EMLP Options History — September 2022

In September 2022, EMLP traded between $25.00 and $28.71. ATM implied volatility averaged 43.3%, placing in the 29.7% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 23.5% (HV 20d: 19.7%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2022-09-06: Highest Volume — 519 contracts
  • 2022-09-14: Largest IV drop — 70.5% change
  • 2022-09-13: Highest IV Rank — 78.6%
  • 2022-09-02: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.21$25.00$28.71$27.66$25.00
Max Pain$29.24$28.00$30.00$28.00$30.00
ATM IV43.3%26.1%88.6%44.4%28.2%
Expected Move9.1%6.3%13.1%12.7%8.1%
HV 20d19.7%14.4%30.1%14.6%30.1%
HV 60d19.7%17.2%22.0%21.9%21.7%
IV Rank29.7%11.2%78.6%30.8%13.4%
IV Percentile55.2%8.3%98.8%80.6%13.9%
Term Structure-3.7%-19.3%10.3%-15.8%-6.7%
VWIV42.3%20.3%65.9%35.4%48.1%
Skew 25d1.5%-3.3%15.1%2.3%-0.5%
Skew 10d2.4%-9.5%18.1%4.0%1.9%
Call IV 25d38.3%29.0%57.7%55.2%32.2%
Put IV 25d39.9%27.5%58.0%57.5%31.6%
Bid-Ask Spread %138.10130.49141.72141.63136.86
Gamma HHI0.480.360.780.410.78
Net GEX34.7K27.9K38.1K35.1K27.9K
Net DEX-916.0K-1.2M-560.9K-985.4K-560.9K
Net VEX-3.1K-3.5K-2.8K-3.5K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume222.23805190518
Total OI628.286627630628627

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-09-01$27.66$28.0044.4%12.7%14.6%30.8%0.0%2.3%-15.8%35.1K-985.4K-3.5K0.00141.63006280
2022-09-02$27.76$28.0045.9%13.1%14.6%32.5%0.0%0.2%-19.3%35.6K-1.0M-3.4K0.00140.24006290
2022-09-06$27.71$30.0053.6%7.6%14.5%40.8%35.4%-0.4%-2.0%34.9K-953.6K-3.4K0.00137.0051906290
2022-09-07$28.05$28.0052.0%6.8%15.0%39.1%32.3%1.3%4.9%36.5K-1.0M-3.3K0.00135.2351906300
2022-09-08$28.05$28.0058.2%6.4%14.4%45.7%0.0%3.3%8.8%36.5K-997.1K-3.2K0.00138.16006300
2022-09-09$28.48$28.0062.2%6.3%15.1%50.1%0.0%1.7%10.3%37.6K-1.1M-3.1K0.00141.72006300
2022-09-12$28.71$28.0078.6%8.6%14.9%67.8%0.0%1.0%-6.1%37.9K-1.2M-3.1K0.00136.90006300
2022-09-13$28.08$28.0088.6%6.7%16.9%78.6%35.3%-0.2%7.1%38.1K-1.1M-3.1K0.00139.3551906300
2022-09-14$28.48$28.0026.1%7.5%17.5%11.2%20.3%1.4%3.9%37.5K-1.1M-3.0K0.00139.94106300
2022-09-15$28.10$30.0031.8%9.1%18.1%17.3%0.0%1.1%-6.0%36.6K-1.1M-3.1K0.00140.63006290
2022-09-16$27.75$30.0032.0%9.2%18.0%17.5%38.2%1.0%-5.4%36.6K-1.0M-3.2K0.00140.2051906290
2022-09-19$28.01$30.0031.9%9.1%18.3%17.4%0.0%2.2%-5.3%36.4K-1.0M-3.2K0.00138.20006270
2022-09-20$27.80$30.0033.6%9.6%18.3%19.2%0.0%0.4%-6.8%36.3K-1.0M-3.1K0.00140.85006270
2022-09-21$27.47$30.0034.2%9.8%18.2%19.8%0.0%2.0%-6.4%34.6K-921.0K-3.1K0.00138.43006270
2022-09-22$27.27$30.0030.8%8.8%18.1%16.2%0.0%1.8%-5.2%37.2K-916.3K-3.0K0.00135.66006270
2022-09-23$25.77$30.0038.9%11.2%26.0%25.0%0.0%15.1%-7.6%32.3K-686.6K-3.0K0.00138.68006270
2022-09-26$25.17$30.0027.6%7.9%26.6%12.8%43.0%-3.3%3.7%29.5K-596.0K-2.9K0.00130.4951806270
2022-09-27$25.03$30.0027.8%8.0%26.4%13.0%45.0%-1.0%-2.9%28.2K-573.4K-2.9K0.00134.1551806270
2022-09-28$25.82$30.0040.0%11.5%29.0%26.1%59.4%2.4%-11.0%33.4K-713.5K-3.0K0.00136.8351806270
2022-09-29$25.14$30.0042.8%12.3%30.1%29.1%65.9%0.3%-10.9%29.6K-615.0K-3.0K0.00139.0451806270
2022-09-30$25.00$30.0028.2%8.1%30.1%13.4%48.1%-0.5%-6.7%27.9K-560.9K-2.8K0.00136.8651806270