EMLP Options History — December 2022

In December 2022, EMLP traded between $26.45 and $27.79. ATM implied volatility averaged 40.7%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 23.5% (HV 20d: 17.2%). Max pain ranged from $30.00 to $30.00. 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

2022-12-07: Highest Volume — 400 contracts
2022-12-28: Largest IV spike — 92.4% change
2022-12-09: Highest IV Rank — 53.7%
2022-12-02: Largest Expected Move — 14.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$27.00	$26.45	$27.79	$27.79	$26.62
Max Pain	$30.00	$30.00	$30.00	$30.00	$30.00
ATM IV	40.7%	18.9%	65.5%	47.1%	42.8%
Expected Move	10.7%	6.4%	14.5%	13.5%	12.3%
HV 20d	17.2%	14.9%	20.7%	20.0%	14.9%
HV 60d	22.8%	19.0%	25.3%	25.3%	19.0%
IV Rank	26.9%	3.3%	53.7%	33.8%	29.2%
IV Percentile	56.7%	0.4%	96.0%	82.5%	74.2%
Term Structure	-6.9%	-17.3%	22.3%	-16.1%	-10.6%
Skew 25d	4.0%	0.2%	11.3%	1.0%	3.2%
Skew 10d	-2.7%	-48.2%	3.9%	3.6%	3.2%
Call IV 25d	38.9%	20.0%	58.0%	56.9%	48.2%
Put IV 25d	42.8%	21.8%	60.5%	57.9%	51.4%
Bid-Ask Spread %	139.43	128.67	147.06	138.54	141.85
Gamma HHI	0.89	0.64	1.00	0.64	0.99
Net GEX	38.6K	32.7K	43.3K	38.8K	37.7K
Net DEX	-1.2M	-1.4M	-1.1M	-1.4M	-1.2M
Net VEX	-2.7K	-3.0K	-2.2K	-2.9K	-2.5K
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	19.238	0	400	0	0
Total OI	684	609	740	740	611

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	Call OI
2022-12-01	$27.79	$30.00	47.1%	13.5%	20.0%	33.8%	0.0%	1.0%	-16.1%	38.8K	-1.4M	-2.9K	138.54	0	740
2022-12-02	$27.73	$30.00	50.5%	14.5%	20.1%	37.5%	0.0%	2.5%	-17.3%	38.8K	-1.4M	-2.9K	128.67	0	740
2022-12-05	$27.41	$0.00	56.2%	9.9%	20.6%	43.7%	0.0%	3.0%	-6.7%	39.8K	-1.3M	-2.9K	136.91	0	740
2022-12-06	$27.18	$0.00	58.0%	10.2%	20.7%	45.5%	0.0%	3.3%	-7.3%	40.0K	-1.3M	-2.9K	140.01	0	740
2022-12-07	$27.06	$0.00	33.2%	8.8%	20.6%	18.8%	0.0%	0.2%	-7.0%	43.0K	-1.3M	-2.6K	137.82	400	740
2022-12-08	$27.02	$0.00	63.5%	10.0%	18.9%	51.5%	0.0%	2.8%	-8.0%	40.4K	-1.2M	-3.0K	142.55	0	737
2022-12-09	$26.80	$0.00	65.5%	10.0%	15.5%	53.7%	0.0%	3.2%	-8.1%	41.0K	-1.2M	-2.9K	129.36	0	737
2022-12-12	$27.19	$0.00	19.8%	10.3%	16.4%	4.3%	0.0%	1.9%	-9.2%	37.8K	-1.3M	-2.5K	142.18	2	737
2022-12-13	$27.49	$0.00	18.9%	10.1%	16.8%	3.3%	0.0%	3.4%	-7.5%	34.5K	-1.3M	-2.5K	140.65	0	739
2022-12-14	$27.37	$0.00	36.0%	10.3%	16.9%	21.8%	0.0%	2.8%	-9.3%	34.8K	-1.3M	-2.7K	142.45	0	739
2022-12-15	$27.05	$0.00	36.0%	10.3%	17.4%	21.9%	0.0%	3.4%	22.3%	39.5K	-1.2M	-2.7K	141.76	0	739
2022-12-16	$26.70	$0.00	41.6%	11.9%	17.3%	27.9%	0.0%	2.9%	-6.1%	32.7K	-1.1M	-2.9K	147.06	0	739
2022-12-19	$26.45	$0.00	37.2%	10.7%	16.6%	23.2%	0.0%	11.2%	-5.8%	37.3K	-1.1M	-2.8K	141.03	2	609
2022-12-20	$26.63	$0.00	38.1%	10.9%	16.8%	24.1%	0.0%	4.8%	-6.6%	36.7K	-1.1M	-2.7K	142.47	0	611
2022-12-21	$26.91	$0.00	37.9%	10.9%	15.4%	23.8%	0.0%	3.9%	-6.8%	36.3K	-1.2M	-2.7K	143.32	0	611
2022-12-22	$26.61	$0.00	34.0%	9.7%	15.8%	19.6%	0.0%	11.3%	-7.1%	42.2K	-1.1M	-2.7K	134.19	0	611
2022-12-23	$26.81	$0.00	31.9%	9.2%	15.8%	17.5%	0.0%	6.5%	-5.3%	40.2K	-1.2M	-2.5K	135.19	0	611
2022-12-27	$26.91	$0.00	22.2%	6.4%	14.9%	6.9%	0.0%	4.7%	-3.3%	43.3K	-1.3M	-2.2K	139.37	0	611
2022-12-28	$26.48	$0.00	42.7%	12.2%	15.7%	29.0%	0.0%	5.3%	-10.3%	38.1K	-1.1M	-2.6K	141.33	0	611
2022-12-29	$26.73	$0.00	41.3%	11.8%	14.9%	27.6%	0.0%	2.1%	-9.0%	37.2K	-1.2M	-2.5K	141.36	0	611
2022-12-30	$26.62	$0.00	42.8%	12.3%	14.9%	29.2%	0.0%	3.2%	-10.6%	37.7K	-1.2M	-2.5K	141.85	0	611