Enterprise Products Partners L.P. (EPD) Options Chain

NYSE: EPDUtilitiesNatural Gas DistributionUSD

36.08-0.67 (-1.82%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 15, 2028
Days to expiration: 796
Share price: $36.08
Put/call ratio (OI): 0.24
Put/call ratio (volume): 0.80
ATM implied volatility: 22.3%
Expected move: ±$11.90
Open interest (C / P): 2.81K / 675

EPD options summary

The EPD options chain for the December 15, 2028 expiration lists 11 call and 11 put contracts, with 796 days until expiration. Open interest stands at 2,815 calls and 675 puts, a put/call ratio of 0.24, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $37.00 strike is 22.3%, which implies the market expects a move of about ±$11.90 (33.0%) in Enterprise Products Partners L.P. stock by expiration.

The most open interest sits at the $40.00 call (939 contracts) and the $37.00 put (188 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

EPD options chain · December 15, 2028

EPD calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
2	2	51.1%	18.69	13.50	18.50	20.00	—	—	—	—	—	—
—	—	—	—	—	—	23.00	0.47	0.75	0.43	27.2%	30	80
6	2	37.0%	14.00	8.50	13.50	25.00	0.31	1.00	0.85	25.7%	5	115
—	—	—	—	—	—	28.00	0.60	1.60	0.90	24.3%	40	50
332	1	16.0%	7.80	5.90	7.05	30.00	0.27	2.40	1.58	25.1%	2	47
99	1	22.2%	6.50	3.70	6.20	33.00	1.14	4.25	1.95	28.0%	2	70
122	30	20.3%	3.75	3.10	4.80	35.00	2.70	4.40	3.49	23.6%	2	23
EPD $36.08
640	4	22.6%	3.07	2.20	4.40	37.00	3.55	5.20	4.10	22.1%	1	188
939	21	16.4%	1.92	1.90	2.04	40.00	6.05	7.45	6.58	23.6%	5	75
479	1	18.5%	1.65	1.06	1.91	42.00	7.40	9.15	7.21	25.0%	2	6
124	2	21.1%	1.03	0.56	1.76	45.00	7.85	9.65	10.16	14.9%	3	20
4	1	19.5%	0.96	0.34	1.15	47.00	10.15	13.00	9.50	25.0%	—	1
68	50	22.1%	0.50	0.40	1.14	50.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the EPD put/call ratio?

For the December 15, 2028 expiration, the EPD put/call ratio based on open interest is 0.24 (675 puts vs 2,815 calls), and 0.80 based on today's volume. A ratio above 1 means more puts than calls.

What is EPD's implied volatility?

At-the-money implied volatility for EPD options expiring December 15, 2028 is about 22.3%, an annualized estimate of how much the market expects Enterprise Products Partners L.P. stock to move.

How many EPD option expiration dates are there?

EPD has 14 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.