EPP Options History — December 2024

In December 2024, EPP traded between $43.66 and $47.55. ATM implied volatility averaged 27.9%, placing in the 45.3% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 12.0% (HV 20d: 16.0%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.25.

Notable Days

2024-12-24: Highest Volume — 7 contracts
2024-12-31: Largest IV spike — 115.2% change
2024-12-02: Highest IV Rank — 100.0%
2024-12-02: Largest Expected Move — 14.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.55	$43.66	$47.55	$47.48	$43.79
Max Pain	$47.00	$47.00	$47.00	$47.00	$47.00
ATM IV	27.9%	12.4%	51.8%	49.0%	26.8%
Expected Move	7.2%	3.6%	14.1%	14.1%	7.7%
HV 20d	16.0%	13.0%	18.2%	16.8%	16.9%
HV 60d	15.7%	15.2%	16.6%	15.8%	15.5%
IV Rank	45.3%	8.2%	100.0%	100.0%	41.6%
IV Percentile	75.9%	23.0%	100.0%	100.0%	86.5%
Term Structure	-4.5%	-15.5%	5.4%	-13.2%	-9.4%
Skew 25d	15.4%	-6.1%	37.5%	37.5%	1.5%
Skew 10d	12.3%	-17.5%	42.8%	42.8%	4.7%
Call IV 25d	23.3%	11.7%	55.0%	44.6%	28.2%
Put IV 25d	38.8%	11.1%	82.2%	82.2%	29.7%
Bid-Ask Spread %	138.00	129.08	152.62	149.86	142.68
Gamma HHI	0.26	0.16	0.33	0.31	0.20
Net GEX	1.2K	-2.3K	3.8K	2.9K	-1.4K
Net DEX	26.0K	-39.4K	90.9K	-34.7K	83.6K
Net VEX	-530	-655	-371	-655	-515
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.25	0.00	2.50	0.00	2.50
Total Volume	0.667	0	7	0	0
Total OI	77.762	74	84	76	84

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-12-02	$47.48	$47.00	49.0%	14.1%	16.8%	100.0%	0.0%	37.5%	-13.2%	2.9K	-34.7K	-655	0.00	149.86	N/A	N/A	0	0	45	31
2024-12-03	$47.49	$47.00	43.2%	12.4%	16.8%	85.5%	0.0%	22.6%	4.9%	2.7K	-38.7K	-648	0.00	152.62	N/A	N/A	0	0	45	31
2024-12-04	$47.27	$47.00	48.2%	13.8%	16.4%	97.9%	0.0%	33.1%	-14.2%	2.6K	-35.1K	-617	0.00	148.04	N/A	N/A	0	0	45	31
2024-12-05	$47.28	$47.00	51.8%	8.7%	16.0%	100.0%	0.0%	18.1%	-15.1%	2.9K	-31.3K	-635	0.00	129.08	N/A	N/A	0	0	45	31
2024-12-06	$46.69	$47.00	31.1%	6.7%	13.0%	51.7%	0.0%	29.0%	1.5%	3.1K	-13.6K	-566	0.00	131.75	N/A	N/A	0	0	45	31
2024-12-09	$47.55	$47.00	45.2%	6.6%	13.3%	84.6%	0.0%	23.6%	-0.5%	3.8K	-39.4K	-563	0.00	132.90	N/A	N/A	0	0	45	31
2024-12-10	$46.84	$47.00	36.5%	7.6%	14.4%	64.3%	0.0%	11.4%	-10.0%	3.6K	-16.6K	-612	0.00	136.57	N/A	N/A	0	0	45	31
2024-12-11	$46.75	$47.00	27.6%	7.9%	13.5%	43.6%	0.0%	28.4%	-5.9%	3.6K	-12.8K	-610	0.00	134.45	N/A	N/A	0	0	45	31
2024-12-12	$46.20	$47.00	25.6%	7.3%	14.1%	39.0%	0.0%	34.5%	5.4%	3.0K	4.1K	-557	0.00	133.56	N/A	N/A	0	0	45	31
2024-12-13	$46.05	$47.00	25.3%	7.3%	14.2%	38.3%	0.0%	32.0%	-1.0%	2.4K	6.8K	-525	0.00	134.62	N/A	N/A	0	0	45	31
2024-12-16	$45.95	$47.00	34.3%	9.8%	14.2%	59.2%	0.0%	26.2%	-7.9%	2.1K	3.1K	-541	0.00	136.92	N/A	N/A	0	0	45	31
2024-12-17	$45.13	$47.00	12.9%	3.7%	14.7%	9.3%	0.0%	-1.7%	-0.5%	1.3K	52.1K	-432	0.00	133.54	N/A	N/A	1	0	45	31
2024-12-18	$43.70	$47.00	13.4%	3.8%	17.7%	10.5%	0.0%	3.0%	-0.7%	253	71.8K	-371	0.00	138.57	N/A	N/A	0	3	46	31
2024-12-19	$43.66	$47.00	14.6%	4.2%	17.7%	13.4%	0.0%	2.8%	-2.3%	-188	75.8K	-414	0.00	135.00	N/A	N/A	0	0	46	34
2024-12-20	$43.70	$47.00	14.1%	4.1%	17.4%	12.2%	0.0%	0.6%	0.2%	-1.5K	82.6K	-388	0.00	136.94	N/A	N/A	0	0	46	34
2024-12-23	$44.09	$47.00	14.1%	4.0%	18.0%	12.0%	0.0%	-6.1%	-1.1%	-193	64.8K	-449	0.00	136.95	N/A	N/A	0	2	40	34
2024-12-24	$44.36	$47.00	23.5%	6.8%	18.2%	34.2%	0.0%	13.3%	-15.5%	-1.2K	70.6K	-456	2.50	140.24	N/A	N/A	2	5	40	36
2024-12-26	$44.45	$47.00	17.8%	5.1%	18.0%	20.6%	0.0%	6.9%	-4.3%	-2.1K	82.6K	-521	0.00	135.02	N/A	N/A	0	0	42	41
2024-12-27	$44.11	$47.00	19.2%	5.5%	17.4%	24.0%	0.0%	12.9%	-3.4%	-943	79.3K	-538	0.00	141.65	N/A	N/A	0	1	42	41
2024-12-30	$44.06	$47.00	12.4%	3.6%	16.9%	8.2%	0.0%	-5.9%	-1.7%	-2.3K	90.9K	-515	0.00	137.07	N/A	N/A	0	0	42	42
2024-12-31	$43.79	$47.00	26.8%	7.7%	16.9%	41.6%	0.0%	1.5%	-9.4%	-1.4K	83.6K	-515	0.00	142.68	N/A	N/A	0	0	42	42