EMLP Options History — October 2023

In October 2023, EMLP traded between $25.37 and $26.88. ATM implied volatility averaged 31.1%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 14.9% (HV 20d: 16.2%). Max pain ranged from $26.00 to $31.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-10-17: Highest Volume — 1 contracts
  • 2023-10-18: Largest IV spike — 207.4% change
  • 2023-10-18: Highest IV Rank — 85.9%
  • 2023-10-18: Largest Expected Move — 23.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.23$25.37$26.88$25.62$26.26
Max Pain$27.59$26.00$31.00$31.00$28.00
ATM IV31.1%14.1%82.2%32.1%22.6%
Expected Move8.1%4.0%23.6%9.2%6.5%
HV 20d16.2%13.3%17.4%15.8%13.3%
HV 60d12.5%11.7%13.0%12.2%13.0%
IV Rank21.5%0.0%85.9%22.6%10.7%
IV Percentile39.3%0.0%99.6%52.4%10.3%
Term Structure-4.4%-24.1%7.0%-13.9%-7.5%
VWIV31.5%31.5%31.5%31.5%31.5%
Skew 25d-7.5%-31.5%4.4%-31.5%-11.8%
Skew 10d-8.0%-34.2%30.3%-34.2%-18.6%
Call IV 25d35.5%18.8%115.0%41.8%27.0%
Put IV 25d28.0%10.3%119.5%10.3%15.2%
Bid-Ask Spread %130.33110.79155.01110.79114.11
Gamma HHI0.660.341.000.341.00
Net GEX773943.7K501104
Net DEX-5.3K-58.0K-332-2.1K-332
Net VEX-11-57-1-9-1
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0450100
Total OI61.545190901

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$25.62$31.0032.1%9.2%15.8%22.6%0.0%-31.5%-13.9%501-2.1K-90.00110.7900900
2023-10-03$25.52$31.0038.7%11.1%15.7%30.9%0.0%0.3%-13.2%1.1K-5.4K-250.00135.4700900
2023-10-04$25.37$31.0036.6%10.5%15.2%28.3%0.0%0.5%-11.9%876-4.1K-200.00134.1600900
2023-10-05$25.45$26.0024.6%4.8%14.6%13.1%0.0%1.3%5.2%242-1.4K-50.00136.1500900
2023-10-06$25.73$26.0035.2%5.8%15.3%26.4%0.0%2.4%3.8%571-2.8K-120.00136.3100900
2023-10-09$26.05$26.0034.6%5.0%16.2%25.7%0.0%-4.1%4.7%760-3.2K-120.00138.3300900
2023-10-10$26.34$26.0046.8%5.9%16.4%41.1%0.0%1.9%6.3%994-4.5K-170.00140.9200900
2023-10-11$26.66$26.0026.7%7.7%17.1%15.8%0.0%1.5%-4.8%909-4.3K-140.00140.8900900
2023-10-12$26.39$26.0014.1%4.0%16.5%0.0%0.0%0.4%7.0%1.0K-4.3K-130.00139.9200900
2023-10-13$26.57$26.0016.8%4.8%16.8%3.5%0.0%1.0%3.6%1.9K-8.4K-270.00139.6200900
2023-10-16$26.88$26.0026.7%7.6%17.4%15.9%0.0%-12.2%-5.3%1.1K-4.7K-110.00124.5400900
2023-10-17$26.84$26.0026.7%7.7%17.4%16.0%31.5%-11.3%-4.2%808-3.5K-70.00124.2510900
2023-10-18$26.69$28.0082.2%23.6%17.4%85.9%0.0%4.4%-24.1%3.7K-58.0K-570.00155.0100890
2023-10-19$26.57$28.0022.3%6.4%17.3%10.4%0.0%3.9%-1.1%1.7K-6.2K-90.00138.6200890
2023-10-20$26.36$28.0030.5%8.7%17.3%20.7%0.0%-2.9%-7.6%97-766-30.00132.4100890
2023-10-23$26.20$28.0031.1%8.9%17.3%21.5%0.0%-25.2%-7.0%97-633-20.00122.940010
2023-10-24$26.45$28.0032.8%9.4%16.6%23.7%0.0%-20.8%-8.7%109-699-20.00124.900010
2023-10-25$26.41$28.0033.1%9.5%16.5%24.1%0.0%-22.9%-8.7%107-688-20.00127.460010
2023-10-26$26.46$28.0023.4%6.7%16.4%11.8%0.0%-7.7%-0.1%122-510-20.00120.990010
2023-10-27$26.06$28.0024.5%7.0%17.1%13.2%0.0%-18.8%-6.7%94-376-10.00113.280010
2023-10-30$26.16$28.0023.1%6.6%13.4%11.4%0.0%-12.7%-1.7%98-346-10.00116.080010
2023-10-31$26.26$28.0022.6%6.5%13.3%10.7%0.0%-11.8%-7.5%104-332-10.00114.110010