EMLP Options History — March 2024

In March 2024, EMLP traded between $28.11 and $29.52. ATM implied volatility averaged 35.2%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 24.4% (HV 20d: 10.8%). Max pain ranged from $32.00 to $32.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-21: Highest Volume — 54 contracts
  • 2024-03-13: Largest IV drop — 66.7% change
  • 2024-03-12: Highest IV Rank — 74.0%
  • 2024-03-01: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.79$28.11$29.52$28.11$29.52
Max Pain$32.00$32.00$32.00$32.00$32.00
ATM IV35.2%23.8%72.7%34.8%28.6%
Expected Move7.4%6.4%10.0%10.0%8.2%
HV 20d10.8%8.2%13.6%13.6%9.5%
HV 60d11.6%11.1%12.4%12.4%11.5%
IV Rank28.0%12.9%74.0%26.1%21.4%
IV Percentile56.3%20.2%98.4%77.0%52.4%
Term Structure-6.3%-13.1%-3.6%-13.1%-7.8%
VWIV17.0%16.9%17.1%16.9%17.1%
Skew 25d-15.3%-25.8%1.4%-25.8%-19.5%
Skew 10d-14.1%-24.9%7.1%-19.3%-22.7%
Call IV 25d30.1%23.3%44.1%44.1%33.9%
Put IV 25d14.7%9.7%30.0%18.3%14.4%
Bid-Ask Spread %128.21122.25136.27129.72132.48
Gamma HHI0.640.490.920.920.50
Net GEX5.7K1.8K11.8K1.8K11.8K
Net DEX-26.5K-55.3K-8.2K-8.5K-55.3K
Net VEX-124-231-16-31-231
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.85054018
Total OI136109163109163

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$28.11$32.0034.8%10.0%13.6%26.1%0.0%-25.8%-13.1%1.8K-8.5K-310.00129.72001090
2024-03-04$28.32$32.0040.9%6.4%13.5%33.9%0.0%-5.3%-5.2%2.1K-9.7K-330.00125.81001090
2024-03-05$28.36$32.0042.2%6.7%12.6%35.5%0.0%-4.9%-7.6%2.4K-10.7K-370.00122.25001090
2024-03-06$28.63$32.0045.0%7.2%12.6%39.0%0.0%-16.5%-6.0%4.8K-22.0K-1110.00128.64001090
2024-03-07$28.77$32.0046.2%7.1%12.6%40.5%16.9%-15.9%-5.5%5.1K-23.0K-1110.00130.614501090
2024-03-08$28.68$32.0048.6%7.2%12.7%43.6%0.0%1.4%-6.2%7.7K-42.3K-2170.00136.27001540
2024-03-11$28.84$32.0063.0%7.3%12.7%61.7%0.0%-15.1%-6.9%7.5K-35.1K-1570.00124.71001540
2024-03-12$28.80$32.0072.7%7.4%12.0%74.0%0.0%-15.8%-6.8%6.7K-29.4K-1480.00124.89001540
2024-03-13$28.88$32.0024.2%6.9%9.9%12.9%0.0%-11.0%-7.1%2.2K-8.2K-160.00122.78001540
2024-03-14$28.52$32.0025.3%7.2%11.4%14.2%0.0%-18.8%-4.7%5.8K-25.9K-1050.00122.65001540
2024-03-15$28.66$32.0026.7%7.7%9.9%18.6%0.0%-19.0%-4.3%4.1K-20.5K-1120.00126.29001540
2024-03-18$28.80$32.0027.2%7.8%9.7%19.2%0.0%-17.4%-5.2%4.4K-21.6K-1200.00122.56001090
2024-03-19$28.99$32.0026.4%7.6%9.8%18.2%0.0%-20.0%-4.5%4.3K-19.1K-1030.00123.95001090
2024-03-20$29.12$32.0025.3%7.2%9.1%16.5%0.0%-10.7%-3.6%5.4K-27.7K-1370.00127.93001090
2024-03-21$28.98$32.0023.8%6.8%9.4%14.3%17.1%-8.4%-5.0%5.2K-24.4K-1150.00132.725401090
2024-03-22$28.88$32.0025.0%7.2%9.5%16.1%0.0%-19.9%-5.7%8.1K-34.8K-1760.00133.96001630
2024-03-25$28.93$32.0026.0%7.5%8.2%17.6%0.0%-22.0%-7.1%8.0K-33.6K-1660.00128.80001630
2024-03-26$28.84$32.0026.2%7.5%8.4%17.8%0.0%-23.5%-6.6%7.4K-30.5K-1400.00131.89001630
2024-03-27$29.16$32.0026.5%7.6%8.9%18.3%0.0%-18.4%-7.5%9.9K-46.7K-2080.00135.30001630
2024-03-28$29.52$32.0028.6%8.2%9.5%21.4%0.0%-19.5%-7.8%11.8K-55.3K-2310.00132.481801630