EPP Options History — August 2023

In August 2023, EPP traded between $39.56 and $43.22. ATM implied volatility averaged 15.1%, placing in the 6.5% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 0.3% (HV 20d: 15.4%). Max pain ranged from $42.00 to $42.00. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 16.67.

Notable Days

  • 2023-08-21: Highest Volume — 101 contracts
  • 2023-08-29: Largest IV spike — 94.7% change
  • 2023-08-29: Highest IV Rank — 22.2%
  • 2023-08-29: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.11$39.56$43.22$43.22$41.22
Max Pain$42.00$42.00$42.00$42.00$42.00
ATM IV15.1%11.4%24.8%12.8%11.4%
Expected Move4.3%3.3%7.1%3.7%3.3%
HV 20d15.4%12.4%20.5%18.8%15.1%
HV 60d18.1%17.6%18.6%18.5%17.6%
IV Rank6.5%0.4%22.2%2.7%0.4%
IV Percentile18.1%0.8%69.0%3.2%0.8%
Term Structure0.5%-10.9%4.2%0.4%2.1%
VWIV14.9%14.9%14.9%14.9%14.9%
Skew 25d3.7%-1.9%24.9%2.2%2.1%
Skew 10d10.2%0.4%50.3%18.4%2.0%
Call IV 25d13.9%11.0%18.8%11.7%11.0%
Put IV 25d17.7%10.3%39.1%13.9%13.1%
Bid-Ask Spread %108.2186.01129.38100.6198.35
Gamma HHI0.630.460.800.570.55
Net GEX8.2K-26.2K33.5K20.5K-14.5K
Net DEX-17.0K-214.8K203.6K-214.8K88.0K
Net VEX-585-976-249-324-776
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio16.670.00100.000.000.00
Total Volume7.17401011010
Total OI119.3486516774156

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$43.22$42.0012.8%3.7%18.8%2.7%0.0%2.2%0.4%20.5K-214.8K-3240.00100.61N/AN/A100740
2023-08-02$42.20$42.0015.0%4.3%20.5%6.2%0.0%-1.9%-5.9%21.6K-174.7K-4880.00123.18N/AN/A00840
2023-08-03$42.30$0.0015.0%4.5%18.0%6.3%0.0%3.6%-0.0%27.4K-177.6K-4530.0091.80N/AN/A010840
2023-08-04$42.23$0.0013.6%4.2%17.9%4.0%0.0%2.8%0.6%28.9K-143.3K-5220.0091.34N/AN/A008410
2023-08-07$42.34$0.0016.4%4.3%17.9%8.5%0.0%3.2%-0.0%27.5K-147.4K-5000.0092.48N/AN/A008410
2023-08-08$42.00$0.0016.9%4.3%17.8%9.4%14.9%3.9%0.5%28.6K-120.6K-4840.0090.11N/AN/A1008410
2023-08-09$42.05$42.0015.3%4.4%15.9%6.7%0.0%1.3%1.7%31.9K-145.2K-5550.00120.49N/AN/A009410
2023-08-10$42.02$42.0015.0%4.3%12.4%6.3%0.0%2.1%1.6%26.2K-157.3K-5350.00113.34N/AN/A009410
2023-08-11$41.63$42.0014.5%4.2%12.5%5.4%0.0%-0.2%1.1%33.5K-112.8K-5180.00116.34N/AN/A009410
2023-08-14$41.34$42.0016.3%4.7%12.6%8.3%0.0%4.4%-0.9%30.8K-78.2K-4530.00121.54N/AN/A009410
2023-08-15$40.64$42.0013.7%3.9%13.6%4.2%0.0%5.9%4.2%17.8K-42.6K-3910.00124.75N/AN/A009410
2023-08-16$40.22$42.0015.3%4.4%13.8%6.7%0.0%2.5%0.3%8.4K-10.2K-3020.0086.01N/AN/A009410
2023-08-17$39.95$42.0015.1%4.3%13.9%6.3%0.0%2.3%0.6%7.4K-3.0K-2730.0089.33N/AN/A009410
2023-08-18$39.92$42.0014.6%4.2%13.9%5.6%0.0%3.6%1.4%7.0K426-2600.0086.33N/AN/A109410
2023-08-21$39.80$42.0013.6%3.9%13.8%4.0%0.0%3.7%1.8%6.6K1.9K-249100.0087.90N/AN/A11005510
2023-08-22$39.56$42.0013.9%4.0%13.1%4.4%0.0%3.6%1.5%-20.5K196.4K-9080.00115.68N/AN/A0056110
2023-08-23$40.31$42.0013.7%3.9%15.1%4.0%0.0%24.9%2.8%-12.2K144.8K-9760.00122.59N/AN/A0057110
2023-08-24$39.75$42.0014.9%4.3%15.4%6.0%0.0%3.1%0.8%-20.1K176.5K-9080.00125.56N/AN/A0057110
2023-08-25$39.97$42.0021.1%6.1%15.5%16.2%0.0%4.0%-10.9%-26.2K203.6K-8990.00126.39N/AN/A0057110
2023-08-28$40.36$42.0012.7%3.6%15.7%2.5%0.0%5.3%3.7%-18.4K154.3K-9000.00120.44N/AN/A0057110
2023-08-29$41.13$42.0024.8%7.1%17.0%22.2%0.0%1.2%2.9%-13.4K109.4K-9390.00129.38N/AN/A0057110
2023-08-30$41.28$42.0012.6%3.6%15.1%2.4%0.0%1.7%1.1%-9.2K62.0K-8340.00114.83N/AN/A23057110
2023-08-31$41.22$42.0011.4%3.3%15.1%0.4%0.0%2.1%2.1%-14.5K88.0K-7760.0098.35N/AN/A10046110