EMLP Options History — October 2021

In October 2021, EMLP traded between $23.87 and $25.44. ATM implied volatility averaged 40.3%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 29.0% (HV 20d: 11.4%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 2.00.

Notable Days

2021-10-20: Highest Volume — 21 contracts
2021-10-13: Largest IV drop — 67.0% change
2021-10-12: Highest IV Rank — 38.8%
2021-10-01: Largest Expected Move — 16.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.81	$23.87	$25.44	$23.87	$25.02
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	40.3%	21.9%	85.1%	58.9%	33.9%
Expected Move	8.5%	4.7%	16.9%	16.9%	9.7%
HV 20d	11.4%	8.9%	13.5%	11.4%	10.0%
HV 60d	12.1%	11.3%	13.6%	13.3%	11.3%
IV Rank	14.5%	4.6%	38.8%	24.6%	11.1%
IV Percentile	40.1%	2.8%	86.1%	78.2%	34.9%
Term Structure	-7.0%	-24.7%	0.3%	-24.7%	-9.8%
VWIV	26.0%	13.1%	34.1%	13.5%	33.6%
Skew 25d	-7.2%	-22.7%	2.3%	0.5%	-13.3%
Skew 10d	-13.3%	-32.7%	6.5%	6.5%	-31.8%
Call IV 25d	36.0%	27.0%	76.7%	76.7%	27.0%
Put IV 25d	28.8%	12.8%	77.3%	77.3%	13.7%
Bid-Ask Spread %	141.67	136.23	157.17	154.55	138.24
Gamma HHI	0.34	0.30	0.39	0.30	0.35
Net GEX	-25	-213	79	29	-84
Net DEX	-1.7K	-4.5K	2.3K	809	-2.5K
Net VEX	-48	-54	-41	-54	-42
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.00	2.00	2.00	2.00	2.00
Total Volume	8.095	0	21	0	21
Total OI	18.524	17	19	17	19

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	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2021-10-01	$23.87	$0.00	58.9%	16.9%	11.4%	24.6%	0.0%	0.5%	-24.7%	29	809	-54	0.00	154.55	0	0	7	10
2021-10-04	$24.26	$25.00	64.3%	10.5%	13.2%	27.5%	0.0%	1.9%	-5.7%	34	-389	-54	0.00	157.17	0	0	7	10
2021-10-05	$24.19	$25.00	47.0%	7.6%	12.8%	18.2%	0.0%	1.1%	-3.8%	-15	799	-51	0.00	142.31	0	0	7	10
2021-10-06	$24.12	$25.00	48.9%	7.6%	12.6%	19.2%	0.0%	2.3%	-3.8%	-16	1.1K	-50	0.00	142.15	0	2	7	10
2021-10-07	$24.23	$25.00	54.3%	8.1%	12.8%	22.1%	0.0%	1.8%	-4.5%	-14	584	-50	0.00	143.29	0	0	7	10
2021-10-08	$24.31	$25.00	58.8%	8.1%	12.4%	24.5%	0.0%	1.3%	-4.6%	-10	247	-51	0.00	144.27	0	0	7	12
2021-10-11	$24.29	$25.00	55.4%	4.7%	12.3%	22.7%	0.0%	-3.2%	0.3%	-213	2.3K	-41	0.00	137.67	0	0	7	12
2021-10-12	$24.40	$25.00	85.1%	8.4%	12.4%	38.8%	0.0%	-14.3%	-4.9%	-32	51	-49	0.00	138.96	0	0	7	12
2021-10-13	$24.68	$25.00	28.1%	8.0%	13.1%	7.9%	0.0%	-1.2%	-4.8%	-43	-1.1K	-50	0.00	141.54	0	0	7	12
2021-10-14	$24.97	$25.00	28.0%	8.0%	13.5%	7.8%	0.0%	-17.2%	-5.0%	-51	-2.3K	-50	0.00	139.77	0	0	7	12
2021-10-15	$25.10	$25.00	29.5%	8.5%	12.9%	8.7%	0.0%	-9.6%	-5.6%	-14	-2.9K	-49	0.00	144.68	0	0	7	12
2021-10-18	$25.04	$25.00	30.5%	8.7%	10.1%	9.2%	0.0%	-10.5%	-5.6%	-17	-2.6K	-48	0.00	138.44	0	0	7	12
2021-10-19	$25.19	$25.00	22.6%	6.5%	10.1%	5.0%	0.0%	-20.6%	-6.4%	-67	-3.3K	-47	0.00	138.96	0	0	7	12
2021-10-20	$25.38	$25.00	22.4%	6.4%	10.2%	4.8%	13.5%	-20.8%	-6.9%	-84	-4.1K	-46	2.00	139.25	7	14	7	12
2021-10-21	$25.31	$25.00	21.9%	6.3%	10.3%	4.6%	13.1%	0.3%	-6.9%	60	-3.5K	-45	2.00	136.23	7	14	7	12
2021-10-22	$25.42	$25.00	31.3%	9.0%	10.1%	9.6%	32.4%	-22.7%	-6.9%	79	-4.3K	-45	2.00	140.23	7	14	7	12
2021-10-25	$25.44	$25.00	23.9%	6.9%	10.0%	5.7%	14.2%	-0.3%	-8.6%	-1	-4.5K	-44	2.00	140.28	7	14	7	12
2021-10-26	$25.37	$25.00	33.8%	9.7%	8.9%	11.0%	33.5%	-1.3%	-9.0%	22	-4.1K	-44	2.00	138.84	7	14	7	12
2021-10-27	$25.16	$25.00	33.8%	9.7%	9.8%	11.0%	33.3%	-7.7%	-9.2%	6	-3.1K	-44	2.00	139.15	7	14	7	12
2021-10-28	$25.16	$25.00	34.5%	9.9%	9.5%	11.4%	34.1%	-17.9%	-9.7%	-86	-3.2K	-44	2.00	138.99	7	14	7	12
2021-10-29	$25.02	$25.00	33.9%	9.7%	10.0%	11.1%	33.6%	-13.3%	-9.8%	-84	-2.5K	-42	2.00	138.24	7	14	7	12