EMLP Options History — October 2018

In October 2018, EMLP traded between $22.35 and $23.76. ATM implied volatility averaged 114.2%, placing in the 56.3% IV rank vs the trailing year. The 30-day expected move averaged 29.5%. IV traded above realized volatility by 102.0% (HV 20d: 12.2%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2018-10-01: Highest Volume — 1 contracts
  • 2018-10-10: Largest IV drop — 47.2% change
  • 2018-10-09: Highest IV Rank — 80.8%
  • 2018-10-31: Largest Expected Move — 38.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.27$22.35$23.76$23.61$22.67
ATM IV114.2%84.6%160.2%119.8%132.6%
Expected Move29.5%22.4%38.0%34.3%38.0%
HV 20d12.2%10.2%14.5%10.8%14.5%
HV 60d10.9%10.5%11.5%11.0%11.4%
IV Rank56.3%40.6%80.8%59.3%66.1%
IV Percentile59.9%17.9%93.3%71.4%80.2%
Term Structure-35.3%-66.1%-14.1%-46.8%-66.1%
Skew 25d-28.0%-131.4%116.7%116.7%7.6%
Skew 10d-39.5%-127.6%28.2%21.7%-127.6%
Call IV 25d129.2%20.3%178.9%20.3%173.0%
Put IV 25d101.2%15.3%184.8%137.1%180.6%
Bid-Ask Spread %148.03141.58152.89145.05152.69
Gamma HHI1.001.001.001.001.00
Net GEX-555-795-510-545-510
Net DEX15.5K14.1K16.9K15.3K14.1K
Net VEX-67-74-56-74-56
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume11111
Total OI1818181818

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$23.61$0.00119.8%34.3%10.8%59.3%0.0%116.7%-46.8%-54515.3K-740.00145.0501018
2018-10-02$23.72$0.00123.0%35.3%11.0%61.0%0.0%9.3%-48.4%-54415.2K-740.00146.7301018
2018-10-03$23.62$0.00127.0%36.4%10.5%63.1%0.0%-131.4%-52.5%-54315.1K-730.00148.4001018
2018-10-04$23.56$0.00131.3%22.4%10.5%65.4%0.0%-87.1%-14.1%-54215.1K-720.00144.5101018
2018-10-05$23.66$0.00135.7%22.5%10.3%67.7%0.0%-90.0%-20.3%-54515.0K-720.00145.7001018
2018-10-08$23.73$0.00152.8%23.3%10.3%76.9%0.0%3.9%-22.0%-54914.9K-710.00145.6701018
2018-10-09$23.76$0.00160.2%23.6%10.2%80.8%0.0%3.5%-22.6%-54514.8K-700.00152.8801018
2018-10-10$23.54$0.0084.6%24.3%10.5%40.6%0.0%3.1%-19.1%-53714.9K-700.00151.5701018
2018-10-11$23.12$0.0087.6%25.1%12.0%42.2%0.0%3.3%-27.0%-52714.5K-680.00152.8901018
2018-10-12$23.00$0.0090.2%25.9%11.2%43.6%0.0%3.8%-27.1%-57315.9K-690.00152.2301018
2018-10-15$23.20$0.0094.1%27.0%11.8%45.6%0.0%4.3%-26.3%-55515.9K-680.00150.4401018
2018-10-16$23.55$0.0091.4%26.2%13.0%44.2%0.0%3.5%-25.7%-60216.4K-670.00151.6801018
2018-10-17$23.34$0.0095.4%27.4%13.1%46.3%0.0%-51.3%-30.3%-53114.8K-660.00144.7901018
2018-10-18$23.40$0.0096.9%27.8%13.2%47.1%0.0%-51.5%-27.1%-58216.2K-670.00141.7401018
2018-10-19$23.57$0.0096.2%27.6%13.5%46.7%0.0%-75.5%-32.5%-54415.2K-650.00147.0301018
2018-10-22$23.41$0.00104.4%29.9%13.1%51.1%0.0%-43.6%-34.0%-55814.8K-640.00143.5701018
2018-10-23$23.22$0.00107.0%30.7%12.9%52.5%0.0%-52.4%-36.7%-53415.8K-640.00141.5801018
2018-10-24$23.23$0.00109.3%31.3%12.6%53.7%0.0%-119.2%-38.3%-54415.8K-630.00147.3501018
2018-10-25$22.86$0.00112.7%32.3%13.8%55.5%0.0%-118.4%-42.2%-53416.4K-630.00145.0201018
2018-10-26$22.53$0.00116.1%33.3%14.1%57.3%0.0%5.1%-46.1%-52016.9K-620.00149.2301018
2018-10-29$22.35$0.00128.8%36.9%13.9%64.1%0.0%6.9%-52.4%-51016.5K-600.00151.4101018
2018-10-30$22.56$0.00128.9%37.0%14.3%64.1%0.0%5.9%-55.3%-79516.4K-600.00152.4101018
2018-10-31$22.67$0.00132.6%38.0%14.5%66.1%0.0%7.6%-66.1%-51014.1K-560.00152.6901018