EPP Options History — May 2019

In May 2019, EPP traded between $44.97 and $47.16. ATM implied volatility averaged 17.3%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 4.8% (HV 20d: 12.5%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.81.

Notable Days

  • 2019-05-14: Highest Volume — 84 contracts
  • 2019-05-17: Largest IV spike — 35.6% change
  • 2019-05-13: Highest IV Rank — 38.0%
  • 2019-05-30: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.78$44.97$47.16$46.65$45.16
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV17.3%12.3%23.1%12.3%18.9%
Expected Move4.8%3.5%5.5%3.5%5.4%
HV 20d12.5%7.2%14.8%7.5%14.7%
HV 60d10.4%8.3%11.3%9.0%11.3%
IV Rank23.6%10.3%38.0%10.3%27.6%
IV Percentile74.4%17.9%97.6%17.9%88.5%
Term Structure-1.2%-3.0%2.5%2.5%-1.7%
VWIV19.3%17.4%20.4%19.5%18.6%
Skew 25d4.6%0.5%11.5%1.2%10.0%
Skew 10d6.2%-1.3%14.7%-1.0%0.3%
Call IV 25d14.9%8.4%18.3%13.6%9.8%
Put IV 25d19.5%13.8%21.9%14.8%19.7%
Bid-Ask Spread %91.3275.23110.85104.5396.44
Gamma HHI0.160.140.190.160.18
Net GEX18.8K6.0K27.3K27.3K11.6K
Net DEX-209.3K-396.2K-95.8K-369.4K-95.8K
Net VEX-1.3K-1.5K-1.1K-1.4K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.810.0015.000.002.00
Total Volume13.9550842730
Total OI324.364305341323325

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$46.65$45.0012.3%3.5%7.5%10.3%0.0%1.2%2.5%27.3K-369.4K-1.4K0.00104.53N/AN/A270192131
2019-05-02$46.74$45.0013.6%3.9%7.2%13.1%0.0%0.5%1.8%27.3K-366.5K-1.4K0.00101.59N/AN/A270192131
2019-05-03$47.16$45.0014.2%4.1%7.8%16.0%0.0%7.4%1.5%26.7K-396.2K-1.4K0.00110.85N/AN/A270192131
2019-05-06$46.32$45.0017.9%5.1%10.2%25.3%19.5%2.6%-1.9%24.3K-289.1K-1.4K0.0080.82N/AN/A010190131
2019-05-07$45.75$45.0018.7%5.3%11.0%27.0%19.6%5.4%-1.0%20.3K-229.2K-1.4K0.0086.01N/AN/A010190141
2019-05-08$45.88$45.0018.6%5.4%11.0%26.8%20.4%3.4%-2.3%19.5K-233.8K-1.4K0.0075.23N/AN/A010190141
2019-05-09$45.64$45.0021.1%5.2%10.6%33.1%20.0%4.0%-1.5%15.3K-168.3K-1.5K0.0089.35N/AN/A010190151
2019-05-10$46.05$45.0019.4%5.1%11.0%28.8%0.0%2.8%-1.9%17.8K-227.2K-1.5K0.0095.89N/AN/A00190151
2019-05-13$44.97$45.0023.1%5.5%13.2%38.0%0.0%6.3%-0.4%11.7K-110.3K-1.4K0.0095.30N/AN/A40190151
2019-05-14$45.22$45.0022.3%5.4%13.4%35.8%17.4%3.2%-3.0%14.0K-145.1K-1.3K0.9581.46N/AN/A4341190151
2019-05-15$45.48$45.0018.0%5.2%13.5%25.4%0.0%3.6%-1.9%8.6K-179.1K-1.3K0.0086.08N/AN/A00190151
2019-05-16$45.59$45.0013.7%3.9%13.6%14.8%0.0%4.8%-1.5%18.1K-214.6K-1.3K0.0087.45N/AN/A00190151
2019-05-17$45.17$45.0018.5%5.3%13.8%26.7%0.0%6.0%-1.9%6.0K-152.1K-1.2K0.0093.94N/AN/A200190151
2019-05-20$45.69$45.0015.2%4.3%14.6%18.5%0.0%3.7%-2.1%21.0K-186.8K-1.1K0.0084.24N/AN/A00175130
2019-05-21$45.91$45.0017.8%5.1%14.6%24.8%0.0%2.4%-2.4%23.0K-200.8K-1.1K0.0095.09N/AN/A00175130
2019-05-22$45.97$45.0014.1%4.1%14.5%15.9%0.0%3.9%-0.9%23.7K-208.7K-1.1K0.0085.46N/AN/A10175130
2019-05-23$45.58$45.0016.5%4.7%14.7%21.7%0.0%6.5%-1.9%19.9K-172.7K-1.1K0.0096.47N/AN/A10176130
2019-05-24$45.80$45.0016.8%4.8%14.8%22.5%18.6%3.9%-1.3%22.6K-189.6K-1.1K15.0090.40N/AN/A115176130
2019-05-28$45.64$45.0013.8%4.0%14.8%15.1%0.0%11.5%-0.4%21.1K-183.7K-1.1K0.0089.09N/AN/A00176139
2019-05-29$45.52$45.0017.4%5.0%14.7%23.9%0.0%6.3%-2.3%17.4K-152.6K-1.1K0.0091.63N/AN/A00176139
2019-05-30$45.32$45.0019.1%5.5%14.8%28.0%0.0%2.8%-2.7%16.1K-132.9K-1.1K2.0091.67N/AN/A1020176139
2019-05-31$45.16$45.0018.9%5.4%14.7%27.6%0.0%10.0%-1.7%11.6K-95.8K-1.1K2.0096.44N/AN/A1020166159