EMLP Options History — June 2017

In June 2017, EMLP traded between $24.10 and $25.07. ATM implied volatility averaged 80.5%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 21.2%. IV traded above realized volatility by 71.0% (HV 20d: 9.5%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.09.

Notable Days

2017-06-01: Highest Volume — 3 contracts
2017-06-14: Largest IV spike — 4184.0% change
2017-06-09: Highest IV Rank — 100.0%
2017-06-30: Largest Expected Move — 30.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.69	$24.10	$25.07	$25.07	$24.60
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	80.5%	1.9%	185.4%	67.3%	106.3%
Expected Move	21.2%	14.1%	30.5%	19.3%	30.5%
HV 20d	9.5%	7.8%	13.2%	13.2%	10.8%
HV 60d	10.1%	9.4%	10.9%	10.9%	10.4%
IV Rank	38.0%	0.0%	100.0%	17.2%	56.9%
IV Percentile	23.7%	0.0%	100.0%	2.4%	67.5%
Term Structure	-16.9%	-57.5%	65.5%	-55.8%	-38.3%
VWIV	11.1%	9.5%	12.6%	9.5%	12.6%
Skew 25d	-1.0%	-54.0%	72.4%	6.2%	0.4%
Skew 10d	12.4%	-95.9%	26.0%	21.1%	12.4%
Call IV 25d	101.4%	12.0%	169.7%	169.7%	12.0%
Put IV 25d	100.4%	12.4%	175.9%	175.9%	12.4%
Bid-Ask Spread %	149.26	145.76	152.70	151.73	147.80
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	-142	-937	41	-32	41
Net DEX	300	-1.3K	3.6K	1.0K	-1.3K
Net VEX	-6	-9	-5	-9	-5
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.09	0.00	2.00	2.00	0.00
Total Volume	2.091	1	3	3	1
Total OI	2.091	1	3	3	1

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2017-06-01	$25.07	$25.00	67.3%	19.3%	13.2%	17.2%	9.5%	6.2%	-55.8%	-32	1.0K	-9	2.00	151.73	1	2	1	2
2017-06-02	$25.01	$25.00	72.9%	20.9%	11.2%	21.2%	12.6%	7.3%	-57.5%	-105	932	-9	2.00	145.76	1	2	1	2
2017-06-05	$24.98	$0.00	78.0%	20.5%	9.6%	24.9%	0.0%	5.2%	-24.1%	-92	1.0K	-9	2.00	152.70	1	2	1	2
2017-06-06	$25.02	$0.00	83.9%	21.6%	9.6%	29.0%	0.0%	4.0%	-32.6%	-109	939	-8	2.00	150.80	1	2	1	2
2017-06-07	$24.82	$0.00	59.7%	22.0%	8.8%	11.8%	0.0%	4.3%	-47.7%	-84	998	-8	2.00	148.15	1	2	1	2
2017-06-08	$24.75	$0.00	171.8%	22.0%	8.4%	91.8%	0.0%	4.0%	-22.2%	-70	1.1K	-8	2.00	148.32	1	2	1	2
2017-06-09	$24.86	$0.00	185.4%	22.1%	8.1%	100.0%	0.0%	4.2%	-25.3%	-43	1.0K	-8	2.00	149.36	1	2	1	2
2017-06-12	$24.86	$0.00	77.8%	22.3%	8.0%	24.4%	0.0%	4.4%	-27.5%	-733	1.6K	-7	2.00	152.39	1	2	1	2
2017-06-13	$24.97	$0.00	1.9%	17.1%	7.8%	0.0%	0.0%	3.6%	-31.9%	-872	1.2K	-7	2.00	150.45	1	2	1	2
2017-06-14	$24.73	$0.00	80.1%	23.0%	8.4%	42.6%	0.0%	5.0%	-27.1%	-937	2.4K	-6	2.00	151.34	1	2	1	2
2017-06-15	$24.57	$0.00	83.4%	23.9%	8.5%	44.4%	0.0%	3.4%	-27.6%	-428	3.5K	-5	2.00	149.59	1	2	1	2
2017-06-16	$24.82	$0.00	82.3%	23.6%	9.3%	43.8%	0.0%	4.0%	-32.6%	35	3.6K	-5	2.00	150.14	1	2	1	2
2017-06-19	$24.66	$0.00	58.4%	16.7%	8.8%	30.8%	0.0%	2.1%	12.4%	34	-1.3K	-5	0.00	146.65	1	0	1	0
2017-06-20	$24.43	$0.00	54.3%	15.6%	8.5%	28.6%	0.0%	-50.5%	-19.0%	34	-1.2K	-5	0.00	146.73	1	0	1	0
2017-06-21	$24.24	$0.00	49.3%	14.1%	8.6%	25.8%	0.0%	5.3%	-25.1%	40	-1.2K	-5	0.00	152.08	1	0	1	0
2017-06-22	$24.10	$0.00	97.3%	27.9%	8.6%	52.0%	0.0%	4.2%	-24.5%	35	-1.2K	-5	0.00	148.05	1	0	1	0
2017-06-23	$24.36	$0.00	96.6%	27.7%	9.8%	51.6%	0.0%	3.5%	-24.5%	34	-1.2K	-5	0.00	148.05	1	0	1	0
2017-06-26	$24.62	$0.00	52.6%	15.1%	10.7%	27.6%	0.0%	-50.7%	65.5%	35	-1.3K	-5	0.00	147.81	1	0	1	0
2017-06-27	$24.49	$0.00	101.8%	29.2%	10.6%	54.4%	0.0%	72.4%	-31.8%	34	-1.3K	-5	0.00	146.60	1	0	1	0
2017-06-28	$24.62	$0.00	54.5%	15.6%	10.8%	28.7%	0.0%	-10.8%	65.4%	34	-1.3K	-5	0.00	147.80	1	0	1	0
2017-06-29	$24.52	$0.00	55.2%	15.8%	10.7%	29.1%	0.0%	-54.0%	60.8%	34	-1.3K	-5	0.00	151.38	1	0	1	0
2017-06-30	$24.60	$0.00	106.3%	30.5%	10.8%	56.9%	0.0%	0.4%	-38.3%	41	-1.3K	-5	0.00	147.80	1	0	1	0