EMLP Options History — July 2019

In July 2019, EMLP traded between $25.03 and $25.80. ATM implied volatility averaged 82.7%, placing in the 40.4% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 74.9% (HV 20d: 7.8%). Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 3 of 22 days.

Notable Days

  • 2019-07-09: Largest IV spike — 1030.1% change
  • 2019-07-09: Highest IV Rank — 76.9%
  • 2019-07-31: Largest Expected Move — 34.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.44$25.03$25.80$25.12$25.05
ATM IV82.7%10.8%148.2%113.8%120.9%
Expected Move22.9%3.1%34.7%32.6%34.7%
HV 20d7.8%6.1%9.0%9.0%6.2%
HV 60d8.6%8.2%8.8%8.6%8.2%
IV Rank40.4%0.3%76.9%57.7%61.6%
IV Percentile35.8%0.4%87.3%65.1%72.2%
Term Structure-27.4%-53.1%3.3%-42.2%-53.1%
Skew 25d19.6%-6.9%133.8%119.0%133.8%
Skew 10d36.3%-7.2%146.4%143.5%50.5%
Call IV 25d56.6%9.0%124.6%19.5%22.5%
Put IV 25d76.1%10.9%156.3%138.5%156.3%
Bid-Ask Spread %128.8553.14151.83132.87132.24
Gamma HHI1.001.001.001.001.00
Net GEX30773
Net DEX-7.6K-7.7K-7.5K-7.5K-7.5K
Net VEX-0-10-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$25.12$0.00113.8%32.6%9.0%57.7%0.0%119.0%-42.2%7-7.5K-10.00132.870030
2019-07-02$25.26$0.00116.7%33.4%8.7%59.3%0.0%-4.9%-43.9%6-7.5K-10.00127.800030
2019-07-03$25.51$0.0011.3%3.2%9.0%0.6%0.0%3.5%3.3%0-7.7K00.00115.410030
2019-07-05$25.49$0.0065.0%21.2%8.6%30.5%0.0%3.2%-18.5%6-7.6K-10.00151.060030
2019-07-08$25.47$0.0013.1%3.4%8.7%1.6%0.0%1.0%1.7%0-7.6K00.0098.250030
2019-07-09$25.52$0.00148.2%21.8%8.5%76.9%0.0%3.2%-22.3%5-7.6K-10.00150.400030
2019-07-10$25.74$0.0076.8%22.0%8.8%37.1%0.0%3.2%-22.4%5-7.7K00.00150.620030
2019-07-11$25.80$0.0077.8%22.3%8.8%37.6%0.0%3.3%-23.0%4-7.7K00.00151.830030
2019-07-12$25.73$0.0010.8%3.1%8.7%0.3%0.0%-0.4%1.2%0-7.7K00.00112.080030
2019-07-15$25.72$0.0082.6%23.7%8.0%40.3%0.0%3.8%-26.4%3-7.7K00.00150.340030
2019-07-16$25.63$0.0084.1%24.1%8.2%41.1%0.0%3.5%-27.6%3-7.7K00.00149.670030
2019-07-17$25.62$0.0085.5%24.5%8.2%41.9%0.0%3.6%-28.6%3-7.7K00.00149.710030
2019-07-18$25.57$0.0087.0%24.9%7.9%42.8%0.0%3.4%-29.8%3-7.7K00.00151.190030
2019-07-19$25.55$0.0088.6%25.4%7.8%43.6%0.0%3.4%-31.0%3-7.6K00.00148.290030
2019-07-22$25.57$0.0093.7%26.9%7.5%46.5%0.0%58.8%-34.8%3-7.7K00.00114.300030
2019-07-23$25.48$0.0097.7%28.0%7.4%48.7%0.0%7.8%-33.8%3-7.6K00.00131.380030
2019-07-24$25.39$0.00100.0%28.7%6.1%50.0%0.0%-6.9%-35.7%3-7.6K00.00120.290030
2019-07-25$25.23$0.00102.6%29.4%6.6%51.5%0.0%102.2%-38.1%3-7.5K00.00126.500030
2019-07-26$25.15$0.0012.4%3.6%6.7%1.2%0.0%-1.9%-0.4%0-7.5K00.0053.140030
2019-07-29$25.11$0.00113.8%32.6%6.5%57.7%0.0%-6.7%-47.1%3-7.5K00.00108.970030
2019-07-30$25.03$0.00117.3%33.6%6.6%59.7%0.0%-5.2%-50.2%3-7.5K00.00108.350030
2019-07-31$25.05$0.00120.9%34.7%6.2%61.6%0.0%133.8%-53.1%3-7.5K00.00132.240030