EMLP Options History — May 2020

In May 2020, EMLP traded between $19.33 and $21.26. ATM implied volatility averaged 92.3%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 29.8%. IV traded above realized volatility by 58.6% (HV 20d: 33.7%). Max pain ranged from $18.00 to $22.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-05-07: Highest Volume — 5 contracts
  • 2020-05-07: Largest IV spike — 3549.5% change
  • 2020-05-07: Highest IV Rank — 100.0%
  • 2020-05-04: Largest Expected Move — 57.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.27$19.33$21.26$19.80$21.26
Max Pain$18.84$18.00$22.00$22.00$18.00
ATM IV92.3%5.4%197.4%189.4%125.4%
Expected Move29.8%2.9%57.4%57.4%35.9%
HV 20d33.7%28.5%40.7%40.7%28.5%
HV 60d73.9%73.3%74.7%73.4%73.3%
IV Rank46.4%1.8%100.0%98.3%63.1%
IV Percentile54.6%0.8%100.0%99.6%82.1%
Term Structure-40.3%-88.5%1.6%-80.9%-39.8%
VWIV29.3%26.7%34.1%26.7%34.1%
Skew 25d-11.9%-121.1%23.4%11.4%-121.1%
Skew 10d-9.9%-153.9%45.3%41.8%-150.0%
Call IV 25d137.6%23.4%169.3%147.9%169.3%
Put IV 25d125.7%24.4%168.9%159.3%48.2%
Bid-Ask Spread %150.96119.58172.51158.60146.13
Gamma HHI0.390.320.620.390.37
Net GEX8584511.5K5491.5K
Net DEX-30.4K-50.1K-12.3K-46.1K-31.1K
Net VEX-168-191-115-191-183
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.60500
Total OI49.245534553

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$19.80$0.00189.4%0.0%40.7%98.3%0.0%11.4%0.0%549-46.1K-1910.00158.6000450
2020-05-04$20.02$22.005.8%57.4%39.9%2.0%0.0%10.8%-80.9%472-48.0K-1860.00151.3600450
2020-05-05$20.19$22.009.2%57.1%35.8%3.8%0.0%11.5%-75.2%484-50.1K-1890.00152.0000450
2020-05-06$19.77$22.005.4%0.0%36.9%1.8%0.0%11.3%-83.1%451-49.7K-1830.00151.9100450
2020-05-07$19.84$22.00197.4%56.6%36.4%100.0%26.7%23.4%-88.5%993-34.9K-1700.00170.2205450
2020-05-08$20.29$18.0036.6%7.3%34.1%17.8%0.0%1.5%1.6%573-12.3K-1150.00119.5801455
2020-05-11$20.22$18.0053.3%7.8%33.9%26.3%0.0%1.1%0.4%726-12.5K-1180.00120.1801454
2020-05-12$19.97$18.0098.8%28.3%33.6%49.6%0.0%4.5%-35.2%816-32.4K-1810.00141.3110453
2020-05-13$19.33$18.00104.5%30.0%33.1%52.5%0.0%4.5%-35.3%763-29.9K-1810.00140.7100463
2020-05-14$19.52$18.00102.6%29.4%33.1%51.5%27.0%5.6%-24.7%800-29.9K-1810.00141.2701463
2020-05-15$19.59$18.00103.8%29.8%30.1%52.1%0.0%6.3%-25.3%816-28.4K-1800.00147.9200464
2020-05-18$20.54$18.00105.4%30.2%33.9%52.9%34.1%-21.8%-31.1%1.1K-31.8K-1870.00149.2901464
2020-05-19$20.43$18.0010.3%3.0%32.9%4.3%0.0%16.1%-32.9%1.1K-31.4K-1850.00172.5100465
2020-05-20$20.59$18.00162.6%0.0%31.8%82.2%0.0%16.1%-31.4%745-17.3K-1330.00172.2500465
2020-05-21$20.37$18.00111.8%32.1%32.1%56.2%0.0%-36.2%-28.5%1.1K-28.0K-1760.00146.4400465
2020-05-22$20.49$18.0010.1%2.9%32.0%4.2%0.0%15.2%0.0%714-17.1K-1300.00170.1000465
2020-05-26$20.91$18.00170.3%0.0%32.6%86.1%0.0%15.5%0.0%877-19.1K-1330.00170.4902465
2020-05-27$21.07$18.00120.4%34.5%32.3%60.6%0.0%-105.7%-37.0%1.2K-27.6K-1690.00148.3400467
2020-05-28$21.17$18.00122.8%35.2%30.5%61.8%0.0%-107.9%-38.3%1.4K-30.1K-1840.00148.6000467
2020-05-29$21.26$18.00125.4%35.9%28.5%63.1%0.0%-121.1%-39.8%1.5K-31.1K-1830.00146.1300467