EPP Options History — February 2023

In February 2023, EPP traded between $43.23 and $47.53. ATM implied volatility averaged 20.1%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 6.5% (HV 20d: 13.6%). Max pain ranged from $42.00 to $49.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.05.

Notable Days

  • 2023-02-27: Highest Volume — 36 contracts
  • 2023-02-28: Largest IV spike — 62.6% change
  • 2023-02-01: Highest IV Rank — 36.3%
  • 2023-02-01: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.27$43.23$47.53$47.53$43.44
Max Pain$46.94$42.00$49.00$42.00$45.00
ATM IV20.1%16.4%34.4%34.4%27.4%
Expected Move5.7%4.7%9.8%9.8%7.9%
HV 20d13.6%12.7%15.1%14.8%13.5%
HV 60d18.0%16.0%22.0%22.0%16.0%
IV Rank12.7%6.5%36.3%36.3%24.8%
IV Percentile23.5%4.4%94.0%94.0%71.8%
Term Structure0.9%-5.1%6.3%5.8%-5.1%
VWIV18.2%15.7%20.0%15.7%20.0%
Skew 25d7.0%-1.0%49.0%49.0%7.5%
Skew 10d7.9%-2.5%27.1%27.1%3.5%
Call IV 25d17.4%14.9%24.1%24.1%18.4%
Put IV 25d24.4%15.8%73.1%73.1%25.9%
Bid-Ask Spread %105.7493.78134.75134.75117.46
Gamma HHI0.370.250.570.300.28
Net GEX2.8K-13.5K21.4K-7.4K-3.8K
Net DEX31.1K-81.5K161.6K-39.6K96.3K
Net VEX-579-720-431-616-594
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.050.000.100.100.00
Total Volume3.26303603
Total OI157.368118178157154

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$47.53$42.0034.4%9.8%14.8%36.3%0.0%49.0%5.8%-7.4K-39.6K-6160.00134.75N/AN/A0045112
2023-02-02$46.94$0.0018.3%5.6%14.5%9.6%0.0%5.5%-1.2%4.1K-81.5K-5890.0093.78N/AN/A0045112
2023-02-03$46.34$0.0016.8%5.0%15.1%7.1%15.7%4.7%1.0%8.2K-49.2K-6160.1093.89N/AN/A20245112
2023-02-06$45.97$49.0020.8%5.6%13.3%13.7%0.0%5.3%-0.6%9.9K-31.0K-7200.0095.29N/AN/A0065112
2023-02-07$46.23$49.0021.8%5.4%13.4%15.5%0.0%8.7%1.1%10.5K-34.3K-7110.0096.45N/AN/A0065112
2023-02-08$45.95$49.0019.5%5.6%13.7%11.6%0.0%-1.0%1.6%9.2K-31.1K-6870.00110.23N/AN/A0065112
2023-02-09$46.00$49.0016.4%4.7%13.5%6.5%0.0%1.7%6.3%11.2K-68.5K-6930.00112.65N/AN/A0065112
2023-02-10$45.67$49.0017.8%5.1%12.7%8.7%0.0%4.5%-0.3%15.9K-11.1K-6330.00110.25N/AN/A0065112
2023-02-13$45.98$49.0019.4%5.6%12.7%11.5%0.0%5.1%-0.1%18.8K-33.8K-5910.0095.64N/AN/A0065112
2023-02-14$46.00$49.0018.0%5.2%12.7%9.1%0.0%4.2%0.4%21.4K-28.7K-5600.0098.22N/AN/A0065112
2023-02-15$45.08$49.0017.8%5.1%14.5%8.7%0.0%4.6%0.7%5.8K59.8K-5250.0099.60N/AN/A0065112
2023-02-16$45.09$49.0018.9%5.4%14.2%10.5%18.8%5.3%-0.1%7.6K47.7K-5190.0099.82N/AN/A0165112
2023-02-17$44.73$45.0016.5%4.7%13.8%6.6%0.0%5.6%1.9%-1.6K83.5K-5220.0099.49N/AN/A0065113
2023-02-21$44.39$45.0023.5%6.7%13.3%18.3%0.0%4.1%-1.2%-11.2K130.0K-5240.00104.55N/AN/A002297
2023-02-22$44.09$45.0020.1%5.8%13.4%12.6%0.0%2.6%1.5%-9.6K138.7K-5230.00113.60N/AN/A002297
2023-02-23$43.97$45.0018.9%5.4%12.7%10.5%0.0%1.1%3.3%-11.8K136.2K-4310.00114.14N/AN/A002297
2023-02-24$43.23$45.0019.6%5.6%13.0%11.8%0.0%11.3%2.4%-10.5K161.6K-5040.00120.58N/AN/A002297
2023-02-27$43.55$45.0016.9%4.8%13.6%7.2%0.0%3.8%0.6%-13.5K145.8K-4440.0098.75N/AN/A3602296
2023-02-28$43.44$45.0027.4%7.9%13.5%24.8%20.0%7.5%-5.1%-3.8K96.3K-5940.00117.46N/AN/A035896