EPP Options History — January 2021

In January 2021, EPP traded between $47.87 and $50.43. ATM implied volatility averaged 20.1%, placing in the 9.8% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 6.4% (HV 20d: 13.7%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 9.07.

Notable Days

  • 2021-01-26: Highest Volume — 81 contracts
  • 2021-01-07: Largest IV spike — 34.3% change
  • 2021-01-28: Highest IV Rank — 13.5%
  • 2021-01-28: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.41$47.87$50.43$48.12$47.87
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV20.1%16.2%24.3%22.4%23.3%
Expected Move5.7%5.0%7.0%5.7%6.7%
HV 20d13.7%12.3%18.5%12.3%18.5%
HV 60d17.1%16.4%18.2%16.7%18.2%
IV Rank9.8%6.7%13.5%12.8%12.5%
IV Percentile28.6%14.3%50.4%39.7%43.7%
Term Structure0.3%-3.9%6.4%0.1%-0.4%
VWIV14.7%10.6%18.9%18.9%10.6%
Skew 25d4.9%-29.7%14.5%5.2%5.4%
Skew 10d7.8%-25.6%16.1%15.2%9.3%
Call IV 25d17.6%11.7%51.5%18.5%17.3%
Put IV 25d22.5%18.8%27.5%23.7%22.8%
Bid-Ask Spread %99.8770.85123.7870.85116.08
Gamma HHI0.480.260.680.260.52
Net GEX7.4K-32.2K27.2K3.5K19.0K
Net DEX-272.2K-396.7K-17.8K-100.6K-17.8K
Net VEX-2.1K-2.5K-2.0K-2.0K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.070.0080.000.001.00
Total Volume9.21108124
Total OI278.211236301277299

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$48.12$0.0022.4%5.7%12.3%12.8%0.0%5.2%0.1%3.5K-100.6K-2.0K0.0070.85N/AN/A20153124
2021-01-05$49.01$0.0023.0%5.6%13.5%13.4%0.0%6.5%-2.2%1.7K-188.2K-2.0K0.0097.31N/AN/A02155124
2021-01-06$49.15$0.0016.2%5.5%13.2%6.7%0.0%5.2%0.3%-4.9K-237.7K-2.0K0.00104.61N/AN/A180155124
2021-01-07$49.33$0.0021.8%5.9%13.2%12.2%0.0%5.0%-0.7%3.8K-269.5K-2.2K0.0098.00N/AN/A00173124
2021-01-08$49.62$0.0017.4%5.3%13.2%7.9%0.0%5.4%0.2%-885-329.7K-2.1K0.0088.25N/AN/A00173124
2021-01-11$49.00$0.0021.1%5.9%13.8%11.6%0.0%6.3%0.7%-6.0K-243.3K-2.1K0.0079.83N/AN/A00173124
2021-01-12$49.34$0.0021.0%5.8%13.6%11.4%0.0%4.2%0.1%-14.4K-293.0K-2.0K0.0080.25N/AN/A00173124
2021-01-13$49.26$0.0020.0%5.7%13.2%9.3%0.0%6.3%0.3%-17.1K-299.6K-2.0K0.0084.59N/AN/A00173124
2021-01-14$49.62$0.0018.8%5.4%13.2%8.1%0.0%5.8%-3.9%-5.7K-353.9K-2.0K0.0087.84N/AN/A00173128
2021-01-15$49.26$0.0019.1%5.5%13.6%8.4%18.9%4.1%2.4%-32.2K-351.9K-2.0K0.0097.17N/AN/A400173128
2021-01-19$49.73$50.0018.8%5.4%13.7%8.1%0.0%6.0%-0.9%24.1K-338.0K-2.1K0.00110.14N/AN/A0016868
2021-01-20$50.34$50.0017.4%5.0%13.4%6.7%10.6%6.4%0.2%25.5K-368.4K-2.1K0.00101.84N/AN/A1016868
2021-01-21$50.43$50.0019.7%5.7%12.7%9.0%0.0%10.7%-1.4%21.1K-396.7K-2.1K0.60107.74N/AN/A10616968
2021-01-22$50.00$50.0019.4%5.6%12.9%8.7%0.0%6.0%2.9%26.6K-365.8K-2.2K0.00110.33N/AN/A0017974
2021-01-25$50.18$50.0018.2%5.2%12.4%7.5%0.0%6.7%1.9%27.2K-383.1K-2.2K0.00105.93N/AN/A1017974
2021-01-26$50.18$50.0021.6%6.2%12.5%10.9%0.0%13.6%3.2%25.2K-395.3K-2.2K80.00110.33N/AN/A18018174
2021-01-27$49.00$50.0019.2%5.5%15.5%8.5%0.0%-29.7%6.4%21.1K-132.1K-2.5K0.00123.78N/AN/A08182114
2021-01-28$49.26$50.0024.3%7.0%15.6%13.5%0.0%14.5%-3.8%22.5K-106.4K-2.3K0.00122.74N/AN/A20182117
2021-01-29$47.87$50.0023.3%6.7%18.5%12.5%0.0%5.4%-0.4%19.0K-17.8K-2.2K1.00116.08N/AN/A22182117