EMLP Options History — January 2024

In January 2024, EMLP traded between $26.88 and $27.99. ATM implied volatility averaged 27.9%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 16.7% (HV 20d: 11.1%). Max pain ranged from $30.00 to $31.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-01-26: Highest Volume — 39 contracts
  • 2024-01-09: Largest IV spike — 63.2% change
  • 2024-01-09: Highest IV Rank — 32.6%
  • 2024-01-31: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.44$26.88$27.99$27.82$27.26
Max Pain$30.60$30.00$31.00$30.00$31.00
ATM IV27.9%18.6%39.9%31.2%35.2%
Expected Move7.4%5.2%10.1%8.9%10.1%
HV 20d11.1%9.4%13.4%12.9%10.5%
HV 60d13.2%11.8%13.8%13.8%11.8%
IV Rank17.4%5.8%32.6%21.6%26.6%
IV Percentile40.7%4.0%88.1%59.5%77.0%
Term Structure-6.0%-13.4%-0.3%-12.7%-12.1%
VWIV26.8%24.0%29.2%24.0%28.2%
Skew 25d-9.9%-30.8%4.0%-27.6%-30.8%
Skew 10d-7.3%-27.9%15.2%-22.9%-27.9%
Call IV 25d30.1%18.9%42.4%39.4%42.4%
Put IV 25d20.2%11.3%33.3%11.8%11.6%
Bid-Ask Spread %132.43118.06142.91122.59122.97
Gamma HHI0.600.510.910.560.56
Net GEX3.4K08.1K5.8K2.0K
Net DEX-12.2K-38.4K0-22.5K-6.8K
Net VEX-38-1010-92-31
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.524039018
Total OI90.04801409675

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$27.82$30.0031.2%8.9%12.9%21.6%0.0%-27.6%-12.7%5.8K-22.5K-920.00122.5900960
2024-01-03$27.99$30.0032.6%9.3%13.1%23.4%24.0%-28.3%-10.4%6.7K-28.1K-1010.00123.16140960
2024-01-04$27.88$0.0026.5%5.4%12.5%15.7%0.0%4.0%-3.5%4.5K-11.2K-490.00139.583001100
2024-01-05$27.84$0.0033.8%6.6%12.6%24.9%0.0%1.8%-3.6%7.2K-23.5K-880.00140.67001400
2024-01-08$27.96$0.0024.5%5.2%12.5%13.2%0.0%0.7%-1.4%3.7K-6.9K-280.00136.94001400
2024-01-09$27.84$0.0039.9%7.0%12.6%32.6%0.0%1.0%-4.7%8.1K-30.1K-960.00142.75001400
2024-01-10$27.82$0.0018.6%5.3%12.5%5.8%0.0%-0.4%-1.4%5.0K-12.2K-420.00141.50001400
2024-01-11$27.43$0.0027.0%7.7%13.4%16.3%0.0%0.2%-4.7%7.4K-35.4K-940.00141.90001400
2024-01-12$27.62$0.0025.1%7.2%10.2%13.9%0.0%-4.5%-6.4%8.1K-38.4K-880.00142.91001400
2024-01-16$27.34$0.0028.0%8.0%10.8%17.5%0.0%0.6%-5.6%6.6K-28.5K-500.00140.33001400
2024-01-17$27.04$0.0023.5%6.7%10.3%11.9%0.0%0.2%-5.1%1.4K-2.8K-60.00138.69001400
2024-01-18$27.05$0.0021.8%6.2%10.0%9.7%0.0%0.3%-3.8%1.6K-3.2K-50.00137.88001400
2024-01-19$26.99$0.0020.9%6.0%9.8%8.7%0.0%0.0%-1.7%286-37600.00136.44001400
2024-01-22$27.02$0.0028.8%8.3%9.5%18.6%0.0%-22.7%-7.0%0000.00127.810000
2024-01-23$27.01$0.0029.9%8.6%9.4%19.9%0.0%-14.0%-8.1%0000.00132.680000
2024-01-24$26.88$0.0029.2%8.4%9.4%19.1%0.0%-24.4%-8.6%0000.00127.230000
2024-01-25$27.23$0.0021.5%6.2%10.4%9.4%0.0%-19.0%-0.3%0000.00122.740000
2024-01-26$27.36$0.0027.7%7.9%10.5%17.2%29.2%-10.2%-9.6%0000.00120.6739000
2024-01-29$27.44$31.0034.5%9.9%10.5%25.8%25.6%-25.3%-13.4%936-3.3K-170.00123.48360390
2024-01-30$27.48$31.0025.1%7.2%10.5%14.0%0.0%-9.3%-2.0%1.1K-2.5K-130.00118.0600750
2024-01-31$27.26$31.0035.2%10.1%10.5%26.6%28.2%-30.8%-12.1%2.0K-6.8K-310.00122.97180750