EMLP Options History — November 2020

In November 2020, EMLP traded between $19.90 and $21.84. ATM implied volatility averaged 104.5%, placing in the 52.1% IV rank vs the trailing year. The 30-day expected move averaged 27.3%. IV traded above realized volatility by 81.2% (HV 20d: 23.4%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-11-23: Highest Volume — 12 contracts
  • 2020-11-16: Largest IV spike — 140.1% change
  • 2020-11-06: Highest IV Rank — 99.7%
  • 2020-11-06: Largest Expected Move — 56.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.92$19.90$21.84$19.90$21.12
Max Pain$21.85$21.00$22.00$21.00$22.00
ATM IV104.5%33.5%198.3%143.8%48.9%
Expected Move27.3%9.6%56.9%41.2%14.0%
HV 20d23.4%16.7%26.3%18.8%25.6%
HV 60d19.7%17.1%21.2%17.2%21.2%
IV Rank52.1%16.1%99.7%72.0%23.9%
IV Percentile47.4%6.7%99.6%80.6%11.9%
Term Structure-42.4%-172.9%30.5%-54.4%-14.7%
VWIV26.3%26.3%26.3%26.3%26.3%
Skew 25d-2.3%-131.7%12.8%-131.7%1.8%
Skew 10d25.5%-11.2%54.6%53.8%3.8%
Call IV 25d98.3%28.6%190.8%190.8%56.3%
Put IV 25d96.1%33.6%151.7%59.1%58.2%
Bid-Ask Spread %149.20126.32180.71152.74137.46
Gamma HHI0.560.410.770.610.70
Net GEX2.5K1.1K8.3K1.1K2.7K
Net DEX-40.7K-50.8K-28.4K-39.2K-34.1K
Net VEX-104-123-78-121-78
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.6501200
Total OI44.442454543

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-11-02$19.90$21.00143.8%41.2%18.8%72.0%0.0%-131.7%-54.4%1.1K-39.2K-1210.00152.7400450
2020-11-03$20.19$21.00146.8%42.1%19.4%73.6%0.0%8.2%-43.6%1.1K-40.9K-1230.00153.1000450
2020-11-04$20.05$21.00194.0%0.0%19.2%97.6%0.0%-9.3%3.6%1.2K-41.3K-1190.00180.7100450
2020-11-05$20.16$22.00195.6%56.1%16.7%98.4%0.0%0.9%-172.9%1.1K-43.7K-1200.00180.3300450
2020-11-06$19.90$22.00198.3%56.9%17.3%99.7%0.0%-23.1%-172.0%1.2K-38.1K-1150.00178.9300450
2020-11-09$20.74$22.00196.4%56.3%22.9%98.8%0.0%9.7%-88.4%1.9K-41.7K-1160.00166.4700450
2020-11-10$21.10$22.00182.4%27.9%23.5%91.7%0.0%7.7%-45.5%1.3K-46.9K-1180.00151.8800450
2020-11-11$21.11$22.0097.9%28.1%23.5%48.8%0.0%7.9%-45.4%1.2K-47.0K-1160.00151.0700450
2020-11-12$20.65$22.00100.6%28.8%24.9%50.1%0.0%7.5%-46.6%1.3K-46.0K-1110.00151.3200450
2020-11-13$21.09$22.0042.2%12.1%26.0%20.4%0.0%2.5%-18.1%2.9K-30.0K-950.00126.5700450
2020-11-16$21.38$22.00101.2%29.0%25.9%50.4%0.0%8.0%-46.4%1.8K-50.8K-1090.00152.9700450
2020-11-17$21.29$22.00103.1%29.6%26.0%51.4%0.0%9.5%-48.4%2.1K-49.6K-1060.00152.0200450
2020-11-18$21.04$22.00107.5%30.8%26.3%53.6%0.0%8.8%-55.3%2.5K-46.9K-1030.00152.7100450
2020-11-19$21.04$22.0033.5%9.6%25.6%16.1%0.0%4.3%30.5%3.6K-31.3K-880.00127.1900450
2020-11-20$21.06$22.0034.9%10.0%25.6%16.8%0.0%5.2%-4.4%8.3K-31.3K-850.00126.3200450
2020-11-23$21.38$22.0041.7%12.0%25.4%20.2%26.3%11.1%-8.8%4.5K-28.4K-800.00135.42120420
2020-11-24$21.84$22.0035.6%10.2%26.3%17.1%0.0%2.8%2.7%3.1K-43.1K-930.00137.7610420
2020-11-25$21.80$22.0042.2%12.1%23.9%20.4%0.0%10.5%-8.9%3.2K-43.8K-950.00137.2600430
2020-11-27$21.61$22.0043.5%12.5%24.3%21.1%0.0%12.8%-10.5%3.2K-40.6K-890.00131.7400430
2020-11-30$21.12$22.0048.9%14.0%25.6%23.9%0.0%1.8%-14.7%2.7K-34.1K-780.00137.4600430