EPP Options History — August 2025

In August 2025, EPP traded between $49.11 and $51.91. ATM implied volatility averaged 12.9%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 2.0% (HV 20d: 10.9%). Max pain ranged from $48.00 to $48.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.67.

Notable Days

2025-08-14: Highest Volume — 11 contracts
2025-08-25: Largest IV spike — 46.7% change
2025-08-12: Highest IV Rank — 17.4%
2025-08-07: Largest Expected Move — 4.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.89	$49.11	$51.91	$49.11	$51.60
Max Pain	$48.00	$48.00	$48.00	$48.00	$48.00
ATM IV	12.9%	9.5%	18.6%	12.3%	9.5%
Expected Move	3.4%	2.7%	4.2%	3.5%	2.7%
HV 20d	10.9%	9.7%	12.4%	10.9%	10.9%
HV 60d	11.2%	10.9%	11.6%	11.0%	11.2%
IV Rank	7.5%	1.5%	17.4%	6.4%	1.5%
IV Percentile	26.9%	0.8%	62.3%	21.0%	0.8%
Term Structure	-1.2%	-9.3%	3.6%	-2.0%	-0.1%
Skew 25d	1.3%	-1.8%	3.5%	0.7%	1.1%
Skew 10d	-1.3%	-11.1%	1.8%	-0.4%	-2.1%
Call IV 25d	10.5%	9.7%	12.5%	12.5%	9.8%
Put IV 25d	11.8%	10.1%	15.3%	13.2%	11.0%
Bid-Ask Spread %	119.16	102.55	142.60	123.80	124.05
Gamma HHI	0.22	0.18	0.27	0.23	0.20
Net GEX	-5.7K	-8.9K	-4.4K	-5.3K	-6.3K
Net DEX	-82.4K	-110.6K	-32.3K	-32.3K	-96.9K
Net VEX	-705	-898	-563	-898	-693
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.00	2.00	0.00	2.00
Total Volume	1.19	0	11	0	0
Total OI	115	111	122	111	120

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
2025-08-01	$49.11	$48.00	12.3%	3.5%	10.9%	6.4%	0.0%	0.7%	-2.0%	-5.3K	-32.3K	-898	0.00	123.80	N/A	N/A	0	0	34	77
2025-08-04	$49.80	$0.00	13.0%	3.4%	10.1%	7.6%	0.0%	0.9%	-0.6%	-4.8K	-51.9K	-834	0.00	122.10	N/A	N/A	0	0	34	77
2025-08-05	$50.05	$0.00	13.2%	2.8%	10.0%	8.0%	0.0%	0.5%	-0.6%	-4.4K	-53.7K	-834	0.00	120.53	N/A	N/A	0	0	34	77
2025-08-06	$50.39	$0.00	14.4%	3.3%	10.1%	10.1%	0.0%	0.7%	0.7%	-5.0K	-82.9K	-696	0.00	118.89	N/A	N/A	0	0	34	77
2025-08-07	$50.41	$0.00	14.8%	4.2%	9.9%	10.8%	0.0%	1.1%	-9.3%	-5.4K	-76.5K	-726	0.00	125.11	N/A	N/A	0	0	34	77
2025-08-08	$50.47	$0.00	13.9%	3.5%	9.7%	9.2%	0.0%	0.4%	-4.5%	-4.5K	-82.1K	-700	0.00	118.42	N/A	N/A	0	0	34	77
2025-08-11	$50.47	$0.00	17.2%	3.0%	9.7%	14.9%	0.0%	2.9%	3.6%	-4.6K	-80.3K	-698	0.00	114.34	N/A	N/A	0	0	34	77
2025-08-12	$51.26	$0.00	18.6%	2.8%	10.8%	17.4%	0.0%	0.5%	-0.6%	-5.1K	-96.6K	-636	0.00	129.21	N/A	N/A	0	0	34	77
2025-08-13	$51.42	$0.00	13.3%	3.8%	10.8%	8.2%	0.0%	-1.8%	-2.8%	-4.8K	-108.4K	-563	0.00	116.79	N/A	N/A	0	5	34	77
2025-08-14	$51.03	$0.00	9.9%	2.8%	11.2%	2.2%	0.0%	3.5%	-0.7%	-8.4K	-71.6K	-639	0.00	115.82	N/A	N/A	0	11	34	82
2025-08-15	$51.11	$0.00	12.3%	3.5%	11.1%	6.4%	0.0%	0.6%	-0.7%	-8.9K	-59.7K	-723	0.00	125.04	N/A	N/A	0	0	34	88
2025-08-18	$51.03	$0.00	13.9%	4.0%	11.2%	9.2%	0.0%	2.7%	0.5%	-4.9K	-77.5K	-732	0.00	102.55	N/A	N/A	1	0	34	81
2025-08-19	$50.78	$0.00	13.1%	3.8%	11.1%	7.8%	0.0%	2.8%	-4.1%	-5.4K	-75.4K	-753	0.00	110.74	N/A	N/A	4	0	35	81
2025-08-20	$50.95	$0.00	9.8%	2.8%	11.0%	2.1%	0.0%	0.7%	2.1%	-6.2K	-85.5K	-675	0.00	142.60	N/A	N/A	0	0	35	81
2025-08-21	$51.11	$0.00	10.4%	3.0%	10.9%	3.0%	0.0%	0.7%	-0.7%	-5.2K	-79.8K	-747	2.00	120.39	N/A	N/A	1	2	35	81
2025-08-22	$51.91	$0.00	9.5%	2.7%	12.0%	1.6%	0.0%	0.4%	-0.2%	-6.1K	-109.3K	-642	0.00	130.32	N/A	N/A	0	0	36	83
2025-08-25	$51.38	$0.00	14.0%	4.0%	12.4%	9.3%	0.0%	3.1%	0.0%	-6.2K	-93.6K	-710	0.00	107.04	N/A	N/A	0	0	36	83
2025-08-26	$51.47	$0.00	14.0%	4.0%	12.3%	9.3%	0.0%	1.7%	-4.2%	-5.6K	-103.3K	-658	0.00	109.71	N/A	N/A	0	0	36	83
2025-08-27	$51.30	$0.00	14.5%	4.2%	11.5%	10.2%	0.0%	3.2%	-0.5%	-5.6K	-101.9K	-626	0.00	106.31	N/A	N/A	0	0	36	83
2025-08-28	$51.59	$0.00	10.0%	2.9%	11.4%	2.4%	0.0%	0.4%	-1.3%	-7.1K	-110.6K	-612	0.00	118.62	N/A	N/A	0	1	36	83
2025-08-29	$51.60	$0.00	9.5%	2.7%	10.9%	1.5%	0.0%	1.1%	-0.1%	-6.3K	-96.9K	-693	0.00	124.05	N/A	N/A	0	0	36	84