EMLP Options History — May 2021

In May 2021, EMLP traded between $23.88 and $24.62. ATM implied volatility averaged 33.7%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 22.5% (HV 20d: 11.2%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2021-05-10: Highest Volume — 12 contracts
2021-05-11: Largest IV spike — 91.1% change
2021-05-11: Highest IV Rank — 44.5%
2021-05-05: Largest Expected Move — 11.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.27	$23.88	$24.62	$24.16	$24.41
Max Pain	$21.00	$21.00	$21.00	$21.00	$21.00
ATM IV	33.7%	23.9%	89.9%	32.8%	25.2%
Expected Move	8.0%	5.2%	11.8%	9.4%	7.2%
HV 20d	11.2%	6.9%	14.7%	6.9%	14.0%
HV 60d	12.8%	12.2%	13.8%	12.2%	12.4%
IV Rank	15.9%	11.0%	44.5%	15.5%	11.6%
IV Percentile	12.8%	3.6%	49.6%	8.3%	4.0%
Term Structure	-4.4%	-20.3%	10.4%	-18.3%	7.3%
VWIV	23.6%	22.6%	25.0%	22.6%	23.5%
Skew 25d	2.5%	-36.0%	66.4%	-19.8%	5.4%
Skew 10d	14.6%	-47.4%	96.5%	2.8%	-8.5%
Call IV 25d	30.9%	20.1%	54.3%	45.3%	28.2%
Put IV 25d	33.4%	15.3%	91.0%	25.5%	33.7%
Bid-Ask Spread %	129.02	118.22	135.69	132.93	135.69
Gamma HHI	0.94	0.86	0.98	0.98	0.96
Net GEX	24.1K	12.7K	35.2K	26.8K	30.8K
Net DEX	-194.3K	-229.9K	-148.0K	-161.6K	-218.4K
Net VEX	-413	-496	-352	-403	-352
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	1.1	0	12	0	0
Total OI	149.7	136	154	136	154

Daily Data (20 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	Put OI
2021-05-03	$24.16	$0.00	32.8%	9.4%	6.9%	15.5%	0.0%	-19.8%	-18.3%	26.8K	-161.6K	-403	132.93	0	135	1
2021-05-04	$24.09	$0.00	38.6%	11.1%	7.1%	18.4%	0.0%	-26.0%	-19.0%	25.1K	-153.4K	-415	118.36	0	135	1
2021-05-05	$23.98	$0.00	41.2%	11.8%	7.5%	19.8%	0.0%	-31.7%	-20.3%	22.3K	-148.0K	-427	118.22	0	139	1
2021-05-06	$24.14	$21.00	40.4%	6.6%	7.7%	19.4%	22.6%	5.6%	-3.0%	23.5K	-162.3K	-417	133.41	3	139	1
2021-05-07	$24.32	$21.00	40.9%	6.6%	7.7%	19.6%	23.2%	5.0%	-4.0%	24.1K	-185.7K	-426	133.66	6	142	1
2021-05-10	$24.51	$21.00	47.0%	5.2%	7.9%	22.7%	25.0%	-5.6%	-7.6%	23.2K	-204.6K	-405	130.55	12	142	1
2021-05-11	$24.12	$21.00	89.9%	10.6%	10.3%	44.5%	23.5%	-36.0%	10.4%	12.7K	-189.7K	-496	119.70	1	153	1
2021-05-12	$23.88	$21.00	24.2%	6.9%	11.0%	11.1%	0.0%	9.3%	0.2%	18.8K	-167.2K	-474	130.46	0	153	1
2021-05-13	$24.14	$21.00	26.3%	7.5%	11.3%	12.2%	0.0%	-7.8%	-10.7%	21.5K	-189.2K	-445	121.93	0	153	1
2021-05-14	$24.41	$21.00	27.1%	7.8%	11.8%	12.6%	0.0%	3.3%	-0.6%	20.1K	-212.7K	-457	133.84	0	153	1
2021-05-17	$24.46	$21.00	29.1%	8.3%	11.7%	13.6%	0.0%	2.1%	-7.9%	20.9K	-214.1K	-439	119.46	0	153	1
2021-05-18	$24.38	$21.00	26.2%	7.5%	11.8%	12.1%	0.0%	3.8%	-11.0%	26.2K	-214.4K	-398	118.26	0	153	1
2021-05-19	$24.05	$21.00	26.3%	7.5%	12.9%	12.2%	0.0%	6.9%	-10.8%	23.6K	-174.1K	-419	134.36	0	153	1
2021-05-20	$24.38	$21.00	26.4%	7.6%	13.5%	12.2%	0.0%	6.1%	1.5%	27.7K	-213.7K	-402	133.61	0	153	1
2021-05-21	$24.43	$21.00	27.1%	7.8%	13.5%	12.6%	0.0%	3.1%	-0.9%	26.8K	-216.6K	-391	133.03	0	153	1
2021-05-24	$24.62	$21.00	23.9%	6.9%	13.6%	11.0%	0.0%	-8.7%	5.0%	20.6K	-229.9K	-390	133.89	0	153	1
2021-05-25	$24.28	$21.00	25.4%	7.3%	14.7%	11.7%	0.0%	66.4%	-6.9%	34.5K	-206.4K	-358	128.51	0	153	1
2021-05-26	$24.32	$21.00	26.6%	7.6%	14.4%	12.3%	0.0%	66.3%	3.0%	35.2K	-211.2K	-359	135.11	0	153	1
2021-05-27	$24.36	$21.00	28.4%	8.2%	14.1%	13.3%	0.0%	2.5%	4.9%	16.8K	-213.0K	-392	135.47	0	153	1
2021-05-28	$24.41	$21.00	25.2%	7.2%	14.0%	11.6%	0.0%	5.4%	7.3%	30.8K	-218.4K	-352	135.69	0	153	1