EPP Options History — December 2025

In December 2025, EPP traded between $49.44 and $51.45. ATM implied volatility averaged 26.0%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 12.8% (HV 20d: 13.2%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 9 of 22 days.

Notable Days

  • 2025-12-17: Highest Volume — 2 contracts
  • 2025-12-26: Largest IV spike — 155.2% change
  • 2025-12-09: Highest IV Rank — 64.9%
  • 2025-12-01: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.77$49.44$51.45$50.44$50.50
Max Pain$52.00$52.00$52.00$52.00$52.00
ATM IV26.0%10.9%45.9%36.4%34.1%
Expected Move6.7%3.1%10.4%10.4%9.8%
HV 20d13.2%11.1%14.2%14.0%14.0%
HV 60d13.0%12.3%13.6%12.7%13.6%
IV Rank30.3%4.0%64.9%48.4%44.4%
IV Percentile69.8%12.3%96.8%91.3%90.9%
Term Structure-2.7%-14.6%14.1%-14.6%-10.4%
Skew 25d2.4%-2.9%11.2%-2.9%-0.3%
Skew 10d-0.5%-6.8%16.0%-6.0%0.2%
Call IV 25d21.9%11.7%42.0%41.0%18.7%
Put IV 25d24.3%12.5%39.3%38.0%18.4%
Bid-Ask Spread %136.70113.83150.67150.67139.78
Gamma HHI0.160.130.250.140.14
Net GEX-10.6K-12.8K-7.1K-12.8K-10.9K
Net DEX56.5K26.6K97.9K83.0K61.1K
Net VEX-361-500-227-500-321
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0910200
Total OI83.583848483

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$50.44$0.0036.4%10.4%14.0%48.4%0.0%-2.9%-14.6%-12.8K83.0K-5000.00150.67N/AN/A00975
2025-12-02$50.64$0.0033.7%9.7%14.0%43.7%0.0%-2.2%-11.4%-12.3K60.2K-4000.00137.64N/AN/A00975
2025-12-03$50.92$0.0033.0%9.5%13.7%42.6%0.0%-2.6%-2.8%-12.3K67.8K-4210.00149.15N/AN/A00975
2025-12-04$51.00$52.0034.1%6.1%13.4%44.5%0.0%8.5%0.4%-11.5K59.9K-4180.00145.22N/AN/A00975
2025-12-05$51.03$52.0037.9%7.5%13.4%51.0%0.0%6.4%-6.7%-11.5K62.0K-4290.00143.16N/AN/A00975
2025-12-08$50.73$52.0040.4%7.7%13.5%55.4%0.0%1.6%-12.6%-12.3K68.1K-4160.00143.03N/AN/A00975
2025-12-09$50.81$52.0045.9%8.1%12.3%64.9%0.0%7.5%-6.6%-12.2K70.3K-4320.00145.84N/AN/A00975
2025-12-10$51.38$52.0026.5%7.6%13.1%31.2%0.0%4.3%-5.9%-10.7K52.1K-3890.00142.97N/AN/A00975
2025-12-11$51.39$52.0026.9%7.7%13.1%31.8%0.0%5.5%-8.7%-10.9K49.7K-3530.00143.32N/AN/A00975
2025-12-12$51.09$52.0027.3%7.8%11.1%32.6%0.0%4.5%-6.2%-11.4K60.2K-4020.00145.07N/AN/A00975
2025-12-15$51.16$52.0027.7%7.9%11.1%33.2%0.0%5.8%-6.2%-11.2K56.0K-3780.00146.65N/AN/A00975
2025-12-16$49.94$52.0027.9%8.0%13.4%33.6%0.0%-0.5%-9.6%-11.0K97.9K-4590.00140.50N/AN/A00875
2025-12-17$49.44$52.0010.9%3.1%13.7%4.0%0.0%-0.8%7.1%-12.5K65.8K-3260.00123.22N/AN/A02875
2025-12-18$49.98$52.0017.8%5.1%14.2%15.9%0.0%11.2%4.7%-11.7K79.0K-4260.00140.19N/AN/A00875
2025-12-19$50.16$52.0015.8%4.5%13.1%12.5%0.0%0.4%3.3%-10.5K51.6K-3270.00122.33N/AN/A00875
2025-12-22$50.56$52.0012.6%3.6%12.9%7.0%0.0%0.5%3.0%-9.9K45.2K-2750.00120.65N/AN/A00875
2025-12-23$51.20$52.0014.6%4.2%13.3%10.5%0.0%5.4%4.8%-7.4K31.1K-2440.00134.37N/AN/A00875
2025-12-24$51.22$52.0011.8%3.4%13.3%5.5%0.0%0.8%14.1%-7.1K26.6K-2460.00116.02N/AN/A00875
2025-12-26$51.45$52.0030.0%8.6%13.1%37.2%0.0%-0.3%-11.3%-8.4K35.5K-3070.00129.34N/AN/A00875
2025-12-29$50.98$52.0012.5%3.6%13.6%6.8%0.0%0.5%8.3%-7.4K30.4K-2270.00113.83N/AN/A00875
2025-12-30$51.00$52.0014.3%4.1%13.5%9.9%0.0%0.3%8.3%-7.6K30.3K-2410.00134.47N/AN/A00875
2025-12-31$50.50$52.0034.1%9.8%14.0%44.4%0.0%-0.3%-10.4%-10.9K61.1K-3210.00139.78N/AN/A00875