EPP Options History — August 2020

In August 2020, EPP traded between $40.73 and $42.74. ATM implied volatility averaged 21.6%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 6.7% (HV 20d: 14.9%). Max pain ranged from $43.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2020-08-14: Highest Volume — 10 contracts
2020-08-13: Largest IV spike — 42.7% change
2020-08-27: Highest IV Rank — 17.3%
2020-08-27: Largest Expected Move — 7.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.93	$40.73	$42.74	$40.73	$42.58
Max Pain	$43.29	$43.00	$45.00	$45.00	$43.00
ATM IV	21.6%	15.8%	25.9%	20.0%	23.6%
Expected Move	6.1%	4.5%	7.4%	5.7%	6.8%
HV 20d	14.9%	11.2%	16.6%	16.6%	11.2%
HV 60d	24.1%	19.7%	26.8%	26.8%	19.7%
IV Rank	13.2%	7.5%	17.3%	11.6%	15.1%
IV Percentile	54.2%	40.9%	61.9%	54.4%	57.1%
Term Structure	1.3%	-3.7%	5.3%	1.3%	-3.7%
VWIV	18.1%	18.1%	18.1%	18.1%	18.1%
Skew 25d	5.3%	-2.9%	11.1%	4.5%	7.6%
Skew 10d	9.0%	1.0%	23.1%	23.1%	1.0%
Call IV 25d	18.6%	13.2%	25.4%	20.1%	13.2%
Put IV 25d	23.9%	15.5%	31.0%	24.7%	20.8%
Bid-Ask Spread %	101.90	73.34	127.12	81.81	108.87
Gamma HHI	0.29	0.21	0.69	0.21	0.25
Net GEX	16.7K	7.1K	55.0K	10.6K	7.8K
Net DEX	3.0M	-161.5K	4.5M	4.4M	-147.4K
Net VEX	-1.2K	-2.1K	-696	-1.1K	-715
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	0.952	0	10	0	0
Total OI	1,734.762	146	2,373	2,363	146

Daily Data (21 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	Call OI	Put OI
2020-08-03	$40.73	$45.00	20.0%	5.7%	16.6%	11.6%	0.0%	4.5%	1.3%	10.6K	4.4M	-1.1K	81.81	N/A	N/A	0	1,207	1,156
2020-08-04	$41.16	$45.00	23.2%	6.7%	16.2%	14.8%	0.0%	9.5%	-1.1%	12.0K	4.2M	-2.1K	87.46	N/A	N/A	5	1,207	1,156
2020-08-05	$41.34	$45.00	18.8%	5.4%	16.3%	10.5%	18.1%	-0.1%	2.0%	13.9K	4.3M	-1.6K	102.01	N/A	N/A	3	1,212	1,156
2020-08-06	$41.50	$43.00	25.0%	6.4%	15.6%	16.5%	0.0%	2.3%	2.6%	14.4K	4.2M	-1.8K	108.29	N/A	N/A	0	1,215	1,156
2020-08-07	$41.09	$43.00	24.8%	6.4%	16.1%	16.3%	0.0%	2.1%	2.0%	12.9K	4.2M	-2.0K	118.46	N/A	N/A	0	1,215	1,156
2020-08-10	$41.44	$43.00	23.1%	6.8%	16.1%	14.6%	0.0%	6.7%	1.4%	15.2K	4.3M	-1.5K	91.91	N/A	N/A	0	1,215	1,156
2020-08-11	$41.62	$43.00	24.2%	6.6%	15.9%	15.8%	0.0%	4.5%	0.3%	16.2K	4.1M	-2.1K	90.62	N/A	N/A	0	1,215	1,156
2020-08-12	$42.34	$43.00	15.8%	4.5%	16.4%	7.5%	0.0%	1.0%	2.7%	19.8K	4.1M	-2.1K	123.13	N/A	N/A	0	1,215	1,156
2020-08-13	$41.91	$43.00	22.5%	6.5%	15.9%	14.1%	0.0%	-2.9%	0.6%	19.6K	4.4M	-1.1K	101.76	N/A	N/A	0	1,215	1,156
2020-08-14	$41.90	$43.00	18.7%	5.4%	15.9%	10.4%	0.0%	4.8%	2.3%	19.3K	4.3M	-1.3K	73.34	N/A	N/A	10	1,215	1,156
2020-08-17	$42.25	$43.00	19.2%	5.5%	16.0%	10.8%	0.0%	5.1%	0.2%	25.4K	4.5M	-828	82.95	N/A	N/A	2	1,215	1,156
2020-08-18	$42.28	$43.00	21.1%	6.0%	15.1%	12.7%	0.0%	6.1%	2.5%	25.8K	4.5M	-832	95.93	N/A	N/A	0	1,217	1,156
2020-08-19	$42.18	$43.00	19.9%	5.7%	14.9%	11.5%	0.0%	9.6%	3.7%	25.1K	4.4M	-836	109.12	N/A	N/A	0	1,217	1,156
2020-08-20	$42.05	$43.00	21.6%	6.2%	14.3%	13.2%	0.0%	4.9%	5.3%	20.8K	4.4M	-821	105.19	N/A	N/A	0	1,217	1,156
2020-08-21	$41.88	$43.00	22.0%	6.3%	14.3%	13.6%	0.0%	6.9%	1.8%	55.0K	4.5M	-774	103.83	N/A	N/A	0	1,217	1,156
2020-08-24	$42.31	$43.00	22.5%	6.5%	14.3%	14.1%	0.0%	6.5%	-0.9%	7.3K	-148.4K	-734	101.16	N/A	N/A	0	90	56
2020-08-25	$42.41	$43.00	21.9%	6.3%	14.0%	13.5%	0.0%	11.1%	1.6%	7.1K	-152.0K	-703	107.57	N/A	N/A	0	90	56
2020-08-26	$42.53	$43.00	20.1%	5.8%	13.6%	11.7%	0.0%	7.5%	2.8%	7.8K	-142.2K	-736	110.97	N/A	N/A	0	90	56
2020-08-27	$42.39	$43.00	25.9%	7.4%	13.1%	17.3%	0.0%	5.6%	-1.0%	7.1K	-146.1K	-727	127.12	N/A	N/A	0	90	56
2020-08-28	$42.74	$43.00	19.6%	5.6%	11.4%	11.3%	0.0%	7.2%	1.7%	7.6K	-161.5K	-696	108.41	N/A	N/A	0	90	56
2020-08-31	$42.58	$43.00	23.6%	6.8%	11.2%	15.1%	0.0%	7.6%	-3.7%	7.8K	-147.4K	-715	108.87	N/A	N/A	0	90	56