EMLP Options History — August 2021

In August 2021, EMLP traded between $24.01 and $24.67. ATM implied volatility averaged 33.3%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 20.5% (HV 20d: 12.8%). 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 9 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2021-08-10: Highest Volume — 1 contracts
2021-08-31: Largest IV spike — 197.2% change
2021-08-09: Highest IV Rank — 25.5%
2021-08-24: Largest Expected Move — 17.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.39	$24.01	$24.67	$24.24	$24.41
Max Pain	$21.00	$21.00	$21.00	$21.00	$21.00
ATM IV	33.3%	13.5%	65.1%	38.5%	40.0%
Expected Move	8.5%	3.3%	17.3%	11.0%	11.5%
HV 20d	12.8%	8.6%	16.4%	16.1%	10.6%
HV 60d	13.2%	12.6%	14.0%	14.0%	13.0%
IV Rank	8.0%	0.0%	25.5%	10.6%	14.4%
IV Percentile	23.7%	0.0%	69.0%	33.7%	45.2%
Term Structure	-2.1%	-14.8%	16.4%	-11.8%	-12.7%
VWIV	13.1%	13.1%	13.1%	13.1%	13.1%
Skew 25d	4.3%	0.6%	13.1%	1.2%	5.5%
Skew 10d	0.3%	-56.3%	7.5%	3.1%	2.4%
Call IV 25d	36.8%	23.3%	73.0%	46.6%	41.4%
Put IV 25d	41.1%	23.8%	74.8%	47.8%	46.9%
Bid-Ask Spread %	135.02	128.92	149.92	132.63	133.96
Gamma HHI	0.29	0.26	0.30	0.28	0.29
Net GEX	1.6K	1.1K	1.9K	1.5K	1.7K
Net DEX	-34.4K	-37.7K	-31.1K	-31.8K	-35.7K
Net VEX	-67	-80	-48	-77	-55
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	0.045	0	1	0	0
Total OI	24.636	24	25	24	25

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	Put OI
2021-08-02	$24.24	$0.00	38.5%	11.0%	16.1%	10.6%	0.0%	1.2%	-11.8%	1.5K	-31.8K	-77	132.63	0	22	2
2021-08-03	$24.38	$0.00	40.1%	11.5%	16.2%	11.5%	0.0%	11.7%	-13.1%	1.5K	-32.9K	-77	133.42	0	22	2
2021-08-04	$24.21	$0.00	39.7%	11.4%	16.4%	11.3%	0.0%	13.1%	-13.4%	1.5K	-31.6K	-76	131.98	0	22	2
2021-08-05	$24.37	$21.00	27.8%	3.3%	16.4%	4.6%	0.0%	0.6%	-0.4%	1.8K	-34.6K	-50	128.92	0	22	2
2021-08-06	$24.35	$21.00	43.5%	8.1%	15.8%	13.4%	0.0%	1.7%	-8.7%	1.5K	-32.7K	-74	136.36	0	22	2
2021-08-09	$24.24	$21.00	65.1%	11.1%	15.9%	25.5%	0.0%	1.9%	-11.9%	1.2K	-31.1K	-80	144.68	0	22	2
2021-08-10	$24.47	$21.00	49.6%	8.1%	15.9%	16.9%	13.1%	2.1%	-8.6%	1.5K	-34.0K	-69	134.63	1	22	2
2021-08-11	$24.57	$21.00	19.6%	5.6%	15.9%	0.1%	0.0%	1.8%	9.0%	1.5K	-34.9K	-68	136.14	0	22	2
2021-08-12	$24.67	$21.00	19.5%	5.6%	15.9%	0.0%	0.0%	2.0%	9.2%	1.6K	-37.0K	-70	135.10	0	23	2
2021-08-13	$24.66	$21.00	19.4%	5.6%	15.9%	0.0%	0.0%	1.7%	9.6%	1.6K	-36.9K	-69	136.18	0	23	2
2021-08-16	$24.59	$21.00	19.8%	5.7%	11.2%	0.2%	0.0%	1.9%	8.3%	1.7K	-36.4K	-67	134.25	0	23	2
2021-08-17	$24.46	$21.00	30.5%	8.7%	8.6%	6.2%	0.0%	3.2%	-10.6%	1.6K	-35.0K	-67	134.12	0	23	2
2021-08-18	$24.28	$21.00	30.7%	8.8%	9.0%	6.3%	0.0%	2.7%	-11.5%	1.7K	-33.7K	-66	135.28	0	23	2
2021-08-19	$24.01	$21.00	30.6%	8.8%	9.7%	6.3%	0.0%	8.9%	3.2%	1.6K	-31.7K	-68	135.31	0	23	2
2021-08-20	$24.22	$21.00	30.9%	8.9%	9.9%	6.4%	0.0%	6.9%	2.9%	1.7K	-33.7K	-66	133.48	0	23	2
2021-08-23	$24.30	$21.00	33.1%	9.5%	9.6%	7.7%	0.0%	3.3%	-7.8%	1.6K	-34.3K	-64	133.22	0	23	2
2021-08-24	$24.36	$21.00	60.2%	17.3%	9.7%	22.8%	0.0%	1.8%	-14.8%	1.1K	-33.2K	-73	149.92	0	23	2
2021-08-25	$24.53	$21.00	22.2%	6.4%	9.9%	1.6%	0.0%	2.8%	14.5%	1.7K	-36.7K	-60	132.10	0	23	2
2021-08-26	$24.27	$21.00	34.8%	10.0%	10.6%	8.6%	0.0%	5.7%	-9.1%	1.7K	-34.2K	-61	133.34	0	23	2
2021-08-27	$24.54	$21.00	22.7%	6.5%	10.6%	1.9%	0.0%	2.9%	15.7%	1.7K	-36.8K	-58	132.11	0	23	2
2021-08-30	$24.51	$21.00	13.5%	3.9%	10.7%	0.0%	0.0%	11.7%	16.4%	1.9K	-37.7K	-48	133.23	0	23	2
2021-08-31	$24.41	$21.00	40.0%	11.5%	10.6%	14.4%	0.0%	5.5%	-12.7%	1.7K	-35.7K	-55	133.96	0	23	2