EPP Options History — April 2025

In April 2025, EPP traded between $38.49 and $45.75. ATM implied volatility averaged 23.4%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 19.2% (HV 20d: 42.6%). Max pain ranged from $48.00 to $48.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 4.19.

Notable Days

2025-04-22: Highest Volume — 25 contracts
2025-04-04: Largest IV spike — 256.2% change
2025-04-04: Highest IV Rank — 100.0%
2025-04-10: Largest Expected Move — 13.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.33	$38.49	$45.75	$44.55	$45.75
Max Pain	$48.00	$48.00	$48.00	$48.00	$48.00
ATM IV	23.4%	12.8%	66.0%	12.8%	13.6%
Expected Move	5.7%	3.1%	13.3%	3.1%	3.9%
HV 20d	42.6%	16.4%	50.4%	18.0%	50.1%
HV 60d	27.2%	14.6%	31.1%	14.7%	31.0%
IV Rank	26.3%	7.7%	100.0%	9.8%	8.8%
IV Percentile	61.6%	29.8%	100.0%	29.8%	36.9%
Term Structure	-0.1%	-26.7%	28.7%	-1.9%	1.5%
VWIV	30.6%	30.5%	30.7%	30.7%	30.5%
Skew 25d	1.9%	-5.8%	22.4%	3.6%	-5.8%
Skew 10d	0.3%	-20.9%	30.0%	-0.9%	-0.2%
Call IV 25d	18.9%	11.2%	32.8%	13.6%	20.9%
Put IV 25d	20.8%	12.2%	52.9%	17.2%	15.1%
Bid-Ask Spread %	126.88	114.90	143.19	123.26	126.27
Gamma HHI	0.20	0.11	0.27	0.17	0.25
Net GEX	-328	-4.3K	2.0K	-3.5K	1.8K
Net DEX	32.6K	-51.4K	126.7K	55.7K	-28.1K
Net VEX	-498	-641	-315	-402	-592
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.19	0.00	24.00	0.00	24.00
Total Volume	3.905	0	25	0	0
Total OI	82	69	106	69	86

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
2025-04-01	$44.55	$0.00	12.8%	3.1%	18.0%	9.8%	0.0%	3.6%	-1.9%	-3.5K	55.7K	-402	0.00	123.26	N/A	N/A	0	0	32	37
2025-04-02	$44.84	$0.00	13.0%	3.2%	16.4%	10.2%	0.0%	1.0%	1.1%	-4.3K	53.8K	-396	0.00	124.33	N/A	N/A	2	0	32	37
2025-04-03	$43.78	$0.00	18.5%	5.0%	18.1%	23.0%	0.0%	0.3%	1.4%	-3.0K	63.4K	-407	0.00	134.26	N/A	N/A	0	0	34	37
2025-04-04	$40.53	$0.00	66.0%	9.5%	32.3%	100.0%	30.7%	-1.7%	2.3%	-1.0K	84.8K	-375	0.00	139.49	N/A	N/A	0	8	34	37
2025-04-07	$39.27	$48.00	53.7%	10.7%	33.2%	78.5%	0.0%	-0.9%	-19.0%	-1.2K	126.7K	-319	4.50	137.04	N/A	N/A	2	9	34	44
2025-04-08	$38.49	$48.00	41.5%	7.0%	33.5%	57.3%	0.0%	-4.5%	4.4%	-1.7K	126.2K	-315	0.00	129.98	N/A	N/A	0	0	36	49
2025-04-09	$42.06	$48.00	24.1%	6.9%	47.7%	27.0%	30.5%	4.6%	-3.3%	-2.2K	87.8K	-413	0.75	136.39	N/A	N/A	4	3	36	48
2025-04-10	$41.03	$0.00	46.4%	13.3%	48.3%	65.8%	0.0%	22.4%	-26.7%	-895	71.2K	-435	0.00	143.19	N/A	N/A	0	0	40	45
2025-04-11	$42.13	$0.00	32.5%	9.3%	49.1%	41.6%	0.0%	2.6%	-3.4%	-1.5K	61.8K	-436	0.00	134.19	N/A	N/A	0	0	40	45
2025-04-14	$43.11	$0.00	15.9%	4.6%	49.5%	12.7%	0.0%	2.1%	-0.6%	-1.6K	56.8K	-412	0.00	125.69	N/A	N/A	0	0	40	45
2025-04-15	$43.14	$0.00	14.9%	4.3%	49.3%	10.9%	0.0%	1.5%	-0.3%	-1.5K	56.0K	-408	0.05	119.94	N/A	N/A	20	1	40	45
2025-04-16	$43.20	$0.00	17.2%	4.9%	49.1%	15.0%	0.0%	5.0%	0.8%	692	20.3K	-617	0.00	121.12	N/A	N/A	1	0	60	45
2025-04-17	$43.80	$0.00	17.2%	4.9%	49.3%	14.9%	0.0%	1.5%	28.7%	440	11.7K	-610	0.00	128.02	N/A	N/A	1	0	61	45
2025-04-21	$43.49	$0.00	14.9%	4.3%	49.3%	11.0%	0.0%	1.0%	11.2%	1.5K	-30.1K	-611	0.00	121.22	N/A	N/A	0	0	44	25
2025-04-22	$44.56	$0.00	18.3%	5.2%	50.0%	16.8%	0.0%	1.6%	1.1%	2.0K	-51.4K	-615	24.00	117.77	N/A	N/A	1	24	44	25
2025-04-23	$44.56	$0.00	14.1%	4.0%	50.0%	9.5%	0.0%	1.4%	1.3%	1.8K	-2.3K	-641	0.00	120.83	N/A	N/A	0	2	45	37
2025-04-24	$45.41	$0.00	13.0%	3.7%	50.4%	7.7%	0.0%	1.0%	2.8%	1.9K	-20.2K	-619	0.00	123.19	N/A	N/A	0	0	45	39
2025-04-25	$45.36	$0.00	14.0%	4.0%	50.4%	9.3%	0.0%	0.9%	-0.2%	1.9K	-20.0K	-595	0.00	123.64	N/A	N/A	0	0	45	39
2025-04-28	$45.39	$0.00	13.2%	3.8%	50.1%	7.9%	0.0%	1.4%	2.1%	1.5K	-20.9K	-618	0.00	119.80	N/A	N/A	0	4	45	39
2025-04-29	$45.41	$0.00	17.0%	4.9%	50.1%	14.7%	0.0%	0.9%	-5.6%	2.0K	-17.9K	-618	0.00	114.90	N/A	N/A	0	0	45	41
2025-04-30	$45.75	$0.00	13.6%	3.9%	50.1%	8.8%	0.0%	-5.8%	1.5%	1.8K	-28.1K	-592	0.00	126.27	N/A	N/A	0	0	45	41