FSP Options History — April 2011

In April 2011, FSP traded between $13.34 and $14.17. ATM implied volatility averaged 32.0%, placing in the 40.1% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 13.1% (HV 20d: 18.9%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2011-04-27: Highest Volume — 25 contracts
  • 2011-04-14: Largest IV drop — 38.6% change
  • 2011-04-12: Highest IV Rank — 99.3%
  • 2011-04-19: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.80$13.34$14.17$13.89$14.14
Max Pain$13.75$12.50$15.00$15.00$15.00
ATM IV32.0%20.2%56.5%26.7%20.2%
Expected Move7.5%5.3%10.4%7.7%5.8%
HV 20d18.9%16.5%21.4%20.7%19.2%
HV 60d18.9%18.3%19.7%18.7%18.5%
IV Rank40.1%11.7%99.3%27.4%11.7%
IV Percentile42.5%1.6%99.6%23.0%1.6%
Term Structure0.2%-8.5%8.9%-8.5%5.4%
VWIV25.8%22.9%31.6%31.6%23.0%
Skew 25d4.6%-4.9%11.7%1.7%6.8%
Skew 10d10.4%-4.3%95.8%3.0%4.5%
Call IV 25d23.2%17.3%28.5%28.5%21.5%
Put IV 25d27.8%21.1%36.9%30.2%28.3%
Bid-Ask Spread %104.5099.48107.50106.32106.22
Gamma HHI0.880.850.900.880.90
Net GEX14.5K10.9K19.7K14.9K19.7K
Net DEX-123.4K-180.3K-53.6K-158.5K-153.2K
Net VEX-1.1K-1.3K-805-1.2K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.302500
Total OI547.35538556538556

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-04-01$13.89$15.0026.7%7.7%20.7%27.4%0.0%1.7%-8.5%14.9K-158.5K-1.2K0.00106.32N/AN/A0048454
2011-04-04$14.07$0.0027.9%6.4%21.4%30.2%0.0%5.2%8.9%15.7K-172.8K-1.3K0.00106.16N/AN/A0048454
2011-04-05$14.06$0.0029.0%8.0%20.9%32.9%0.0%5.9%-0.4%15.7K-175.1K-1.3K0.00101.40N/AN/A0048454
2011-04-06$14.13$0.0028.2%5.3%21.0%31.0%0.0%2.2%6.9%16.3K-180.3K-1.3K0.00106.62N/AN/A0048454
2011-04-07$13.94$0.0027.2%5.7%19.2%28.7%0.0%1.3%4.4%15.0K-154.0K-1.2K0.00106.84N/AN/A0048454
2011-04-08$13.80$0.0034.7%6.1%19.2%46.7%0.0%11.7%5.9%15.0K-141.4K-1.1K0.00103.82N/AN/A0048454
2011-04-11$13.76$0.0047.9%5.8%19.1%78.6%0.0%-0.5%-3.5%15.1K-134.9K-1.1K0.00106.00N/AN/A0048454
2011-04-12$13.54$0.0056.5%9.2%19.2%99.3%0.0%8.9%-0.7%13.2K-113.7K-1.0K0.00104.00N/AN/A0048454
2011-04-13$13.34$0.0055.6%9.1%16.5%97.3%31.6%6.7%-0.6%11.5K-85.2K-9470.00103.34N/AN/A01948454
2011-04-14$13.60$12.5034.2%9.8%17.9%45.4%0.0%9.7%-1.0%11.5K-82.2K-1.0K0.0099.48N/AN/A0048471
2011-04-15$13.69$12.5028.8%8.3%17.8%32.4%0.0%-2.3%-5.3%12.8K-96.6K-1.1K0.00106.98N/AN/A0048471
2011-04-18$13.42$12.5033.1%9.5%17.1%42.9%0.0%6.8%-1.6%11.2K-71.3K-9410.00101.95N/AN/A0048470
2011-04-19$13.45$12.5036.3%10.4%17.2%50.6%0.0%9.8%-2.7%10.9K-76.0K-9600.00100.36N/AN/A0048470
2011-04-20$13.63$12.5027.7%8.0%17.8%29.9%0.0%5.6%-2.8%12.5K-84.0K-9870.00101.17N/AN/A0048470
2011-04-21$13.79$12.5022.9%6.6%18.3%18.3%22.9%-1.8%-3.2%13.6K-96.4K-1.0K0.00107.50N/AN/A0148470
2011-04-25$13.74$15.0025.2%7.2%17.9%23.9%23.0%-4.9%-7.6%13.1K-53.6K-8050.00107.37N/AN/A0148471
2011-04-26$13.97$15.0031.1%8.9%18.8%38.0%0.0%8.0%-3.9%15.1K-162.2K-1.2K0.00106.28N/AN/A0048472
2011-04-27$13.96$15.0020.8%6.0%18.8%13.1%0.0%3.6%6.9%17.3K-127.3K-1.1K0.00106.26N/AN/A25048472
2011-04-28$14.17$15.0024.9%7.2%19.2%23.2%0.0%7.3%6.3%19.7K-150.0K-1.1K0.00102.00N/AN/A0048472
2011-04-29$14.14$15.0020.2%5.8%19.2%11.7%0.0%6.8%5.4%19.7K-153.2K-1.1K0.00106.22N/AN/A0048472