EPP Options History — April 2019

In April 2019, EPP traded between $46.53 and $47.01. ATM implied volatility averaged 13.7%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 3.9% (HV 20d: 9.8%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.84.

Notable Days

  • 2019-04-26: Highest Volume — 40 contracts
  • 2019-04-16: Largest IV spike — 18.6% change
  • 2019-04-08: Highest IV Rank — 18.5%
  • 2019-04-16: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.80$46.53$47.01$46.59$46.69
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV13.7%12.4%16.1%12.9%14.2%
Expected Move3.9%3.6%4.3%3.8%4.1%
HV 20d9.8%7.5%10.7%10.6%7.5%
HV 60d10.2%9.0%12.5%12.5%9.1%
IV Rank13.4%10.6%18.5%11.5%14.5%
IV Percentile46.1%21.0%79.4%29.8%55.6%
Term Structure2.4%-0.4%17.5%0.3%1.3%
VWIV14.3%13.0%15.7%15.3%13.5%
Skew 25d1.9%-3.7%4.5%3.8%1.2%
Skew 10d4.4%-2.2%9.9%4.3%0.6%
Call IV 25d13.2%10.3%18.6%11.0%14.4%
Put IV 25d15.1%13.5%17.1%14.8%15.7%
Bid-Ask Spread %95.7678.84119.8792.4998.69
Gamma HHI0.230.160.420.250.16
Net GEX37.1K14.9K52.1K49.5K26.3K
Net DEX-572.4K-749.6K-274.7K-655.3K-352.6K
Net VEX-1.2K-1.5K-971-1.5K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.003.003.000.00
Total Volume12.952040027
Total OI372.095259431412323

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$46.59$45.0012.9%3.8%10.6%11.5%0.0%3.8%0.3%49.5K-655.3K-1.5K0.0092.49N/AN/A00239173
2019-04-02$46.64$45.0013.9%3.9%10.6%13.7%0.0%2.6%-0.1%48.6K-661.7K-1.5K0.0086.66N/AN/A00239173
2019-04-03$46.93$45.0015.4%4.2%10.7%17.1%0.0%3.1%0.1%42.7K-696.2K-1.4K0.0095.42N/AN/A00239173
2019-04-04$46.77$45.0014.8%4.1%10.4%15.7%0.0%2.3%0.7%46.6K-676.5K-1.4K0.0088.33N/AN/A00239173
2019-04-05$46.73$45.0015.1%4.0%10.0%16.4%0.0%1.7%0.8%49.2K-667.0K-1.4K0.0087.21N/AN/A00239173
2019-04-08$46.76$45.0016.1%3.9%9.4%18.5%0.0%1.8%1.0%49.8K-680.3K-1.3K0.0094.93N/AN/A00239173
2019-04-09$46.53$45.0013.3%3.9%9.6%12.3%0.0%2.0%1.1%49.1K-662.5K-1.4K0.0096.41N/AN/A00239173
2019-04-10$46.89$45.0013.0%3.7%9.9%11.7%0.0%-3.7%1.9%43.1K-712.9K-1.2K0.00119.87N/AN/A06239173
2019-04-11$46.56$45.0012.9%3.7%10.2%11.6%0.0%2.7%1.4%52.1K-683.5K-1.2K3.0078.84N/AN/A26239173
2019-04-12$46.97$45.0012.4%3.6%10.5%10.6%0.0%4.5%1.9%38.8K-742.7K-1.1K3.0099.10N/AN/A26238173
2019-04-15$46.73$45.0012.7%3.6%10.6%11.2%0.0%3.3%1.5%43.0K-721.4K-1.1K0.0091.61N/AN/A00238173
2019-04-16$46.92$45.0015.1%4.3%10.5%16.4%0.0%2.5%-0.4%39.4K-745.8K-1.0K0.00101.46N/AN/A00238173
2019-04-17$46.90$45.0012.7%3.7%10.5%11.2%15.3%2.5%1.3%42.3K-749.6K-1.0K0.0093.17N/AN/A020238173
2019-04-18$46.91$45.0012.5%3.6%10.5%10.6%15.5%1.5%1.5%45.4K-734.7K-1.0K0.0097.18N/AN/A020238193
2019-04-22$46.77$45.0013.4%3.8%9.0%12.7%13.6%1.5%17.5%14.9K-274.7K-1.1K0.0091.18N/AN/A10139120
2019-04-23$47.01$45.0013.3%3.8%9.1%12.4%13.3%1.9%14.4%15.9K-307.1K-9710.39111.25N/AN/A2811140120
2019-04-24$46.73$45.0013.7%3.9%9.5%13.2%13.0%3.1%0.9%19.9K-308.9K-1.3K0.39101.66N/AN/A2811166131
2019-04-25$46.78$45.0014.0%4.0%9.3%13.9%15.7%0.4%1.9%20.3K-316.1K-1.3K0.3991.96N/AN/A2811166131
2019-04-26$46.91$45.0013.6%3.9%9.0%13.1%13.5%0.0%1.2%20.2K-325.6K-1.3K0.38100.03N/AN/A2911166131
2019-04-29$46.98$45.0013.8%4.0%8.8%13.5%0.0%1.0%1.0%21.2K-345.7K-1.2K0.0093.40N/AN/A250167131
2019-04-30$46.69$45.0014.2%4.1%7.5%14.5%0.0%1.2%1.3%26.3K-352.6K-1.5K0.0098.69N/AN/A270192131