EMLP Options History — August 2017

In August 2017, EMLP traded between $24.26 and $25.45. ATM implied volatility averaged 84.4%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 76.9% (HV 20d: 7.6%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2017-08-01: Highest Volume — 1 contracts
2017-08-16: Largest IV spike — 81.0% change
2017-08-08: Highest IV Rank — 83.7%
2017-08-02: Largest Expected Move — 34.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.74	$24.26	$25.45	$25.45	$24.99
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	84.4%	46.1%	155.4%	116.1%	70.8%
Expected Move	20.7%	13.2%	34.7%	33.3%	20.3%
HV 20d	7.6%	6.6%	9.0%	8.2%	9.0%
HV 60d	9.3%	8.9%	9.6%	9.6%	9.4%
IV Rank	45.0%	24.1%	83.7%	62.2%	37.6%
IV Percentile	32.2%	0.8%	95.2%	71.8%	11.5%
Term Structure	-8.5%	-50.4%	49.2%	-42.5%	-2.2%
VWIV	45.4%	8.1%	102.4%	69.8%	20.5%
Skew 25d	-14.3%	-82.3%	38.5%	5.0%	38.5%
Skew 10d	-17.3%	-153.2%	32.4%	19.7%	-1.4%
Call IV 25d	85.4%	16.1%	165.7%	147.5%	16.1%
Put IV 25d	71.1%	0.6%	167.4%	152.5%	54.6%
Bid-Ask Spread %	147.73	144.86	150.09	146.60	147.06
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	106	35	326	36	296
Net DEX	-1.1K	-1.5K	-224	-1.5K	-1.1K
Net VEX	-2	-3	-1	-3	-2
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	1	1	1	1	1
Total OI	1	1	1	1	1

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Call OI
2017-08-01	$25.45	$0.00	116.1%	33.3%	8.2%	62.2%	0.0%	5.0%	-42.5%	36	-1.5K	-3	146.60	1	1
2017-08-02	$25.43	$0.00	121.2%	34.7%	6.8%	65.0%	0.0%	1.7%	-50.4%	36	-1.5K	-3	148.09	1	1
2017-08-03	$25.26	$25.00	124.2%	21.8%	7.4%	66.6%	69.8%	2.3%	-23.7%	36	-1.5K	-3	147.48	1	1
2017-08-04	$25.19	$25.00	131.7%	22.2%	7.4%	70.7%	71.1%	2.3%	-17.4%	36	-1.5K	-3	147.06	1	1
2017-08-07	$25.13	$25.00	149.8%	22.7%	7.4%	80.6%	78.1%	2.9%	-25.4%	39	-1.4K	-3	148.42	1	1
2017-08-08	$24.81	$25.00	155.4%	13.9%	8.9%	83.7%	31.8%	-26.3%	16.1%	144	-900	-3	146.71	1	1
2017-08-09	$24.74	$25.00	46.1%	13.2%	8.0%	24.1%	29.0%	5.2%	18.9%	326	-224	-1	144.86	1	1
2017-08-10	$24.62	$25.00	48.9%	14.0%	8.1%	25.6%	23.7%	-8.1%	24.6%	169	-785	-3	146.75	1	1
2017-08-11	$24.54	$25.00	82.5%	23.6%	6.8%	43.9%	86.2%	3.4%	-38.0%	39	-1.3K	-3	150.09	1	1
2017-08-14	$24.56	$25.00	50.7%	14.5%	6.8%	26.6%	26.0%	-17.3%	27.1%	143	-756	-2	149.10	1	1
2017-08-15	$24.46	$25.00	51.6%	14.8%	6.8%	27.1%	28.9%	-45.1%	-46.2%	122	-789	-2	147.94	1	1
2017-08-16	$24.43	$25.00	93.3%	26.8%	6.6%	49.8%	96.9%	2.4%	-38.6%	35	-1.3K	-3	149.94	1	1
2017-08-17	$24.28	$25.00	94.5%	27.1%	6.6%	50.5%	100.2%	2.8%	-46.1%	36	-1.2K	-3	149.87	1	1
2017-08-18	$24.37	$25.00	95.8%	27.5%	6.8%	51.2%	102.4%	2.0%	-48.5%	37	-1.2K	-3	149.37	1	1
2017-08-21	$24.26	$25.00	59.3%	17.0%	6.9%	31.3%	8.1%	-82.3%	-28.8%	144	-1.1K	-3	147.34	1	1
2017-08-22	$24.45	$25.00	61.5%	17.6%	7.6%	32.5%	8.2%	1.1%	-30.9%	132	-1.1K	-2	145.90	1	1
2017-08-23	$24.66	$25.00	62.4%	17.9%	8.3%	33.0%	32.4%	0.8%	38.3%	38	-1.2K	-2	148.09	1	1
2017-08-24	$24.65	$25.00	58.7%	16.8%	8.3%	30.9%	23.2%	-17.1%	49.2%	188	-741	-2	147.29	1	1
2017-08-25	$24.70	$25.00	62.8%	18.0%	8.3%	33.2%	30.6%	-20.5%	41.8%	159	-838	-2	147.48	1	1
2017-08-28	$24.63	$25.00	73.7%	21.1%	7.7%	39.1%	55.1%	-27.8%	19.7%	107	-861	-2	147.18	1	1
2017-08-29	$24.63	$25.00	64.6%	18.5%	7.7%	34.2%	15.5%	-75.6%	6.1%	71	-1.2K	-2	147.22	1	1
2017-08-30	$24.68	$25.00	66.6%	19.1%	7.8%	35.3%	15.5%	-78.5%	2.1%	71	-1.2K	-2	147.94	1	1
2017-08-31	$24.99	$25.00	70.8%	20.3%	9.0%	37.6%	20.5%	38.5%	-2.2%	296	-1.1K	-2	147.06	1	1