EMLP Options History — April 2024

In April 2024, EMLP traded between $28.30 and $29.74. ATM implied volatility averaged 29.7%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 18.9% (HV 20d: 10.9%). Max pain ranged from $32.00 to $34.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-04-22: Highest Volume — 72 contracts
  • 2024-04-10: Largest IV drop — 45.2% change
  • 2024-04-09: Highest IV Rank — 42.5%
  • 2024-04-03: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.29$28.30$29.74$29.45$29.48
Max Pain$33.45$32.00$34.00$32.00$33.00
ATM IV29.7%22.0%43.0%32.6%33.5%
Expected Move7.7%6.3%9.6%9.3%9.6%
HV 20d10.9%9.4%12.7%9.7%12.0%
HV 60d11.5%11.0%11.9%11.4%11.7%
IV Rank23.0%11.7%42.5%27.2%28.5%
IV Percentile52.9%12.7%91.3%69.8%75.4%
Term Structure-7.4%-12.3%-4.2%-11.4%-12.3%
VWIV21.1%19.0%23.3%23.3%19.0%
Skew 25d-6.2%-25.3%4.0%-25.3%4.0%
Skew 10d-7.8%-26.6%2.3%-9.5%-17.1%
Call IV 25d32.3%25.6%40.3%38.1%35.4%
Put IV 25d26.1%10.1%40.1%12.7%39.4%
Bid-Ask Spread %155.11134.13162.94135.34162.22
Gamma HHI0.560.440.910.440.70
Net GEX8.0K55913.6K12.3K5.3K
Net DEX-38.4K-74.6K-4.5K-60.4K-25.5K
Net VEX-124-263-15-230-91
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.68207200
Total OI151.95528181181100

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$29.45$32.0032.6%9.3%9.7%27.2%0.0%-25.3%-11.4%12.3K-60.4K-2300.00135.34001810
2024-04-02$29.54$32.0033.0%9.5%9.5%27.9%0.0%-0.2%-9.8%13.2K-74.6K-2630.00134.13001810
2024-04-03$29.66$32.0033.5%9.6%9.5%28.6%0.0%-22.0%-10.5%13.6K-68.6K-2380.00135.02001810
2024-04-04$29.45$34.0035.2%6.6%9.7%31.0%0.0%-15.7%-5.0%12.2K-60.3K-2040.00155.53001810
2024-04-05$29.52$34.0035.8%6.7%9.6%32.0%0.0%-15.0%-4.3%12.8K-67.5K-2220.00160.36001810
2024-04-08$29.59$34.0039.2%6.7%9.5%37.0%0.0%0.1%-4.9%11.6K-44.7K-1460.00161.59001810
2024-04-09$29.51$34.0043.0%6.8%9.4%42.5%0.0%-0.1%-4.8%12.8K-66.8K-1920.00162.10001810
2024-04-10$29.23$34.0023.5%6.8%10.1%14.0%0.0%0.3%-7.2%9.5K-38.3K-1140.00162.18001810
2024-04-11$29.20$34.0022.2%6.4%10.1%11.9%0.0%0.8%-4.3%8.7K-32.3K-990.00154.88001810
2024-04-12$28.88$34.0022.0%6.3%9.9%11.7%0.0%-10.2%-4.2%7.2K-29.3K-740.00155.18001810
2024-04-15$28.54$34.0023.4%6.7%10.7%13.8%0.0%-16.5%-6.9%5.5K-20.8K-500.00149.52001810
2024-04-16$28.30$34.0025.4%7.3%10.9%16.7%0.0%0.1%-7.8%5.6K-23.8K-510.00159.89001810
2024-04-17$28.54$34.0026.9%7.7%11.1%18.9%0.0%0.5%-6.5%7.1K-31.9K-570.00162.31001810
2024-04-18$28.73$34.0025.8%7.4%11.2%17.2%0.0%0.8%-6.3%7.9K-36.1K-450.00162.93001810
2024-04-19$29.19$34.0026.0%7.4%12.5%17.5%23.3%-3.9%-6.4%559-4.5K-160.00154.32901810
2024-04-22$29.38$34.0026.1%7.5%12.6%17.6%19.0%-18.4%-6.9%715-4.8K-150.00150.48720280
2024-04-23$29.48$33.0028.6%8.2%12.7%21.3%0.0%0.3%-5.9%5.7K-29.9K-1250.00160.32001000
2024-04-24$29.66$33.0028.4%8.1%12.7%21.1%0.0%-15.9%-8.0%5.7K-26.9K-1190.00154.26001000
2024-04-25$29.73$33.0028.6%8.2%12.2%21.3%0.0%-0.1%-9.1%6.2K-31.0K-1190.00157.29001000
2024-04-26$29.61$33.0029.7%8.5%11.5%23.0%0.0%-0.4%-10.0%6.1K-33.4K-1320.00162.94001000
2024-04-29$29.74$33.0031.1%8.9%11.6%25.1%0.0%0.2%-11.3%6.3K-33.2K-1190.00159.71001000
2024-04-30$29.48$33.0033.5%9.6%12.0%28.5%0.0%4.0%-12.3%5.3K-25.5K-910.00162.22001000