EPP Options History — November 2021

In November 2021, EPP traded between $47.78 and $51.40. ATM implied volatility averaged 18.9%, placing in the 41.3% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 8.1% (HV 20d: 10.8%). Max pain ranged from $52.00 to $53.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.65.

Notable Days

2021-11-30: Highest Volume — 84 contracts
2021-11-26: Largest IV spike — 18.2% change
2021-11-26: Highest IV Rank — 62.2%
2021-11-26: Largest Expected Move — 6.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.21	$47.78	$51.40	$51.27	$47.78
Max Pain	$52.85	$52.00	$53.00	$52.00	$53.00
ATM IV	18.9%	14.8%	21.8%	17.5%	19.4%
Expected Move	5.5%	4.2%	6.3%	5.0%	5.6%
HV 20d	10.8%	9.2%	14.6%	10.9%	14.6%
HV 60d	13.8%	13.4%	15.0%	13.8%	15.0%
IV Rank	41.3%	18.4%	62.2%	32.7%	48.0%
IV Percentile	66.1%	12.7%	88.9%	50.0%	74.2%
Term Structure	-1.3%	-4.0%	1.6%	1.6%	-4.0%
VWIV	18.6%	12.1%	28.3%	16.5%	22.2%
Skew 25d	4.8%	1.6%	17.7%	4.3%	4.3%
Skew 10d	10.9%	4.8%	14.1%	11.4%	8.1%
Call IV 25d	17.5%	14.6%	20.8%	14.6%	20.8%
Put IV 25d	22.3%	18.9%	36.2%	18.9%	25.2%
Bid-Ask Spread %	95.46	73.80	120.39	91.19	83.20
Gamma HHI	0.38	0.19	0.56	0.41	0.22
Net GEX	4.0K	-6.3K	12.2K	7.6K	-6.3K
Net DEX	24.5K	-38.1K	103.0K	-16.1K	103.0K
Net VEX	-441	-546	-321	-546	-321
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.65	0.91	1.90	1.44	0.91
Total Volume	69.048	61	84	66	84
Total OI	82	60	91	91	70

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	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-11-01	$51.27	$52.00	17.5%	5.0%	10.9%	32.7%	16.5%	4.3%	1.6%	7.6K	-16.1K	-546	1.44	91.19	N/A	N/A	27	39	46	45
2021-11-02	$50.94	$52.00	17.9%	5.1%	10.8%	34.9%	17.9%	6.6%	1.2%	10.2K	-18.8K	-503	1.48	73.80	N/A	N/A	27	40	46	39
2021-11-03	$51.11	$52.00	14.8%	4.2%	10.4%	18.4%	15.4%	17.7%	1.5%	10.3K	-12.8K	-518	1.48	120.39	N/A	N/A	27	40	46	40
2021-11-04	$50.90	$0.00	15.7%	5.3%	9.9%	23.2%	12.3%	3.7%	-1.4%	9.8K	-15.7K	-512	1.52	89.24	N/A	N/A	27	41	46	40
2021-11-05	$51.24	$53.00	16.4%	5.3%	10.1%	26.8%	12.1%	4.0%	-1.8%	11.4K	-25.7K	-503	1.52	91.48	N/A	N/A	27	41	46	41
2021-11-08	$51.40	$53.00	18.5%	5.6%	10.0%	38.2%	14.6%	4.0%	-1.5%	12.2K	-38.1K	-514	1.52	94.94	N/A	N/A	27	41	46	41
2021-11-09	$50.98	$53.00	18.8%	5.3%	10.6%	39.6%	20.4%	2.1%	-0.7%	10.6K	-17.1K	-498	1.56	96.03	N/A	N/A	27	42	46	42
2021-11-10	$50.43	$53.00	19.7%	5.6%	11.1%	44.5%	16.9%	2.9%	-1.4%	9.2K	3.4K	-524	1.56	96.52	N/A	N/A	27	42	46	42
2021-11-11	$50.41	$53.00	19.4%	5.6%	10.8%	43.0%	18.4%	3.4%	-1.3%	6.7K	19.0K	-439	1.67	91.25	N/A	N/A	27	45	46	42
2021-11-12	$50.60	$53.00	19.1%	5.5%	10.7%	41.2%	18.9%	2.8%	-1.4%	6.9K	18.9K	-438	1.67	99.94	N/A	N/A	27	45	46	45
2021-11-15	$50.80	$53.00	19.0%	5.5%	10.7%	40.9%	18.1%	5.3%	-2.0%	9.5K	7.5K	-457	1.67	100.53	N/A	N/A	27	45	46	45
2021-11-16	$50.65	$53.00	19.5%	5.6%	9.7%	43.5%	19.8%	3.5%	-1.3%	9.9K	7.2K	-431	1.67	95.39	N/A	N/A	27	45	44	40
2021-11-17	$49.94	$53.00	20.8%	6.0%	10.1%	50.6%	20.7%	6.2%	-1.8%	3.4K	33.9K	-427	1.85	104.03	N/A	N/A	27	50	44	40
2021-11-18	$49.98	$53.00	20.3%	5.8%	9.7%	47.6%	18.8%	4.9%	-2.4%	-960	50.8K	-382	1.85	100.11	N/A	N/A	27	50	43	45
2021-11-19	$49.68	$53.00	20.6%	5.9%	9.6%	49.5%	20.1%	3.6%	-2.8%	-2.6K	64.5K	-442	1.85	97.27	N/A	N/A	27	50	43	45
2021-11-22	$49.74	$53.00	21.0%	6.0%	9.2%	51.4%	22.2%	3.5%	-2.5%	-3.3K	52.8K	-384	1.90	96.24	N/A	N/A	21	40	20	40
2021-11-23	$49.96	$53.00	19.1%	5.5%	9.5%	41.1%	19.9%	1.6%	-0.5%	-4.9K	51.7K	-379	1.90	104.31	N/A	N/A	21	40	20	50
2021-11-24	$49.88	$53.00	18.4%	5.3%	9.5%	37.9%	17.1%	4.5%	-0.5%	-4.0K	55.3K	-339	1.90	87.66	N/A	N/A	21	40	20	50
2021-11-26	$48.26	$53.00	21.8%	6.3%	14.3%	62.2%	28.3%	8.6%	-3.5%	-6.0K	95.6K	-374	1.90	105.74	N/A	N/A	21	40	20	50
2021-11-29	$48.38	$53.00	20.0%	5.7%	14.3%	51.2%	19.3%	3.0%	-1.5%	-5.8K	94.7K	-334	1.90	85.42	N/A	N/A	21	40	20	50
2021-11-30	$47.78	$53.00	19.4%	5.6%	14.6%	48.0%	22.2%	4.3%	-4.0%	-6.3K	103.0K	-321	0.91	83.20	N/A	N/A	44	40	20	50