EPP Options History — April 2021

In April 2021, EPP traded between $50.67 and $53.00. ATM implied volatility averaged 16.8%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 4.3% (HV 20d: 12.5%). Max pain ranged from $47.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2021-04-13: Highest Volume — 373 contracts
  • 2021-04-12: Largest IV spike — 100.7% change
  • 2021-04-12: Highest IV Rank — 40.7%
  • 2021-04-14: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.86$50.67$53.00$50.70$51.94
Max Pain$47.16$47.00$50.00$50.00$47.00
ATM IV16.8%13.7%27.6%16.5%14.8%
Expected Move4.6%4.1%5.6%4.7%4.2%
HV 20d12.5%11.8%14.2%11.8%14.2%
HV 60d15.0%13.1%15.6%15.3%13.8%
IV Rank7.7%0.0%40.7%3.3%3.1%
IV Percentile10.9%0.0%72.2%4.8%1.6%
Term Structure2.1%-0.1%6.5%1.5%2.4%
VWIV21.5%15.1%25.6%25.6%15.1%
Skew 25d3.2%-2.6%8.3%1.0%-2.6%
Skew 10d8.9%2.3%14.4%2.3%6.4%
Call IV 25d14.6%8.6%18.4%13.1%16.3%
Put IV 25d17.8%13.2%20.7%14.1%13.7%
Bid-Ask Spread %101.1750.42121.11101.5394.68
Gamma HHI0.290.160.570.410.18
Net GEX39.7K11.8K75.0K60.3K23.0K
Net DEX922.1K648.6K1.1M934.4K1.1M
Net VEX-1.8K-2.1K-1.4K-1.9K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.002.112.110.00
Total Volume23.5710373012
Total OI513.619417588582445

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$50.70$50.0016.5%4.7%11.8%3.3%0.0%1.0%1.5%60.3K934.4K-1.9K0.00101.53N/AN/A00218364
2021-04-05$51.30$0.0022.4%4.4%12.4%14.3%0.0%1.4%6.0%62.2K824.0K-2.1K0.00119.33N/AN/A00218364
2021-04-06$50.83$0.0016.5%4.7%12.4%3.3%25.6%4.8%1.1%65.1K897.1K-1.7K0.0050.42N/AN/A06218364
2021-04-07$50.67$47.0014.5%4.6%11.9%0.0%0.0%2.9%1.0%63.3K956.8K-1.8K0.0076.27N/AN/A00218370
2021-04-08$51.32$47.0016.3%4.9%12.6%4.0%0.0%3.6%0.4%62.1K828.4K-1.7K0.0098.76N/AN/A00218370
2021-04-09$51.27$47.0013.7%5.0%12.4%0.0%0.0%4.9%1.6%75.0K862.2K-1.6K0.0097.47N/AN/A00218370
2021-04-12$51.00$47.0027.6%4.7%12.3%40.7%0.0%2.5%2.3%59.4K947.0K-1.6K0.00100.36N/AN/A00208370
2021-04-13$51.35$47.0017.5%4.9%12.5%11.1%23.7%3.6%0.9%39.5K905.8K-1.4K2.11100.63N/AN/A120253208370
2021-04-14$51.75$47.0019.6%5.6%12.7%17.2%0.0%3.3%-0.1%69.3K803.7K-1.6K0.00103.21N/AN/A10208370
2021-04-15$52.41$47.0015.8%4.5%13.3%6.2%0.0%1.4%2.7%66.1K648.6K-1.6K0.0392.29N/AN/A732206370
2021-04-16$52.44$47.0015.6%4.5%12.4%5.5%0.0%3.8%3.3%23.5K727.3K-1.9K0.00107.76N/AN/A00205370
2021-04-19$52.27$47.0015.8%4.5%12.5%6.2%15.1%3.7%2.2%11.8K1.1M-1.5K0.00104.15N/AN/A210110307
2021-04-20$51.66$47.0016.5%4.7%13.4%8.3%0.0%1.0%2.0%16.9K1.0M-1.8K0.00105.59N/AN/A00131307
2021-04-21$52.16$47.0015.7%4.5%12.4%5.6%0.0%4.6%1.2%17.6K995.4K-2.1K0.00106.28N/AN/A00131307
2021-04-22$52.00$47.0016.7%4.8%12.3%8.7%0.0%4.1%1.3%19.6K1.0M-1.7K0.00105.64N/AN/A05131307
2021-04-23$52.62$47.0015.1%4.3%12.6%4.1%0.0%6.4%2.7%18.9K996.3K-1.7K0.00109.94N/AN/A00131312
2021-04-26$52.84$47.0015.2%4.4%12.2%4.4%0.0%3.9%2.3%22.9K989.1K-1.6K0.00107.70N/AN/A00131312
2021-04-27$52.65$47.0016.2%4.6%12.4%7.1%0.0%2.9%2.8%16.6K939.2K-2.1K0.00106.57N/AN/A00131312
2021-04-28$53.00$47.0014.4%4.1%12.3%1.9%0.0%8.3%6.5%21.9K974.4K-1.7K0.00121.11N/AN/A00131312
2021-04-29$52.98$47.0016.3%4.7%12.2%7.6%0.0%1.1%0.7%17.5K932.0K-2.1K0.00114.93N/AN/A20131312
2021-04-30$51.94$47.0014.8%4.2%14.2%3.1%0.0%-2.6%2.4%23.0K1.1M-1.6K0.0094.68N/AN/A012133312