EMLP Options History — October 2020

In October 2020, EMLP traded between $18.96 and $20.54. ATM implied volatility averaged 113.6%, placing in the 56.7% IV rank vs the trailing year. The 30-day expected move averaged 31.0%. IV traded above realized volatility by 95.0% (HV 20d: 18.6%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2020-10-14: Highest Volume — 3 contracts
2020-10-09: Largest IV spike — 377.0% change
2020-10-06: Highest IV Rank — 93.7%
2020-10-02: Largest Expected Move — 48.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.05	$18.96	$20.54	$18.96	$19.64
Max Pain	$21.00	$21.00	$21.00	$21.00	$21.00
ATM IV	113.6%	19.5%	186.4%	165.9%	133.8%
Expected Move	31.0%	10.9%	48.8%	47.6%	38.3%
HV 20d	18.6%	15.4%	20.5%	17.9%	19.1%
HV 60d	16.4%	16.0%	17.1%	16.2%	17.1%
IV Rank	56.7%	8.9%	93.7%	83.3%	67.0%
IV Percentile	57.6%	6.0%	98.4%	91.7%	77.4%
Term Structure	-29.2%	-77.3%	49.4%	-75.4%	-47.8%
VWIV	111.3%	111.3%	111.3%	111.3%	111.3%
Skew 25d	7.5%	-2.3%	10.5%	7.5%	-2.3%
Skew 10d	45.5%	7.5%	57.4%	53.5%	7.5%
Call IV 25d	139.7%	40.7%	185.7%	126.3%	185.7%
Put IV 25d	147.1%	44.3%	183.4%	133.8%	183.4%
Bid-Ask Spread %	155.27	138.84	158.40	152.92	156.45
Gamma HHI	0.64	0.52	0.70	0.70	0.62
Net GEX	1.0K	825	1.3K	825	1.0K
Net DEX	-40.0K	-44.7K	-32.6K	-32.6K	-37.5K
Net VEX	-141	-150	-124	-145	-124
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.136	0	3	0	0
Total OI	43.636	42	45	42	45

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Call OI
2020-10-01	$18.96	$0.00	165.9%	47.6%	17.9%	83.3%	0.0%	7.5%	-75.4%	825	-32.6K	-145	152.92	0	42
2020-10-02	$19.24	$0.00	170.3%	48.8%	18.4%	85.5%	0.0%	7.1%	-77.3%	836	-34.5K	-146	151.43	0	42
2020-10-05	$19.56	$0.00	185.3%	26.0%	19.5%	93.1%	0.0%	7.3%	-20.0%	878	-36.0K	-145	155.98	0	42
2020-10-06	$19.62	$0.00	186.4%	26.2%	19.4%	93.7%	0.0%	7.4%	-20.4%	893	-36.1K	-144	155.56	0	42
2020-10-07	$19.85	$0.00	92.0%	26.4%	19.2%	45.8%	0.0%	7.5%	-20.4%	917	-37.4K	-147	155.47	0	42
2020-10-08	$20.38	$0.00	19.5%	26.3%	20.4%	8.9%	0.0%	7.2%	-19.5%	1.0K	-39.7K	-150	155.49	0	42
2020-10-09	$20.32	$0.00	93.0%	26.7%	20.5%	46.3%	0.0%	8.1%	-20.3%	973	-40.1K	-148	155.73	0	42
2020-10-12	$20.39	$0.00	96.3%	27.6%	20.3%	47.9%	0.0%	8.2%	-21.9%	972	-40.6K	-145	155.69	0	42
2020-10-13	$20.27	$0.00	97.9%	28.1%	20.3%	48.8%	0.0%	8.4%	-22.9%	962	-39.9K	-144	156.19	0	42
2020-10-14	$20.30	$0.00	99.1%	28.4%	20.2%	49.4%	111.3%	8.7%	-23.6%	1.0K	-39.5K	-143	157.10	3	42
2020-10-15	$20.38	$21.00	100.3%	28.7%	19.6%	50.0%	0.0%	8.3%	-24.1%	1.0K	-43.9K	-150	156.40	0	45
2020-10-16	$20.37	$21.00	101.7%	29.2%	19.4%	50.7%	0.0%	8.7%	-24.9%	1.0K	-43.8K	-148	157.90	0	45
2020-10-19	$20.18	$21.00	107.0%	30.7%	18.7%	53.4%	0.0%	9.6%	-28.3%	1.0K	-42.1K	-144	158.40	0	45
2020-10-20	$20.30	$21.00	108.3%	31.0%	18.7%	54.0%	0.0%	9.4%	-28.8%	1.0K	-43.2K	-143	156.59	0	45
2020-10-21	$20.15	$21.00	110.6%	31.7%	15.4%	55.2%	0.0%	9.8%	-30.5%	1.0K	-42.1K	-141	156.51	0	45
2020-10-22	$20.52	$21.00	108.5%	31.1%	15.6%	54.1%	0.0%	9.1%	-32.6%	1.1K	-44.6K	-141	156.30	0	45
2020-10-23	$20.54	$21.00	110.4%	31.6%	15.6%	55.1%	0.0%	9.6%	-33.8%	1.1K	-44.7K	-142	157.01	0	45
2020-10-26	$20.26	$21.00	120.7%	34.6%	16.4%	60.3%	0.0%	10.5%	-36.8%	1.0K	-42.7K	-135	157.15	0	45
2020-10-27	$20.30	$21.00	123.0%	35.3%	16.4%	61.5%	0.0%	10.4%	-38.2%	1.1K	-43.0K	-134	156.20	0	45
2020-10-28	$19.77	$21.00	38.2%	10.9%	19.0%	18.4%	0.0%	3.7%	49.4%	1.3K	-36.6K	-126	138.84	0	45
2020-10-29	$19.88	$21.00	130.0%	37.3%	19.0%	65.0%	0.0%	0.0%	-44.3%	1.1K	-38.4K	-126	156.67	0	45
2020-10-30	$19.64	$21.00	133.8%	38.3%	19.1%	67.0%	0.0%	-2.3%	-47.8%	1.0K	-37.5K	-124	156.45	0	45