EMLP Options History — April 2019

In April 2019, EMLP traded between $24.53 and $24.90. ATM implied volatility averaged 104.1%, placing in the 52.3% IV rank vs the trailing year. The 30-day expected move averaged 24.9%. IV traded above realized volatility by 98.1% (HV 20d: 6.0%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2019-04-17: Highest Volume — 1 contracts
  • 2019-04-04: Largest IV spike — 92.5% change
  • 2019-04-09: Highest IV Rank — 84.6%
  • 2019-04-30: Largest Expected Move — 33.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.75$24.53$24.90$24.78$24.76
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV104.1%52.3%162.0%117.9%117.9%
Expected Move24.9%15.0%33.8%20.6%33.8%
HV 20d6.0%5.5%6.5%6.2%6.2%
HV 60d7.2%6.4%9.7%9.7%6.4%
IV Rank52.3%23.5%84.6%60.0%60.0%
IV Percentile42.5%2.8%92.5%63.9%64.7%
Term Structure-31.6%-50.6%-18.1%-47.4%-50.6%
VWIV49.6%12.5%86.7%12.5%86.7%
Skew 25d-2.5%-88.2%92.6%-4.9%-4.0%
Skew 10d40.1%-4.6%149.9%-4.6%149.9%
Call IV 25d64.7%15.0%127.2%19.0%20.4%
Put IV 25d62.2%13.3%130.9%14.1%16.3%
Bid-Ask Spread %139.42113.80154.16154.16124.44
Gamma HHI1.001.001.001.001.00
Net GEX-24-6900-66
Net DEX46301.2K01.2K
Net VEX-1-300-2
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0950100
Total OI0.3810101

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$24.78$0.00117.9%20.6%6.2%60.0%0.0%-4.9%-47.4%0000.00154.160000
2019-04-02$24.81$0.00121.4%20.8%6.2%61.9%0.0%92.6%-50.1%0000.00152.630000
2019-04-03$24.80$0.0067.5%21.0%6.1%31.9%0.0%66.5%-18.1%0000.00115.730000
2019-04-04$24.71$0.00130.0%21.3%6.2%66.7%0.0%-83.2%-18.8%0000.00149.210000
2019-04-05$24.88$0.00134.5%21.5%6.5%69.2%0.0%3.3%-19.0%0000.00153.070000
2019-04-08$24.82$0.00153.5%22.3%5.6%79.8%0.0%3.5%-20.8%0000.00151.960000
2019-04-09$24.74$0.00162.0%22.6%5.6%84.6%0.0%-88.2%-21.7%0000.00151.300000
2019-04-10$24.70$0.0080.0%22.9%5.5%38.9%0.0%-54.7%-22.4%0000.00150.620000
2019-04-11$24.81$0.0081.0%23.2%5.7%39.4%0.0%-41.3%-22.9%0000.00149.050000
2019-04-12$24.90$0.0082.0%23.5%5.8%40.0%0.0%3.6%-23.3%0000.00153.430000
2019-04-15$24.85$0.0085.8%24.6%5.5%42.1%0.0%65.5%-26.0%0000.00148.260000
2019-04-16$24.63$0.0087.5%25.1%6.3%43.1%0.0%3.9%-27.6%0000.00149.930000
2019-04-17$24.60$0.0052.3%15.0%5.7%23.5%12.5%4.4%-28.8%0000.00153.570100
2019-04-18$24.53$25.0090.6%26.0%5.6%44.8%86.7%3.8%-30.1%-351.1K-30.00153.340101
2019-04-22$24.74$25.0097.3%27.9%6.4%48.5%0.0%-3.3%-34.4%-691.2K-30.00113.800001
2019-04-23$24.73$25.0099.3%28.5%6.4%49.6%0.0%-1.8%-36.0%-681.2K-30.00116.040001
2019-04-24$24.74$25.00101.4%29.1%6.4%50.8%0.0%-4.1%-37.5%-641.2K-20.00119.480001
2019-04-25$24.73$25.00103.7%29.7%6.4%52.1%0.0%-4.2%-39.3%-631.2K-20.00119.970001
2019-04-26$24.73$25.00106.1%30.4%6.3%53.4%0.0%-4.0%-41.2%-681.2K-20.00122.370001
2019-04-29$24.69$25.00114.7%32.9%6.2%58.2%0.0%-5.8%-48.3%-661.2K-20.00125.490001
2019-04-30$24.76$25.00117.9%33.8%6.2%60.0%0.0%-4.0%-50.6%-661.2K-20.00124.440001