EPP Options History — November 2019

In November 2019, EPP traded between $45.67 and $46.99. ATM implied volatility averaged 13.0%, placing in the 10.5% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 3.1% (HV 20d: 9.9%). Max pain ranged from $45.00 to $47.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.92.

Notable Days

  • 2019-11-20: Highest Volume — 26 contracts
  • 2019-11-29: Largest IV spike — 61.1% change
  • 2019-11-26: Highest IV Rank — 32.1%
  • 2019-11-26: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.29$45.67$46.99$46.50$46.14
Max Pain$46.86$45.00$47.00$45.00$47.00
ATM IV13.0%8.0%19.0%11.8%13.0%
Expected Move4.0%2.3%5.5%3.4%3.7%
HV 20d9.9%8.3%11.4%10.8%11.4%
HV 60d10.9%9.9%12.6%12.6%10.0%
IV Rank10.5%0.0%32.1%3.5%16.2%
IV Percentile26.2%0.0%90.1%3.2%19.4%
Term Structure-1.4%-7.0%5.4%2.1%-1.6%
VWIV14.5%13.1%15.9%13.1%14.4%
Skew 25d2.8%0.2%6.6%0.2%0.4%
Skew 10d10.7%-7.6%16.5%-3.6%2.2%
Call IV 25d12.6%8.9%20.2%10.7%13.0%
Put IV 25d15.4%10.9%21.1%10.9%13.4%
Bid-Ask Spread %109.8681.92131.42105.99110.10
Gamma HHI0.230.190.300.250.20
Net GEX7.3K-94113.0K5.7K7.2K
Net DEX-14.8K-70.9K22.5K-27.0K9.4K
Net VEX-355-452-266-368-315
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.003.000.000.00
Total Volume2.702620
Total OI130.6113147124147

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$46.50$45.0011.8%3.4%10.8%3.5%0.0%0.2%2.1%5.7K-27.0K-3680.00105.99N/AN/A204678
2019-11-04$46.59$0.0012.1%4.0%10.6%4.5%0.0%3.5%5.4%4.5K-38.4K-4310.0083.97N/AN/A004878
2019-11-05$46.67$0.0011.8%4.0%10.0%3.2%0.0%2.2%-1.2%8.2K-43.2K-3810.0081.92N/AN/A004878
2019-11-06$46.59$0.0011.0%4.0%10.1%0.5%0.0%2.5%-1.3%9.0K-40.8K-3590.0096.40N/AN/A004878
2019-11-07$46.99$0.0010.8%4.0%10.3%0.0%0.0%2.1%-3.0%5.0K-70.9K-4510.00104.28N/AN/A004878
2019-11-08$46.73$0.0011.2%3.9%8.8%1.4%0.0%2.0%1.4%6.8K-54.1K-4290.00114.35N/AN/A004878
2019-11-11$46.65$0.0011.2%3.8%8.3%1.3%13.1%1.1%-2.3%13.0K-43.8K-2663.00100.90N/AN/A264878
2019-11-12$46.42$47.009.9%4.1%8.3%0.0%0.0%1.4%-2.8%10.2K-20.3K-3350.00104.60N/AN/A004884
2019-11-13$45.91$47.0014.3%4.1%9.3%15.6%0.0%1.7%-2.4%12712.4K-3300.00103.95N/AN/A004884
2019-11-14$45.80$47.0013.4%3.8%9.3%12.2%0.0%4.5%4.8%-94122.5K-3230.00118.87N/AN/A004884
2019-11-15$46.09$47.0012.7%3.7%9.4%9.9%0.0%6.6%2.6%4.2K-6.3K-3240.00118.37N/AN/A404884
2019-11-18$46.11$47.0013.1%3.7%9.1%11.0%0.0%3.6%-2.5%10.6K5.3K-3250.00131.42N/AN/A004964
2019-11-19$46.38$47.0014.2%4.1%9.3%15.2%0.0%3.6%-4.2%11.6K-20.7K-3490.00116.17N/AN/A004964
2019-11-20$45.80$47.0016.1%4.6%10.4%21.9%0.0%5.2%-5.7%11.5K3.7K-3060.00125.97N/AN/A0264964
2019-11-21$45.67$47.0018.7%5.4%10.4%30.9%0.0%0.8%-7.0%8.3K20.0K-4520.00129.50N/AN/A104990
2019-11-22$45.77$47.0014.3%4.1%10.3%15.6%15.9%6.1%-1.5%9.2K11.6K-3470.00112.75N/AN/A055090
2019-11-25$46.25$47.0013.9%4.0%10.8%13.9%14.4%3.5%-2.4%9.2K6.7K-2912.50107.12N/AN/A255095
2019-11-26$46.20$47.0019.0%5.5%10.7%32.1%0.0%3.8%-6.6%8.0K-6.1K-3880.00115.65N/AN/A005295
2019-11-27$46.57$47.008.0%2.3%11.0%0.0%0.0%1.1%1.0%4.8K-15.6K-3260.00114.92N/AN/A105295
2019-11-29$46.14$47.0013.0%3.7%11.4%16.2%0.0%0.4%-1.6%7.2K9.4K-3150.00110.10N/AN/A005295