EPP Options History — July 2021

In July 2021, EPP traded between $50.03 and $51.82. ATM implied volatility averaged 15.6%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 3.2% (HV 20d: 12.4%). Max pain ranged from $52.00 to $56.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 1.67.

Notable Days

  • 2021-07-09: Highest Volume — 33 contracts
  • 2021-07-12: Largest IV spike — 44.9% change
  • 2021-07-19: Highest IV Rank — 29.4%
  • 2021-07-19: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.28$50.03$51.82$51.47$51.02
Max Pain$52.89$52.00$56.00$56.00$52.00
ATM IV15.6%11.9%18.2%15.3%15.6%
Expected Move4.4%3.4%5.1%4.4%4.5%
HV 20d12.4%8.3%15.3%9.4%15.3%
HV 60d12.8%12.1%13.4%12.4%12.7%
IV Rank16.6%0.0%29.4%8.3%18.6%
IV Percentile16.3%0.0%35.7%10.7%14.7%
Term Structure1.4%-0.1%7.3%0.1%0.9%
VWIV14.7%14.7%14.7%14.7%14.7%
Skew 25d5.0%0.8%9.2%2.4%3.1%
Skew 10d7.2%-0.1%12.9%1.3%7.9%
Call IV 25d13.3%10.1%16.9%11.4%15.0%
Put IV 25d18.3%13.8%26.0%13.8%18.1%
Bid-Ask Spread %92.4968.18115.0695.7186.04
Gamma HHI0.260.170.430.180.39
Net GEX3.9K-4.7K12.1K4.0K10.6K
Net DEX1.0M785.9K1.3M1.3M797.5K
Net VEX-392-547-262-540-405
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.005.000.000.00
Total Volume3.28603300
Total OI312.476208413413229

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$51.47$56.0015.3%4.4%9.4%8.3%0.0%2.4%0.1%4.0K1.3M-5400.0095.71N/AN/A0092321
2021-07-02$51.76$56.0011.9%3.4%8.3%0.0%0.0%3.6%1.5%4.6K1.3M-5470.0098.44N/AN/A0092321
2021-07-06$51.41$0.0017.0%4.6%8.5%14.0%0.0%7.4%1.8%2.3K1.3M-4820.0081.24N/AN/A0092321
2021-07-07$51.82$0.0014.4%4.3%9.1%6.9%0.0%3.7%1.3%4.8K1.3M-4360.0081.36N/AN/A0292321
2021-07-08$50.96$0.0017.3%5.0%10.3%21.2%0.0%3.0%0.3%-4.7K1.3M-4030.0081.72N/AN/A0092319
2021-07-09$51.66$0.0012.6%4.3%11.7%2.4%0.0%8.4%1.1%-4941.3M-3890.0097.58N/AN/A33092319
2021-07-12$51.79$0.0018.2%4.1%11.8%24.7%0.0%4.7%2.1%-1.4K1.3M-3540.0089.70N/AN/A0166318
2021-07-13$51.61$0.0015.9%4.1%11.7%15.8%0.0%4.7%2.5%-1.4K1.3M-3280.00101.50N/AN/A0066318
2021-07-14$51.66$0.0014.1%4.0%11.7%9.2%0.0%1.9%2.1%-6861.3M-3080.0068.18N/AN/A0066318
2021-07-15$51.33$0.0015.5%4.4%11.8%17.8%0.0%3.7%7.3%-3.4K1.3M-3210.00106.29N/AN/A0066318
2021-07-16$51.14$0.0014.9%4.3%11.7%15.0%0.0%0.8%0.1%1.2K1.0M-2625.00110.30N/AN/A21066259
2021-07-19$50.03$0.0017.7%5.1%13.0%29.4%0.0%9.2%2.3%164831.0K-3120.00107.16N/AN/A0019189
2021-07-20$50.71$0.0016.8%4.8%13.9%24.6%0.0%7.2%1.2%50833.1K-3300.00108.36N/AN/A0019189
2021-07-21$51.28$0.0016.5%4.7%14.5%23.3%14.7%7.4%0.7%189833.6K-3150.00113.67N/AN/A21019189
2021-07-22$51.49$52.0015.4%4.4%14.6%17.7%0.0%7.8%1.2%11.4K788.3K-4180.00115.06N/AN/A0040189
2021-07-23$51.50$52.0014.5%4.2%14.4%13.2%0.0%4.1%0.3%11.4K785.9K-4380.0068.97N/AN/A0040189
2021-07-26$51.33$52.0015.8%4.5%14.4%19.8%0.0%4.3%0.1%12.1K790.8K-4070.0075.10N/AN/A0040189
2021-07-27$50.68$52.0017.5%5.0%14.8%28.3%0.0%8.8%-0.1%8.6K800.4K-4050.0093.47N/AN/A0040189
2021-07-28$50.90$52.0015.6%4.5%15.0%18.6%0.0%5.2%2.5%9.9K800.3K-4250.0088.55N/AN/A0040189
2021-07-29$51.28$52.0016.0%4.6%15.2%20.6%0.0%2.7%0.5%11.9K788.6K-4090.0073.89N/AN/A0040189
2021-07-30$51.02$52.0015.6%4.5%15.3%18.6%0.0%3.1%0.9%10.6K797.5K-4050.0086.04N/AN/A0040189