EPP Options History — August 2019

In August 2019, EPP traded between $43.05 and $45.89. ATM implied volatility averaged 17.9%, placing in the 31.8% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 0.1% (HV 20d: 17.8%). Max pain ranged from $40.00 to $42.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2019-08-02: Highest Volume — 156 contracts
2019-08-23: Largest IV spike — 120.7% change
2019-08-23: Highest IV Rank — 100.0%
2019-08-23: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.04	$43.05	$45.89	$45.89	$43.97
Max Pain	$40.20	$40.00	$42.00	$42.00	$40.00
ATM IV	17.9%	13.4%	38.3%	14.2%	16.3%
Expected Move	5.0%	3.8%	11.0%	4.1%	4.7%
HV 20d	17.8%	8.0%	20.9%	8.0%	20.8%
HV 60d	14.7%	12.2%	15.5%	12.2%	15.3%
IV Rank	31.8%	12.1%	100.0%	20.2%	19.9%
IV Percentile	72.0%	24.6%	100.0%	44.8%	68.3%
Term Structure	0.5%	-1.1%	13.6%	0.5%	-0.3%
VWIV	14.7%	9.4%	22.8%	11.9%	22.8%
Skew 25d	3.2%	-12.4%	6.6%	3.5%	3.4%
Skew 10d	8.1%	-0.7%	15.7%	1.4%	0.8%
Call IV 25d	17.3%	10.8%	70.8%	11.9%	14.1%
Put IV 25d	20.5%	15.3%	58.4%	15.3%	17.4%
Bid-Ask Spread %	92.89	66.45	153.56	114.38	95.97
Gamma HHI	0.24	0.14	0.61	0.61	0.16
Net GEX	11.1K	1.2K	61.3K	61.3K	3.6K
Net DEX	-91.6K	-707.5K	37.6K	-707.5K	23.9K
Net VEX	-562	-954	-409	-954	-483
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	14.909	0	156	60	0
Total OI	198.545	134	353	353	144

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2019-08-01	$45.89	$42.00	14.2%	4.1%	8.0%	20.2%	11.9%	3.5%	0.5%	61.3K	-707.5K	-954	114.38	N/A	N/A	60	0	304	49
2019-08-02	$45.64	$42.00	14.1%	4.0%	8.1%	19.2%	9.4%	5.4%	0.5%	52.6K	-594.9K	-892	98.69	N/A	N/A	156	0	303	49
2019-08-05	$43.91	$0.00	20.3%	5.0%	15.1%	47.7%	0.0%	4.5%	-0.3%	18.8K	-123.8K	-588	80.29	N/A	N/A	52	0	187	49
2019-08-06	$43.89	$0.00	19.3%	4.8%	15.2%	43.4%	22.8%	4.4%	-0.0%	13.8K	-93.4K	-547	66.45	N/A	N/A	0	3	164	49
2019-08-07	$44.03	$40.00	18.1%	5.0%	15.1%	37.9%	0.0%	5.3%	-0.2%	12.7K	-99.7K	-545	73.47	N/A	N/A	0	0	164	52
2019-08-08	$44.66	$40.00	14.1%	4.3%	16.3%	19.7%	0.0%	4.1%	0.3%	11.6K	-123.5K	-550	77.09	N/A	N/A	0	20	164	52
2019-08-09	$44.26	$40.00	16.7%	4.6%	16.3%	31.1%	0.0%	4.4%	-0.1%	9.1K	-107.7K	-622	79.08	N/A	N/A	10	0	164	72
2019-08-12	$43.53	$40.00	18.1%	4.7%	16.8%	35.1%	0.0%	4.3%	-0.1%	10.8K	-77.9K	-556	76.50	N/A	N/A	0	0	164	72
2019-08-13	$44.03	$40.00	17.8%	4.7%	17.7%	33.4%	0.0%	3.6%	0.3%	5.3K	-103.2K	-580	97.83	N/A	N/A	20	0	164	72
2019-08-14	$43.05	$40.00	18.3%	5.2%	18.8%	35.6%	0.0%	5.7%	-0.4%	13.2K	-59.8K	-468	82.70	N/A	N/A	0	0	150	72
2019-08-15	$43.23	$40.00	18.4%	5.3%	18.8%	36.3%	0.0%	4.6%	0.8%	1.2K	-79.9K	-456	85.00	N/A	N/A	0	0	150	72
2019-08-16	$43.78	$40.00	17.0%	4.9%	19.6%	29.4%	0.0%	6.6%	-0.5%	1.8K	-89.7K	-464	80.05	N/A	N/A	0	0	150	72
2019-08-19	$44.24	$40.00	17.5%	5.0%	20.3%	32.2%	0.0%	3.9%	-0.2%	2.9K	33.8K	-409	90.92	N/A	N/A	0	0	62	72
2019-08-20	$44.33	$40.00	16.2%	4.7%	20.2%	25.8%	0.0%	3.1%	0.1%	2.9K	36.0K	-428	84.30	N/A	N/A	7	0	62	72
2019-08-21	$44.38	$40.00	13.4%	3.8%	20.3%	12.1%	0.0%	1.1%	-1.1%	4.4K	16.0K	-486	119.98	N/A	N/A	0	0	69	72
2019-08-22	$44.02	$40.00	17.3%	5.0%	20.3%	31.2%	0.0%	2.4%	-0.6%	4.1K	19.7K	-496	114.03	N/A	N/A	0	0	69	72
2019-08-23	$43.40	$40.00	38.3%	11.0%	20.7%	100.0%	0.0%	-12.4%	13.6%	2.3K	2.5K	-834	153.56	N/A	N/A	0	0	69	72
2019-08-26	$43.51	$40.00	17.0%	4.9%	20.8%	22.6%	0.0%	3.3%	-0.7%	2.3K	37.6K	-477	85.73	N/A	N/A	0	0	69	72
2019-08-27	$43.57	$40.00	16.6%	4.8%	20.9%	21.1%	0.0%	3.7%	0.1%	3.0K	28.5K	-517	96.24	N/A	N/A	0	0	72	72
2019-08-28	$43.64	$40.00	17.9%	5.1%	20.8%	25.6%	0.0%	1.8%	-0.7%	3.1K	27.7K	-508	92.58	N/A	N/A	0	0	72	72
2019-08-29	$44.00	$40.00	16.5%	4.7%	20.9%	20.7%	0.0%	4.0%	-0.4%	3.9K	20.1K	-512	98.81	N/A	N/A	0	0	72	72
2019-08-30	$43.97	$40.00	16.3%	4.7%	20.8%	19.9%	0.0%	3.4%	-0.3%	3.6K	23.9K	-483	95.97	N/A	N/A	0	0	72	72