EMLP Options History — December 2018

In December 2018, EMLP traded between $20.57 and $23.63. ATM implied volatility averaged 118.2%, placing in the 56.6% IV rank vs the trailing year. The 30-day expected move averaged 30.1%. IV traded above realized volatility by 101.6% (HV 20d: 16.6%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2018-12-12: Largest IV drop — 47.8% change
  • 2018-12-11: Highest IV Rank — 83.8%
  • 2018-12-31: Largest Expected Move — 38.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.37$20.57$23.63$23.63$21.40
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV118.2%86.6%165.9%119.3%134.9%
Expected Move30.1%23.0%38.7%34.2%38.7%
HV 20d16.6%11.3%25.9%12.5%25.9%
HV 60d14.7%12.7%18.6%12.7%18.6%
IV Rank56.6%38.2%83.8%59.0%65.4%
IV Percentile60.9%18.7%94.4%67.9%80.2%
Term Structure-39.3%-50.6%-27.4%-47.1%-48.6%
Skew 25d1.8%-129.3%96.8%-2.8%6.6%
Skew 10d14.4%-101.0%118.6%-1.0%18.5%
Call IV 25d116.5%21.0%183.1%21.0%183.1%
Put IV 25d118.3%18.2%189.7%18.2%189.7%
Bid-Ask Spread %147.80115.27155.70115.27153.32
Gamma HHI1.001.001.001.001.00
Net GEX-1.7K-8.6K0-9380
Net DEX14.5K038.8K13.6K0
Net VEX-16-340-340
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI13.5018180

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$23.63$22.00119.3%34.2%12.5%59.0%0.0%-2.8%-47.1%-93813.6K-340.00115.2700018
2018-12-04$23.42$22.00126.1%36.1%11.7%62.6%0.0%-3.3%-47.3%-89514.6K-330.00118.1500018
2018-12-05$23.39$22.00130.3%37.3%11.7%64.8%0.0%4.0%-50.6%-62515.5K-330.00119.4300018
2018-12-06$23.24$0.00135.0%23.0%11.3%67.4%0.0%4.2%-27.4%-1.0K14.7K-320.00152.3700018
2018-12-07$23.34$0.00138.5%23.2%11.3%69.2%0.0%3.9%-27.6%-66715.6K-310.00153.5000018
2018-12-10$23.07$0.00158.3%24.2%12.0%79.7%0.0%4.4%-31.0%-99215.5K-270.00152.7200018
2018-12-11$23.10$0.00165.9%24.5%12.0%83.8%0.0%3.8%-31.7%-1.0K15.3K-260.00149.5300018
2018-12-12$23.21$0.0086.6%24.8%11.7%38.2%0.0%-2.1%-32.2%-1.1K14.7K-240.00147.3100018
2018-12-13$23.35$0.0087.5%25.1%11.9%38.7%0.0%9.6%-32.5%-68915.5K-230.00153.2400018
2018-12-14$23.11$0.0089.3%25.6%12.4%39.7%0.0%96.8%-34.4%-1.2K14.8K-220.00154.1900018
2018-12-17$22.37$0.0097.2%27.9%16.6%44.2%0.0%4.9%-38.2%-5.5K16.0K-160.00152.6300018
2018-12-18$21.84$0.0099.5%28.5%18.2%45.5%0.0%4.4%-41.0%-7.0K24.6K-140.00154.6600018
2018-12-19$21.89$0.00101.0%29.0%18.0%46.3%0.0%4.5%-42.0%-8.6K23.9K-110.00154.7000018
2018-12-20$21.62$0.00103.3%29.6%17.9%47.6%0.0%4.8%-44.8%-3.8K37.0K-20.00155.0400018
2018-12-21$21.54$0.00105.3%30.2%17.4%48.7%0.0%5.0%-46.8%038.8K00.00154.9400018
2018-12-24$20.57$0.00116.6%33.4%22.8%55.1%0.0%-129.3%-38.1%0000.00152.990000
2018-12-26$21.13$0.00120.3%34.5%25.5%57.2%0.0%5.5%-39.1%0000.00151.880000
2018-12-27$21.03$0.00123.4%35.4%25.3%58.9%0.0%5.8%-41.5%0000.00154.450000
2018-12-28$21.14$0.00125.9%36.1%25.3%60.3%0.0%5.9%-43.0%0000.00155.700000
2018-12-31$21.40$0.00134.9%38.7%25.9%65.4%0.0%6.6%-48.6%0000.00153.320000