EMLP Options History — May 2024

In May 2024, EMLP traded between $29.46 and $31.09. ATM implied volatility averaged 33.0%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 22.9% (HV 20d: 10.2%). Max pain ranged from $33.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-05-06: Highest Volume — 45 contracts
  • 2024-05-15: Largest IV drop — 70.6% change
  • 2024-05-14: Highest IV Rank — 85.9%
  • 2024-05-03: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.39$29.46$31.09$29.46$30.59
Max Pain$34.71$33.00$35.00$33.00$35.00
ATM IV33.0%21.2%72.5%34.6%28.3%
Expected Move6.9%5.4%10.0%9.9%8.1%
HV 20d10.2%7.0%12.1%11.9%11.5%
HV 60d10.6%9.5%11.5%11.4%10.9%
IV Rank27.9%10.5%85.9%30.1%21.0%
IV Percentile51.2%7.5%98.8%77.4%54.0%
Term Structure-8.2%-19.4%29.1%-14.6%-19.4%
VWIV18.1%18.1%18.1%18.1%18.1%
Skew 25d-2.4%-15.2%4.3%3.6%4.3%
Skew 10d-4.1%-25.3%35.9%2.2%-20.1%
Call IV 25d29.3%24.6%38.2%37.4%30.9%
Put IV 25d26.9%12.0%41.0%41.0%35.2%
Bid-Ask Spread %141.17133.08161.69161.69138.38
Gamma HHI0.570.400.980.700.42
Net GEX6.3K1.6K12.5K5.4K3.3K
Net DEX-35.3K-60.3K-2.2K-27.7K-35.2K
Net VEX-133-201-38-98-190
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.09104500
Total OI103.8644614510069

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$29.46$33.0034.6%9.9%11.9%30.1%0.0%3.6%-14.6%5.4K-27.7K-980.00161.69001000
2024-05-02$29.66$33.0032.6%9.3%11.9%27.2%0.0%0.5%-11.9%5.7K-27.2K-950.00158.83001000
2024-05-03$29.79$33.0034.7%10.0%11.9%30.4%0.0%-9.2%-13.2%5.7K-24.4K-800.00159.76001000
2024-05-06$29.95$0.0035.5%5.7%12.1%31.5%18.1%-7.8%-11.4%6.6K-31.0K-920.00136.864501000
2024-05-07$30.13$35.0037.7%5.4%12.1%34.7%0.0%0.6%-11.2%8.9K-42.5K-1500.00138.61001450
2024-05-08$30.29$35.0038.2%5.4%11.5%35.5%0.0%-0.6%-10.9%9.5K-44.8K-1370.00135.36001450
2024-05-09$30.56$35.0044.5%6.2%11.8%44.7%0.0%1.1%-10.4%11.0K-55.2K-1560.00136.05001450
2024-05-10$30.63$35.0047.5%6.2%10.7%49.2%0.0%-11.8%-11.1%11.2K-57.5K-1530.00133.08001450
2024-05-13$30.48$35.0066.8%5.5%9.6%77.4%0.0%0.3%-11.4%10.3K-49.8K-1170.00137.14001450
2024-05-14$30.63$35.0072.5%6.4%8.6%85.9%0.0%0.5%-12.0%10.5K-40.9K-940.00136.81001450
2024-05-15$30.82$35.0021.3%6.1%8.4%10.6%0.0%-9.8%-12.3%12.2K-59.1K-1020.00137.70001450
2024-05-16$30.84$35.0021.3%6.1%8.5%10.6%0.0%0.5%29.1%12.5K-60.3K-1020.00141.25001450
2024-05-17$30.94$35.0021.2%6.1%7.1%10.5%0.0%0.6%-2.3%2.5K-13.1K-630.00141.83001450
2024-05-20$30.98$35.0022.2%6.4%7.0%11.9%0.0%-12.7%-14.6%1.9K-8.8K-380.00139.1805460
2024-05-21$31.09$35.0022.4%6.4%7.0%12.3%0.0%-15.2%-14.7%1.6K-2.2K-850.00140.14180465
2024-05-22$30.66$35.0023.7%6.8%9.0%14.2%0.0%-0.1%-16.5%3.6K-37.8K-1990.00137.2700645
2024-05-23$30.23$35.0022.8%6.5%10.6%12.8%0.0%-0.5%0.7%3.2K-32.3K-2010.00140.0200645
2024-05-24$30.32$35.0022.7%6.5%10.5%12.7%0.0%0.6%0.7%3.4K-33.8K-1990.00140.0000645
2024-05-28$30.31$35.0024.1%6.9%10.4%14.8%0.0%0.7%-1.3%3.2K-32.4K-1880.00139.8700645
2024-05-29$29.98$35.0025.8%7.4%10.7%17.2%0.0%0.4%-6.0%3.0K-28.4K-1880.00138.3800645
2024-05-30$30.20$35.0026.2%7.5%10.9%17.8%0.0%0.6%-5.1%3.2K-31.7K-1920.00137.6500645
2024-05-31$30.59$35.0028.3%8.1%11.5%21.0%0.0%4.3%-19.4%3.3K-35.2K-1900.00138.3800645