EMLP Options History — September 2019

In September 2019, EMLP traded between $25.39 and $25.94. ATM implied volatility averaged 74.4%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 21.2%. IV traded above realized volatility by 65.4% (HV 20d: 9.0%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-09-16: Highest Volume — 3 contracts
  • 2019-09-27: Largest IV spike — 753.3% change
  • 2019-09-30: Highest IV Rank — 55.7%
  • 2019-09-30: Largest Expected Move — 31.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.60$25.39$25.94$25.44$25.62
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV74.4%11.0%110.3%66.4%110.3%
Expected Move21.2%3.1%31.6%19.0%31.6%
HV 20d9.0%5.6%11.9%11.8%6.3%
HV 60d9.5%9.2%9.8%9.8%9.2%
IV Rank35.7%0.4%55.7%31.3%55.7%
IV Percentile29.0%0.8%67.5%16.3%67.5%
Term Structure-15.4%-43.0%58.4%58.4%-43.0%
Skew 25d-14.2%-102.9%6.3%6.2%-73.6%
Skew 10d-4.6%-123.1%26.3%22.6%-15.9%
Call IV 25d107.4%9.2%151.0%146.0%147.0%
Put IV 25d93.1%11.8%157.3%152.2%73.3%
Bid-Ask Spread %146.66111.78153.96148.84148.12
Gamma HHI0.990.941.001.001.00
Net GEX14408855419
Net DEX-9.6K-16.8K-7.6K-9.1K-7.6K
Net VEX-1-50-2-1
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.150300
Total OI43743

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-09-03$25.44$25.0066.4%19.0%11.8%31.3%0.0%6.2%58.4%54-9.1K-20.00148.840040
2019-09-04$25.54$25.0064.6%18.5%11.8%30.3%0.0%6.3%57.8%52-9.2K-20.00153.960040
2019-09-05$25.47$0.0070.6%21.0%11.9%33.6%0.0%2.6%-25.0%59-9.1K-20.00151.320040
2019-09-06$25.39$0.0073.4%21.3%11.6%35.2%0.0%2.6%-25.9%57-9.1K-20.00150.920040
2019-09-09$25.41$0.0082.7%22.1%11.6%40.3%0.0%2.8%-27.9%63-9.1K-20.00152.490040
2019-09-10$25.39$0.0086.8%22.4%11.1%42.6%0.0%2.8%-28.8%68-9.1K-20.00152.630040
2019-09-11$25.51$0.0011.0%3.1%11.0%0.4%0.0%2.6%2.9%294-9.7K-10.00111.780040
2019-09-12$25.44$0.0077.6%22.2%9.2%37.5%0.0%2.9%-27.3%159-9.2K-10.00151.080040
2019-09-13$25.46$0.0075.3%21.6%9.2%36.3%0.0%3.0%-28.8%75-9.1K-10.00151.320040
2019-09-16$25.61$0.0028.5%8.2%8.9%10.2%0.0%-0.5%4.0%118-9.3K-10.00151.693040
2019-09-17$25.71$0.0078.9%22.6%8.3%38.3%0.0%3.6%-34.5%885-16.0K-50.00150.580070
2019-09-18$25.81$0.0085.4%24.5%8.3%41.9%0.0%3.3%-37.5%762-16.8K-20.00153.030070
2019-09-19$25.79$0.0086.9%24.9%8.2%42.7%0.0%3.4%-38.8%175-10.1K00.00153.920040
2019-09-20$25.88$0.0088.3%25.3%8.1%43.5%0.0%3.3%-39.7%4-10.4K00.00152.840040
2019-09-23$25.94$0.0093.4%26.8%5.6%46.3%0.0%-102.9%-30.1%2-7.8K00.00137.380030
2019-09-24$25.87$0.0095.4%27.4%5.9%47.4%0.0%-4.7%-31.7%3-7.8K00.00137.220030
2019-09-25$25.59$0.0097.6%28.0%7.5%48.7%0.0%-85.1%-33.5%19-7.6K-10.00148.790030
2019-09-26$25.60$0.0012.0%3.4%6.7%1.0%0.0%-0.2%58.3%0-7.7K00.00130.580030
2019-09-27$25.56$0.00102.2%29.3%6.3%51.3%0.0%-63.0%-37.0%19-7.6K-10.00144.750030
2019-09-30$25.62$0.00110.3%31.6%6.3%55.7%0.0%-73.6%-43.0%19-7.6K-10.00148.120030