EMLP Options History — April 2023

In April 2023, EMLP traded between $26.62 and $27.30. ATM implied volatility averaged 33.3%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 20.0% (HV 20d: 13.3%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-04-13: Highest Volume — 20 contracts
  • 2023-04-13: Largest IV spike — 147.8% change
  • 2023-04-13: Highest IV Rank — 56.5%
  • 2023-04-13: Largest Expected Move — 19.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.06$26.62$27.30$26.81$27.13
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV33.3%20.7%68.2%36.7%20.7%
Expected Move9.3%5.5%19.5%10.5%5.9%
HV 20d13.3%9.2%17.3%16.8%10.9%
HV 60d13.3%12.9%14.0%14.0%13.2%
IV Rank20.0%4.2%56.5%22.6%4.2%
IV Percentile34.4%2.8%96.4%51.6%2.8%
Term Structure-6.6%-20.4%3.8%-9.5%-4.3%
VWIV22.3%22.3%22.3%22.3%22.3%
Skew 25d-20.5%-65.5%1.4%-17.3%-10.4%
Skew 10d-25.0%-71.1%-3.2%-34.6%-15.9%
Call IV 25d35.1%19.6%79.0%42.0%23.7%
Put IV 25d14.6%11.0%24.6%24.6%13.3%
Bid-Ask Spread %119.85109.60142.34120.06109.95
Gamma HHI0.650.401.001.000.54
Net GEX1.7K5872.6K6032.6K
Net DEX-26.2K-41.8K-6.0K-7.1K-36.6K
Net VEX-141-211-51-60-180
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.63202000
Total OI28.52610411041

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$26.81$0.0036.7%10.5%16.8%22.6%0.0%-17.3%-9.5%603-7.1K-600.00120.0600100
2023-04-04$26.62$0.0036.7%10.5%16.6%22.6%0.0%-22.2%-9.8%604-6.0K-510.00119.9500100
2023-04-05$26.98$0.0036.6%10.5%17.3%22.5%0.0%-30.5%-9.9%634-7.3K-600.00115.7200100
2023-04-06$26.96$0.0037.8%8.0%17.0%23.8%0.0%-15.2%-4.5%587-8.0K-630.00119.9400100
2023-04-10$27.01$0.0028.1%8.3%15.6%13.2%0.0%1.4%3.8%591-8.2K-620.00130.1300100
2023-04-11$27.21$0.0028.5%5.5%15.7%13.7%0.0%-7.1%2.4%728-6.8K-550.00115.0500100
2023-04-12$27.23$0.0027.5%7.9%15.7%12.7%22.3%-13.9%-3.3%667-7.9K-630.00118.35110100
2023-04-13$27.27$30.0068.2%19.5%13.9%56.5%0.0%-65.5%-13.8%991-19.5K-1010.00142.34200210
2023-04-14$27.20$30.0028.7%8.2%13.8%13.9%0.0%-11.1%-4.7%2.6K-41.8K-2110.00125.0400410
2023-04-17$27.16$30.0029.3%8.4%12.8%17.4%0.0%-20.6%-4.2%2.5K-40.2K-2030.00114.4600410
2023-04-18$27.18$30.0030.1%8.6%12.6%18.5%0.0%-21.1%-6.4%2.5K-40.9K-2050.00118.1900410
2023-04-19$27.14$30.0030.6%8.8%12.5%19.2%0.0%-22.5%-5.4%2.6K-40.2K-2030.00119.5200410
2023-04-20$26.99$30.0030.5%8.7%11.5%19.0%0.0%-22.9%-5.0%2.4K-38.6K-2000.00118.2700410
2023-04-21$27.13$30.0031.3%9.0%9.2%20.0%0.0%-22.6%-20.4%2.5K-39.9K-2010.00118.3500410
2023-04-24$27.30$30.0033.0%9.5%9.3%20.4%0.0%-23.0%-7.8%2.6K-41.7K-2040.00120.4000410
2023-04-25$27.06$30.0038.5%11.0%9.6%27.7%0.0%-32.1%-9.5%2.4K-40.7K-2040.00125.1000410
2023-04-26$26.69$30.0027.4%7.8%11.0%13.0%0.0%-6.9%-5.3%2.3K-28.5K-1690.00109.6000410
2023-04-27$26.99$30.0032.6%9.4%10.8%20.0%0.0%-26.0%-7.6%2.4K-37.7K-1930.00116.6500410
2023-04-28$27.13$30.0020.7%5.9%10.9%4.2%0.0%-10.4%-4.3%2.6K-36.6K-1800.00109.9500410