EMLP Options History — September 2021

In September 2021, EMLP traded between $23.71 and $25.01. ATM implied volatility averaged 35.8%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 23.2% (HV 20d: 12.6%). Max pain ranged from $21.00 to $21.00. 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

2021-09-27: Highest Volume — 8 contracts
2021-09-21: Largest IV spike — 81.4% change
2021-09-21: Highest IV Rank — 26.0%
2021-09-21: Largest Expected Move — 17.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.33	$23.71	$25.01	$24.68	$23.80
Max Pain	$21.00	$21.00	$21.00	$21.00	$21.00
ATM IV	35.8%	22.8%	61.5%	23.8%	43.3%
Expected Move	10.4%	6.8%	17.6%	6.8%	12.4%
HV 20d	12.6%	10.9%	14.0%	10.9%	12.6%
HV 60d	13.2%	12.6%	13.6%	13.2%	13.4%
IV Rank	12.1%	5.1%	26.0%	5.6%	16.1%
IV Percentile	32.4%	4.4%	76.6%	5.6%	58.3%
Term Structure	-11.1%	-21.5%	0.3%	-3.6%	-21.5%
Skew 25d	4.0%	-0.3%	16.1%	2.5%	3.8%
Skew 10d	-2.7%	-21.2%	24.6%	2.7%	24.6%
Call IV 25d	40.6%	23.4%	76.3%	45.0%	35.8%
Put IV 25d	44.6%	32.6%	77.2%	47.5%	39.7%
Bid-Ask Spread %	143.74	131.17	161.84	134.24	136.82
Gamma HHI	0.45	0.29	0.72	0.30	0.29
Net GEX	1.2K	28	3.3K	1.6K	28
Net DEX	-24.5K	-44.1K	2.8K	-38.5K	2.8K
Net VEX	-35	-54	-22	-54	-46
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	0.952	0	8	0	0
Total OI	18.143	7	25	25	17

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
2021-09-01	$24.68	$21.00	23.8%	6.8%	10.9%	5.6%	0.0%	2.5%	-3.6%	1.6K	-38.5K	-54	134.24	0	0	23	2
2021-09-02	$25.01	$0.00	22.8%	8.0%	11.6%	5.1%	0.0%	9.2%	-8.6%	3.3K	-44.1K	-38	143.28	3	0	23	2
2021-09-03	$24.99	$0.00	23.8%	8.1%	11.6%	5.6%	0.0%	1.3%	-9.6%	3.1K	-43.9K	-38	143.53	0	0	23	2
2021-09-07	$24.73	$0.00	28.6%	8.4%	12.2%	8.2%	0.0%	0.5%	-9.9%	1.7K	-38.8K	-45	141.68	0	0	23	2
2021-09-08	$24.82	$0.00	28.7%	8.2%	11.8%	8.3%	0.0%	1.4%	-9.1%	1.7K	-39.8K	-43	142.83	0	0	23	2
2021-09-09	$24.73	$0.00	29.1%	8.4%	11.9%	8.5%	0.0%	1.2%	-8.8%	1.7K	-39.0K	-42	141.52	0	0	23	2
2021-09-10	$24.48	$0.00	30.4%	8.7%	12.3%	9.2%	0.0%	0.4%	-9.9%	1.8K	-36.4K	-42	141.00	0	0	23	2
2021-09-13	$24.55	$0.00	30.9%	8.9%	12.4%	9.4%	0.0%	-0.3%	-9.9%	1.8K	-37.2K	-38	141.46	0	0	23	2
2021-09-14	$24.49	$0.00	31.4%	9.0%	12.4%	9.7%	0.0%	-0.3%	-10.6%	1.8K	-36.6K	-37	141.38	0	0	23	2
2021-09-15	$24.57	$0.00	31.9%	9.2%	12.3%	10.0%	0.0%	-0.0%	-9.7%	1.8K	-37.2K	-36	143.01	0	0	23	2
2021-09-16	$24.44	$0.00	32.1%	9.2%	12.1%	10.1%	0.0%	7.2%	0.3%	1.9K	-38.1K	-30	131.17	0	0	23	2
2021-09-17	$24.19	$0.00	32.9%	9.4%	12.0%	10.5%	0.0%	3.5%	-8.4%	476	-36.2K	-26	142.04	1	0	23	2
2021-09-20	$23.71	$0.00	33.9%	9.7%	13.6%	11.1%	0.0%	13.6%	-8.3%	459	-5.9K	-22	139.97	0	0	7	0
2021-09-21	$23.86	$0.00	61.5%	17.6%	13.8%	26.0%	0.0%	0.9%	-18.0%	327	-7.4K	-29	161.84	0	0	7	0
2021-09-22	$24.02	$0.00	34.3%	9.8%	14.0%	11.3%	0.0%	5.8%	-8.9%	462	-6.8K	-25	142.00	0	0	7	0
2021-09-23	$24.02	$0.00	35.1%	10.1%	13.7%	11.7%	0.0%	16.1%	-9.9%	462	-7.0K	-26	142.68	0	0	7	0
2021-09-24	$23.95	$0.00	36.0%	10.3%	13.2%	12.2%	0.0%	1.7%	-10.8%	456	-6.8K	-25	143.25	0	0	7	0
2021-09-27	$24.11	$0.00	52.8%	15.2%	12.8%	21.3%	0.0%	14.0%	-19.1%	405	-7.6K	-27	155.15	0	8	7	0
2021-09-28	$23.85	$0.00	52.8%	15.1%	13.3%	21.3%	0.0%	0.5%	-19.0%	393	-7.1K	-27	153.13	0	8	7	0
2021-09-29	$23.91	$0.00	55.7%	16.0%	13.3%	22.8%	0.0%	0.5%	-19.4%	159	-2.1K	-48	156.51	0	0	7	8
2021-09-30	$23.80	$0.00	43.3%	12.4%	12.6%	16.1%	0.0%	3.8%	-21.5%	28	2.8K	-46	136.82	0	0	7	10