EMLP Options History — May 2022

In May 2022, EMLP traded between $26.16 and $28.23. ATM implied volatility averaged 36.9%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 12.9% (HV 20d: 24.0%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2022-05-16: Highest Volume — 417 contracts
  • 2022-05-09: Largest IV spike — 198.1% change
  • 2022-05-09: Highest IV Rank — 68.1%
  • 2022-05-09: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.14$26.16$28.23$26.44$28.00
Max Pain$27.22$25.00$30.00$30.00$25.00
ATM IV36.9%22.4%78.1%37.0%42.0%
Expected Move9.7%6.4%13.8%10.6%12.1%
HV 20d24.0%17.1%26.6%17.1%23.1%
HV 60d18.0%15.6%18.9%15.6%17.9%
IV Rank24.7%9.4%68.1%24.7%30.1%
IV Percentile51.6%4.8%98.0%62.3%79.8%
Term Structure-9.1%-19.2%2.6%-8.8%-12.8%
VWIV25.7%19.8%45.3%25.6%27.9%
Skew 25d9.5%-2.9%27.5%0.2%25.6%
Skew 10d-3.7%-39.7%21.9%2.5%-39.7%
Call IV 25d33.2%21.8%53.2%43.7%25.9%
Put IV 25d42.7%22.5%59.1%43.9%51.5%
Bid-Ask Spread %129.13106.14140.74131.91115.59
Gamma HHI0.620.440.770.730.58
Net GEX22.0K2.6K56.8K2.6K37.4K
Net DEX-551.7K-1.5M-22.0K-22.0K-1.4M
Net VEX-1.1K-1.8K-201-201-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume170.3332741727217
Total OI338.6195265352653

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$26.44$0.0037.0%10.6%17.1%24.7%0.0%0.2%-8.8%2.6K-22.0K-2010.00131.91270520
2022-05-03$26.98$0.0035.5%10.2%18.9%23.2%0.0%2.1%-8.1%3.0K-29.8K-2390.00135.11270520
2022-05-04$27.74$0.0042.9%12.3%21.6%31.0%0.0%2.2%-12.2%3.5K-44.3K-2920.00137.091170530
2022-05-05$27.16$30.0051.4%10.1%22.6%39.9%25.6%15.0%-10.0%7.9K-110.8K-9460.00135.3711701530
2022-05-06$27.38$30.0026.2%7.6%22.8%13.4%24.9%6.2%-1.5%7.9K-118.7K-9880.00136.2111701530
2022-05-09$26.60$30.0078.1%13.8%24.6%68.1%29.7%17.8%-15.9%6.5K-109.4K-9150.00140.7411701530
2022-05-10$26.35$30.0054.1%10.0%24.4%42.8%24.2%1.7%-12.2%6.4K-70.9K-7110.00132.5811701530
2022-05-11$26.38$30.0022.4%6.4%24.3%9.4%24.4%-0.2%2.6%6.0K-79.4K-7790.00135.2711701530
2022-05-12$26.16$30.0035.2%10.1%24.2%22.9%25.7%1.9%-10.7%6.3K-75.6K-7420.00136.9011701530
2022-05-13$26.74$30.0030.1%8.6%25.8%17.5%23.4%2.4%-9.1%7.4K-76.8K-7430.00135.2911701530
2022-05-16$27.02$30.0037.3%10.7%26.2%25.1%19.8%17.7%-13.8%7.5K-100.3K-8920.00137.6141701530
2022-05-17$27.38$25.0036.0%10.3%26.5%23.7%45.3%16.1%-13.2%25.6K-714.2K-1.7K0.00139.6521704530
2022-05-18$26.99$25.0035.0%10.0%26.6%22.7%29.2%-2.9%-19.2%56.8K-940.6K-1.6K0.00137.4121705530
2022-05-19$26.99$25.0022.7%6.5%26.2%9.7%24.5%2.6%2.4%54.0K-960.3K-1.5K0.00134.9621705530
2022-05-20$26.94$25.0023.5%6.7%25.5%10.6%24.3%2.0%-9.8%54.1K-950.4K-1.4K0.00130.6421705530
2022-05-23$27.25$25.0032.6%9.4%25.0%20.2%23.3%27.5%-8.7%34.6K-917.9K-1.8K0.00112.6621705530
2022-05-24$27.44$25.0031.7%9.1%25.0%19.2%21.2%8.6%-5.9%36.1K-1.0M-1.5K0.00106.1421705530
2022-05-25$27.74$25.0038.5%11.0%25.3%26.3%20.2%22.2%-9.5%33.5K-1.1M-1.5K0.00117.6321705530
2022-05-26$27.95$25.0038.8%11.1%25.0%26.7%23.0%23.9%-9.4%37.9K-1.3M-1.7K0.00115.9521706530
2022-05-27$28.23$25.0024.1%6.9%23.5%11.2%25.2%7.1%-5.7%28.0K-1.5M-1.2K0.00106.9421706530
2022-05-31$28.00$25.0042.0%12.1%23.1%30.1%27.9%25.6%-12.8%37.4K-1.4M-1.6K0.00115.5921706530