EMLP Options History — February 2020

In February 2020, EMLP traded between $23.19 and $26.38. ATM implied volatility averaged 102.0%, placing in the 51.0% IV rank vs the trailing year. The 30-day expected move averaged 25.9%. IV traded above realized volatility by 92.4% (HV 20d: 9.5%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-02-28: Highest Volume — 17 contracts
  • 2020-02-12: Largest IV drop — 48.2% change
  • 2020-02-11: Highest IV Rank — 76.3%
  • 2020-02-05: Largest Expected Move — 33.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.69$23.19$26.38$25.70$23.19
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV102.0%76.3%147.3%110.1%116.0%
Expected Move25.9%18.8%33.4%31.6%33.3%
HV 20d9.5%7.4%21.4%7.8%21.4%
HV 60d8.9%7.9%14.8%8.4%14.8%
IV Rank51.0%36.7%76.3%55.7%58.9%
IV Percentile65.0%32.5%90.9%78.6%81.3%
Term Structure-36.7%-46.9%-27.6%-42.6%-36.8%
VWIV58.8%58.8%58.8%58.8%58.8%
Skew 25d-5.1%-118.8%99.7%-118.8%4.9%
Skew 10d5.0%-139.3%36.7%36.7%18.2%
Call IV 25d109.0%19.5%157.3%136.2%157.3%
Put IV 25d104.0%13.6%162.2%17.4%162.2%
Bid-Ask Spread %147.02131.38151.47137.56149.24
Gamma HHI0.800.730.970.960.75
Net GEX2.0K1.5K3.1K1.7K1.5K
Net DEX-69.4K-77.4K-47.9K-62.6K-47.9K
Net VEX-222-246-195-201-195
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.211017017
Total OI46.05341474147

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-02-03$25.70$0.00110.1%31.6%7.8%55.7%0.0%-118.8%-42.6%1.7K-62.6K-2010.00137.5600410
2020-02-04$25.77$0.00113.2%32.5%7.5%57.4%0.0%99.7%-44.7%1.8K-63.2K-2000.00139.7900410
2020-02-05$25.88$0.00116.5%33.4%7.5%59.2%0.0%-117.6%-46.9%2.0K-64.6K-2000.00141.4660410
2020-02-06$25.84$25.00120.4%20.4%7.6%61.4%0.0%-5.5%-30.4%2.2K-72.1K-2460.00148.2200470
2020-02-07$25.77$25.00109.5%20.7%7.6%55.3%0.0%3.9%-37.8%2.1K-70.0K-2430.00148.3200470
2020-02-10$25.71$25.00130.8%18.8%7.7%67.1%0.0%83.3%-36.1%2.5K-69.7K-2390.00143.5100470
2020-02-11$25.87$25.00147.3%21.7%7.4%76.3%0.0%4.3%-34.1%2.2K-72.6K-2390.00148.6000470
2020-02-12$26.12$25.0076.3%21.9%8.1%36.7%0.0%4.1%-33.9%2.0K-75.1K-2380.00149.8400470
2020-02-13$26.14$25.0077.3%22.2%7.7%37.2%0.0%3.5%-34.7%1.9K-74.8K-2370.00149.7500470
2020-02-14$26.28$25.0078.2%22.4%7.8%37.7%0.0%4.1%-34.9%2.0K-76.8K-2330.00150.6000470
2020-02-18$26.37$25.0082.9%23.8%7.9%40.3%0.0%3.5%-38.6%1.9K-77.3K-2280.00151.4700470
2020-02-19$26.38$25.0084.2%24.1%7.8%41.1%0.0%3.5%-38.8%1.9K-77.4K-2260.00150.6900470
2020-02-20$26.38$25.0085.7%24.6%7.7%41.9%0.0%3.6%-40.0%1.9K-77.4K-2250.00150.7800470
2020-02-21$26.34$25.0087.3%25.0%7.6%42.8%0.0%3.6%-41.5%1.9K-77.0K-2230.00150.0800470
2020-02-24$25.95$25.0093.2%26.7%9.1%46.1%0.0%-91.3%-27.6%3.1K-76.8K-2160.00131.3800470
2020-02-25$25.35$25.0098.1%28.1%12.2%48.8%0.0%4.3%-28.5%1.9K-66.9K-2180.00151.1300470
2020-02-26$24.96$25.00103.2%29.6%13.0%51.7%0.0%4.2%-35.7%1.8K-63.4K-2140.00149.8600470
2020-02-27$24.06$25.00107.5%30.8%17.9%54.1%0.0%6.1%-34.1%2.1K-52.3K-2050.00151.1100470
2020-02-28$23.19$25.00116.0%33.3%21.4%58.9%58.8%4.9%-36.8%1.5K-47.9K-1950.00149.24170470