EPP Options History — March 2019

In March 2019, EPP traded between $44.98 and $45.90. ATM implied volatility averaged 13.9%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 5.7% (HV 20d: 8.2%). Max pain ranged from $42.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.28.

Notable Days

  • 2019-03-21: Highest Volume — 16 contracts
  • 2019-03-11: Largest IV spike — 37.0% change
  • 2019-03-11: Highest IV Rank — 25.1%
  • 2019-03-19: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.51$44.98$45.90$45.60$45.90
Max Pain$43.50$42.00$45.00$43.00$45.00
ATM IV13.9%11.7%18.5%12.7%13.4%
Expected Move4.3%3.3%7.5%3.6%4.1%
HV 20d8.2%6.7%9.3%9.2%9.3%
HV 60d14.1%12.4%15.8%15.8%12.4%
IV Rank14.3%9.5%25.1%12.5%12.6%
IV Percentile47.0%13.5%88.5%26.2%40.5%
Term Structure1.4%-0.6%14.2%0.2%0.7%
VWIV14.2%12.7%15.4%15.4%14.6%
Skew 25d2.6%-0.9%6.1%2.2%4.0%
Skew 10d7.5%-0.2%20.6%0.8%5.7%
Call IV 25d12.9%10.3%14.5%10.9%13.3%
Put IV 25d15.6%11.8%17.2%13.1%17.2%
Bid-Ask Spread %91.2755.19132.17108.7194.99
Gamma HHI0.330.250.500.340.28
Net GEX90.0K48.6K151.4K105.9K56.9K
Net DEX-704.7K-997.2K-434.7K-916.8K-550.6K
Net VEX-1.9K-2.5K-1.6K-2.5K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.330.501.33
Total Volume4.38101607
Total OI489.905389573569412

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$45.60$43.0012.7%3.6%9.2%12.5%0.0%2.2%0.2%105.9K-916.8K-2.5K0.00108.71N/AN/A00361208
2019-03-04$45.56$43.0012.8%3.7%8.9%12.7%0.0%3.2%1.7%111.0K-913.9K-2.2K0.00108.64N/AN/A00361208
2019-03-05$45.66$43.0014.6%4.2%8.7%16.7%0.0%2.2%1.3%110.8K-942.6K-2.2K0.00106.33N/AN/A01361208
2019-03-06$45.59$43.0011.7%3.3%7.3%10.3%0.0%3.2%1.4%116.7K-948.1K-2.1K0.00101.91N/AN/A01361208
2019-03-07$45.27$43.0013.0%3.7%6.7%13.2%0.0%3.3%0.9%119.5K-837.2K-2.2K0.00116.78N/AN/A01361208
2019-03-08$44.98$43.0013.5%3.9%7.1%14.3%0.0%2.2%1.1%148.9K-715.5K-2.2K0.50107.44N/AN/A21361208
2019-03-11$45.50$42.0018.5%4.4%8.0%25.1%15.4%1.6%1.0%139.5K-919.7K-2.0K0.0059.42N/AN/A20363208
2019-03-12$45.48$42.0014.5%4.4%8.0%15.1%0.0%2.1%0.9%140.9K-925.7K-1.9K0.0059.96N/AN/A00363208
2019-03-13$45.58$42.0014.1%4.2%7.8%14.2%0.0%2.0%0.4%138.7K-965.3K-1.9K0.0058.16N/AN/A00363208
2019-03-14$45.39$42.0014.4%4.5%8.0%14.8%0.0%2.9%1.4%151.4K-911.5K-1.9K0.0055.19N/AN/A20363208
2019-03-15$45.52$42.0011.9%4.2%8.0%9.5%0.0%2.4%1.8%48.6K-997.2K-1.8K0.0062.70N/AN/A120365208
2019-03-18$45.82$0.0013.3%4.2%8.1%12.4%0.0%1.7%1.3%50.8K-472.9K-1.8K0.00103.35N/AN/A00221168
2019-03-19$45.67$0.0013.3%7.5%7.7%12.5%0.0%1.7%14.2%49.0K-488.5K-1.7K0.00132.17N/AN/A00221168
2019-03-20$45.70$0.0012.4%5.0%7.7%10.6%12.7%-0.9%1.2%57.4K-470.9K-1.6K0.07127.08N/AN/A141221168
2019-03-21$45.81$45.0013.5%3.9%7.7%13.0%14.1%1.4%0.2%57.9K-513.9K-1.7K0.0786.10N/AN/A151235169
2019-03-22$45.16$45.0014.8%4.2%8.8%15.7%14.6%6.1%0.3%56.8K-453.4K-1.8K0.0785.01N/AN/A151236169
2019-03-25$45.30$45.0014.7%4.2%8.7%15.5%0.0%4.5%-0.2%57.9K-434.7K-1.7K0.0086.72N/AN/A30236169
2019-03-26$45.40$45.0015.3%4.3%8.8%16.8%0.0%3.3%-0.2%57.2K-479.3K-1.8K0.0075.54N/AN/A30239169
2019-03-27$45.24$45.0015.3%4.4%8.7%16.8%0.0%5.0%0.3%56.7K-438.0K-1.8K0.0088.95N/AN/A30239169
2019-03-28$45.59$45.0014.6%4.0%9.1%15.4%0.0%1.8%-0.6%57.5K-502.1K-1.7K1.3391.54N/AN/A34239169
2019-03-29$45.90$45.0013.4%4.1%9.3%12.6%0.0%4.0%0.7%56.9K-550.6K-1.7K1.3394.99N/AN/A34239173