EPP Options History — January 2022

In January 2022, EPP traded between $44.83 and $48.41. ATM implied volatility averaged 21.3%, placing in the 49.7% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 6.1% (HV 20d: 15.3%). Max pain ranged from $49.00 to $54.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 5.48.

Notable Days

  • 2022-01-21: Highest Volume — 106 contracts
  • 2022-01-10: Largest IV spike — 76.8% change
  • 2022-01-31: Highest IV Rank — 80.1%
  • 2022-01-31: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.10$44.83$48.41$47.82$45.42
Max Pain$53.05$49.00$54.00$49.00$52.00
ATM IV21.3%14.3%27.5%16.1%27.5%
Expected Move6.0%4.6%7.9%4.6%7.9%
HV 20d15.3%12.6%17.9%17.9%16.7%
HV 60d15.8%15.0%16.7%15.0%16.7%
IV Rank49.7%14.6%80.1%23.4%80.1%
IV Percentile72.7%6.7%98.0%31.7%98.0%
Term Structure-0.9%-9.9%4.6%1.0%-9.9%
VWIV20.7%13.5%27.5%16.5%24.3%
Skew 25d7.2%3.8%12.0%4.9%11.9%
Skew 10d14.6%6.7%20.9%14.9%17.4%
Call IV 25d17.5%11.3%27.5%14.8%20.4%
Put IV 25d24.7%19.1%34.3%19.6%32.3%
Bid-Ask Spread %99.7671.82119.2292.76116.04
Gamma HHI0.330.240.480.250.30
Net GEX1.7K-5.3K11.5K3.2K-5.2K
Net DEX74.8K37.1K104.7K62.4K99.4K
Net VEX-327-451-253-451-291
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.481.1920.501.218.67
Total Volume84.852910610429
Total OI99.56212212264

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$47.82$49.0016.1%4.6%17.9%23.4%16.5%4.9%1.0%3.2K62.4K-4511.2192.76N/AN/A47574577
2022-01-04$48.41$49.0016.0%4.6%17.5%23.2%15.9%7.8%-0.1%7.8K37.1K-4241.2198.21N/AN/A47574569
2022-01-05$47.75$49.0017.5%5.0%17.5%30.4%16.2%6.0%-0.8%6.1K54.4K-4241.21108.41N/AN/A47574569
2022-01-06$47.28$54.0025.1%5.2%17.4%68.4%15.6%4.6%3.6%2.2K69.9K-3321.21108.42N/AN/A47574569
2022-01-07$47.58$54.0014.3%5.0%17.7%14.6%16.3%8.5%0.0%3.3K79.4K-3391.2192.22N/AN/A47574569
2022-01-10$47.30$54.0025.3%6.8%17.7%69.3%20.5%5.3%-3.8%3.4K71.4K-3581.21101.90N/AN/A47574569
2022-01-11$47.79$54.0016.6%4.6%12.6%26.0%21.6%5.5%1.7%3.2K81.6K-2911.1996.94N/AN/A48574569
2022-01-12$48.37$54.0020.2%5.8%12.9%44.2%13.5%7.2%-1.5%11.5K48.3K-3531.1971.82N/AN/A48574669
2022-01-13$48.18$54.0022.5%6.5%12.9%55.6%25.6%8.6%-8.2%10.8K38.2K-3591.19110.77N/AN/A48574669
2022-01-14$48.07$54.0018.9%5.4%13.0%37.4%18.2%3.8%-0.9%6.6K37.2K-3731.19105.69N/AN/A48574669
2022-01-18$47.25$54.0017.6%5.0%14.1%31.0%21.0%4.6%-1.5%2.2K84.5K-3081.19119.22N/AN/A48574669
2022-01-19$47.66$54.0022.4%6.4%14.2%55.2%19.9%6.0%-0.6%2.9K87.9K-3141.1998.28N/AN/A48574669
2022-01-20$47.69$54.0021.0%6.0%13.6%47.9%17.6%7.3%-3.2%4.1K91.1K-2751.1979.06N/AN/A48574669
2022-01-21$46.87$54.0020.1%5.8%14.4%43.4%23.3%6.9%2.6%-3.5K104.7K-2531.2187.34N/AN/A48584669
2022-01-24$46.25$54.0024.0%6.9%14.8%63.1%25.3%12.0%-2.1%-5.3K93.0K-31320.5072.36N/AN/A241161
2022-01-25$46.41$54.0023.9%6.9%14.7%62.5%27.5%10.4%4.0%-4.9K83.0K-25420.50108.02N/AN/A241162
2022-01-26$45.77$54.0026.0%7.5%15.2%73.1%25.6%4.7%-3.4%-4.6K81.6K-27520.50111.87N/AN/A241162
2022-01-27$45.23$54.0027.2%7.8%15.5%79.1%24.7%10.5%0.9%-5.1K97.3K-29913.67110.73N/AN/A341162
2022-01-28$44.83$52.0024.7%7.1%15.6%66.5%24.6%6.9%4.6%-4.4K93.7K-2559.00105.07N/AN/A327262
2022-01-31$45.42$52.0027.5%7.9%16.7%80.1%24.3%11.9%-9.9%-5.2K99.4K-2918.67116.04N/AN/A326262