EMLP Options History — October 2019

In October 2019, EMLP traded between $24.78 and $25.45. ATM implied volatility averaged 95.3%, placing in the 47.4% IV rank vs the trailing year. The 30-day expected move averaged 24.2%. IV traded above realized volatility by 87.1% (HV 20d: 8.2%). Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 2 of 23 days.

Notable Days

  • 2019-10-29: Largest IV spike — 931.6% change
  • 2019-10-08: Highest IV Rank — 79.6%
  • 2019-10-30: Largest Expected Move — 34.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.01$24.78$25.45$25.45$24.82
ATM IV95.3%10.7%153.1%116.1%98.6%
Expected Move24.2%3.1%34.7%33.3%28.3%
HV 20d8.2%6.6%9.0%6.6%7.2%
HV 60d9.7%9.3%10.1%9.3%9.3%
IV Rank47.4%0.2%79.6%59.0%49.2%
IV Percentile51.0%0.4%90.5%71.4%56.0%
Term Structure-26.3%-83.7%50.6%-42.8%-31.3%
Skew 25d-6.9%-134.2%69.5%-127.5%-16.8%
Skew 10d-11.4%-160.7%25.3%-133.8%-160.7%
Call IV 25d114.0%13.1%165.7%148.4%165.7%
Put IV 25d107.2%11.0%168.4%20.9%148.9%
Bid-Ask Spread %144.05101.96151.82144.46141.87
Gamma HHI1.001.001.001.001.00
Net GEX15022190
Net DEX-7.4K-7.5K-7.3K-7.5K-7.4K
Net VEX-1-20-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$25.45$0.00116.1%33.3%6.6%59.0%0.0%-127.5%-42.8%19-7.5K-10.00144.460030
2019-10-02$25.12$0.00120.6%34.6%7.9%61.5%0.0%-134.2%-47.5%21-7.4K-20.00139.940030
2019-10-03$25.14$0.00124.6%21.1%7.9%63.7%0.0%2.9%-17.3%21-7.4K-10.00150.800030
2019-10-04$25.31$0.00128.4%21.3%8.2%65.8%0.0%2.9%-17.4%20-7.5K-10.00149.910030
2019-10-07$25.21$0.00145.2%22.1%8.3%75.2%0.0%3.0%-19.2%20-7.5K-10.00151.190030
2019-10-08$24.96$0.00153.1%22.5%9.0%79.6%0.0%3.2%-20.5%22-7.3K-10.00151.660030
2019-10-09$24.97$0.0079.6%22.8%8.8%38.6%0.0%3.1%-21.1%22-7.3K-10.00150.180030
2019-10-10$24.97$0.0080.7%23.1%8.7%39.3%0.0%3.1%-21.8%21-7.3K-10.00150.800030
2019-10-11$25.05$0.0081.7%23.4%8.8%39.8%0.0%3.2%-22.3%21-7.4K-10.00150.800030
2019-10-14$24.87$0.0085.7%24.6%8.8%42.1%0.0%3.3%-25.3%22-7.3K-10.00150.270030
2019-10-15$24.88$0.0048.7%14.0%8.6%21.4%0.0%4.5%50.6%0-7.5K00.00150.800030
2019-10-16$24.80$0.0088.6%25.4%8.3%43.7%0.0%3.5%-27.5%21-7.3K-10.00151.010030
2019-10-17$24.87$0.0090.0%25.8%8.5%44.5%0.0%3.5%-28.3%20-7.4K-10.00151.820030
2019-10-18$25.01$0.0091.4%26.2%8.7%45.2%0.0%3.5%-28.9%19-7.4K-10.00151.590030
2019-10-21$25.02$0.0096.7%27.7%8.6%48.2%0.0%3.7%-32.6%19-7.4K-10.00151.620030
2019-10-22$25.06$0.0098.6%28.3%8.7%49.2%0.0%69.5%-83.7%0-7.5K00.00119.680030
2019-10-23$25.05$0.0012.9%3.7%7.9%1.5%0.0%-3.0%-0.1%0-7.5K00.00117.400030
2019-10-24$25.09$0.00102.9%29.5%8.0%51.6%0.0%4.6%-37.0%13-7.5K00.00145.570030
2019-10-25$25.06$0.00105.4%30.2%8.0%53.0%0.0%-5.0%-38.9%14-7.5K00.00144.380030
2019-10-28$24.79$0.0010.7%3.1%8.6%0.2%0.0%0.2%2.3%0-7.4K00.00101.960030
2019-10-29$24.78$0.00110.5%31.7%8.4%55.9%0.0%5.1%-42.9%19-7.4K-10.00145.470030
2019-10-30$24.84$0.00121.2%34.7%7.3%61.8%0.0%6.0%-52.4%21-7.4K-10.00149.960030
2019-10-31$24.82$0.0098.6%28.3%7.2%49.2%0.0%-16.8%-31.3%0-7.4K00.00141.870030