EPP Options History — July 2018

In July 2018, EPP traded between $45.39 and $46.93. ATM implied volatility averaged 13.0%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded below realized volatility by 3.1% (HV 20d: 16.2%). Max pain ranged from $45.00 to $47.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.30.

Notable Days

  • 2018-07-23: Highest Volume — 293 contracts
  • 2018-07-24: Largest IV spike — 24.7% change
  • 2018-07-02: Highest IV Rank — 19.2%
  • 2018-07-02: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.29$45.39$46.93$45.39$46.92
Max Pain$45.19$45.00$47.00$47.00$45.00
ATM IV13.0%9.7%17.4%17.4%11.7%
Expected Move3.7%2.8%5.0%5.0%3.4%
HV 20d16.2%13.1%18.9%16.2%13.1%
HV 60d13.4%12.4%14.0%12.9%14.0%
IV Rank11.4%5.5%19.2%19.2%9.1%
IV Percentile67.9%12.3%92.9%92.9%50.0%
Term Structure-0.3%-3.9%0.9%-1.6%-0.1%
VWIV13.3%11.9%15.2%15.2%12.8%
Skew 25d3.0%1.6%5.9%4.5%1.8%
Skew 10d6.3%-7.9%10.6%6.2%3.9%
Call IV 25d11.9%10.7%13.9%13.9%11.6%
Put IV 25d14.8%13.4%18.4%18.4%13.4%
Bid-Ask Spread %52.3819.1599.1146.5067.94
Gamma HHI0.550.240.880.700.24
Net GEX-225.9K-683.6K21.5K-210.1K21.5K
Net DEX502.6K-135.2K1.4M1.4M-135.2K
Net VEX-2.0K-3.0K-993-2.7K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.300.991.621.621.35
Total Volume261.333238293238254
Total OI687.19251893817322

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$45.39$47.0017.4%5.0%16.2%19.2%15.2%4.5%-1.6%-210.1K1.4M-2.7K1.6246.50N/AN/A91147241576
2018-07-03$45.56$47.0013.2%3.8%16.3%11.8%14.6%3.1%0.3%-255.4K1.2M-3.0K1.6297.97N/AN/A91147270585
2018-07-05$45.85$45.0014.0%3.9%16.0%13.3%14.6%3.7%-0.1%-256.0K1.1M-2.9K1.6265.71N/AN/A91147270585
2018-07-06$46.38$45.0013.5%3.9%16.8%12.4%13.7%3.5%-0.3%-222.9K712.3K-2.9K1.4661.71N/AN/A101147270585
2018-07-09$46.81$45.0012.5%3.6%17.3%10.5%12.5%2.5%0.3%-180.7K299.9K-2.5K1.2137.25N/AN/A121147280585
2018-07-10$46.70$45.0011.7%3.4%17.2%9.1%12.2%2.8%0.6%-212.9K346.7K-2.5K1.2151.50N/AN/A121147308585
2018-07-11$45.80$45.0013.0%3.7%18.1%11.5%14.0%5.9%-0.0%-348.7K1.1M-2.5K1.2147.37N/AN/A121147308585
2018-07-12$46.41$45.0012.7%3.7%18.9%11.0%12.5%3.1%0.3%-276.1K544.2K-2.3K1.2162.14N/AN/A121147308583
2018-07-13$46.30$45.0012.7%3.7%18.7%11.0%13.0%1.8%0.4%-446.4K717.8K-2.3K1.2199.11N/AN/A121147308583
2018-07-16$46.17$45.0012.8%3.7%18.7%11.0%12.5%3.5%0.3%-494.6K823.4K-2.0K1.2136.94N/AN/A121147308583
2018-07-17$46.05$45.0012.6%3.6%18.7%10.7%12.6%2.7%0.3%-606.3K975.2K-1.8K1.2147.68N/AN/A121147308583
2018-07-18$46.14$45.0012.5%3.6%15.4%10.6%11.9%1.7%-0.1%-642.6K866.2K-1.6K1.2165.37N/AN/A121147308583
2018-07-19$45.92$45.0014.8%4.3%15.3%14.7%14.3%3.4%-1.7%-683.6K1.0M-1.5K1.2156.21N/AN/A121147308583
2018-07-20$46.43$45.0012.4%3.6%15.7%10.4%12.1%2.8%0.2%12.4K4.4K-9931.2128.20N/AN/A121147308583
2018-07-23$46.11$45.0012.6%3.6%15.2%10.7%12.6%3.3%-0.2%-10.9K38.2K-1.1K0.9953.76N/AN/A147146105146
2018-07-24$46.58$45.0015.7%4.5%14.4%16.3%14.1%2.6%-3.9%11.7K-78.9K-1.7K0.9935.80N/AN/A147146165146
2018-07-25$46.93$45.0013.2%3.8%14.5%11.7%13.1%2.5%-1.2%16.8K-127.7K-1.7K1.4940.98N/AN/A98146165146
2018-07-26$46.49$45.0012.4%3.6%14.4%10.4%13.2%2.3%-0.6%13.0K-103.5K-1.6K1.3523.14N/AN/A108146176146
2018-07-27$46.63$45.009.7%2.8%14.1%5.5%13.2%2.9%0.9%14.7K-113.0K-1.6K1.3555.50N/AN/A108146176146
2018-07-30$46.58$45.0011.8%3.4%14.1%9.2%13.6%1.6%0.4%14.4K-115.6K-1.5K1.3519.15N/AN/A108146176146
2018-07-31$46.92$45.0011.7%3.4%13.1%9.1%12.8%1.8%-0.1%21.5K-135.2K-1.5K1.3567.94N/AN/A108146176146