EMLP Options History — July 2021

In July 2021, EMLP traded between $23.49 and $24.66. ATM implied volatility averaged 46.4%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 32.4% (HV 20d: 14.0%). Max pain ranged from $26.00 to $26.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2021-07-02: Highest Volume — 10 contracts
2021-07-19: Largest IV spike — 87.2% change
2021-07-08: Highest IV Rank — 32.0%
2021-07-19: Largest Expected Move — 16.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.30	$23.49	$24.66	$24.64	$24.23
Max Pain	$26.00	$26.00	$26.00	$26.00	$26.00
ATM IV	46.4%	29.4%	76.9%	41.0%	35.7%
Expected Move	10.4%	7.7%	16.2%	11.7%	10.2%
HV 20d	14.0%	11.6%	16.4%	12.3%	16.1%
HV 60d	12.8%	11.5%	14.2%	11.5%	14.1%
IV Rank	15.0%	5.5%	32.0%	12.0%	9.1%
IV Percentile	37.5%	9.1%	59.9%	36.9%	28.2%
Term Structure	-8.9%	-26.6%	1.6%	-26.6%	-10.5%
Skew 25d	-4.5%	-32.7%	24.6%	-32.7%	1.1%
Skew 10d	-4.5%	-38.8%	8.9%	-38.8%	2.8%
Call IV 25d	42.1%	29.9%	71.3%	46.4%	43.0%
Put IV 25d	37.6%	12.4%	71.9%	13.7%	44.1%
Bid-Ask Spread %	130.48	114.79	143.16	114.79	131.37
Gamma HHI	0.30	0.25	0.57	0.25	0.29
Net GEX	1.5K	1.0K	2.5K	1.4K	1.5K
Net DEX	-37.0K	-56.8K	-24.0K	-52.7K	-31.9K
Net VEX	-91	-137	-73	-137	-77
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	1.048	0	10	0	0
Total OI	26.238	23	34	34	23

Daily Data (21 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	Put Vol	Call OI	Put OI
2021-07-01	$24.64	$26.00	41.0%	11.7%	12.3%	12.0%	0.0%	-32.7%	-26.6%	1.4K	-52.7K	-137	114.79	0	0	33	1
2021-07-02	$24.66	$26.00	41.1%	11.8%	12.3%	12.0%	0.0%	-12.3%	-15.2%	1.4K	-52.9K	-137	124.33	10	0	33	1
2021-07-06	$24.55	$0.00	50.1%	7.7%	12.0%	17.1%	0.0%	-14.2%	-9.9%	2.0K	-52.2K	-109	115.56	0	0	32	1
2021-07-07	$24.52	$0.00	71.5%	10.6%	12.0%	29.0%	0.0%	1.6%	-18.7%	2.5K	-55.6K	-94	143.16	0	0	32	1
2021-07-08	$24.34	$0.00	76.9%	10.7%	11.9%	32.0%	0.0%	1.8%	1.6%	2.2K	-56.8K	-73	139.15	0	1	32	1
2021-07-09	$24.62	$0.00	55.4%	7.9%	12.3%	20.1%	0.0%	-15.5%	-14.1%	1.6K	-56.0K	-104	116.94	10	0	32	2
2021-07-12	$24.54	$0.00	73.1%	8.1%	12.2%	30.0%	0.0%	-17.7%	-15.1%	1.3K	-32.3K	-89	117.28	0	0	22	2
2021-07-13	$24.32	$0.00	72.5%	8.2%	12.4%	29.6%	0.0%	-17.5%	-5.1%	1.4K	-30.5K	-88	130.53	0	0	22	2
2021-07-14	$24.20	$0.00	29.4%	8.4%	12.3%	5.5%	0.0%	1.4%	-5.4%	1.0K	-27.7K	-96	126.45	0	0	22	2
2021-07-15	$24.21	$0.00	40.6%	11.6%	12.4%	11.8%	0.0%	-6.5%	-8.0%	1.2K	-28.6K	-95	138.67	0	0	22	2
2021-07-16	$24.20	$0.00	30.2%	8.7%	11.6%	6.0%	0.0%	-21.5%	-0.7%	1.9K	-28.4K	-78	118.90	0	0	22	2
2021-07-19	$23.49	$0.00	56.5%	16.2%	14.2%	20.7%	0.0%	0.6%	-1.8%	1.3K	-24.0K	-88	135.06	0	0	22	1
2021-07-20	$24.02	$0.00	41.3%	11.8%	16.0%	12.2%	0.0%	1.3%	-1.2%	1.5K	-28.1K	-79	139.80	0	0	22	1
2021-07-21	$24.12	$0.00	43.2%	12.4%	16.2%	13.3%	0.0%	24.6%	-2.8%	1.5K	-28.8K	-82	142.99	0	0	22	1
2021-07-22	$23.98	$0.00	32.0%	9.2%	16.2%	7.0%	0.0%	1.8%	-7.1%	1.5K	-29.8K	-83	133.28	0	0	22	1
2021-07-23	$24.12	$0.00	31.5%	9.0%	16.2%	6.7%	0.0%	2.4%	-7.0%	1.8K	-32.5K	-74	132.16	0	0	22	1
2021-07-26	$24.30	$0.00	34.1%	9.8%	16.4%	8.2%	0.0%	2.0%	-8.5%	1.5K	-32.3K	-81	133.05	0	0	22	1
2021-07-27	$24.31	$0.00	33.8%	9.7%	16.1%	8.0%	0.0%	2.1%	-8.6%	1.5K	-32.4K	-80	132.46	0	0	22	1
2021-07-28	$24.40	$0.00	34.4%	9.9%	16.1%	8.3%	0.0%	1.0%	-8.7%	1.1K	-30.5K	-87	131.77	0	0	22	1
2021-07-29	$24.48	$0.00	49.4%	14.2%	16.0%	16.7%	0.0%	0.8%	-13.5%	1.2K	-32.9K	-86	142.35	0	1	22	1
2021-07-30	$24.23	$0.00	35.7%	10.2%	16.1%	9.1%	0.0%	1.1%	-10.5%	1.5K	-31.9K	-77	131.37	0	0	22	1