EPP Options History — August 2022

In August 2022, EPP traded between $41.86 and $44.27. ATM implied volatility averaged 20.3%, placing in the 33.9% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 5.1% (HV 20d: 15.2%). Max pain ranged from $38.00 to $45.00. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 4.01.

Notable Days

2022-08-01: Highest Volume — 141 contracts
2022-08-22: Largest IV spike — 77.9% change
2022-08-22: Highest IV Rank — 69.2%
2022-08-22: Largest Expected Move — 8.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.06	$41.86	$44.27	$43.23	$41.86
Max Pain	$42.43	$38.00	$45.00	$43.00	$43.00
ATM IV	20.3%	14.1%	29.7%	22.9%	25.1%
Expected Move	5.8%	4.0%	8.5%	6.6%	7.2%
HV 20d	15.2%	12.6%	17.8%	17.8%	15.5%
HV 60d	22.1%	21.2%	24.7%	24.7%	21.5%
IV Rank	33.9%	10.3%	69.2%	43.8%	52.0%
IV Percentile	41.6%	2.4%	91.7%	62.3%	77.0%
Term Structure	0.8%	-5.5%	9.0%	-0.8%	-1.7%
VWIV	22.4%	12.0%	32.9%	21.5%	22.6%
Skew 25d	5.8%	-0.1%	15.4%	4.0%	1.9%
Skew 10d	6.7%	-3.3%	16.4%	10.8%	3.7%
Call IV 25d	16.7%	10.7%	26.5%	21.2%	21.1%
Put IV 25d	22.5%	15.3%	38.4%	25.2%	23.0%
Bid-Ask Spread %	110.05	95.83	128.09	102.69	111.42
Gamma HHI	0.43	0.27	0.56	0.39	0.42
Net GEX	1.7K	-8.6K	13.8K	4.2K	-8.6K
Net DEX	16.7K	-45.2K	82.0K	-6.9K	73.2K
Net VEX	-350	-592	-116	-423	-377
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.01	0.00	14.22	4.42	14.22
Total Volume	44	0	141	141	137
Total OI	200.783	154	214	154	198

Daily Data (23 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
2022-08-01	$43.23	$43.00	22.9%	6.6%	17.8%	43.8%	21.5%	4.0%	-0.8%	4.2K	-6.9K	-423	4.42	102.69	N/A	N/A	26	115	26	128
2022-08-02	$42.82	$43.00	20.2%	5.8%	17.7%	33.4%	18.2%	7.9%	3.8%	129	29.5K	-548	4.42	104.94	N/A	N/A	26	115	26	178
2022-08-03	$43.04	$43.00	26.2%	7.5%	17.7%	56.0%	25.1%	11.9%	-4.5%	-1.8K	35.7K	-592	4.42	119.20	N/A	N/A	26	115	26	178
2022-08-04	$43.13	$38.00	20.0%	5.6%	16.8%	32.7%	28.2%	6.6%	-0.8%	2.8K	6.7K	-442	4.42	95.83	N/A	N/A	26	115	26	178
2022-08-05	$43.02	$38.00	20.3%	5.4%	16.8%	33.9%	27.4%	3.4%	1.2%	1.3K	6.7K	-396	4.42	100.82	N/A	N/A	26	115	26	178
2022-08-08	$43.24	$38.00	19.5%	5.8%	13.4%	30.9%	32.9%	3.2%	-0.6%	6.7K	-6.0K	-386	4.42	99.14	N/A	N/A	26	115	26	178
2022-08-09	$42.91	$38.00	24.0%	5.6%	13.9%	47.7%	0.0%	-0.1%	-1.5%	1.3K	18.3K	-503	0.00	122.10	N/A	N/A	0	0	26	178
2022-08-10	$43.84	$38.00	18.4%	5.3%	15.4%	26.4%	12.0%	4.3%	2.9%	13.6K	-23.1K	-327	2.00	96.00	N/A	N/A	1	2	26	178
2022-08-11	$43.93	$45.00	17.9%	5.1%	14.5%	24.8%	20.6%	7.0%	1.0%	10.2K	-37.2K	-277	0.00	98.46	N/A	N/A	0	6	27	180
2022-08-12	$44.27	$45.00	19.3%	5.5%	14.4%	30.1%	0.0%	5.8%	-4.4%	10.3K	-45.2K	-239	0.00	111.50	N/A	N/A	0	0	27	185
2022-08-15	$43.89	$45.00	14.1%	4.0%	15.1%	10.3%	0.0%	6.7%	6.7%	13.4K	-23.5K	-263	0.00	110.96	N/A	N/A	0	0	27	185
2022-08-16	$43.84	$45.00	15.9%	4.6%	13.7%	17.3%	0.0%	2.6%	9.0%	13.8K	-21.9K	-277	0.00	109.39	N/A	N/A	0	0	27	185
2022-08-17	$43.39	$45.00	18.0%	5.2%	14.4%	25.1%	0.0%	4.5%	0.3%	8.8K	-24.0K	-116	0.00	124.40	N/A	N/A	0	1	27	185
2022-08-18	$43.42	$45.00	17.5%	5.0%	14.4%	23.1%	16.3%	10.8%	1.3%	10.4K	-4.9K	-237	0.00	112.61	N/A	N/A	9	0	27	186
2022-08-19	$42.82	$43.00	16.7%	4.8%	15.3%	20.1%	0.0%	3.6%	4.8%	3.2K	18.7K	-256	0.00	113.06	N/A	N/A	0	0	28	186
2022-08-22	$42.45	$43.00	29.7%	8.5%	15.2%	69.2%	21.0%	2.7%	7.4%	-8.4K	82.0K	-533	0.00	111.14	N/A	N/A	1	0	6	186
2022-08-23	$42.48	$43.00	20.2%	5.8%	15.0%	33.5%	0.0%	9.4%	0.0%	-7.6K	51.4K	-325	0.00	105.88	N/A	N/A	0	0	7	186
2022-08-24	$42.53	$43.00	16.7%	4.8%	12.6%	20.3%	0.0%	5.0%	-3.3%	-7.5K	52.9K	-332	0.00	106.80	N/A	N/A	0	0	7	186
2022-08-25	$43.30	$43.00	17.9%	5.1%	14.2%	24.9%	0.0%	4.6%	6.0%	-5.1K	30.4K	-256	0.00	119.76	N/A	N/A	0	0	7	186
2022-08-26	$42.59	$43.00	19.1%	5.5%	15.3%	29.2%	0.0%	3.8%	-5.5%	-6.1K	38.0K	-271	0.00	128.09	N/A	N/A	0	2	7	186
2022-08-29	$42.45	$43.00	27.8%	8.0%	15.4%	62.2%	0.0%	15.4%	-3.0%	-8.6K	66.8K	-337	1.33	111.43	N/A	N/A	3	4	7	187
2022-08-30	$41.92	$43.00	20.4%	5.8%	15.6%	34.1%	0.0%	9.5%	0.7%	-8.3K	66.2K	-328	0.00	115.49	N/A	N/A	0	0	10	188
2022-08-31	$41.86	$43.00	25.1%	7.2%	15.5%	52.0%	22.6%	1.9%	-1.7%	-8.6K	73.2K	-377	14.22	111.42	N/A	N/A	9	128	10	188