EMLP Options History — March 2019

In March 2019, EMLP traded between $24.10 and $24.87. ATM implied volatility averaged 108.6%, placing in the 53.9% IV rank vs the trailing year. The 30-day expected move averaged 25.0%. IV traded above realized volatility by 102.0% (HV 20d: 6.6%). Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-03-11: Highest Volume — 10 contracts
  • 2019-03-22: Largest IV spike — 732.6% change
  • 2019-03-08: Highest IV Rank — 96.4%
  • 2019-03-08: Largest Expected Move — 54.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.53$24.10$24.87$24.10$24.73
ATM IV108.6%11.3%189.7%134.5%108.7%
Expected Move25.0%3.2%54.4%38.6%19.9%
HV 20d6.6%6.2%7.1%7.1%6.2%
HV 60d15.0%9.8%18.0%18.0%9.8%
IV Rank53.9%0.6%96.4%66.8%54.9%
IV Percentile42.5%0.4%99.6%77.0%54.4%
Term Structure-31.4%-59.2%0.4%-59.2%-40.5%
Skew 25d-0.3%-75.0%73.5%-2.3%-2.9%
Skew 10d8.9%-66.9%66.8%7.4%-4.2%
Call IV 25d73.0%12.0%118.1%18.5%17.6%
Put IV 25d72.7%12.4%121.5%16.2%14.7%
Bid-Ask Spread %138.40108.83154.04113.64154.04
Gamma HHI1.001.001.001.001.00
Net GEX53404.3K00
Net DEX-578-5.0K000
Net VEX-1-6000
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.47601000
Total OI1.90501000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$24.10$0.00134.5%38.6%7.1%66.8%0.0%-2.3%-59.2%0000.00113.640000
2019-03-04$24.13$0.00151.6%43.5%7.0%76.0%0.0%3.8%-26.3%0000.00108.830000
2019-03-05$24.14$0.00159.0%45.6%7.0%79.9%0.0%3.8%-26.9%0000.00118.080000
2019-03-06$24.12$0.00167.7%48.1%7.0%84.6%0.0%3.4%-27.6%0000.00111.660000
2019-03-07$24.24$0.00177.3%50.8%6.4%89.7%0.0%3.8%-27.9%0000.00115.740000
2019-03-08$24.20$0.00189.7%54.4%6.3%96.4%0.0%3.4%-28.8%0000.00111.530000
2019-03-11$24.46$0.0081.3%14.2%6.8%38.2%0.0%3.7%-30.0%0000.00152.7510000
2019-03-12$24.56$0.0080.4%13.9%6.9%39.1%0.0%3.7%-33.1%3.4K-4.9K-60.00151.7400100
2019-03-13$24.66$0.0081.4%14.0%6.8%39.6%0.0%3.8%-33.7%4.3K-5.0K-50.00151.3800100
2019-03-14$24.62$0.0082.6%14.1%6.9%40.3%0.0%3.3%-34.8%3.6K-2.3K-20.00152.3300100
2019-03-15$24.64$0.0083.8%14.1%6.8%41.0%0.0%3.4%-35.7%0000.00152.3100100
2019-03-18$24.78$0.0087.6%18.1%6.9%43.1%0.0%73.5%-26.0%0000.00153.790000
2019-03-19$24.70$0.0089.3%18.3%6.2%44.0%0.0%-38.0%-27.2%0000.00152.750000
2019-03-20$24.87$0.0090.5%18.4%6.5%44.7%0.0%-75.0%-27.8%0000.00148.380000
2019-03-21$24.77$0.0011.3%3.2%6.6%0.6%0.0%0.4%0.4%0000.00112.540000
2019-03-22$24.70$0.0093.7%18.7%6.5%46.5%0.0%-40.4%-29.6%0000.00152.490000
2019-03-25$24.71$0.0099.3%19.2%6.5%49.6%0.0%-0.7%-33.6%0000.00146.680000
2019-03-26$24.73$0.00101.4%19.4%6.2%50.8%0.0%48.7%-35.0%0000.00145.420000
2019-03-27$24.72$0.00103.7%19.5%6.2%52.1%0.0%-2.6%-36.7%0000.00147.710000
2019-03-28$24.64$0.00106.3%19.8%6.2%53.5%0.0%-3.1%-38.9%0000.00152.670000
2019-03-29$24.73$0.00108.7%19.9%6.2%54.9%0.0%-2.9%-40.5%0000.00154.040000