EPP Options History — November 2018

In November 2018, EPP traded between $41.76 and $43.62. ATM implied volatility averaged 17.6%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 0.2% (HV 20d: 17.8%). Max pain ranged from $41.00 to $42.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 2.09.

Notable Days

2018-11-28: Highest Volume — 246 contracts
2018-11-28: Largest IV spike — 98.4% change
2018-11-28: Highest IV Rank — 53.4%
2018-11-28: Largest Expected Move — 9.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.84	$41.76	$43.62	$42.57	$43.06
Max Pain	$41.10	$41.00	$42.00	$42.00	$41.00
ATM IV	17.6%	10.9%	31.6%	15.8%	19.8%
Expected Move	5.1%	3.9%	9.1%	4.5%	5.7%
HV 20d	17.8%	16.5%	18.9%	18.0%	16.5%
HV 60d	14.9%	14.4%	15.6%	14.7%	15.4%
IV Rank	23.1%	8.6%	53.4%	15.9%	27.9%
IV Percentile	85.4%	23.8%	98.0%	83.7%	96.0%
Term Structure	-2.4%	-4.3%	1.0%	1.0%	-3.6%
VWIV	19.7%	17.8%	21.8%	18.3%	21.4%
Skew 25d	3.8%	1.2%	8.3%	2.4%	3.4%
Skew 10d	8.1%	-3.8%	13.9%	7.1%	9.2%
Call IV 25d	15.9%	11.6%	19.9%	14.8%	17.5%
Put IV 25d	19.8%	17.2%	22.4%	17.2%	20.8%
Bid-Ask Spread %	68.94	38.78	105.20	99.71	95.80
Gamma HHI	0.20	0.15	0.25	0.24	0.15
Net GEX	1.5K	-5.6K	14.3K	-5.4K	5.8K
Net DEX	28.9K	-88.1K	146.6K	61.5K	146.6K
Net VEX	-1.5K	-1.8K	-1.2K	-1.2K	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.09	0.72	4.81	4.81	1.51
Total Volume	158.571	92	246	122	246
Total OI	313.524	243	412	243	412

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
2018-11-01	$42.57	$42.00	15.8%	4.5%	18.0%	15.9%	18.3%	2.4%	1.0%	-5.4K	61.5K	-1.2K	4.81	99.71	N/A	N/A	21	101	134	109
2018-11-02	$42.76	$42.00	17.2%	4.9%	18.1%	22.3%	20.2%	2.8%	-0.5%	-4.0K	50.5K	-1.2K	3.38	90.25	N/A	N/A	21	71	134	109
2018-11-05	$42.75	$41.00	16.0%	4.9%	18.0%	19.7%	19.8%	4.4%	-2.0%	-3.9K	52.7K	-1.3K	3.38	63.99	N/A	N/A	21	71	134	119
2018-11-06	$42.86	$41.00	17.0%	5.0%	18.0%	21.8%	19.2%	5.2%	-2.5%	-3.9K	44.9K	-1.3K	3.38	44.30	N/A	N/A	21	71	134	119
2018-11-07	$43.61	$41.00	10.9%	4.8%	17.5%	8.6%	18.8%	2.4%	-3.0%	2.9K	-5.0K	-1.3K	3.38	74.13	N/A	N/A	21	71	134	119
2018-11-08	$43.19	$41.00	14.6%	4.5%	17.2%	16.6%	17.8%	3.4%	-1.0%	341	6.9K	-1.2K	3.38	105.20	N/A	N/A	21	71	134	119
2018-11-09	$42.82	$41.00	14.7%	4.7%	17.5%	16.9%	19.6%	3.8%	-1.8%	-3.3K	39.3K	-1.2K	3.38	97.99	N/A	N/A	21	71	134	119
2018-11-12	$42.55	$41.00	16.2%	3.9%	17.7%	20.2%	18.4%	5.1%	-1.6%	-4.0K	48.2K	-1.2K	3.38	44.93	N/A	N/A	21	71	134	119
2018-11-13	$42.78	$41.00	18.5%	4.8%	17.5%	25.1%	19.5%	5.1%	-2.1%	-2.7K	37.5K	-1.2K	1.42	78.57	N/A	N/A	50	71	134	119
2018-11-14	$42.55	$41.00	15.8%	4.5%	17.5%	19.2%	18.8%	1.2%	-3.8%	-606	33.5K	-1.3K	1.20	58.67	N/A	N/A	59	71	164	119
2018-11-15	$42.99	$41.00	18.1%	5.2%	17.5%	24.3%	18.1%	3.7%	-1.9%	5.1K	-22.0K	-1.4K	0.81	60.58	N/A	N/A	88	71	173	119
2018-11-16	$43.19	$41.00	18.1%	5.2%	17.4%	24.1%	18.2%	5.3%	-1.8%	14.3K	-63.8K	-1.6K	0.72	45.94	N/A	N/A	98	71	204	119
2018-11-19	$42.52	$41.00	15.1%	4.3%	18.3%	17.8%	20.1%	4.8%	-1.7%	2.6K	17.0K	-1.7K	1.12	51.13	N/A	N/A	98	110	214	158
2018-11-20	$41.76	$41.00	15.8%	4.5%	18.9%	19.1%	20.2%	4.1%	-2.1%	-5.6K	89.1K	-1.7K	1.12	45.81	N/A	N/A	98	110	214	158
2018-11-21	$42.42	$41.00	19.7%	5.7%	18.5%	27.7%	19.8%	3.3%	-4.3%	-394	38.6K	-1.7K	1.12	57.85	N/A	N/A	98	110	214	158
2018-11-23	$42.37	$41.00	20.1%	5.8%	18.5%	28.5%	21.8%	2.5%	-3.7%	247	35.3K	-1.7K	1.12	70.52	N/A	N/A	98	110	214	158
2018-11-26	$42.98	$41.00	19.8%	5.7%	18.6%	27.9%	20.7%	3.5%	-3.3%	6.3K	-14.8K	-1.7K	1.12	38.78	N/A	N/A	98	110	214	158
2018-11-27	$42.96	$41.00	16.0%	4.6%	18.1%	19.6%	20.1%	2.4%	-4.0%	4.2K	2.0K	-1.7K	1.11	40.96	N/A	N/A	98	109	214	158
2018-11-28	$43.62	$41.00	31.6%	9.1%	17.5%	53.4%	21.0%	8.3%	-4.0%	11.9K	-88.1K	-1.8K	1.51	89.02	N/A	N/A	98	148	214	159
2018-11-29	$43.42	$41.00	20.0%	5.7%	17.5%	28.2%	20.8%	3.0%	-2.4%	11.8K	95.8K	-1.7K	1.51	93.65	N/A	N/A	98	148	214	198
2018-11-30	$43.06	$41.00	19.8%	5.7%	16.5%	27.9%	21.4%	3.4%	-3.6%	5.8K	146.6K	-1.7K	1.51	95.80	N/A	N/A	98	148	214	198