EPP Options History — January 2023

In January 2023, EPP traded between $42.64 and $47.39. ATM implied volatility averaged 19.5%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 1.4% (HV 20d: 18.1%). Max pain ranged from $30.00 to $42.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.17.

Notable Days

  • 2023-01-04: Highest Volume — 36 contracts
  • 2023-01-04: Largest IV spike — 76.4% change
  • 2023-01-04: Highest IV Rank — 34.9%
  • 2023-01-04: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.53$42.64$47.39$42.64$46.89
Max Pain$40.80$30.00$42.00$30.00$42.00
ATM IV19.5%12.6%33.9%19.2%18.8%
Expected Move5.6%3.6%9.7%5.5%5.4%
HV 20d18.1%14.7%21.0%16.9%14.9%
HV 60d23.1%22.2%24.0%23.6%22.2%
IV Rank11.0%0.0%34.9%10.2%10.5%
IV Percentile19.3%0.0%93.7%12.7%12.7%
Term Structure3.3%-0.3%8.4%4.5%0.4%
VWIV22.0%20.4%22.9%22.9%22.9%
Skew 25d8.0%-6.5%36.2%36.2%4.3%
Skew 10d9.7%-2.9%38.0%14.8%-2.9%
Call IV 25d17.9%12.9%24.5%19.4%17.4%
Put IV 25d25.9%15.3%55.7%55.7%21.7%
Bid-Ask Spread %109.7190.18130.58112.97106.69
Gamma HHI0.400.230.610.230.42
Net GEX1.8K-6.1K7.1K-6.1K3.2K
Net DEX-2.8K-102.9K144.7K144.7K-61.4K
Net VEX-806-1.0K-563-802-647
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.000.500.000.50
Total Volume4.303600
Total OI186.4150211166157

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$42.64$30.0019.2%5.5%16.9%10.2%0.0%36.2%4.5%-6.1K144.7K-8020.00112.97N/AN/A0013153
2023-01-04$43.67$30.0033.9%9.7%18.5%34.9%0.0%-6.5%7.2%-5.4K121.4K-7690.00120.05N/AN/A36013153
2023-01-05$43.33$42.0018.8%6.0%18.7%9.6%22.9%22.8%1.6%48594.8K-9510.0098.66N/AN/A0849153
2023-01-06$44.41$42.0027.5%6.9%20.6%24.1%0.0%27.8%8.4%-3.1K76.6K-9910.00118.41N/AN/A0049161
2023-01-09$44.36$42.0017.0%6.0%20.2%6.6%20.4%13.8%0.6%55847.8K-9760.0090.18N/AN/A16049161
2023-01-10$44.36$42.0022.5%6.3%20.2%15.7%0.0%3.6%5.1%10560.6K-1.0K0.0093.03N/AN/A0450161
2023-01-11$44.70$42.0021.0%6.0%20.4%13.2%0.0%2.3%-0.3%82342.9K-9980.0092.02N/AN/A0450161
2023-01-12$45.39$42.0019.9%5.7%21.0%11.4%0.0%0.3%3.6%3.5K10.1K-9590.00107.33N/AN/A0250161
2023-01-13$45.72$42.0017.6%5.0%20.8%7.5%21.7%5.3%7.4%3.6K-18.6K-8450.50130.58N/AN/A2150159
2023-01-17$45.75$42.0020.5%5.9%18.2%12.5%0.0%9.1%2.9%3.3K-31.9K-8420.00117.00N/AN/A0050160
2023-01-18$45.44$42.0020.7%5.9%18.4%12.8%0.0%4.9%2.1%3.7K-23.7K-8130.00116.16N/AN/A0050160
2023-01-19$45.77$42.0018.8%5.4%18.2%9.6%0.0%-0.4%8.3%7.1K-16.6K-7850.00120.14N/AN/A0050160
2023-01-20$46.23$42.0018.8%5.4%18.3%9.5%0.0%0.5%2.9%4.6K-51.1K-6770.00123.44N/AN/A0050160
2023-01-23$46.67$42.0012.6%3.6%18.1%0.0%22.9%0.1%2.2%3.4K-58.0K-7460.00111.10N/AN/A0945105
2023-01-24$46.69$42.0017.3%4.9%16.5%7.9%0.0%1.6%1.6%3.1K-61.9K-6840.00101.65N/AN/A0245112
2023-01-25$47.08$42.0015.9%4.6%16.3%5.6%0.0%3.1%1.9%3.6K-79.0K-6640.00107.42N/AN/A0245112
2023-01-26$47.39$42.0016.0%4.6%16.2%5.7%0.0%-0.4%1.4%3.0K-84.2K-7040.00110.02N/AN/A0045112
2023-01-27$47.31$42.0016.0%4.6%14.7%5.8%0.0%27.5%2.1%2.7K-102.9K-5630.00111.25N/AN/A0045112
2023-01-30$46.89$42.0017.0%4.9%15.3%7.4%0.0%3.7%1.7%4.4K-64.9K-7010.00106.10N/AN/A0045112
2023-01-31$46.89$42.0018.8%5.4%14.9%10.5%0.0%4.3%0.4%3.2K-61.4K-6470.00106.69N/AN/A0045112