0%7.5%
HV 60d10.3%8.8%11.1%11.0%8.8%
IV Rank42.0%14.8%77.3%45.8%44.1%
IV Percentile52.1%1.6%92.1%68.3%63.1%
Term Structure-30.4%-44.2%-18.7%-39.8%-35.3%
Skew 25d-8.5%-91.1%5.7%4.4%5.7%
Skew 10d20.8%15.1%23.8%18.0%21.1%
Call IV 25d123.7%102.0%156.2%147.4%134.1%
Put IV 25d115.2%31.1%160.8%151.8%139.8%
Bid-Ask Spread %148.27146.49149.48147.49147.34
Gamma HHI1.001.001.001.001.00
Net GEX-76-94-70-74-74
Net DEX2.2K2.1K2.4K2.2K2.2K
Net VEX-8-9-7-9-7
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume22222
Total OI22222

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-04-03$25.20$0.00113.5%32.5%12.0%45.8%0.0%4.4%-39.8%-742.2K-90.00147.490202
2017-04-04$25.34$0.00116.4%33.4%12.2%47.7%0.0%-91.1%-41.4%-732.1K-90.00146.490202
2017-04-05$25.33$0.00120.0%34.4%10.4%50.0%0.0%4.6%-44.2%-732.2K-90.00148.140202
2017-04-06$25.50$0.00126.0%22.4%10.6%53.9%0.0%-70.9%-23.3%-702.1K-90.00148.000202
2017-04-07$25.41$0.0066.0%22.7%10.7%14.8%0.0%1.7%-26.8%-732.1K-90.00148.020202
2017-04-10$25.51$0.00141.3%22.9%10.7%70.0%0.0%2.6%-18.7%-722.1K-90.00148.180202
2017-04-11$25.42$0.00151.5%23.6%10.2%77.3%0.0%3.3%-25.0%-732.1K-80.00148.220202
2017-04-12$25.48$0.0081.9%23.5%7.4%27.6%0.0%3.6%-24.8%-732.1K-80.00148.130202
2017-04-13$25.29$0.0087.7%25.1%7.6%31.8%0.0%3.2%-23.3%-762.4K-80.00147.980202
2017-04-17$25.38$0.0088.2%25.3%7.7%32.1%0.0%3.5%-28.0%-732.1K-80.00147.810202
2017-04-18$25.32$0.0094.5%27.1%7.3%36.6%0.0%3.5%-34.1%-722.2K-80.00148.760202
2017-04-19$25.08$0.0095.0%27.2%8.1%37.0%0.0%3.5%-32.3%-742.2K-80.00148.880202
2017-04-20$25.10$0.0091.3%26.2%8.1%34.4%0.0%4.1%-28.0%-752.2K-80.00149.050202
2017-04-21$25.13$0.0092.2%26.4%7.6%35.0%0.0%4.0%-27.9%-802.2K-80.00149.120202
2017-04-24$25.31$0.0096.1%27.5%7.8%37.8%0.0%4.1%-29.2%-812.2K-80.00149.440202
2017-04-25$25.37$0.0097.9%28.1%7.8%39.1%0.0%-21.4%-30.3%-732.1K-80.00149.480202
2017-04-26$25.29$0.00100.2%28.7%7.9%40.7%0.0%-34.8%-32.0%-942.2K-70.00149.440202
2017-04-27$25.23$0.00102.6%29.4%7.6%42.4%0.0%5.6%-33.8%-892.2K-70.00147.250202
2017-04-28$25.26$0.00105.0%30.1%7.5%44.1%0.0%5.7%-35.3%-742.2K-70.00147.340202