EMLP Options History — May 2023

In May 2023, EMLP traded between $26.21 and $27.14. ATM implied volatility averaged 30.6%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 16.8% (HV 20d: 13.8%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2023-05-26: Highest Volume — 1 contracts
2023-05-11: Largest IV spike — 61.6% change
2023-05-09: Highest IV Rank — 35.2%
2023-05-03: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.70	$26.21	$27.14	$27.14	$26.21
Max Pain	$30.00	$30.00	$30.00	$30.00	$30.00
ATM IV	30.6%	17.4%	44.2%	36.4%	23.9%
Expected Move	8.0%	4.8%	11.7%	10.4%	6.9%
HV 20d	13.8%	10.8%	15.6%	10.8%	11.5%
HV 60d	13.9%	13.2%	14.5%	13.2%	13.7%
IV Rank	17.4%	0.0%	35.2%	25.0%	8.5%
IV Percentile	31.8%	0.0%	79.0%	50.8%	6.3%
Term Structure	-6.1%	-14.0%	4.3%	-10.5%	-0.1%
Skew 25d	1.5%	-24.7%	17.5%	-24.7%	12.3%
Skew 10d	1.5%	-31.5%	14.8%	-31.5%	4.3%
Call IV 25d	30.0%	18.9%	44.7%	36.9%	29.3%
Put IV 25d	31.5%	12.2%	47.1%	12.2%	41.6%
Bid-Ask Spread %	131.04	108.74	136.41	115.11	133.23
Gamma HHI	0.57	0.44	0.94	0.44	0.66
Net GEX	2.5K	2.1K	5.4K	2.5K	2.4K
Net DEX	-32.3K	-39.0K	-25.6K	-39.0K	-25.6K
Net VEX	-163	-190	-119	-190	-139
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	0.045	0	1	0	0
Total OI	37.591	30	41	41	31

Daily Data (22 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
2023-05-01	$27.14	$30.00	36.4%	10.4%	10.8%	25.0%	0.0%	-24.7%	-10.5%	2.5K	-39.0K	-190	115.11	0	41
2023-05-02	$26.56	$30.00	36.2%	10.4%	13.0%	24.7%	0.0%	-12.7%	-10.8%	2.4K	-31.0K	-168	108.74	0	41
2023-05-03	$26.46	$30.00	40.9%	11.7%	12.9%	30.8%	0.0%	17.5%	-14.0%	2.3K	-32.6K	-178	134.88	0	41
2023-05-04	$26.41	$0.00	40.5%	7.9%	11.8%	30.4%	0.0%	2.7%	-8.0%	2.3K	-32.3K	-177	134.49	0	41
2023-05-05	$26.86	$0.00	40.4%	7.6%	13.4%	30.2%	0.0%	-9.7%	-7.2%	2.4K	-36.2K	-182	126.02	0	41
2023-05-08	$26.80	$0.00	33.5%	4.8%	13.4%	21.1%	0.0%	-1.5%	0.7%	2.2K	-34.4K	-176	112.89	0	41
2023-05-09	$26.96	$0.00	44.2%	7.7%	13.3%	35.2%	0.0%	3.5%	-3.8%	2.9K	-29.3K	-156	135.74	0	41
2023-05-10	$26.99	$0.00	17.4%	5.0%	13.3%	0.0%	0.0%	0.0%	4.3%	2.6K	-28.7K	-154	132.00	0	41
2023-05-11	$26.74	$0.00	28.2%	8.1%	13.7%	14.2%	0.0%	3.1%	-9.0%	2.3K	-34.5K	-176	134.07	0	41
2023-05-12	$26.84	$0.00	28.2%	8.1%	13.7%	14.1%	0.0%	2.9%	-8.2%	2.4K	-36.0K	-176	136.41	0	41
2023-05-15	$27.13	$0.00	18.7%	5.4%	14.3%	1.6%	0.0%	-0.0%	-12.3%	5.4K	-34.1K	-119	132.31	0	41
2023-05-16	$26.66	$0.00	28.8%	8.3%	15.6%	15.0%	0.0%	2.2%	-10.0%	2.4K	-33.6K	-167	134.51	0	41
2023-05-17	$26.68	$0.00	18.2%	5.2%	15.6%	1.0%	0.0%	0.7%	0.3%	2.4K	-31.8K	-162	135.14	0	41
2023-05-18	$26.80	$0.00	29.3%	8.4%	15.6%	15.6%	0.0%	3.4%	1.8%	2.4K	-35.2K	-169	135.61	0	41
2023-05-19	$26.79	$0.00	30.3%	8.7%	15.5%	16.9%	0.0%	1.8%	-6.1%	2.1K	-33.9K	-167	136.27	0	41
2023-05-22	$26.79	$0.00	26.2%	7.5%	15.3%	11.6%	0.0%	6.4%	-3.3%	2.4K	-32.4K	-158	135.54	0	30
2023-05-23	$26.80	$0.00	31.8%	9.1%	15.0%	18.9%	0.0%	2.7%	-8.3%	2.2K	-33.8K	-165	135.69	0	30
2023-05-24	$26.63	$0.00	22.3%	6.4%	14.3%	6.3%	0.0%	14.3%	-3.4%	2.5K	-30.1K	-152	131.77	0	30
2023-05-25	$26.43	$0.00	25.0%	7.2%	13.9%	9.9%	0.0%	0.2%	-5.0%	2.4K	-28.3K	-147	130.39	0	30
2023-05-26	$26.36	$0.00	34.8%	10.0%	13.7%	22.8%	0.0%	5.7%	-9.4%	2.1K	-29.5K	-153	136.19	1	30
2023-05-30	$26.29	$0.00	38.7%	11.1%	13.7%	28.0%	0.0%	2.4%	-12.7%	2.1K	-29.0K	-151	135.93	0	31
2023-05-31	$26.21	$0.00	23.9%	6.9%	11.5%	8.5%	0.0%	12.3%	-0.1%	2.4K	-25.6K	-139	133.23	0	31