EPP Options History — August 2008

Name: EPP Options Analytics - August 2008
Creator: Options Analysis Suite

In August 2008, EPP traded between $39.57 and $42.61. ATM implied volatility averaged 33.7%. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 9.8% (HV 20d: 23.8%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 625.82.

Notable Days

2008-08-21: Highest Volume — 20,434 contracts
2008-08-14: Largest IV drop — 40.2% change
2008-08-22: Largest Expected Move — 11.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.04	$39.57	$42.61	$42.42	$41.11
Max Pain	$40.00	$40.00	$40.00	$40.00	$40.00
ATM IV	33.7%	19.3%	52.9%	34.5%	19.9%
Expected Move	7.8%	5.5%	11.6%	9.9%	5.7%
HV 20d	23.8%	20.2%	27.1%	25.9%	20.2%
HV 60d	21.3%	20.6%	22.9%	22.9%	22.0%
Term Structure	1.0%	-11.0%	8.9%	-11.0%	3.8%
VWIV	27.9%	17.5%	35.8%	35.8%	20.6%
Bid-Ask Spread %	120.60	83.22	144.61	128.47	123.83
Gamma HHI	0.72	0.37	1.00	0.37	1.00
Net GEX	-1.5M	-5.3M	3.8K	2.2K	-5.2M
Net DEX	24.1M	-64.9K	85.1M	-27.1K	72.0M
Net VEX	-112.9K	-368.8K	-49	-49	-361.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	625.82	0.00	6800.00	0.00	0.00
Total Volume	1,958.381	0	20,434	6	10
Total OI	12,745.19	17	41,078	17	41,076

Daily Data (21 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2008-08-01	$42.42	$40.00	34.5%	9.9%	25.9%	0.0%	35.8%	0.0%	-11.0%	2.2K	-27.1K	-49	0.00	128.47	N/A	N/A	6	0	17	0
2008-08-04	$41.87	$40.00	35.3%	5.9%	26.1%	0.0%	17.5%	0.0%	5.4%	3.3K	-42.9K	-59	10.00	124.77	N/A	N/A	1	10	23	0
2008-08-05	$42.38	$40.00	39.4%	6.2%	26.6%	0.0%	0.0%	0.0%	8.9%	1.4K	-39.3K	-120	0.00	127.93	N/A	N/A	4	0	24	10
2008-08-06	$42.61	$40.00	38.0%	6.7%	26.6%	0.0%	0.0%	0.0%	2.0%	2.3K	-49.1K	-136	0.00	126.51	N/A	N/A	0	0	28	10
2008-08-07	$41.61	$40.00	38.5%	8.0%	27.1%	0.0%	29.4%	0.0%	2.8%	2.4K	-34.2K	-136	0.91	126.62	N/A	N/A	11	10	28	10
2008-08-08	$41.93	$40.00	40.8%	7.5%	26.5%	0.0%	25.3%	0.0%	3.4%	2.7K	-50.7K	-256	0.00	109.27	N/A	N/A	0	10	38	20
2008-08-11	$41.73	$40.00	48.3%	7.9%	26.4%	0.0%	0.0%	0.0%	4.3%	3.6K	-64.9K	-189	0.00	123.45	N/A	N/A	0	0	38	10
2008-08-12	$41.20	$40.00	48.0%	8.4%	26.6%	0.0%	29.2%	0.0%	0.3%	3.8K	-55.9K	-184	16.67	121.35	N/A	N/A	3	50	38	10
2008-08-13	$40.96	$40.00	52.9%	8.9%	26.0%	0.0%	0.0%	0.0%	0.2%	-3.5K	24.8K	-448	0.00	120.13	N/A	N/A	0	0	41	60
2008-08-14	$40.78	$40.00	31.6%	9.1%	23.2%	0.0%	0.0%	0.0%	-0.6%	-3.2K	30.1K	-443	0.00	116.19	N/A	N/A	7	0	41	60
2008-08-15	$40.39	$40.00	29.5%	8.5%	23.2%	0.0%	29.5%	0.0%	1.4%	-2.7K	31.2K	-501	0.00	119.54	N/A	N/A	0	2	48	60
2008-08-18	$40.04	$40.00	33.8%	9.7%	23.3%	0.0%	34.2%	0.0%	-4.0%	-6.2K	52.5K	-469	0.00	107.13	N/A	N/A	4	0	33	60
2008-08-19	$39.57	$40.00	29.5%	8.5%	21.3%	0.0%	29.5%	0.0%	0.4%	-7.5K	83.7K	-466	2.08	83.22	N/A	N/A	12	25	37	60
2008-08-20	$40.48	$40.00	29.3%	8.4%	23.5%	0.0%	0.0%	0.0%	0.7%	-8.6K	59.6K	-620	6800.00	124.27	N/A	N/A	3	20,400	44	75
2008-08-21	$40.28	$40.00	29.4%	8.4%	22.8%	0.0%	0.0%	0.0%	-1.0%	-2.0M	40.3M	-185.4K	618.21	119.27	N/A	N/A	33	20,401	47	20,475
2008-08-22	$40.62	$40.00	40.5%	11.6%	22.4%	0.0%	0.0%	0.0%	1.3%	-4.4M	82.2M	-364.3K	0.00	144.61	N/A	N/A	0	47	80	40,876
2008-08-25	$39.80	$40.00	25.3%	7.3%	20.9%	0.0%	0.0%	0.0%	-1.4%	-4.7M	85.1M	-358.4K	0.00	119.63	N/A	N/A	0	12	80	40,923
2008-08-26	$40.17	$40.00	22.9%	6.6%	20.4%	0.0%	0.0%	0.0%	-1.7%	-5.3M	82.2M	-365.1K	62.00	112.61	N/A	N/A	1	62	80	40,935
2008-08-27	$40.59	$40.00	20.7%	5.9%	20.5%	0.0%	20.6%	0.0%	1.5%	-5.1M	75.6M	-368.8K	0.00	129.11	N/A	N/A	0	2	81	40,995
2008-08-28	$41.37	$40.00	19.3%	5.5%	21.2%	0.0%	0.0%	0.0%	3.3%	-5.1M	69.9M	-364.0K	0.00	124.80	N/A	N/A	0	0	81	40,997
2008-08-29	$41.11	$40.00	19.9%	5.7%	20.2%	0.0%	0.0%	0.0%	3.8%	-5.2M	72.0M	-361.6K	0.00	123.83	N/A	N/A	10	0	81	40,995