EMLP Options History — June 2025

In June 2025, EMLP traded between $36.94 and $37.55. ATM implied volatility averaged 24.1%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 13.0% (HV 20d: 11.1%). Max pain ranged from $34.00 to $42.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.05.

Notable Days

2025-06-18: Highest Volume — 200 contracts
2025-06-09: Largest IV spike — 31.9% change
2025-06-30: Highest IV Rank — 29.0%
2025-06-30: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.24	$36.94	$37.55	$37.12	$37.41
Max Pain	$39.60	$34.00	$42.00	$34.00	$40.00
ATM IV	24.1%	17.5%	28.3%	23.1%	28.3%
Expected Move	6.9%	6.1%	8.1%	6.6%	8.1%
HV 20d	11.1%	9.7%	12.5%	11.2%	9.7%
HV 60d	25.1%	24.8%	25.6%	25.4%	24.8%
IV Rank	22.9%	13.3%	29.0%	21.4%	29.0%
IV Percentile	39.5%	3.6%	67.1%	26.6%	67.1%
Term Structure	-3.3%	-9.5%	18.2%	-0.1%	-9.5%
VWIV	22.2%	18.0%	26.3%	26.2%	26.3%
Skew 25d	-2.6%	-16.3%	9.2%	0.0%	2.5%
Skew 10d	-7.6%	-20.1%	12.0%	-13.6%	-6.8%
Call IV 25d	25.4%	17.8%	29.4%	24.5%	29.4%
Put IV 25d	22.9%	11.4%	33.1%	24.5%	31.9%
Bid-Ask Spread %	154.92	122.04	163.28	134.24	156.74
Gamma HHI	0.81	0.75	0.91	0.80	0.80
Net GEX	169.8K	65.9K	301.5K	165.3K	69.0K
Net DEX	-1.3M	-1.9M	-714.7K	-1.4M	-781.3K
Net VEX	-3.4K	-4.1K	-2.7K	-4.1K	-2.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.05	0.00	0.83	0.00	0.00
Total Volume	25.7	0	200	1	71
Total OI	718.5	449	860	811	449

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-06-02	$37.12	$34.00	23.1%	6.6%	11.2%	21.4%	26.2%	0.0%	-0.1%	165.3K	-1.4M	-4.1K	0.00	134.24	1	0	784	27
2025-06-03	$37.49	$34.00	25.1%	7.2%	11.0%	24.3%	18.0%	4.6%	0.7%	162.3K	-1.7M	-4.1K	0.00	122.04	32	0	785	27
2025-06-04	$36.94	$34.00	21.5%	6.2%	12.5%	19.2%	18.2%	9.2%	0.7%	199.4K	-1.4M	-4.1K	0.00	127.13	9	0	817	27
2025-06-05	$37.06	$42.00	24.3%	6.2%	12.1%	23.3%	0.0%	-9.8%	-1.2%	165.9K	-1.5M	-4.0K	0.00	163.23	69	0	826	27
2025-06-06	$37.18	$42.00	17.5%	6.1%	12.2%	13.3%	0.0%	-8.1%	-2.4%	197.0K	-1.5M	-4.0K	0.83	162.84	6	5	811	27
2025-06-09	$37.02	$42.00	23.1%	6.2%	12.2%	21.4%	0.0%	-9.8%	-4.5%	236.5K	-1.4M	-3.7K	0.00	160.65	2	0	815	32
2025-06-10	$37.02	$42.00	24.1%	6.1%	12.2%	22.9%	0.0%	-8.9%	-3.4%	228.4K	-1.4M	-3.6K	0.00	161.46	1	0	813	32
2025-06-11	$37.30	$42.00	21.8%	6.2%	11.7%	19.6%	26.3%	2.5%	1.5%	235.7K	-1.6M	-3.7K	0.00	162.04	37	0	814	32
2025-06-12	$37.50	$40.00	22.8%	6.5%	11.6%	21.0%	0.0%	1.6%	-8.1%	249.9K	-1.9M	-3.6K	0.00	163.28	6	0	828	32
2025-06-13	$37.44	$40.00	23.1%	6.6%	11.2%	21.5%	0.0%	1.4%	-8.9%	180.9K	-1.7M	-3.6K	0.00	161.61	2	0	826	32
2025-06-16	$37.19	$40.00	24.3%	7.0%	11.3%	23.2%	0.0%	-9.6%	-5.7%	265.3K	-1.6M	-3.4K	0.00	156.14	3	0	824	32
2025-06-17	$37.03	$40.00	25.1%	7.2%	11.4%	24.3%	0.0%	-13.0%	-8.6%	301.5K	-1.3M	-3.2K	0.00	160.74	47	0	821	32
2025-06-18	$37.23	$40.00	24.5%	7.0%	11.5%	23.5%	0.0%	1.6%	18.2%	184.6K	-1.5M	-3.2K	0.00	162.46	200	0	791	32
2025-06-20	$37.26	$40.00	25.0%	7.2%	10.7%	24.3%	0.0%	0.8%	-4.8%	165.3K	-1.3M	-2.9K	0.00	161.86	19	0	695	32
2025-06-23	$37.31	$40.00	25.5%	7.3%	10.2%	24.9%	0.0%	-8.1%	-6.0%	78.2K	-752.1K	-2.8K	0.00	155.41	3	0	452	0
2025-06-24	$37.55	$40.00	26.7%	7.7%	10.3%	26.7%	0.0%	-16.3%	-5.7%	92.5K	-796.9K	-2.7K	0.00	157.44	0	0	449	0
2025-06-25	$37.20	$40.00	25.9%	7.4%	10.4%	25.6%	0.0%	0.2%	-5.6%	81.3K	-714.7K	-2.7K	0.00	156.41	1	0	449	0
2025-06-26	$37.23	$40.00	25.4%	7.3%	9.7%	24.8%	0.0%	5.1%	-5.6%	65.9K	-754.0K	-2.8K	0.00	153.59	0	0	449	0
2025-06-27	$37.27	$40.00	25.2%	7.2%	9.7%	24.6%	0.0%	3.0%	-6.4%	70.1K	-755.9K	-2.8K	0.00	159.15	0	0	449	0
2025-06-30	$37.41	$40.00	28.3%	8.1%	9.7%	29.0%	0.0%	2.5%	-9.5%	69.0K	-781.3K	-2.7K	0.00	156.74	71	0	449	0