FSP Options History — June 2012

In June 2012, FSP traded between $9.70 and $10.58. ATM implied volatility averaged 114.8%, placing in the 56.0% IV rank vs the trailing year. The 30-day expected move averaged 45.1%. IV traded above realized volatility by 92.0% (HV 20d: 22.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.20.

Notable Days

2012-06-19: Highest Volume — 20 contracts
2012-06-20: Largest IV spike — 771.6% change
2012-06-18: Highest IV Rank — 96.0%
2012-06-18: Largest Expected Move — 54.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.11	$9.70	$10.58	$9.70	$10.58
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	114.8%	21.9%	191.3%	175.9%	156.5%
Expected Move	45.1%	30.7%	54.9%	50.4%	44.9%
HV 20d	22.8%	17.6%	25.3%	17.6%	23.1%
HV 60d	21.8%	20.8%	22.3%	21.3%	21.7%
IV Rank	56.0%	7.3%	96.0%	87.9%	77.8%
IV Percentile	77.8%	0.4%	98.0%	96.4%	92.1%
Term Structure	-66.4%	-157.9%	16.9%	3.0%	-14.1%
Skew 25d	-15.1%	-89.7%	44.6%	-3.2%	7.2%
Skew 10d	-6.1%	-129.6%	53.3%	-16.9%	18.1%
Call IV 25d	116.1%	43.8%	167.4%	150.2%	137.8%
Put IV 25d	101.1%	22.4%	159.7%	147.0%	145.0%
Bid-Ask Spread %	157.30	152.43	159.90	152.43	156.78
Gamma HHI	1.00	0.94	1.00	0.94	1.00
Net GEX	-275	-1.2K	471	-80	-272
Net DEX	-5.9K	-25.2K	11.8K	3.7K	-25.2K
Net VEX	-318	-371	-267	-309	-367
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.20	0.00	1.00	0.00	0.00
Total Volume	3.905	0	20	0	0
Total OI	176.381	131	192	180	192

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
2012-06-01	$9.70	$10.00	175.9%	50.4%	17.6%	87.9%	0.0%	-3.2%	3.0%	-80	3.7K	-309	0.00	152.43	N/A	N/A	0	0	85	95
2012-06-04	$9.80	$10.00	94.4%	44.7%	18.1%	45.3%	0.0%	-6.6%	-69.1%	-123	1.9K	-306	0.00	156.43	N/A	N/A	0	0	85	95
2012-06-05	$9.97	$10.00	158.3%	45.4%	19.0%	78.7%	0.0%	6.2%	-50.9%	-75	-5.8K	-311	0.00	156.83	N/A	N/A	0	0	85	95
2012-06-06	$10.15	$10.00	177.0%	44.2%	20.1%	88.5%	0.0%	44.6%	-114.1%	-408	-11.7K	-312	0.00	156.23	N/A	N/A	10	0	85	95
2012-06-07	$10.09	$10.00	35.2%	49.1%	20.1%	14.3%	0.0%	-23.3%	-57.7%	-44	-6.9K	-307	0.00	156.19	N/A	N/A	0	0	80	95
2012-06-08	$10.20	$10.00	116.8%	33.5%	20.5%	57.0%	0.0%	24.0%	-2.3%	-76	-12.0K	-304	0.00	157.03	N/A	N/A	0	0	80	95
2012-06-11	$9.81	$10.00	88.8%	54.3%	24.8%	42.4%	0.0%	-21.1%	-70.9%	146	493	-288	0.00	156.64	N/A	N/A	0	0	80	95
2012-06-12	$9.91	$10.00	33.6%	30.7%	25.1%	13.4%	0.0%	20.5%	-71.1%	-287	11.8K	-287	0.00	157.37	N/A	N/A	1	0	80	95
2012-06-13	$9.86	$10.00	170.5%	48.9%	25.1%	85.1%	0.0%	0.7%	-54.8%	217	10.1K	-280	0.00	157.32	N/A	N/A	0	0	81	95
2012-06-14	$9.95	$10.00	117.2%	33.6%	25.3%	57.2%	0.0%	22.6%	16.9%	350	-72	-279	0.00	155.97	N/A	N/A	0	0	81	95
2012-06-15	$10.07	$10.00	175.5%	50.3%	24.4%	87.7%	0.0%	-88.0%	-63.3%	471	-11.9K	-276	0.00	156.73	N/A	N/A	0	0	81	95
2012-06-18	$10.22	$10.00	191.3%	54.9%	24.6%	96.0%	0.0%	-5.7%	-114.5%	-610	-1.6K	-267	0.00	156.73	N/A	N/A	0	10	57	74
2012-06-19	$10.37	$10.00	21.9%	0.0%	24.6%	7.3%	0.0%	-89.7%	-157.9%	-1.2K	-905	-283	1.00	158.15	N/A	N/A	10	10	57	84
2012-06-20	$10.37	$10.00	190.7%	54.7%	24.3%	95.7%	0.0%	6.6%	-100.6%	-869	-1.3K	-316	0.00	158.10	N/A	N/A	20	0	67	94
2012-06-21	$10.24	$10.00	87.8%	0.0%	24.9%	41.8%	0.0%	-41.9%	-76.6%	-851	-9.1K	-359	0.00	158.14	N/A	N/A	0	11	87	94
2012-06-22	$10.22	$10.00	130.2%	37.3%	24.7%	64.0%	0.0%	-34.3%	-82.9%	-370	-17.7K	-346	0.00	158.83	N/A	N/A	10	0	87	95
2012-06-25	$10.12	$10.00	73.7%	0.0%	24.9%	34.5%	0.0%	-88.0%	0.0%	-206	-13.4K	-369	0.00	159.39	N/A	N/A	0	0	97	95
2012-06-26	$10.09	$10.00	40.2%	0.0%	24.9%	16.9%	0.0%	17.6%	-125.3%	-334	-4.4K	-371	0.00	159.90	N/A	N/A	0	0	97	95
2012-06-27	$10.23	$10.00	81.8%	0.0%	21.7%	38.7%	0.0%	0.6%	-55.7%	-535	-13.1K	-369	0.00	159.24	N/A	N/A	0	0	97	95
2012-06-28	$10.30	$10.00	94.1%	0.0%	21.8%	45.1%	0.0%	-65.6%	0.0%	-640	-16.8K	-366	0.00	158.92	N/A	N/A	0	0	97	95
2012-06-29	$10.58	$10.00	156.5%	44.9%	23.1%	77.8%	0.0%	7.2%	-14.1%	-272	-25.2K	-367	0.00	156.78	N/A	N/A	0	0	97	95