EMLP Options History — November 2019

In November 2019, EMLP traded between $24.37 and $25.01. ATM implied volatility averaged 86.5%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 78.7% (HV 20d: 7.8%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-11-27: Highest Volume — 3 contracts
  • 2019-11-14: Largest IV spike — 99.1% change
  • 2019-11-08: Highest IV Rank — 82.2%
  • 2019-11-19: Largest Expected Move — 25.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.62$24.37$25.01$25.01$24.53
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV86.5%35.9%157.8%87.3%43.5%
Expected Move18.5%10.3%25.8%25.0%12.5%
HV 20d7.8%6.7%8.6%7.4%8.1%
HV 60d8.3%7.6%9.2%9.2%7.6%
IV Rank42.5%14.3%82.2%42.9%18.5%
IV Percentile39.1%6.3%92.9%39.3%7.9%
Term Structure-4.2%-44.1%62.4%-44.1%47.7%
VWIV9.5%9.5%9.5%9.5%9.5%
Skew 25d-46.1%-112.8%6.0%6.0%-104.9%
Skew 10d-20.3%-116.8%21.0%17.3%14.1%
Call IV 25d115.6%95.5%173.6%173.6%132.0%
Put IV 25d69.5%13.6%179.6%179.6%27.2%
Bid-Ask Spread %147.74142.18151.06150.26150.14
Gamma HHI0.780.441.001.000.65
Net GEX7501590159
Net DEX-9.4K-11.6K-7.2K-7.5K-11.4K
Net VEX-6-1300-11
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.30300
Total OI4.53636

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-11-01$25.01$0.0087.3%25.0%7.4%42.9%0.0%6.0%-44.1%0-7.5K00.00150.260030
2019-11-04$24.93$15.00128.2%17.2%7.3%65.8%0.0%-39.9%-16.4%7-7.5K00.00149.560030
2019-11-05$24.80$15.00152.0%14.3%6.7%79.0%0.0%-45.5%-15.1%0-7.4K00.00147.060030
2019-11-06$24.72$15.00150.5%17.7%6.8%78.1%0.0%-24.2%-28.0%16-7.4K00.00150.010030
2019-11-07$24.44$15.00154.8%18.8%7.8%80.5%0.0%-10.9%-28.5%15-7.3K00.00150.430030
2019-11-08$24.43$15.00157.8%18.6%7.6%82.2%0.0%-9.5%-26.3%16-7.3K00.00148.420030
2019-11-11$24.37$15.0077.9%22.3%7.3%37.7%0.0%3.8%-33.5%22-7.2K-10.00150.130030
2019-11-12$24.39$15.0067.3%19.3%7.3%31.8%0.0%-7.3%-29.9%15-7.3K00.00151.060030
2019-11-13$24.59$15.0035.9%10.3%7.9%14.3%9.5%-44.3%35.1%0-7.4K00.00149.872030
2019-11-14$24.54$15.0071.5%20.5%7.9%34.2%0.0%-13.6%-34.4%97-9.8K-60.00150.960050
2019-11-15$24.69$15.0082.5%23.7%7.9%40.3%0.0%-17.8%-38.4%96-9.9K-60.00150.470050
2019-11-18$24.59$15.0086.4%24.8%8.0%42.5%0.0%-32.3%-24.9%85-9.9K-60.00147.301050
2019-11-19$24.48$15.0089.9%25.8%8.0%44.4%0.0%-99.0%-24.2%131-11.3K-120.00145.200060
2019-11-20$24.55$15.0088.4%25.3%8.2%43.5%0.0%-15.4%-25.0%131-11.4K-130.00144.900060
2019-11-21$24.70$15.0070.3%20.2%8.5%33.5%0.0%-57.2%-29.8%127-11.6K-120.00143.340060
2019-11-22$24.77$15.0047.4%13.6%8.6%20.7%0.0%-77.5%61.1%125-11.6K-120.00145.200060
2019-11-25$24.69$15.0046.7%13.4%7.8%20.3%0.0%-109.0%47.9%148-11.5K-110.00142.180060
2019-11-26$24.56$15.0040.9%11.7%8.0%17.1%0.0%-109.9%60.5%156-11.4K-110.00144.110060
2019-11-27$24.62$15.0050.1%14.4%8.0%22.2%0.0%-112.8%62.4%152-11.4K-110.00144.133060
2019-11-29$24.53$15.0043.5%12.5%8.1%18.5%0.0%-104.9%47.7%159-11.4K-110.00150.140060