EMLP Options History — November 2018

In November 2018, EMLP traded between $22.63 and $23.40. ATM implied volatility averaged 119.8%, placing in the 59.3% IV rank vs the trailing year. The 30-day expected move averaged 27.9%. IV traded above realized volatility by 105.7% (HV 20d: 14.1%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2018-11-01: Highest Volume — 1 contracts
  • 2018-11-12: Largest IV drop — 55.9% change
  • 2018-11-09: Highest IV Rank — 96.2%
  • 2018-11-02: Largest Expected Move — 40.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.15$22.63$23.40$22.78$23.34
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV119.8%83.5%189.3%136.7%113.8%
Expected Move27.9%22.4%40.7%39.2%32.6%
HV 20d14.1%12.2%16.4%14.7%12.2%
HV 60d12.1%11.4%12.6%11.4%12.5%
IV Rank59.3%40.0%96.2%68.3%56.1%
IV Percentile57.0%13.9%98.8%83.3%65.1%
Term Structure-36.7%-69.7%-20.3%-62.1%-38.6%
VWIV32.1%11.4%122.5%13.4%12.4%
Skew 25d-7.7%-84.0%7.9%7.9%-75.7%
Skew 10d24.3%19.6%30.9%23.7%24.1%
Call IV 25d125.1%102.3%189.4%177.1%142.1%
Put IV 25d117.5%18.3%191.6%185.0%66.4%
Bid-Ask Spread %152.61150.37154.52152.14150.71
Gamma HHI1.001.001.001.001.00
Net GEX-637-810-542-565-810
Net DEX15.9K15.1K16.6K16.6K15.1K
Net VEX-49-59-38-59-38
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume11111
Total OI1818181818

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-11-01$22.78$0.00136.7%39.2%14.7%68.3%0.0%7.9%-62.1%-56516.6K-590.00152.1401018
2018-11-02$22.63$0.00141.9%40.7%14.6%71.0%0.0%2.2%-69.7%-55015.3K-570.00151.5201018
2018-11-05$23.02$22.00160.6%23.2%16.1%81.0%13.4%3.4%-28.9%-55716.2K-560.00151.0401018
2018-11-06$23.09$22.00166.3%22.4%16.1%84.0%13.2%3.8%-32.5%-62816.0K-560.00153.8701018
2018-11-07$23.35$22.00174.0%22.5%16.4%88.1%12.8%-12.6%-32.1%-63515.5K-560.00153.8001018
2018-11-08$23.28$22.00184.9%22.8%15.1%93.9%11.7%-9.8%-33.1%-64615.6K-550.00152.7001018
2018-11-09$23.38$22.00189.3%24.0%15.0%96.2%11.4%4.0%-36.5%-56616.1K-540.00151.7401018
2018-11-12$23.33$22.0083.5%23.9%14.8%40.0%13.5%-7.0%-36.1%-62615.6K-520.00152.9401018
2018-11-13$23.13$22.0085.0%24.4%14.0%40.8%13.5%4.8%-37.9%-63016.0K-510.00153.1401018
2018-11-14$23.10$22.0086.2%24.7%13.7%41.4%96.3%4.2%-39.0%-54216.1K-510.00154.3101018
2018-11-15$23.17$22.0087.2%25.0%13.7%42.0%98.1%4.2%-39.7%-54315.9K-500.00154.1101018
2018-11-16$23.34$22.0090.8%26.0%13.7%43.9%99.8%4.9%-44.8%-56816.0K-490.00152.4501018
2018-11-19$23.40$22.0092.0%26.4%13.5%44.5%13.0%5.3%-20.3%-64415.4K-470.00151.5901018
2018-11-20$23.11$22.0094.1%27.0%14.0%45.6%13.7%5.5%-24.5%-65616.0K-460.00153.9701018
2018-11-21$23.27$22.0095.4%27.3%14.2%46.3%13.8%5.1%-26.5%-61115.7K-460.00154.4101018
2018-11-23$22.92$22.0099.3%28.5%14.1%48.4%13.1%5.9%-29.8%-70016.4K-440.00154.5201018
2018-11-26$23.05$22.00104.9%30.1%13.1%51.4%13.6%-84.0%-32.5%-80016.0K-420.00150.8101018
2018-11-27$23.09$22.00107.0%30.7%12.6%52.5%12.9%-12.9%-34.6%-80315.8K-410.00152.3701018
2018-11-28$23.17$22.00109.1%31.3%12.3%53.6%122.5%-25.5%-35.8%-72315.8K-400.00152.3701018
2018-11-29$23.28$22.00113.6%32.6%12.3%56.0%11.5%5.5%-36.6%-57215.9K-390.00150.3701018
2018-11-30$23.34$22.00113.8%32.6%12.2%56.1%12.4%-75.7%-38.6%-81015.1K-380.00150.7101018