EPP Options History — February 2017

In February 2017, EPP traded between $42.28 and $44.01. ATM implied volatility averaged 21.8%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 14.7% (HV 20d: 7.2%). Max pain ranged from $42.00 to $43.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 1.38.

Notable Days

  • 2017-02-17: Highest Volume — 177 contracts
  • 2017-02-22: Largest IV spike — 440.7% change
  • 2017-02-28: Highest IV Rank — 65.2%
  • 2017-02-28: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.18$42.28$44.01$42.39$43.43
Max Pain$42.92$42.00$43.00$42.00$43.00
ATM IV21.8%10.7%69.0%47.4%69.0%
Expected Move6.3%3.1%19.8%13.6%19.8%
HV 20d7.2%5.9%8.5%8.5%8.0%
HV 60d11.5%10.9%12.7%12.7%11.2%
IV Rank14.9%3.0%65.2%42.2%65.2%
IV Percentile27.4%1.6%98.4%96.8%98.4%
Term Structure-7.6%-48.4%1.3%-20.3%-48.4%
VWIV23.2%9.7%64.8%32.2%64.8%
Skew 25d3.4%0.6%16.6%16.6%4.8%
Skew 10d4.1%-18.5%22.8%-7.3%19.9%
Call IV 25d24.3%9.0%92.4%29.4%92.4%
Put IV 25d27.7%12.1%97.1%45.9%97.1%
Bid-Ask Spread %125.2376.15155.23155.01155.23
Gamma HHI0.600.380.720.540.38
Net GEX30.1K14.7K37.4K21.9K14.7K
Net DEX-122.7K-244.2K-21.3K-45.0K-135.9K
Net VEX-1.5K-1.7K-1.3K-1.7K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.381.081.591.371.59
Total Volume159.789150177159150
Total OI255.421250271250271

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$42.39$42.0047.4%13.6%8.5%42.2%32.2%16.6%-20.3%21.9K-45.0K-1.7K1.37155.01N/AN/A6792146104
2017-02-02$42.57$0.0012.0%3.6%7.9%4.4%0.0%2.8%-1.5%31.4K-42.0K-1.6K1.37118.29N/AN/A6792146104
2017-02-03$42.63$0.0010.7%3.2%6.6%3.0%0.0%3.1%-3.3%29.8K-71.2K-1.6K1.37145.75N/AN/A6792146104
2017-02-06$42.34$0.0013.2%3.8%6.9%5.6%0.0%2.4%0.1%29.8K-24.8K-1.6K1.37117.03N/AN/A6792146104
2017-02-07$42.28$0.0013.5%3.8%6.5%6.0%0.0%3.1%-0.2%30.3K-21.3K-1.6K1.37105.54N/AN/A6792146104
2017-02-08$42.56$0.0012.1%3.5%6.4%4.5%0.0%2.1%0.1%32.2K-46.0K-1.6K1.3776.15N/AN/A6792146104
2017-02-09$42.71$0.0010.8%3.1%5.9%3.1%10.6%2.4%1.3%32.9K-65.7K-1.5K1.35125.35N/AN/A6892146104
2017-02-10$43.10$43.0012.2%3.5%6.6%4.5%12.1%0.9%0.6%31.1K-113.8K-1.5K1.19100.44N/AN/A7792147104
2017-02-13$43.25$43.0011.9%3.4%6.6%4.2%11.4%2.3%1.0%31.4K-126.5K-1.5K1.19116.84N/AN/A7792147104
2017-02-14$43.25$43.0011.5%3.3%6.6%3.9%11.5%1.3%1.3%32.5K-123.9K-1.5K1.1978.42N/AN/A7792147104
2017-02-15$43.74$43.0010.9%3.1%7.1%3.2%10.5%2.5%-1.5%35.4K-176.3K-1.4K1.19145.97N/AN/A7792147104
2017-02-16$43.61$43.0010.9%3.1%7.3%3.2%11.9%0.8%0.7%29.2K-172.5K-1.4K1.19121.13N/AN/A7792147104
2017-02-17$43.65$43.0011.0%3.1%7.3%3.2%11.6%1.5%0.3%31.6K-171.7K-1.4K1.08122.20N/AN/A8592148104
2017-02-21$43.78$43.0010.7%3.1%7.3%3.0%10.5%2.0%1.3%34.7K-215.8K-1.4K1.59117.51N/AN/A5892157104
2017-02-22$43.92$43.0057.9%16.6%7.0%53.4%53.9%2.0%-48.2%34.3K-193.9K-1.5K1.59154.26N/AN/A5892157104
2017-02-23$44.01$43.0011.3%3.2%7.0%3.6%9.7%0.6%-1.5%34.4K-244.2K-1.3K1.59127.47N/AN/A5892157104
2017-02-24$43.54$43.0058.7%16.8%8.2%54.2%54.2%3.5%-15.5%17.2K-146.4K-1.7K1.59154.71N/AN/A5892167104
2017-02-27$43.60$43.0019.1%5.5%8.2%11.9%19.8%10.7%-10.3%37.4K-194.4K-1.4K1.59142.08N/AN/A5892167104
2017-02-28$43.43$43.0069.0%19.8%8.0%65.2%64.8%4.8%-48.4%14.7K-135.9K-1.7K1.59155.23N/AN/A5892167104