EPP Options History — January 2024

In January 2024, EPP traded between $40.44 and $42.89. ATM implied volatility averaged 13.8%, placing in the 4.6% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 4.3% (HV 20d: 18.1%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-01-05: Highest Volume — 24 contracts
  • 2024-01-24: Largest IV drop — 15.8% change
  • 2024-01-17: Highest IV Rank — 9.6%
  • 2024-01-17: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.77$40.44$42.89$42.89$41.58
Max Pain$43.10$43.00$44.00$44.00$43.00
ATM IV13.8%12.3%16.6%12.7%14.0%
Expected Move4.0%3.5%4.8%3.6%4.0%
HV 20d18.1%14.4%21.0%21.0%14.4%
HV 60d17.9%17.1%18.5%18.5%17.1%
IV Rank4.6%2.0%9.6%2.7%4.9%
IV Percentile22.5%4.0%57.5%7.5%27.4%
Term Structure0.5%-0.7%2.2%1.3%-0.2%
VWIV13.8%13.6%13.9%13.9%13.6%
Skew 25d2.8%-0.0%5.2%-0.0%2.6%
Skew 10d3.4%-16.6%10.9%-8.5%2.7%
Call IV 25d12.7%10.7%14.3%14.0%12.6%
Put IV 25d15.5%13.9%18.7%13.9%15.2%
Bid-Ask Spread %112.8396.09131.87104.93129.59
Gamma HHI0.450.290.760.450.52
Net GEX8.5K2.3K17.8K14.9K6.5K
Net DEX5.4K-40.3K58.2K-9.0K-20.9K
Net VEX-262-348-182-289-288
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.76202400
Total OI90.81661118776

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$42.89$44.0012.7%3.6%21.0%2.7%0.0%-0.0%1.3%14.9K-9.0K-2890.00104.93N/AN/A005235
2024-01-03$42.53$44.0012.3%3.5%20.5%2.0%0.0%3.3%0.1%11.4K8.4K-2670.0096.89N/AN/A005235
2024-01-04$42.30$43.0013.0%4.2%20.2%3.3%0.0%2.5%0.1%8.4K20.9K-2420.00100.71N/AN/A005235
2024-01-05$42.28$43.0013.0%4.1%20.1%3.2%13.9%2.4%-0.2%7.4K23.6K-2320.00110.44N/AN/A2405235
2024-01-08$42.42$43.0013.4%4.2%20.0%3.9%0.0%3.4%-0.2%17.8K-22.8K-3480.00105.59N/AN/A107635
2024-01-09$42.02$43.0013.3%4.0%20.4%3.7%0.0%2.0%0.6%13.3K2.0K-3170.00112.08N/AN/A007535
2024-01-10$41.92$43.0013.8%4.0%20.4%4.6%0.0%4.0%0.4%12.0K6.7K-3110.00120.53N/AN/A007535
2024-01-11$41.91$43.0013.7%3.9%20.4%4.4%0.0%4.6%1.3%11.5K7.0K-3050.00119.96N/AN/A007535
2024-01-12$42.13$43.0014.1%4.0%18.4%5.1%0.0%3.6%-0.1%12.6K1.4K-3030.00112.74N/AN/A007535
2024-01-16$41.02$43.0015.0%4.3%19.6%6.7%13.6%2.3%-0.2%4.8K45.0K-2180.00106.03N/AN/A107535
2024-01-17$40.44$43.0016.6%4.8%20.0%9.6%0.0%3.9%-0.7%2.3K58.2K-1830.00111.20N/AN/A007535
2024-01-18$40.77$43.0014.5%4.2%20.2%5.9%0.0%3.7%0.7%2.5K55.2K-1820.00110.85N/AN/A007535
2024-01-19$41.17$43.0014.9%4.3%19.5%6.5%0.0%5.1%0.9%5.2K47.0K-2050.00115.59N/AN/A007535
2024-01-22$40.97$43.0014.4%4.1%15.6%5.7%0.0%4.1%0.8%3.0K10.0K-1910.0096.09N/AN/A004125
2024-01-23$41.41$43.0014.6%4.2%14.8%6.0%0.0%2.5%0.2%4.8K451-2100.00112.47N/AN/A004125
2024-01-24$41.75$43.0012.3%3.5%15.1%2.0%0.0%0.8%1.5%5.5K-4.8K-2060.00119.26N/AN/A004125
2024-01-25$41.80$43.0013.5%3.9%14.9%4.1%0.0%1.1%0.4%7.0K-8.3K-2230.00108.62N/AN/A1004125
2024-01-26$41.98$43.0013.2%3.8%14.9%3.5%0.0%1.3%2.2%9.5K-37.8K-3350.00122.57N/AN/A005125
2024-01-29$42.09$43.0013.9%4.0%14.8%4.7%0.0%5.2%0.5%9.8K-40.3K-3240.00131.87N/AN/A005125
2024-01-30$41.86$43.0013.7%3.9%14.8%4.5%0.0%1.6%0.0%8.7K-29.5K-3180.00121.32N/AN/A105125
2024-01-31$41.58$43.0014.0%4.0%14.4%4.9%0.0%2.6%-0.2%6.5K-20.9K-2880.00129.59N/AN/A005125