EPP Options History — May 2024

In May 2024, EPP traded between $41.95 and $45.27. ATM implied volatility averaged 14.7%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 0.2% (HV 20d: 15.0%). Max pain ranged from $43.00 to $45.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 2.07.

Notable Days

  • 2024-05-20: Highest Volume — 305 contracts
  • 2024-05-14: Largest IV spike — 96.4% change
  • 2024-05-14: Highest IV Rank — 47.8%
  • 2024-05-14: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.90$41.95$45.27$41.95$43.72
Max Pain$43.73$43.00$45.00$43.00$45.00
ATM IV14.7%11.2%32.0%12.1%17.4%
Expected Move4.0%3.2%5.4%3.5%5.0%
HV 20d15.0%12.3%18.8%17.0%12.6%
HV 60d14.5%13.8%15.6%15.0%14.0%
IV Rank8.2%0.0%47.8%2.1%14.3%
IV Percentile43.6%0.4%97.2%5.2%86.5%
Term Structure-2.5%-8.3%1.6%1.0%-1.5%
VWIV17.1%14.0%29.0%14.3%29.0%
Skew 25d3.8%-0.4%28.3%1.9%-0.4%
Skew 10d15.1%-5.4%60.6%-2.8%30.9%
Call IV 25d12.8%10.5%14.7%10.5%13.8%
Put IV 25d16.7%12.4%42.8%12.4%13.4%
Bid-Ask Spread %121.50110.96128.66128.04125.08
Gamma HHI0.500.280.880.880.46
Net GEX-174.8K-415.2K-39.3K-39.3K-415.2K
Net DEX1.1M301.8K2.4M301.8K2.1M
Net VEX-5.5K-10.2K-390-390-9.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.070.004.144.140.00
Total Volume57.13603051070
Total OI718.51131,2421131,242

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$41.95$43.0012.1%3.5%17.0%2.1%0.0%1.9%1.0%-39.3K301.8K-3900.00128.04N/AN/A010713100
2024-05-02$42.70$43.0011.2%3.2%18.2%0.0%0.0%1.3%1.6%-73.9K401.8K-1.7K0.00128.09N/AN/A0013207
2024-05-03$43.25$43.0014.0%4.0%18.7%6.4%0.0%1.5%-3.0%-70.3K315.0K-1.6K0.00127.30N/AN/A05913207
2024-05-06$43.61$43.0013.0%3.8%18.8%4.1%0.0%-0.2%-2.1%-85.6K343.6K-2.0K0.00126.12N/AN/A02013266
2024-05-07$43.80$43.0011.6%4.0%18.8%0.9%14.3%1.2%-2.5%-73.9K309.8K-2.0K0.00126.00N/AN/A011413260
2024-05-08$43.48$43.0013.5%3.7%17.6%5.3%0.0%0.4%1.2%-131.1K589.5K-2.6K0.00125.80N/AN/A0413374
2024-05-09$43.69$43.0013.8%3.9%17.6%6.0%0.0%1.3%-1.3%-124.7K504.0K-2.5K0.00122.72N/AN/A0013372
2024-05-10$43.86$43.0014.4%4.0%15.1%7.3%0.0%1.2%-2.3%-124.4K463.0K-2.4K0.00127.43N/AN/A06513372
2024-05-13$44.00$43.0016.3%4.0%14.4%11.8%14.7%0.5%-2.1%-134.9K500.1K-2.9K0.00128.66N/AN/A07913437
2024-05-14$44.14$43.0032.0%5.4%12.7%47.8%14.0%0.1%0.1%-148.2K621.7K-3.4K0.00125.64N/AN/A015413510
2024-05-15$44.67$43.0015.3%4.4%13.0%9.4%0.0%1.5%-2.7%-139.8K726.9K-4.5K0.00119.44N/AN/A02313664
2024-05-16$44.97$43.0015.7%4.5%12.6%10.4%0.0%4.8%-0.7%-132.0K692.6K-4.5K0.00114.59N/AN/A0013687
2024-05-17$45.27$43.0015.1%4.3%12.5%9.0%14.7%3.2%-0.7%-132.9K629.2K-4.3K4.14112.36N/AN/A5121113687
2024-05-20$45.00$43.0012.0%3.4%12.4%1.9%15.8%0.5%-8.3%-147.5K1.1M-6.9K0.00126.53N/AN/A030564810
2024-05-21$44.86$45.0015.0%4.3%12.3%8.7%0.0%2.9%-0.7%-211.1K1.6M-9.9K0.00110.96N/AN/A00641,115
2024-05-22$44.13$45.0014.6%4.2%14.1%7.9%0.0%0.6%-6.6%-255.9K2.0M-10.2K0.00114.64N/AN/A00641,115
2024-05-23$43.83$45.0013.9%4.0%14.4%6.2%29.0%8.1%-6.2%-270.0K2.2M-10.1K0.00122.59N/AN/A02641,115
2024-05-24$44.08$45.0013.9%4.0%14.4%6.2%0.0%-0.2%-6.2%-265.5K2.1M-10.0K0.00116.69N/AN/A00641,115
2024-05-28$43.97$45.0014.9%4.3%14.2%8.5%0.0%-0.1%-7.0%-276.5K2.1M-9.8K0.00111.66N/AN/A630641,115
2024-05-29$43.36$45.0011.2%3.2%13.9%0.1%0.0%28.3%0.5%-312.0K2.4M-10.1K0.00115.19N/AN/A001271,115
2024-05-30$43.53$45.0013.9%4.0%13.9%6.2%0.0%26.2%-6.0%-281.6K2.3M-10.1K0.00117.60N/AN/A001271,115
2024-05-31$43.72$45.0017.4%5.0%12.6%14.3%0.0%-0.4%-1.5%-415.2K2.1M-9.8K0.00125.08N/AN/A001271,115