EMLP Options History — August 2024

In August 2024, EMLP traded between $30.88 and $32.98. ATM implied volatility averaged 34.1%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 20.0% (HV 20d: 14.1%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-08-26: Highest Volume — 21 contracts
  • 2024-08-14: Largest IV drop — 68.5% change
  • 2024-08-06: Highest IV Rank — 83.9%
  • 2024-08-06: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.19$30.88$32.98$31.98$32.98
Max Pain$30.45$30.00$35.00$35.00$30.00
ATM IV34.1%20.8%70.2%29.9%25.3%
Expected Move7.1%5.8%10.3%8.6%7.3%
HV 20d14.1%8.2%15.1%8.2%14.2%
HV 60d11.3%9.5%12.0%9.5%11.0%
IV Rank34.9%16.9%83.9%29.3%23.0%
IV Percentile51.8%9.1%98.8%62.7%37.7%
Term Structure-4.0%-13.3%25.7%-10.6%-5.2%
VWIV18.5%18.4%18.6%18.4%18.6%
Skew 25d-10.1%-29.9%1.5%0.8%-20.3%
Skew 10d-9.9%-30.9%34.6%11.8%-23.5%
Call IV 25d29.9%24.2%42.9%37.7%30.7%
Put IV 25d19.7%10.3%38.5%38.5%10.5%
Bid-Ask Spread %126.18103.89150.73150.73106.29
Gamma HHI0.430.300.590.360.32
Net GEX3.0K1.5K4.5K4.2K2.4K
Net DEX-66.3K-77.0K-53.6K-67.9K-77.0K
Net VEX-112-179-75-150-81
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume102100
Total OI48.81830575752

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$31.98$35.0029.9%8.6%8.2%29.3%0.0%0.8%-10.6%4.2K-67.9K-1500.00150.7300534
2024-08-02$31.57$35.0035.1%10.1%9.5%36.3%0.0%-20.5%-13.3%4.5K-64.4K-1370.00144.1500534
2024-08-05$30.88$30.0043.7%8.6%12.7%48.0%0.0%1.5%-6.6%3.8K-53.6K-1750.00143.9300534
2024-08-06$31.57$30.0070.2%10.3%14.8%83.9%0.0%-29.9%-8.8%3.9K-65.5K-1790.00145.1300534
2024-08-07$31.62$30.0040.6%6.0%14.8%43.7%0.0%0.1%-3.9%3.7K-58.1K-1330.00130.5000534
2024-08-08$31.96$30.0054.9%7.9%14.7%63.1%0.0%-19.4%-6.0%4.2K-63.6K-1510.00128.7700534
2024-08-09$31.79$30.0045.3%5.8%14.6%50.1%0.0%-8.2%-1.1%3.4K-60.5K-1210.00118.3600534
2024-08-12$31.66$30.0059.0%6.2%14.6%68.6%0.0%-11.8%-4.0%3.4K-57.4K-1220.00138.1300534
2024-08-13$31.82$30.0065.9%6.3%14.6%77.9%0.0%-8.9%-2.9%3.2K-60.2K-1130.00116.6800534
2024-08-14$32.16$30.0020.8%6.0%14.9%16.9%0.0%1.1%-10.8%4.5K-70.4K-1160.00124.6500534
2024-08-15$32.23$30.0021.6%6.2%14.9%18.0%0.0%0.5%25.7%4.3K-70.5K-1100.00140.4700534
2024-08-16$32.41$30.0022.1%6.3%15.0%18.7%0.0%0.6%-2.2%2.0K-64.7K-980.00140.2200534
2024-08-19$32.58$30.0022.5%6.5%14.7%19.2%0.0%0.1%-3.4%1.6K-66.6K-870.00131.7700264
2024-08-20$32.36$30.0023.2%6.7%14.9%20.2%0.0%-16.2%-3.1%1.9K-65.3K-920.00109.3200264
2024-08-21$32.45$30.0024.6%7.0%14.6%22.0%0.0%-15.2%-4.0%1.9K-66.4K-880.00114.3100264
2024-08-22$32.52$30.0024.3%7.0%14.5%21.7%18.4%-14.6%-4.1%1.9K-67.0K-870.00111.6410264
2024-08-23$32.75$30.0022.3%6.4%14.6%19.0%0.0%-10.3%-3.4%1.7K-70.3K-780.00108.9800274
2024-08-26$32.89$30.0022.9%6.6%14.6%19.7%18.6%0.7%-3.6%1.5K-71.0K-750.00131.16210274
2024-08-27$32.69$30.0026.0%7.5%14.8%23.9%0.0%-15.9%-4.9%2.8K-73.5K-970.00128.3600484
2024-08-28$32.53$30.0024.6%7.1%14.9%22.1%0.0%-16.9%-6.4%2.6K-71.2K-900.00108.5800484
2024-08-29$32.76$30.0024.4%7.0%15.1%21.8%0.0%-19.9%-4.9%2.0K-74.6K-750.00103.8900484
2024-08-30$32.98$30.0025.3%7.3%14.2%23.0%0.0%-20.3%-5.2%2.4K-77.0K-810.00106.2900484