EMLP Options History — September 2024

In September 2024, EMLP traded between $32.55 and $33.97. ATM implied volatility averaged 26.9%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 17.4% (HV 20d: 9.5%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2024-09-26: Largest IV spike — 54.4% change
  • 2024-09-10: Highest IV Rank — 40.1%
  • 2024-09-26: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.24$32.55$33.97$32.82$33.50
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV26.9%22.3%37.9%27.3%29.4%
Expected Move7.1%6.1%10.1%7.8%8.4%
HV 20d9.5%8.1%12.5%11.4%12.3%
HV 60d11.2%10.8%12.1%11.1%12.0%
IV Rank25.2%18.9%40.1%25.7%28.6%
IV Percentile43.9%17.9%86.1%51.2%62.3%
Term Structure-4.6%-10.1%0.4%-7.0%-8.2%
Skew 25d-13.3%-31.4%1.3%-22.6%-17.8%
Skew 10d-17.4%-35.0%-0.2%-26.2%-25.5%
Call IV 25d29.1%23.2%42.8%33.8%33.2%
Put IV 25d15.8%9.1%29.3%11.2%15.4%
Bid-Ask Spread %151.82113.93163.34113.93146.39
Gamma HHI0.300.230.390.330.23
Net GEX1.4K-1692.8K2.2K-120
Net DEX-55.3K-84.6K-1.5K-75.1K-2.1K
Net VEX-46-76-19-72-26
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI38.2652526

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$32.82$30.0027.3%7.8%11.4%25.7%0.0%-22.6%-7.0%2.2K-75.1K-720.00113.9300484
2024-09-04$32.75$30.0029.1%8.3%9.0%28.1%0.0%-24.4%-8.6%2.4K-74.1K-710.00131.5800484
2024-09-05$32.86$0.0029.1%6.2%9.0%28.1%0.0%-10.6%-4.4%2.1K-75.6K-690.00156.4300484
2024-09-06$32.55$0.0029.1%6.1%9.2%28.1%0.0%-12.0%-5.8%2.5K-71.1K-760.00155.8400484
2024-09-09$32.61$0.0035.6%6.8%8.9%37.0%0.0%-13.6%-4.1%1.9K-72.8K-580.00160.2800484
2024-09-10$32.67$0.0037.9%6.7%8.7%40.1%0.0%-12.3%-4.1%1.9K-73.6K-580.00160.5000484
2024-09-11$32.70$0.0024.0%6.9%8.6%21.2%0.0%-12.2%-3.3%1.7K-74.7K-520.00155.2300484
2024-09-12$32.89$0.0024.0%6.9%8.1%21.2%0.0%1.3%-5.0%2.4K-76.1K-620.00160.6000484
2024-09-13$33.25$0.0023.6%6.8%8.8%20.7%0.0%0.9%-7.1%2.8K-79.4K-680.00161.0900484
2024-09-16$33.59$0.0023.1%6.6%9.2%20.0%0.0%-16.0%-0.8%1.9K-84.6K-390.00152.8200484
2024-09-17$33.55$0.0022.8%6.5%9.2%19.6%0.0%-16.7%-0.8%1.7K-84.2K-360.00153.4700484
2024-09-18$33.45$0.0025.7%7.4%8.8%23.5%0.0%-0.2%-9.4%2.7K-83.1K-460.00161.1800484
2024-09-19$33.45$0.0025.1%7.2%8.8%22.7%0.0%-0.3%-6.9%2.7K-83.4K-380.00161.0200484
2024-09-20$33.67$0.0023.6%6.8%9.0%20.7%0.0%-0.1%-1.3%-133-83.0K-260.00160.4100484
2024-09-23$33.95$0.0023.6%6.8%9.1%20.7%0.0%-20.2%-0.9%-92-3.1K-210.00145.710024
2024-09-24$33.97$0.0022.3%6.4%9.1%18.9%0.0%-20.4%0.4%96-3.4K-190.00144.490024
2024-09-25$33.89$0.0022.7%6.5%8.7%19.5%0.0%-21.2%-1.0%-80-3.0K-220.00145.170024
2024-09-26$33.14$0.0035.1%10.1%12.1%36.3%0.0%-31.4%-10.1%-130-1.5K-290.00163.340024
2024-09-27$33.52$0.0025.4%7.3%12.5%23.1%0.0%-16.1%-3.3%-169-2.4K-230.00146.920024
2024-09-30$33.50$0.0029.4%8.4%12.3%28.6%0.0%-17.8%-8.2%-120-2.1K-260.00146.390024