EPP Options History — May 2022

In May 2022, EPP traded between $42.89 and $47.12. ATM implied volatility averaged 25.3%, placing in the 52.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 0.7% (HV 20d: 24.5%). Max pain ranged from $45.00 to $47.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 29.92.

Notable Days

  • 2022-05-20: Highest Volume — 132 contracts
  • 2022-05-23: Largest IV drop — 26.3% change
  • 2022-05-10: Highest IV Rank — 77.0%
  • 2022-05-09: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.09$42.89$47.12$45.81$46.31
Max Pain$46.64$45.00$47.00$47.00$47.00
ATM IV25.3%20.3%31.8%30.0%23.0%
Expected Move7.1%5.8%8.9%8.6%6.6%
HV 20d24.5%16.7%28.5%17.0%26.8%
HV 60d21.3%18.8%22.6%18.8%22.2%
IV Rank52.6%33.9%77.0%70.5%43.9%
IV Percentile81.5%60.3%98.0%96.0%72.6%
Term Structure-2.3%-7.9%2.0%-7.9%-2.7%
VWIV22.9%17.6%28.1%23.4%22.6%
Skew 25d4.7%-3.1%10.8%6.0%3.3%
Skew 10d10.5%-8.0%21.3%9.0%7.7%
Call IV 25d23.0%13.2%29.9%25.7%20.7%
Put IV 25d27.7%24.0%32.9%31.7%24.0%
Bid-Ask Spread %99.2488.97110.31110.31101.80
Gamma HHI0.410.280.560.340.51
Net GEX-10.5K-14.9K-5.9K-12.6K-6.2K
Net DEX139.2K29.9K230.4K127.2K37.2K
Net VEX-491-911-167-564-309
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio29.923.0397.003.0397.00
Total Volume118.5719813212598
Total OI202.667161222218161

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$45.81$47.0030.0%8.6%17.0%70.5%23.4%6.0%-7.9%-12.6K127.2K-5643.03110.31N/AN/A319431187
2022-05-03$46.23$47.0024.1%6.9%16.7%48.2%17.6%-3.1%0.5%-14.9K121.1K-5253.0394.58N/AN/A319431187
2022-05-04$47.12$47.0022.8%6.5%18.5%43.4%17.6%5.3%0.1%-14.4K87.5K-4283.06104.14N/AN/A319531187
2022-05-05$45.51$0.0028.2%7.1%21.7%63.6%0.0%7.6%-0.1%-13.0K155.4K-6313.0688.97N/AN/A319531188
2022-05-06$44.96$0.0029.8%7.9%21.9%69.8%0.0%6.9%-3.3%-13.7K171.7K-6243.0697.69N/AN/A319531188
2022-05-09$43.65$0.0030.9%8.9%23.4%73.9%0.0%7.1%-1.2%-13.3K226.2K-9113.0697.25N/AN/A319531188
2022-05-10$43.59$0.0031.8%7.5%23.3%77.0%0.0%0.4%-2.2%-11.9K204.4K-8143.06101.87N/AN/A319531188
2022-05-11$43.52$0.0024.3%7.0%23.3%48.9%0.0%2.6%-3.7%-13.4K217.0K-8353.06109.11N/AN/A319531188
2022-05-12$42.89$0.0026.6%7.6%23.0%57.7%0.0%6.5%-3.4%-11.7K230.4K-7193.0692.56N/AN/A319531188
2022-05-13$44.32$0.0023.6%6.8%26.9%46.4%0.0%5.6%-0.5%-8.5K199.4K-5073.0692.74N/AN/A319531188
2022-05-16$44.45$0.0024.4%7.0%27.0%49.3%0.0%6.2%-1.1%-8.1K198.0K-5043.1090.13N/AN/A319631188
2022-05-17$45.24$0.0023.0%6.6%27.8%43.9%0.0%4.0%-2.7%-11.1K176.2K-3123.1091.23N/AN/A319631189
2022-05-18$44.30$0.0024.9%7.1%28.1%51.0%24.5%3.3%-2.9%-7.1K197.0K-4633.1690.04N/AN/A319831189
2022-05-19$44.93$45.0025.7%7.4%28.5%54.2%26.3%4.5%-5.1%-12.8K192.3K-3883.16104.15N/AN/A319831191
2022-05-20$45.25$45.0027.6%7.9%27.7%61.2%24.3%6.5%-7.8%-12.0K169.5K-1673.26105.40N/AN/A3110131191
2022-05-23$45.59$47.0020.3%5.8%27.4%33.9%25.0%5.0%-1.6%-7.2K29.9K-21097.0099.09N/AN/A1971160
2022-05-24$45.43$47.0020.3%5.8%26.7%33.9%23.2%3.3%0.1%-8.0K44.5K-31897.0099.52N/AN/A1971160
2022-05-25$45.49$47.0022.2%6.4%26.5%41.1%20.1%2.6%-2.9%-5.9K57.0K-45797.00105.22N/AN/A1971160
2022-05-26$45.74$47.0022.6%6.5%26.2%42.6%22.5%4.6%-2.4%-8.2K38.8K-28997.00100.51N/AN/A1971160
2022-05-27$46.56$47.0024.6%7.1%26.8%50.1%28.1%10.8%2.0%-6.8K42.2K-32797.00107.81N/AN/A1971160
2022-05-31$46.31$47.0023.0%6.6%26.8%43.9%22.6%3.3%-2.7%-6.2K37.2K-30997.00101.80N/AN/A1971160