EPP Options History — March 2020

In March 2020, EPP traded between $29.21 and $42.72. ATM implied volatility averaged 57.3%, placing in the 69.2% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded below realized volatility by 8.8% (HV 20d: 66.1%). Max pain ranged from $42.00 to $44.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 3.59.

Notable Days

  • 2020-03-13: Highest Volume — 33 contracts
  • 2020-03-16: Largest IV spike — 104.3% change
  • 2020-03-06: Highest IV Rank — 100.0%
  • 2020-03-16: Largest Expected Move — 31.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.63$29.21$42.72$42.15$33.81
Max Pain$42.59$42.00$44.00$44.00$42.00
ATM IV57.3%20.2%110.9%28.7%55.0%
Expected Move15.7%4.8%31.8%8.2%15.8%
HV 20d66.1%20.5%101.0%20.9%101.0%
HV 60d40.9%16.0%59.6%16.1%59.6%
IV Rank69.2%40.3%100.0%68.4%45.6%
IV Percentile98.1%94.0%100.0%98.8%95.6%
Term Structure-13.9%-84.5%52.5%-6.6%-24.9%
VWIV45.7%22.1%77.6%25.8%47.3%
Skew 25d19.1%-2.5%82.2%8.8%24.8%
Skew 10d24.0%-23.2%90.8%13.4%46.2%
Call IV 25d47.5%19.7%76.4%24.0%51.7%
Put IV 25d66.7%23.4%139.8%32.7%76.5%
Bid-Ask Spread %112.3787.39145.97106.07101.97
Gamma HHI0.150.130.180.170.15
Net GEX-3.3K-8.6K-1.2K-6.6K-2.7K
Net DEX142.9K76.3K181.1K92.5K181.1K
Net VEX-720-887-550-617-775
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.590.0015.000.670.00
Total Volume5.227033118
Total OI137.864108160108154

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$42.15$44.0028.7%8.2%20.9%68.4%25.8%8.8%-6.6%-6.6K92.5K-6170.00106.07N/AN/A013771
2020-03-03$42.09$44.0030.0%8.6%20.5%72.8%0.0%14.1%-12.1%-7.9K90.4K-5940.0096.27N/AN/A003772
2020-03-04$42.72$44.0020.3%5.8%20.5%40.7%26.4%9.9%-3.5%-6.3K76.3K-5840.6789.53N/AN/A323772
2020-03-05$42.00$43.0020.2%4.8%20.8%40.3%0.0%3.7%3.0%-8.6K96.0K-6220.0087.39N/AN/A004074
2020-03-06$41.35$43.0038.6%7.2%20.9%100.0%0.0%-1.4%-3.1%-6.9K109.1K-6950.00103.49N/AN/A014074
2020-03-09$37.88$43.0056.0%11.6%35.9%100.0%22.1%24.4%-20.0%-4.3K153.0K-6190.00102.79N/AN/A014073
2020-03-10$40.02$43.0053.3%9.8%42.4%94.3%0.0%13.9%3.8%-4.8K131.6K-6570.0097.77N/AN/A2104072
2020-03-11$37.90$43.0045.7%13.1%45.3%78.5%34.4%4.1%-11.7%-2.5K105.7K-8600.00120.05N/AN/A026172
2020-03-12$33.64$43.0058.9%16.9%58.7%100.0%66.5%29.2%-13.4%-1.4K127.1K-71315.00145.97N/AN/A1156172
2020-03-13$36.42$43.0054.3%15.6%67.8%91.0%40.6%32.4%-6.5%-1.6K111.1K-7912.30142.45N/AN/A10236269
2020-03-16$32.29$42.00110.9%31.8%77.6%100.0%70.0%12.4%-72.9%-1.4K162.1K-8250.00125.46N/AN/A067287
2020-03-17$33.96$42.0074.0%21.2%81.3%64.1%0.0%41.5%-42.8%-1.6K153.9K-8870.00122.08N/AN/A007288
2020-03-18$30.70$42.0079.3%22.7%86.3%69.3%0.0%-0.7%-20.2%-1.2K171.6K-7130.00130.36N/AN/A007288
2020-03-19$31.26$42.00110.4%31.6%87.3%99.5%0.0%82.2%-84.5%-1.3K175.7K-7320.00116.77N/AN/A007288
2020-03-20$30.37$42.0069.6%20.0%87.2%59.9%0.0%29.5%2.9%-1.2K173.1K-6970.00110.08N/AN/A007288
2020-03-23$29.21$42.0068.4%19.6%87.3%58.8%77.6%-2.5%52.5%-1.2K167.8K-5500.00112.24N/AN/A016480
2020-03-24$31.84$42.0054.2%15.5%95.3%44.9%0.0%31.6%3.7%-1.8K171.0K-6240.00111.71N/AN/A0106480
2020-03-25$33.40$42.0063.7%18.3%97.8%54.2%0.0%16.1%-20.8%-2.4K174.2K-8310.00115.08N/AN/A006490
2020-03-26$34.26$42.0051.1%14.7%98.8%41.9%0.0%16.8%-2.9%-2.8K169.5K-8490.00115.63N/AN/A006490
2020-03-27$32.62$42.0062.1%17.8%99.5%52.6%0.0%10.1%-20.2%-2.2K179.2K-7840.00114.22N/AN/A006490
2020-03-30$33.99$42.0055.4%15.9%101.0%46.0%0.0%20.3%-5.3%-2.7K172.1K-8280.00104.82N/AN/A006490
2020-03-31$33.81$42.0055.0%15.8%101.0%45.6%47.3%24.8%-24.9%-2.7K181.1K-7750.00101.97N/AN/A1806490