EMLP Options History — August 2019

In August 2019, EMLP traded between $24.41 and $25.30. ATM implied volatility averaged 86.2%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 75.8% (HV 20d: 10.5%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-08-07: Highest Volume — 1 contracts
  • 2019-08-14: Largest IV spike — 91.6% change
  • 2019-08-09: Highest IV Rank — 96.5%
  • 2019-08-02: Largest Expected Move — 37.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.82$24.41$25.30$25.05$25.30
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV86.2%42.7%183.4%124.8%60.1%
Expected Move17.1%11.5%37.1%35.8%17.2%
HV 20d10.5%4.9%13.9%4.9%13.9%
HV 60d9.3%8.2%9.9%8.2%9.8%
IV Rank42.3%18.1%96.5%63.9%27.8%
IV Percentile35.1%4.4%98.0%74.6%13.5%
Term Structure26.1%-60.7%59.3%-56.3%55.9%
VWIV11.0%9.8%12.3%9.8%12.3%
Skew 25d-21.9%-102.7%48.3%3.5%5.7%
Skew 10d2.4%-107.5%158.3%78.2%21.0%
Call IV 25d98.7%20.9%134.0%20.9%134.0%
Put IV 25d76.7%16.5%139.7%24.4%139.7%
Bid-Ask Spread %148.96126.85155.56128.94153.41
Gamma HHI0.980.921.001.001.00
Net GEX43365350
Net DEX-8.5K-9.0K-7.3K-7.5K-9.0K
Net VEX-2-400-2
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0910100
Total OI3.7733434

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$25.05$0.00124.8%35.8%4.9%63.9%0.0%3.5%-56.3%3-7.5K00.00128.940030
2019-08-02$24.95$0.00129.5%37.1%5.0%66.4%0.0%48.3%-60.7%3-7.5K00.00126.850030
2019-08-05$24.48$0.00150.3%21.1%8.1%78.1%0.0%25.9%-27.8%4-7.3K00.00154.630030
2019-08-06$24.55$0.00154.2%11.9%8.2%80.2%0.0%4.4%31.4%3-7.3K00.00154.680030
2019-08-07$24.56$0.00162.5%11.5%7.2%84.8%9.8%4.5%35.2%3-7.3K00.00154.851030
2019-08-08$24.82$25.00171.6%12.2%8.4%89.9%0.0%4.0%31.9%48-8.8K-40.00153.960040
2019-08-09$24.81$25.00183.4%11.8%8.4%96.5%0.0%4.1%35.7%49-8.8K-30.00155.530040
2019-08-12$24.62$25.0042.7%12.3%8.7%18.1%0.0%4.3%35.5%48-8.7K-30.00153.510040
2019-08-13$24.79$25.0042.9%12.3%9.2%18.2%0.0%-69.3%15.5%51-8.7K-30.00154.670040
2019-08-14$24.41$25.0082.2%23.6%10.4%40.1%0.0%4.6%-34.7%47-8.5K-30.00154.130040
2019-08-15$24.49$25.0083.1%23.8%10.6%40.6%0.0%4.6%-35.2%48-8.6K-30.00155.020040
2019-08-16$24.73$25.0044.7%12.8%11.4%19.2%0.0%4.5%36.7%49-8.7K-30.00155.560040
2019-08-19$24.99$25.0047.0%13.5%12.2%20.5%0.0%-89.1%55.2%58-8.8K-30.00152.570040
2019-08-20$24.94$25.0047.8%13.7%12.2%20.9%0.0%-88.9%55.6%65-8.8K-30.00139.680040
2019-08-21$25.06$25.0048.5%13.9%12.3%21.3%0.0%5.0%56.2%55-8.9K-30.00148.890040
2019-08-22$24.98$25.0049.4%14.2%12.2%21.8%0.0%-62.0%56.5%61-8.8K-30.00147.610040
2019-08-23$24.64$25.0050.4%14.5%13.0%22.4%0.0%-74.1%56.6%64-8.6K-30.00147.540040
2019-08-26$24.68$25.0053.3%15.3%13.0%24.0%0.0%-102.7%57.9%60-8.7K-30.00142.750040
2019-08-27$24.80$25.0054.4%15.6%13.2%24.6%0.0%-90.0%58.4%65-8.7K-30.00143.640040
2019-08-28$25.06$25.0055.4%15.9%13.7%25.1%0.0%-35.4%59.3%58-8.9K-30.00148.890040
2019-08-29$25.24$25.0058.9%16.9%13.9%27.1%12.3%5.6%55.3%50-9.0K-20.00149.871040
2019-08-30$25.30$25.0060.1%17.2%13.9%27.8%0.0%5.7%55.9%50-9.0K-20.00153.410040