EPP Options History — March 2023

In March 2023, EPP traded between $41.78 and $44.42. ATM implied volatility averaged 22.8%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 7.9% (HV 20d: 14.9%). Max pain ranged from $43.00 to $45.00. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 1.09.

Notable Days

  • 2023-03-30: Highest Volume — 41 contracts
  • 2023-03-14: Largest IV spike — 105.7% change
  • 2023-03-14: Highest IV Rank — 93.0%
  • 2023-03-14: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.03$41.78$44.42$43.89$43.80
Max Pain$43.57$43.00$45.00$44.00$43.00
ATM IV22.8%14.6%68.3%28.1%19.9%
Expected Move5.9%4.7%10.2%8.1%5.7%
HV 20d14.9%13.0%16.3%14.4%15.3%
HV 60d16.1%14.8%16.6%16.1%14.8%
IV Rank17.1%3.5%93.0%26.0%12.2%
IV Percentile33.8%1.2%98.8%75.8%28.6%
Term Structure0.5%-6.1%7.3%-6.1%2.3%
VWIV21.6%21.1%22.2%22.2%21.1%
Skew 25d6.7%0.3%26.5%26.5%4.1%
Skew 10d10.2%-1.2%39.9%39.9%6.3%
Call IV 25d17.9%12.7%24.7%23.8%12.7%
Put IV 25d24.6%16.7%50.4%50.4%16.7%
Bid-Ask Spread %105.6993.12132.01114.75111.25
Gamma HHI0.330.250.530.260.53
Net GEX-383-4.8K11.9K-2.3K11.9K
Net DEX39.8K-87.5K137.5K82.3K-87.5K
Net VEX-500-704-324-704-598
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.911.280.911.28
Total Volume3.04304100
Total OI134.87105158158118

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$43.89$44.0028.1%8.1%14.4%26.0%0.0%26.5%-6.1%-2.3K82.3K-7040.00114.75N/AN/A006395
2023-03-02$44.03$44.0019.3%5.5%13.2%11.2%0.0%3.0%-1.1%-1.8K67.7K-6980.00102.75N/AN/A006395
2023-03-03$44.42$44.0018.0%5.2%13.5%9.1%0.0%5.5%-0.3%-1.1K31.6K-6360.00100.15N/AN/A006395
2023-03-06$44.20$45.0019.4%4.7%13.0%11.4%0.0%4.4%2.3%-74940.7K-5830.0093.12N/AN/A006395
2023-03-07$43.58$45.0014.6%5.0%13.5%3.5%0.0%4.4%0.3%-81286.0K-5880.0094.04N/AN/A006395
2023-03-08$43.70$45.0017.5%4.7%13.3%8.3%0.0%3.5%2.2%-50379.7K-5420.0096.48N/AN/A006395
2023-03-09$43.17$45.0021.3%5.8%13.7%14.7%0.0%3.8%0.0%-1.6K97.1K-5870.0094.11N/AN/A006395
2023-03-10$42.38$45.0026.4%6.5%14.6%23.0%22.2%4.3%0.4%-3.3K137.5K-5410.0095.50N/AN/A046395
2023-03-13$42.41$43.0033.2%6.5%14.7%34.4%0.0%7.0%0.6%-29545.1K-4560.0096.05N/AN/A006370
2023-03-14$42.72$43.0068.3%10.2%14.7%93.0%0.0%23.4%1.2%878-977-4260.00132.01N/AN/A006368
2023-03-15$41.78$43.0024.2%6.9%16.0%19.5%0.0%10.5%-2.7%-86938.9K-3240.00120.28N/AN/A006368
2023-03-16$42.25$43.0020.7%5.9%15.9%13.6%0.0%7.0%2.0%-3.9K50.0K-4060.00124.98N/AN/A006368
2023-03-17$42.14$43.0020.2%5.8%15.8%12.8%0.0%0.3%-1.4%-3.0K47.7K-3900.00118.45N/AN/A006368
2023-03-20$42.34$43.0021.4%6.1%16.0%14.7%0.0%9.9%0.6%-2.6K42.4K-4410.00119.26N/AN/A003867
2023-03-21$42.55$43.0018.6%5.3%16.1%10.0%0.0%4.6%1.8%-1.8K36.0K-3330.0094.30N/AN/A023867
2023-03-22$42.78$43.0019.2%5.5%16.2%11.1%0.0%3.8%0.2%-5318.0K-3300.9199.19N/AN/A11103867
2023-03-23$42.53$43.0017.1%4.9%16.3%7.6%0.0%3.9%7.3%-1.3K30.4K-5250.00116.42N/AN/A004877
2023-03-24$42.44$43.0023.4%6.7%15.3%18.0%0.0%7.9%-2.5%-4.8K49.9K-5130.00107.34N/AN/A004877
2023-03-27$42.61$43.0017.9%5.1%15.1%8.9%0.0%3.2%2.3%-2.4K36.8K-4980.00103.09N/AN/A004877
2023-03-28$42.94$43.0019.0%5.5%15.4%10.8%0.0%3.1%1.2%2212.5K-4500.00100.27N/AN/A004877
2023-03-29$43.31$43.0019.7%5.6%15.2%11.9%21.3%5.5%0.7%2.5K5.4K-5150.00100.58N/AN/A024877
2023-03-30$43.77$43.0016.7%4.8%15.7%6.9%21.1%5.2%0.8%8.9K-32.3K-4101.2896.46N/AN/A18234875
2023-03-31$43.80$43.0019.9%5.7%15.3%12.2%0.0%4.1%2.3%11.9K-87.5K-5980.00111.25N/AN/A006652