FSP Options History — November 2012

In November 2012, FSP traded between $10.64 and $11.55. ATM implied volatility averaged 81.9%, placing in the 38.7% IV rank vs the trailing year. The 30-day expected move averaged 22.8%. IV traded above realized volatility by 61.4% (HV 20d: 20.4%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days.

Notable Days

  • 2012-11-19: Largest IV spike — 395.1% change
  • 2012-11-09: Highest IV Rank — 78.5%
  • 2012-11-14: Largest Expected Move — 38.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.15$10.64$11.55$11.23$11.55
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV81.9%22.5%157.9%51.0%101.2%
Expected Move22.8%6.1%38.7%14.6%29.0%
HV 20d20.4%17.4%23.0%20.1%17.4%
HV 60d21.3%20.6%21.9%20.9%21.6%
IV Rank38.7%7.6%78.5%22.6%48.8%
IV Percentile46.5%1.2%80.2%42.5%55.6%
Term Structure-26.6%-130.5%59.8%-12.3%9.3%
Skew 25d7.2%-5.8%100.5%0.4%6.4%
Skew 10d4.2%-27.2%26.6%1.1%-27.2%
Call IV 25d45.9%20.7%123.8%31.5%62.1%
Put IV 25d53.1%21.1%160.0%31.9%68.4%
Bid-Ask Spread %121.6825.17156.38104.34153.67
Gamma HHI0.530.500.710.530.54
Net GEX620394931886622
Net DEX-32.7K-38.6K-25.5K-34.5K-36.7K
Net VEX-84-115-34-96-75
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI7878787878

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-11-01$11.23$0.0051.0%14.6%20.1%22.6%0.0%0.4%-12.3%886-34.5K-960.00104.34N/AN/A005820
2012-11-02$11.25$0.0023.2%6.6%19.7%8.0%0.0%2.5%9.5%838-38.6K-460.0098.68N/AN/A005820
2012-11-05$11.29$10.0054.3%22.1%19.2%24.3%0.0%100.5%59.8%441-32.9K-1150.00150.34N/AN/A005820
2012-11-06$11.36$10.00111.7%14.3%18.8%54.3%0.0%37.2%33.9%666-34.3K-1060.00114.41N/AN/A005820
2012-11-07$11.21$10.0070.9%23.3%19.2%33.0%0.0%0.5%-44.6%596-32.0K-1070.00155.00N/AN/A005820
2012-11-08$11.16$10.0035.4%24.1%19.1%14.4%0.0%-2.3%-59.7%629-31.3K-1060.00107.69N/AN/A005820
2012-11-09$11.10$10.00157.9%28.4%19.2%78.5%0.0%4.0%-49.0%516-30.6K-1080.00151.39N/AN/A005820
2012-11-12$11.09$10.0069.6%6.1%19.2%32.3%0.0%0.4%6.5%685-36.7K-360.0025.17N/AN/A005820
2012-11-13$11.05$10.0049.9%25.6%19.1%22.0%0.0%-1.4%-130.5%569-29.8K-1020.00107.29N/AN/A005820
2012-11-14$10.78$10.00134.8%38.7%20.7%66.4%0.0%4.0%-75.5%394-28.0K-1030.00154.35N/AN/A005820
2012-11-15$10.64$10.00106.4%30.5%20.9%51.6%0.0%13.7%-71.1%462-25.5K-1000.00153.20N/AN/A005820
2012-11-16$10.68$10.0022.5%6.4%20.7%7.6%0.0%3.4%-0.7%732-28.3K-540.0088.92N/AN/A005820
2012-11-19$10.91$10.00111.3%31.9%22.0%54.1%0.0%-2.1%-60.0%492-28.4K-950.00154.97N/AN/A005820
2012-11-20$11.00$10.0023.6%6.8%22.2%8.2%0.0%-0.8%-9.8%647-35.2K-340.0033.25N/AN/A005820
2012-11-21$11.11$10.00107.2%30.7%22.3%52.0%0.0%-3.1%-56.4%548-30.6K-910.00153.57N/AN/A005820
2012-11-23$11.22$10.0059.9%17.2%22.6%27.2%0.0%-3.2%-81.4%931-35.3K-630.0037.27N/AN/A005820
2012-11-26$11.38$10.0096.4%27.6%23.0%46.3%0.0%-5.8%-6.4%690-34.9K-800.00144.16N/AN/A005820
2012-11-27$11.35$10.00112.3%32.2%22.9%54.7%0.0%1.1%-20.1%544-33.7K-810.00155.56N/AN/A005820
2012-11-28$11.34$10.00114.6%32.9%22.5%55.9%0.0%-2.6%-11.9%531-33.5K-800.00156.38N/AN/A005820
2012-11-29$11.54$10.00105.4%30.2%18.5%51.0%0.0%-1.6%11.6%591-36.3K-770.00155.75N/AN/A005820
2012-11-30$11.55$10.00101.2%29.0%17.4%48.8%0.0%6.4%9.3%622-36.7K-750.00153.67N/AN/A005820